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Aqeed

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Compare online insurance quotes | Best UAE insurance companies - Aqeed

Dubai, United Arab EmiratesFounded 2017Fintech

Valuation $100–250M Last recorded · 2018

Revenue <$1M Latest reported FY

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Aqeed

Aqeed is an insurance technology company dedicated to simplifying the insurance process, making it transparent and accessible for residents in the UAE. The company operates in the insurance market, serving individual clients and businesses by offering a range of insurance products including car, home, and workmen compensation insurance. Aqeed's business model revolves around leveraging technology to provide a seamless insurance experience, from obtaining quotes to purchasing policies. The company generates revenue through commissions from insurance providers when clients purchase policies via their platform. Aqeed's proprietary algorithm connects clients with top-rated insurers, ensuring they receive the best coverage at competitive prices. The company emphasizes privacy and data security, collecting only necessary information to provide accurate quotations and never sharing it with third parties without consent.

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At a glance

Status: Operational
Founded: 2017
Headquarters: Dubai, United Arab Emirates
Employees: 9
Open positions: None listed
Dealroom signal: 50.1/100
Industry: Fintech
Sub-industry: Insurance
Sector: Fintech, Insurtech Distribution and Brokerage
Business model: Marketplace & ecommerce
Client focus: b2c
Links: Website LinkedIn X

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Founder mafia, market maps, research and news connected to this company by Dealroom

Funding history

1 recorded event

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES B✓Equity / VC	Apr 2018	$18M	$72M	Undisclosed	—

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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

Year	Revenue	Growth
2026
2025
2024
2023
2022
2021		—

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Growth signals

Aqeed website traffic

Latest recorded traffic for Aqeed is 200 monthly website visits, down 80% over the last three months. Aqeed's team grew 28.6% over the past year.

Latest monthly visits200 3-month web change-80% 1-year team growth+28.6%

Monthly website visitsNov 2017–Jan 2024

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