BIMA is the leading provider of mobile-delivered insurance and health services in emerging markets.
BIMA is a groundbreaking company that combines the power of mobile technology with a unique approach to consumer education to bring insurance and health to emerging markets. BIMA provides a range of affordable life, personal accident and health microinsurance products. We work with a range of mass distribution partners, including mobile operators, MFIs and banks. 
BIMA has over 18 million registered customers and has paid out over 3.5 million USD in claims to people who need it most. We have operations in 14 markets spread across 3 continents.
Company Growth (employees)
Type
Private
HQ
Stockholm, SE
Founded
2010
Size (employees)
440 (est)+9%
BIMA was founded in 2010 and is headquartered in Stockholm, SE

Key People at BIMA

Gustaf Agartson

Gustaf Agartson

CEO

BIMA Office Locations

BIMA has an office in Stockholm
Stockholm, SE (HQ)
18 Skeppsbron

BIMA Metrics

Summary Metrics

Founding Date

2010

Total Funding

$82.2 m

Latest funding size

$16.8 m

Time since last funding

7 days

Investors

BIMA's latest funding round in April 2017 was reported to be $16.8 m. In total, BIMA has raised $82.2 m

BIMA Financial Metrics

Revenue (2015)

$11.5 m

Revenue growth (2014-15), %

109%

Net income (2015)

($12.8 m)

Cash (31-Dec-2015)

$16.2 m
BIMA's revenue was reported to be $11.5 m in FY, 2015 which is a 108.8% increase from the previous period.
FY, 2014FY, 2015

Revenue

$5.5 m$11.5 m

Revenue growth, %

109%

Sales and marketing expense

$9.2 m$14.2 m

General and administrative expense

$4.2 m$9.2 m

Operating expense total

$13.6 m$23.9 m

Depreciation and amortization

$306 k$611 k

EBIT

($8.1 m)($12.4 m)

EBIT margin, %

(148%)(108%)

Interest expense

$576 k$2 m

Interest income

$4.5 m$1.8 m

Pre tax profit

($4.2 m)($12.6 m)

Income tax expense

$90 k$182 k

Net Income

($4.3 m)($12.8 m)
Y, 2014Y, 2015

Cash

$12 m$16.2 m

Total Assets

$22.9 m$32.6 m

Total Debt

$99 k$243 k

Total Liabilities

$2.2 m$4.4 m
FY, 2014FY, 2015

Cash From Operating Activities

($7.9 m)($11.9 m)

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BIMA News

BIMA Company Life

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