Bangkok-based Rabbit Care secures funding to boost insurance marketplace

Rabbit Care, Thailand’s leading marketplace for insurance and financial products, has raised an undisclosed amount in its Series C funding round led by Winter Capital.

The round was also participated by VGI PCL, Thailand’s leading media conglomerate.

Rabbit Care was founded in 2013 and has since grown to become the top financial marketplace of its kind in Thailand. The company leverages technology to simplify insurance and financial product brokerage.

Through its online comparison solutions and efficient customer care center, Rabbit Care increases transparency, accessibility, and affordability for Thai consumers.

“We are the first choice for transparent insurance and financial advice,” the company said on its website.

Rabbit Care is Thailand‘s leading marketplace for insurance (life and non-life insurance) and financial products (loans and credit cards), providing unbiased insurance and financial advice.

It operates via its digital platform and “Customer Care Center” under Rabbit Care’s Core Values: Comprehensive, Agile, Responsible, and Effortless, in line with the company slogan “Complete Care.”

The business covers six business segments, including motor insurance, health insurance, life insurance, other insurance, corporate insurance, and financial products, with more than 70 business partners, 4 offices, and over 700 employees.

Rabbit Care shakes up the insurance brokerage industry, becoming the leading marketplace for insurance and financial products with over 70 partners and targeting more than THB 3 billion insurance premium in 2022

“We’re thrilled to lead this investment round in Rabbit Care”, commented Anton Farlenkov, Managing Director of Winter Capital. “We are impressed with Rabbit Care’s growth, fueled by the team’s clear strategy and strong execution. We look forward to supporting Rabbit Care’s continued expansion as a shareholder.”

With total assets under management exceeding $1.4 billion, Winter Capital Partners Investment Funds focus on growth equity investments in South East Asia, MENA and other emerging markets. The funds invest in fast-growing technology companies in a number of selected verticals, including healthcare, education, financial and consumer services.