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Bowtie raises up to US$70 million in Series C funding led by Sun Life to fuel growth in medical insurance and innovation in preventive healthcare.

PRIVATEJul 18, 2025•about 1 year ago

Amount Raised

$70 Million

Round Type

Series C

San Luis ObispoHealth CareDietary SupplementsFitnessWellness

Investors

Sun Life Hong Kong Limited

Description

Bowtie, Hong Kong's first virtual insurer, has secured up to US$70 million in its Series C funding round led by Sun Life Hong Kong Limited. This investment represents the largest funding round for digital health insurers in Asia. Bowtie continues to excel in the digital insurance market and aims to exceed US$100 million in annual recurring revenue by 2025. With Sun Life's support, Bowtie is well-positioned for significant growth in the future.

Company Information

Company

Mindbody

Location

San Luis Obispo, California, United States

About

Mindbody believes all people, everywhere deserve to realize their most well self. Everything we do—every product, every support call, every line of code—is focused on bringing those moments of connection and renewal to life. We connect Mindbody wellness professionals around the world, with millions of people seeking transformative experiences. The meaning of ‘wellness’ has evolved significantly over the last century. Wellness is now a holistic concept, encompassing all aspects of a person’s wellbeing. In championing inclusion, diversity and access throughout everything we do, we’re able to produce innovative and intuitive solutions for wellness seekers and providers, regardless of where they are on their wellness journey. Mindbody is based in San Luis Obispo, CA, with satellite offices in India, Australia, and the United Kingdom. Team members also work remotely across the globe. For more information, visit our company site at company.mindbodyonline.com or our career site at company.mindbodyonline.com/careers. Mission: We help people lead healthier, happier lives by connecting the world to wellness.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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