ZA Tech is the technology venture founded by ZhongAn Online, a global leader in online insurance, and backed by Softbank’s Vision Fund. ZA Tech’s solution originated from the use-cases of ZhongAn and is utilized by external partners, including leading insurers to enable them to unlock the value of digital partnerships and accelerate the go-to-market for the new generation of online insurance.
ZA Tech is redefining the insurance landscape by enabling digital ecosystems to easily embed relevant protection within their customer journeys.
ZA Tech is redefining the insurance landscape by enabling digital ecosystems to easily embed relevant protection within their customer journeys.
Location: Singapore
Employees: 501-1000
Total raised: $35M
Founded date: 2018
Funding Rounds 1
| Date | Series | Amount | Investors |
| 22.06.2024 | Series A | $35M | - |
Mentions in press and media 7
| Date | Title | Description |
| 22.06.2024 | ZA Tech raised $35 M Series A funding from EQT | After raising $35 million in Series A funding led by EQT, Singapore-based ZA Tech—a provider of next-generation insurance core system software as a service (SaaS)—rebranded as Peak3. Peak 3 announced in a statement on Wednesday that it is n... |
| 19.06.2024 | ZA Tech Rebrands as Peak3, Secures US$35 Million Series A Funding | - |
| 17.06.2024 | SoftBank-backed ZA Tech raises $35m, rebrands as Peak3 | FintechInvestmentsNews Elyssa Lopez · 7h ago · 1 min readSoftBank-backed ZA Tech raises $35m, rebrands as Peak3 Ian Lee (second from left), general manager for Asia Pacific at Peak3, on stage at Insurtech Connect in Singapore / Image credit... |
| 22.05.2023 | Carro says it broke EBITDA record in FY 2023 | Consumer TechNewsStartups Miguel Cordon · 25 May 2023 · 1 min readCarro says it broke EBITDA record in FY 2023 Photo credit: Carro Carro said it had recorded its highest-ever EBITDA of US$4 million in the financial year ending March 2023, a... |
| 28.02.2023 | ZA Tech invests in Carro to improve and transform the auto insurance experience across Southeast Asian markets | Cutting edge generative AI-powered, personalised and immediate: this investment enables Carro to leverage ZA Tech's suite of InsureTech solutions to distribute highly personalised insurance products and process real-time claims backed by AI... |
| 22.12.2020 | Indonesia’s Ovo joins forces with ZhongAn to create a digital insurance marketplace | Indonesian mobile wallet Ovo and ZA Tech, a joint venture of ZhongAn and SoftBank’s Vision Fund 1, have teamed up to create an insurtech platform, Ovo announced on Tuesday through its holding company PT Bumi Cakrawala Perkasa (BCP). Ovo sai... |
| - | SoftBank’s JV unit buys stake in Indonesian digital lender | AcquisitionsInvestmentsNews Samreen Ahmad · 7 Apr 2022 · 1 min readSoftBank’s JV unit buys stake in Indonesian digital lender ZA Tech, a joint venture between China’s ZhongAn Technologies and SoftBank Vision Fund 1, has become a strategic i... |