Leapstack Secures $150M Series C Funding to Fuel InsurTech Innovation in Asia

Leapstack proudly announces a landmark funding announcement, having successfully raised 150,000,000 to further accelerate its ambitious growth trajectory and innovation in the InsurTech space. Founded in 2016 by a group of passionate Silicon Valley data engineers, Leapstack has quickly evolved into a global trailblazer with its industry-leading big-data platform and pioneering AI engine. The funding will empower the company to intensify its drive in providing world-class solutions tailored to address the challenges of underwriting and risk management. With significant footprints already established in over 40 cities across Mainland China and Hong Kong, Leapstack is now setting its sights on expanding its impact across the broader Asian market and beyond, delivering cutting-edge technology solutions that are uniquely designed for insurance companies and social security departments. This substantial investment not only underlines the confidence of investors in Leapstack’s innovative approach but also promises to spur further advancements in its technological capabilities and market reach. The capital infusion will be strategically directed towards enhancing the platform's infrastructure, scaling operations, and forging stronger collaborations with key industry players worldwide. Moreover, the new funding will facilitate research and development initiatives that aim to anticipate emerging trends and customer needs, ensuring that Leapstack remains at the forefront of transforming the insurance landscape. As the company continues to build on its strong foundation of expertise, visionary leadership, and commitment to excellence, Leapstack is poised to deliver unprecedented value by optimizing risk assessment processes and enabling more efficient, transparent, and secure insurance solutions globally.