Top 25 InsurTech VC Funds & Investors in Indonesia (November 2026)

Portfolio highlights

• IDfy — Secure Customer Onboarding | Smarter Fraud Detection | DPDP Compliance & Privacy Governance made Easy for Banks, E-Commerce, and Logistics.
• KLAR Smile — KLAR Aligner merupakan solusi tepat untuk mendapatkan gigi rapi yang aman, cepat, tidak sakit, dan terjangkau tanpa mengganggu penampilanmu.
• Nafas — Nafas creates an air quality sensor network to monitor the quality of outdoor air. Nafas collects data from real sensors that are designed to be installed outside and withstand the elements. To provide the most accurate local data, Nafas has installed over 30 sensors throughout Jakarta.

Portfolio highlights

• CYFIRMA — CYFIRMA, offers market-leading cyberthreat visibility products and services, powered by artificial intelligence (AI) and machine learning, CYFIRMA’s flagship platform delivers comprehensive, real-time insights into emerging cyberthreats, attack motives and methods—customized to a client’s industry and IT environment.CYFIRMA defends againstcyberattacks by supplying organizations with real-time threat visibility and situational awareness to enables them to take a more proactive strategic, management and tactical security management actions. By aggregating, correlating and analyzing information from hundreds of thousands of sources on the open and dark web, CYFIRMA helps clients anticipate what types of attacks are most likely to occur and provide the most effective response.
• Panviva — Connect, Collaborate and Communicate with your employees and customers like never before. Panviva provides complete and innovative knowledge management solutions focused on streamlining and making information more accessible.
• Whale — Whale provides an omnichannel marketing platform that transforms marketing operations, digitalizes store operations and unifies offline & online brand experiences leveraging AI + IoT + Big Data to “Connect Brands with Customer”.Founded in 2017, Whale has since empowered 400+ global FMCG, F&B, Fashion and Automotive brands includingP&G, Unilever, Starbucks, UNIQLO, ARMANI, Watsons, Xiaomi, Midea, Lotus, POP MART etc. with over 150,000 stores across APAC, enabling brands to embrace the full potential of digital transformation.Equipped with AI capabilities, patented ReID technology and enterprise-grade security, Whale platforms comprising of Space Data Platform (SDP), Whale Marketing Cloud (WMC), Whale Open Platform (WOP) and Whale Analytics, serve as the end-to-end digitalization engine that enables brands to seamlessly engage with each customer.Whale is backed by Temasek Holding, NIO Capital, Source Code Capital, Linear Capital, Alpha Commune, BAI Capital and The Jiangmen, with 6 offices across Singapore, Hangzhou, Shanghai, Beijing and Shenzhen.

Portfolio highlights

• Qoala — Asuransi online yang siap melindungi kamu dan orang tersayang, di mana aja, kapan aja. Premi murah, proses klaim mudah, dan 100% digital!
• Homage — Homage provides non-medical and medical services to seniors and adults. Their services include disability assessments, activities of daily living assistance, nursing procedures, and rehabilitation services, including physiotherapy, speech therapy, and occupational therapy. They also provide health screening, mobile medicine, telemedicine,ambulance, and medication delivery services.
• EngageRocket — We help organizations make better people decisions using real-time analytics. Our customers use EngageRocket platform to measure and improve employee experience.

Portfolio highlights

• Mintive — Mintive provides an enterprise governance platform for managing and securing AI agents and Model Context Protocol (MCP) servers. The platform acts as a gateway that turns local or containerized MCP servers into production-ready services with OAuth protection, centralized authentication, and audit logging. It offers real-time monitoring, anomaly detection, and role-based access controls for AI tool usage. MintMCP connects assistants such as ChatGPT, Claude, and other AI clients to internal data, databases, and SaaS systems while maintaining SOC 2-aligned security and compliance controls. It targets engineering, security, and operations teams deploying AI agents in regulated and enterprise environments.
• BON Credit — BON Credit is an AI-powered credit platform that helps customers understand, manage, and improve credit intelligently.
• Medikea Health — Feeling sick but don't want to leave your home or work? Video consult or Chat with trusted doctors from your phone.

Portfolio highlights

• Sikoia — Streamline your decision-making with centralized customer data, comprehensive case management, and automated risk evaluation without complicated integrations.
• Aspire — Multi currency business account, for start-ups & SMEs, to manage your company spends & expenses, accounts receivables & payables, invoices, bills, corporate cards & cross-border payments.
• Scrut Automation — Scrut Automation makes ISO 27001, SOC 2, GDPR and PCI DSS compliance easy, with 70% less Manual effort

Portfolio highlights

• Jutsoo — Upload a statement and Jutsoo captures, codes, and reconciles every transaction. You review and sign off.
• MiyaHealth — MiyaHealth develops technologies to improve the healthcare experience for patients.
• Sinbad Indonesia — Solusi belanja grosir online untuk menyuplai stok toko Anda dari distributor utama. Aplikasi Sinbad membuat belanja grosir online dijamin lebih hemat dan mudah.

Portfolio highlights

• ForU AI — ForU AI operates as a real-world AI agent.
• Monit — Monit menggabungkan manajemen kas, pembayaran bisnis, kontrol pengeluaran, dan kartu kredit korporat dalam satu pengalaman terintegrasi
• Limited — Secure your treasury and scale your business globally with a truly self-custodial account that only you control. No banks. No middlemen.

Portfolio highlights

• fileAI — Automate and analyze any file with AI. fileAI builds proprietary AI components for complex agentic workflow automation.
• Diaflow — Diaflow is an agentic automation platform that enables users to automate their business processes using natural language
• Konvy — Konvy.com is a beauty e-commerce platform that provides cosmetics and skincare products. Konvy.com products include skin creams, makeup accessories, perfume, food supplements, and many more. L'Oréal, Shiseido, Sulwhasoo, Eucerin, and La Roche-Posay are among its brands.

Portfolio highlights

• Benford — Benford is a modern, licensed audit firm that provides technology-driven statutory audit services using its custom software, AuditOS.
• Primo — A birdseye view of your IT.
• sevDesk — Deutschlands beliebteste Buchhaltungssoftware: Rechnungen& Angebote erstellen, Buchhaltung erledigen, Kunden- &Lagerverwaltung u.v.m.

Portfolio highlights

• H&B Asia — H&B Asia specializes in sourcing, importing, and distributing fresh fruits and agricultural products. The company works closely with global growers and suppliers to bring high-quality produce into the Korean market. It focuses on building strong partnerships, ensuring consistent supply, and supporting efficient logistics across the fooddistribution value chain.
• GMI Cloud — Run production AI workloads on GMI Cloud. Deploy serverless inference, dedicated GPU clusters, and bare metal AI infrastructure on one scalable platform.
• ACT-ion Battery Technologies — ACT-ion Battery Technologies is a manufacturing company that offers cathode active materials for lithium batteries.

Portfolio highlights

• Nabla — Nabla is the leading ambient AI assistant, reducing practitioner burn-out and improving patient care.
• Abacum — Our FP&A software automates data integration, eases collaboration & drives rapid insights into your financial health. See why Typeform, Ebury & Cabify trust us.
• Flowdesk — The new standard for market-making and crypto-financial technology. Market-making as a Service, brokerage, custody of cryptocurrencies.

Portfolio highlights

• Neogrowth — Best loan offer for your small business. Apply for Collateral Free Business Loan online & get instant loan disbursal. For more details call us at 18004195565.
• Marengo Asia Healthcare — Marengo Asia Healthcare is a platform that will run multispecialty hospital chains formed by Samara Capital, Havells Family Investment Office, and Godrej Family Investment Office.
• Global Care Medical Center — Global Care Medical Center is a network of hospitals and clinics that provides multi specialty inpatient and outpatient healthcare services.

Portfolio highlights

• CN AI — CN AI provides consulting services using AI.
• Starling Medical — An AI enabled urinary catheter that allows neurogenic bladder patients the normal use of a toilet and the real time detection of their UTIs.
• DELOS — Leading the Indonesia Blue Revolution. We are at the forefront of aquaculture shrimp farming & sustainable lobster fishing industry.

Portfolio highlights

• FUNDtastic — FUNDtastic is an online investment platform. Is an easy and safe way to buy and sell mutal funds, gold and other investment instruments.

Portfolio highlights

• FUNDtastic — FUNDtastic is an online investment platform. Is an easy and safe way to buy and sell mutal funds, gold and other investment instruments.
• Prometheus Biosciences — At Merck, we're following the science to tackle some of the world's greatest health threats. Get a glimpse of how we work to improve lives.
• 5E Advanced Materials — 5E Advanced Materials is reshaping the boron supply chain, focusing on sustainable production for electric transportation, clean energy, and defense applications. Explore our innovative solutions.

Portfolio highlights

• AEOL — AEOL is a ventilation and air purifier products manufacturing company.
• Toss — Toss is a South Korea-based mobile financial service platform operated by fintech startup Viva Republica.Its application offers peer-to-peer money transfers, manages credit scores and bank accounts, access loan and insurance plans, split bill options, QR payment and other similar services that enable users to manage their finance.Toss wasestablished in 2011 by Seunggun Lee in Seoul, Seoul-t'ukpyolsi.
• Qoala — Asuransi online yang siap melindungi kamu dan orang tersayang, di mana aja, kapan aja. Premi murah, proses klaim mudah, dan 100% digital!

Portfolio highlights

• SPASH — SPASH mission has always been to develop technologies that make players want to play while being profitable for clubs.
• Segari — Segari operates as an online grocery company that offers fresh food products. The company was founded in 2020 and is headquartered in Jakarta, Jakarta Raya, Indonesia.
• ToumAI Analytics — ToumAI Analytics is a software development company providing voice analytics, real-time analytics, and reporting services.

Portfolio highlights

• Delineate — Delineate process research publications, patents, and databases to deliver evidence-based insights that guide, focusing on clarity and impact. Transform research papers into actionable data. Delineate system sifts through vast libraries of research, pinpointing papers that match Delineate specific requirements. Delineate automatically convertscomplex information from plots, tables, figures, and text into structured datasets, enabling rapid data exploration and analysis and expert guidance.
• Neo Asset Management — India's Premier New Age Asset Management and Financial Advisory Firm #neogroup #DoGood
• Checkbox — Checkbox is an award-winning no code platform which allows users to build their own business apps for process automation.

Portfolio highlights

• Banyu — Banyu is a seaweed company that handles difficulties such as low-quality inputs, labor-intensive agricultural practices, and fluctuating market prices. It sells seaweed for food production, biofertilizers, and bioplastics.
• Jago Coffee — Jago Coffee serves freshly brewed coffee beverages wherever you are through a fleet of fully electric mobile cafes.
• Kozystay — Indonesia's largest short term rental property management Group. Managing high end rental premium apartments & luxury villas in Jakarta, Bali, Bandung, Surabaya & beyond!

Portfolio highlights

• Aman — Aman provides modern technology for growing companies to set up and manage their employee benefits, simplifying complexity of benefit administation and delivering a world-class experience. Our platform enables companies to competitively recruit, engage and retain top talents.

Portfolio highlights

• Spiko — Cash management for companies and individuals. Open your account in under 5 minutes, earn daily yield on your treasury and access cash anytime.
• Madica — Home for Africa's pre-seed stage ventures
• Parallel Loop — Parallel Loop is a software engineering company that builds AI solutions, and custom software for startups and enterprises.

Portfolio highlights

• Jet Commerce — Jet Commerce is a digital marketing company that offers one-stop e-commerce enabler services and solutions for B2B and B2C sectors. It provides end-to-end e-commerce solutions that prioritize the customer experience for brands and local sellers, including Online Strategy, Platform Management, Performance Reporting, Operations, Merchandising, andCustomer Relationship Management. It ensures a seamless experience and seizes opportunities that every brand or business has in this growing digital age.
• Thin Red Line — Thin Red Line dedicates the software and hardware opportunities of the AR track.
• WonderMind — WonderMind is a K12 education technology company that is involved in education. It employs innovative teaching technology and methodologies to create a vibrant learning environment and enhance students' learning outcomes and creativity.

Portfolio highlights

• SIRCLO — SIRCLO is a leading omnichannel commerce enabler in Indonesia, driven by the mission to unlock the digital potential of people and businesses.
• Member.id — We help communicate your brand promise to your audience through customized loyalty programs, personalized media contents and targeted digital campaigns.
• PouchNATION — PouchNATION is a SaaS company for cashless and guest management solutions digitising the venues and events operations using intelligent NFC wearable technology in Southeast Asia. We aim to empower business owners to operate worry-free in the future.

Portfolio highlights

• Medifab — Medifab is a bio-healthcare center that offers 3D system testing, measurement analysis, and OEM service.
• NanoForge AI — Nanoforge AI merges AI-driven material design with robotics automation to cut material development time from years to weeks
• The Pant Project — The Pant Project is an e-tailoring company that specializes in customizing pants according to individual fit and style. They offer a curated range of premium fabrics including poly viscose, knit, and wool. The company also provides a 4-way stretch technology in their formal pants for enhanced comfort and mobility. Customers can track their ordersthrough the company's website.

Portfolio highlights

• Allium — Allium empowers crypto analytics teams with on chain data infrastructure
• Angle Health — Angle Health provides a technology-enabled health insurance platform to simplify employer-sponsored healthcare benefits. The company's service offers fully configurable group health plans that employers can tailor and deploy quickly through its “Benefit Builder” and “Quote-to-Card” tools, often eliminating the need for individual member-level underwriting. It integrates medical, pharmacy, demographic, claims, and population-health data with AI-enabled analytics to help employers, brokers, and care teams anticipate health needs and design plans accordingly. Angle Health’s plans typically include telemedicine, digital behavioral health, chronic-disease management, and access to a national network of doctors and providers—services that are often bundled into standard coverage.
• Overwatch Data — Overwatch is an AI-native threat intelligence platform combining automated agents with expert insight to help cyber and fraud teams detect, investigate, and act on digital threats in real time.