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baoba

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Parametric Insurance Infrastructure Provider

Toronto, CanadaFounded 2022Fintech
Valuation <$5M Last recorded · 2023
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $0–10M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for baoba and the history behind them.

About baoba

Baoba, accessible via gobaoba.com, is a cutting-edge startup that specializes in providing automated insurance solutions through a B2B (business-to-business) marketplace. The company leverages advanced data analytics and location intelligence to offer innovative insurance products and services. Baoba primarily serves insurance partners and distributors, enabling them to enhance their offerings with data-driven and automated insurance technology.

Baoba operates in the global insurance market, focusing on modernizing and simplifying the insurance process. The company’s business model revolves around offering a platform that integrates seamlessly with its partners' systems via a single API (Application Programming Interface). This integration allows partners to provide their customers with instant access to various insurance products, such as automated flight delay insurance, VIP lounge access, weather guarantees, and event cancellation coverage.

Baoba makes money by charging its partners for access to its platform and services. This can include subscription fees, transaction fees, or a combination of both. By automating claims processes and providing real-time payouts, Baoba helps its partners reduce operational costs and improve customer satisfaction.

The company’s vision is to help insurance partners and distributors transition to a 21st-century insurance portfolio by offering digital solutions that delight customers. Baoba’s platform is designed to be user-friendly, with code-free tools that allow for quick and easy configuration of white-label dashboards. This flexibility aids companies in meeting regulatory and compliance requirements efficiently.

In summary, Baoba is revolutionizing the insurance industry by providing automated, data-driven solutions that enhance the customer experience and streamline operations for insurance providers.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2022
Headquarters
Toronto, Canada
Employees
1
Open positions
None listed
Dealroom signal
44.5/100
Industry
Fintech
Sub-industry
Insurance
Sector
Fintech, Climate Risk, Embedded Insurance, Travel Insurance, PandC Insurance, Parametric Insurance, Hard Tech, NIÜ, Climate Adaptation
Technology
Artificial Intelligence, Big Data
Business model
SaaS
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEED✓Equity / VC Jan 2023 $55K $534K Startup Wise Guys —
SEED✓Equity / VC Jul 2022 $100K $400K Startup Wise Guys —
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

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

YearRevenueGrowth
2026
2025
2024
2023 —
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

baoba website traffic

Latest recorded traffic for baoba is 1.4K monthly website visits, up 600% over the last three months. baoba's team grew 0% over the past year.

Latest monthly visits1.4K 3-month web change+600% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

  • The Braunfeld Group
  • Granpool
  • Startup Wise Guys

Other known investors3 additional known investors

Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇧🇷 Brazil100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about baoba on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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