BIMA is a provider of mobile-delivered insurance and health services in emerging markets. The Company aims to combine mobile technology with consumer education to bring insurance and health to emerging markets. BIMA provides a range of life, personal accident and health microinsurance products. It works with a range of mass distribution partners, including mobile operators, MFIs and banks. 
Type
Private
HQ
Stockholm, SE
Founded
2010
Size (employees)
599 (est)+3%
BIMA was founded in 2010 and is headquartered in Stockholm, SE
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Key People/Management at BIMA

Gustaf Agartson

Gustaf Agartson

CEO
Mathilda Ström

Mathilda Ström

Deputy CEO
Anders Lundström

Anders Lundström

CFO
Rajat Malhotra

Rajat Malhotra

CTO
Danielle Treharne

Danielle Treharne

Business Development Africa
Benito Hernandez

Benito Hernandez

Regional Manager Latin America
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BIMA Office Locations

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

Summary Metrics

Founding Date

2010

Total Funding

$171 m

Latest funding size

$96.60 m

Time since last funding

4 months ago

Investors

BIMA's latest funding round in December 2017 was reported to be $96.6 m. In total, BIMA has raised $171 m

BIMA Financials

BIMA's revenue was reported to be $11.48 m in FY, 2015 which is a 108.8% increase from the previous period.
USD

Revenue (FY, 2015)

11.5 m

Revenue growth (FY, 2014 - FY, 2015), %

108.8%

Net income (FY, 2015)

(12.8 m)

EBIT (FY, 2015)

(12.4 m)

Cash (31-Dec-2015)

16.2 m
USDFY, 2014FY, 2015

Revenue

5.5 m11.5 m

Revenue growth, %

109%

Sales and marketing expense

9.2 m14.2 m

General and administrative expense

4.2 m9.2 m
usdY, 2014Y, 2015

Cash

12 m16.2 m

Total Assets

22.9 m32.6 m

Total Debt

99 k243 k

Total Liabilities

2.2 m4.4 m
USDFY, 2014FY, 2015

Cash From Operating Activities

(7.9 m)(11.9 m)
USDY, 2015

Revenue/Employee

44.9 k
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BIMA Operating Metrics

BIMA's Customers was reported to be 24 m in Dec, 2017.
Dec, 2017

Customers

24 m
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BIMA News and Updates

Axiata Digital invests US$16.8 mil into Swedish insurtech, BIMA

Axiata Digital invests US$16.8 mil into Swedish insurtech, BIMA AXIATA Digital, the digital services arm of Axiata Group Berhad (Axiata) has made its 29th startup deal, announcing last week a US$16.8 million investment into BIMA, a 2011 founded micro insurance player from Sweden which targets underserved families in emerging markets and which has raised US$75 mi…

GDPR - An opportunity for business clad in regulatory clothing

The upcoming regulation could encourage cooperation and collaboration between the multiple parties that come together to serve customers.
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