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Lydia Ai Raises $8 Million In Series A+ Funding Round To Insure The Next Billion People

Oct 19, 2021•about 4 years ago

Amount Raised

$8 Million

Round Type

series a

Toronto

Description

Lydia AI, formerly known as Knowtions Research, has announced the closing of $8 million USD in a Series A+ funding round. Led by existing investor, Information Venture Partners, and with participation from new investors, including 500 Global, this round brings Lydia AI’s total funding to $14 million USD.

Company Information

Company

Lydia Ai

Location

Toronto, Ontario, Canada

About

Lydia AI is a health AI insurtech startup on a mission to insure the next billion people by making insurance personalized, easier to buy and more inclusive. Insurers work with Lydia AI to leverage new sources of data to make risk predictions which are used to personalize individual experiences, accelerate underwriting practices and develop new inclusive digital products with innovative Pay How You Live Benefits. The company has launched the first series of digital Lydia AI health score insurance products in Taiwan and plans to expand across Asia. Established in 2015, Lydia AI, formerly known as Knowtions Research, is backed by Alibaba Entrepreneurs Fund, Information Venture Partners and 500 Global with offices in Toronto and Taiwan. For more information, visit www.lydia.ai.