BIMA was founded in 2010 and is headquartered in Stockholm, SE
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Key People/Management at BIMA
Gustaf Agartson
CEO
Mathilda Ström
Deputy CEO
Anders Lundström
CFO
Rajat Malhotra
CTO
Danielle Treharne
Business Development Africa
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 | Leapfrog Ventures, Investment AB Kinnevik, AXIATA Digital, Millicom Systems, LeapFrog Investments, Allianz X |
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 |
- Source: Company Register
| USD | FY, 2014 | FY, 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 |
- Source: Company Register
| usd | Y, 2014 | Y, 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 |
| USD | FY, 2014 | FY, 2015 |
|---|---|---|
Cash From Operating Activities | (7.9 m) | (11.9 m) |
| USD | Y, 2015 |
|---|---|
Revenue/Employee | 44.9 k |
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
April 17, 2017
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…September 18, 2017
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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