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Lifepal announced a series A funding worth of $9 million or equivalent to 130 billion Rupiah. The round was led by ProBatus Capital with the participation of Cathay Innovation, Insignia Ventures Partners, ATM Capital and Hustle Fund.
Combined with the previous round, the company has raised a total investment of $12 million. This follow on funding will be channeled to its product improvement and user experience.
Was founded in 2019 by Giacomo Ficari, Nicolo Robba, Benny Fajarai, and Reza Muhammad; Lifepal has transformed into an insurance marketplace platform. The direct-to-consumer (D2C) approach allows them to distribute hundreds of insurance products to the public.
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