Grupo ilao raises over $30M, acquiring 21 brokers to become a leading insurance brokerage in Colombia, led by JP Conte’s Lupine Crest Capital.
Amount Raised
$30 Million
Round Type
Funding Round
BogotáInsuranceInvestors
Description
Grupo ilao has announced the completion of 21 insurance broker acquisitions across Colombia, becoming a top five brokerage. They have raised over $30 million from investors led by Lupine Crest Capital and Dennis Chookaszian. This funding will support their growth and expansion in the insurance distribution sector in Latin America. The investments are aimed at accelerating their strategic objectives and future acquisitions.
Quick answer
Grupo ilao raised $30 Million in a Funding Round round, dated August 1, 2025. Investors: Lupine Crest Capital and Dennis Chookaszian. Grupo ilao is based in Bogotá, Capital District, Colombia.
- How much did Grupo ilao raise?
- Grupo ilao raised $30 Million in a Funding Round round on August 1, 2025.
- Who invested in Grupo ilao?
- Lupine Crest Capital and Dennis Chookaszian are named as investors in this round.
- What does Grupo ilao do?
- Grupo ilao is a leading retail insurance brokerage offering property and casualty insurance to more than 20,000 clients.
- Where is Grupo ilao based and how big is it?
- Grupo ilao is based in Bogotá, Capital District, Colombia.
Source: Fundz verified event record.
Who else raised in Insurance around the same time
Companies in the same sectors as Grupo ilao that raised within 45 days of this round, from Fundz verified event records.
- Vantage Group Holdings raised $900M (Debt Financing) on September 13, 2025.
- High Street Holdco raised $4.7M (Seed) on September 12, 2025.
- Coterie raised an undisclosed amount (Series C) on September 12, 2025.
- Pacific Life raised $717M on September 11, 2025.
- High Street Holdco raised $2.2M (Seed) on September 11, 2025.
- Itasca MGA raised an undisclosed amount (Debt Financing) on September 9, 2025.
Who to call at Grupo ilao, and when
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- An alert the day Grupo ilao raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Grupo ilao, from your own LinkedIn network
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