Acko
Founded Year
2016Stage
Growth Equity | AliveTotal Raised
$428MAbout Acko
Acko operates as a digital insurance platform for policy providers. It offers a range of services, including car insurance, health insurance, travel insurance, electronic insurance, group health insurance for employees, and many more. The company was founded in 2016 and is based in Bengaluru, India.
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ESPs containing Acko
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The digital auto insurance providers market leverages advanced technologies and data analytics to offer personalized and efficient auto insurance solutions. Digital auto insurance providers offer streamlined policy management through user-friendly apps and websites, making it easier for policyholders to access information, file claims, and get real-time assistance. Furthermore, these providers oft…
Acko named as Leader among 15 other companies, including Digit Insurance, Zego, and Clearcover.
Acko's Products & Differentiators
Auto insurance
ACKO offers customized motor insurance products that can be easily accessed online and with quotes and all the relevant information pertaining to motor insurance available on the website. ACKO uses data and analytics to underwrite the customer, which in turn helps improve premium pricing accuracy. After the purchase is made, the policy is directly sent into the buyer’s inbox in less than two minutes. Claim assessment time is drastically reduced and a settlement is provided within 48 - 72 business hours.
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Research containing Acko
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Acko in 5 CB Insights research briefs, most recently on Aug 16, 2022.
Mar 8, 2022 report
The 12 Industries Amazon Could Disrupt Next
Expert Collections containing Acko
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Acko is included in 6 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,228 items
Insurtech
4,213 items
Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
Fintech
12,502 items
Excludes US-based companies
Insurtech 50
50 items
Fintech 100
249 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Tech IPO Pipeline
257 items
The tech companies we think could hit the public markets next, according to CB Insights data.
Latest Acko News
Nov 25, 2023
Infosys founder Narayana Murthy's venture capital firm Catamaran plans to expand its portfolio by investing in precision manufacturing startups, which can export and make components in deep tech, and automobiles, a senior company official has said. Catamaran has invested in companies like SpaceX, deep-tech energy startup Log 9, B2B e-commerce firm udaan, edtech firm udemy, and fintech firm Acko, among others. Pic: Reuters Infosys founder Narayana Murthy's venture capital firm Catamaran plans to expand its portfolio by investing in precision manufacturing startups, which can export and make components in deep tech, and automobiles, a senior company official has said. While speaking to PTI on the sidelines of the Digital Acceleration and Transformation Expo (DATE), Catamaran Chairman MD Ranganath on Friday said the valuation expectation in startups have come down in India compared to 2022, but good ideas with good business models will continue to attract investments. "Our current focus, in addition to services, is on precision manufacturing. Now, India is attracting a lot of manufacturing investments. We are trying to invest in those companies which can export and make components in deep tech, and automobiles," Ranganath said. TRENDING NOW
Acko Frequently Asked Questions (FAQ)
When was Acko founded?
Acko was founded in 2016.
Where is Acko's headquarters?
Acko's headquarters is located at Somasandrapalya, 27th Main Rd, Sector 2, HSR Layout, Bengaluru.
What is Acko's latest funding round?
Acko's latest funding round is Growth Equity.
How much did Acko raise?
Acko raised a total of $428M.
Who are the investors of Acko?
Investors of Acko include General Atlantic, Multiples Alternate Asset Management, Cpp Investment Board Private Holdings, Intact Ventures, Munich Re Ventures and 20 more.
Who are Acko's competitors?
Competitors of Acko include Digit Insurance, Buckle, Cachet, PolicyBazaar, Zego and 7 more.
What products does Acko offer?
Acko's products include Auto insurance and 2 more.
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Compare Acko to Competitors
Digit Insurance provides digital insurance solutions. It offers an online platform for users to avail of various types of insurance services, including car insurance, life insurance, health insurance, and property insurance. Digit serves the financial sector. The company was formerly known as Oben General Insurance. It was founded in 2016 and is based in Bengaluru, India.
Coverfox helps people buy and manage their insurance. It offers products online for customers in categories like health, car, life, travel, and home insurance. The company was founded in 2013 and is based in Mumbai, India.
Buckle provides rideshare and auto insurance policies. It offers buckle coverage, ride share coverage and delivery insurance. The company was founded in 2017 and is based in Jersey City, New Jersey.
Turtlemint provides an online insurance platform. It offers insurance services from various providers, allowing users to compare different plans. It also provides car, bike, life, and health insurance. It was formerly known as Invictus Insurance Broking Services. The company was founded in 2015 and is based in Mumbai, India.
Inshur operates as an insurance technology platform. It provides fully digital auto insurance services for taxi, ride-share, private fleet, and private hire drivers, as well as other globally recognized partners. These services are designed to offer smart, data-driven, and flexible insurance protection to meet the needs of new economy players in mobility, delivery, and transportation. Inshur primarily sells to sectors such as the ride-sharing industry, courier and delivery services, and the broader transportation industry. The company was founded in 2016 and is based in New York, New York.
Quicken is a company that focuses on personal finance management in the software industry. The company offers a range of software products that help individuals manage their personal finances, save towards their goals, manage and reduce debt, and plan for retirement. These products provide features such as real-time alerts, insightful reports, projected cash flows, and tools for decision-making. It was founded in 2016 and is based in Menlo Park, California.
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