Soor lands pre-seed investment from Spring
What's the deal? SoorDealroom has a profile for this one. Try Dealroom →, a Bahrain-based insurtech platform, has secured pre-seed investment from Spring, a venture studio and ecosystem builder backed by London's Salica InvestmentsDealroom has a profile for this one. Try Dealroom → and Bahrain's Al Waha FundDealroom has a profile for this one. Try Dealroom →. The funding will support growth and product development.
What it does. Soor's app helps users compare and buy insurance policies from providers in Bahrain, aiming to make the process faster and more transparent. The company says customers can find a policy that fits their needs in less than a minute, while insurers gain a digital channel to reach and understand customers.
Who's behind it? Soor was founded by Mahmood DhaifDealroom has a profile for this one. Try Dealroom → and co-founded by Qasim AlbaqaliDealroom has a profile for this one. Try Dealroom →. The company is licensed by the Central Bank of Bahrain and is part of the country's growing fintech and insurtech ecosystem.
Read more: TradeArabia
Image credit: Harold Laudeus
