BOMAPP is a Korean startup in the Financial Services, Fintech, Insurance, and Insurtech industries. Founded in 2015, BOMAPP aims to bring new value and experiences to the insurance industry with the slogan "어제는 보험, 오늘은 보맵" which translates to "Yesterday insurance, today BOMAPP." In its latest funding round on 24th October 2022, BOMAPP secured a KRW5.00B investment in a seed round. The investors in this round have not been disclosed.
BOMAPP's focus on disrupting the insurance sector in South Korea highlights the company's potential to address evolving industry needs. The successful seed round investment signifies confidence in the company's vision to innovate the insurance industry. As BOMAPP continues to expand its offerings and market presence, it will be interesting to observe how this funding propels the company forward and enhances its role in the insurtech landscape.
