BIMA

OverviewSuggest Edit

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. 
TypePrivate
Founded2010
HQSödermalm, SE
Websitebimamobile.com
Employee Ratings3.7

Latest Updates

Employees (est.) (May 2022)1,261(+5%)
Revenue (FY, 2015)$11.5 M(+109%)
Cybersecurity ratingAMore
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Key People/Management at BIMA

Gustaf Agartson

Gustaf Agartson

Founder and CEO
Mathilda Strom

Mathilda Strom

Deputy CEO & Regional Manager Africa & Pakistan
Stephan Wilcke

Stephan Wilcke

Chairman
Asitha Rodrigo

Asitha Rodrigo

Chief Technology & Product Officer
Patrick Abbotts

Patrick Abbotts

Chief Financial Officer
Martin Roos

Martin Roos

Board Member
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BIMA Office Locations

BIMA has offices in Södermalm, Phnom Penh, Suva, Accra and in 8 other locations
Södermalm, SE (HQ)
Skeppsbron
Phnom Penh, KH
e4, 216 Norodom Blvd
Suva, FJ
340 Waimanu Rd
Accra, GH
Millicom Place, Opposite Worker’s College, Barnes Rd
Bengaluru, IN
Survey No.130, 18th Main, 1st A Cross, 6th Block, Grape Garden, Koramangala, KHB Colony, 5th Block, Koramangala
Managua, NI
CENTRO FINANCIA Del INE, 150 m. al sur
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BIMA Financials and Metrics

Summary Metrics

Founding Date

2010

BIMA total Funding

$201 m

BIMA latest funding size

$30 m

Time since last funding

2 years ago

BIMA investors

BIMA's latest funding round in September 2020 was reported to be $30 m. In total, BIMA has raised $201 m
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BIMA Revenue

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)

11.5m

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

108.8%

Net income (FY, 2015)

(12.8m)

EBIT (FY, 2015)

(12.4m)

Cash (31-Dec-2015)

16.2m
USDFY, 2014FY, 2015

Revenue

5.5m11.5m

Revenue growth, %

109%

Sales and marketing expense

9.2m14.2m

General and administrative expense

4.2m9.2m
USDY, 2014Y, 2015

Cash

12.0m16.2m

Total Assets

22.9m32.6m

Total Debt

99.0k243.0k

Total Liabilities

2.2m4.4m
USDFY, 2014FY, 2015

Cash From Operating Activities

(7.9m)(11.9m)
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BIMA Operating Metrics

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

Customers

24 m

BIMA Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

BIMA Online and Social Media Presence

Embed Graph

BIMA News and Updates

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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…

London-based BIMA secures €25.3 million to drive mass adoption of digital health and insurtech solutions in emerging markets

Today BIMA, a leading provider of digital health and insurtech services in emerging markets, has secured around €25.3 million in further investment as demand for digital health services doubles. COVID-19 is the catalyst behind the surge, with consumers seeking increased access to telemedicine and in…

BIMA nabs $30M more for micro- health and life insurance aimed at emerging markets

The coronavirus global health pandemic — and the new emphasis on social distancing to slow down the spread of COVID-19 — has put healthcare and tech services used to enable healthcare remotely under the spotlight. Today a startup that’s building microinsurance and healthcare services specifically ta…

Fasal Bima Yojana: Will The Crop Insurance Scheme Survive In Modi-II?

Making Fasal Bima Yojana voluntary would mean a reduction in area coverage and send actuarial premiums rise to sky-high levels.

Amid security, 201st anniversary of Bima Koregaon observed at 'Vijay Stambh'

Over hundreds of people on Tuesday visited the Vijay Stambh (War Memorial) near Perne village here to mark the 201st anniversary of the Bima-Koregaon battle.Amidst heavy security, an event was organised at midnight to commemorate 201 years of the battle. Thousands of visitors paid their tribute at t…

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.

BIMA Frequently Asked Questions

  • When was BIMA founded?

    BIMA was founded in 2010.

  • Who are BIMA key executives?

    BIMA's key executives are Gustaf Agartson, Mathilda Strom and Stephan Wilcke.

  • How many employees does BIMA have?

    BIMA has 1,261 employees.

  • What is BIMA revenue?

    Latest BIMA annual revenue is $11.5 m.

  • What is BIMA revenue per employee?

    Latest BIMA revenue per employee is $9.1 k.

  • Who are BIMA competitors?

    Competitors of BIMA include VeraBank, Frost and BankBazaar.com.

  • Where is BIMA headquarters?

    BIMA headquarters is located at Skeppsbron, Södermalm.

  • Where are BIMA offices?

    BIMA has offices in Södermalm, Phnom Penh, Suva, Accra and in 8 other locations.

  • How many offices does BIMA have?

    BIMA has 13 offices.