What does Crabi do?
Crabi is a digital auto insurance platform that uses proprietary underwriting models, AI-powered operations, and an end-to-end infrastructure to deliver mobile-first insurance experiences. The platform is deeply integrated into the workflows of brokers, dealerships, and lenders to streamline the entire process from quote to claim.
How much did they raise?
The company raised $13.6M in a funding round led by Kaszek and IGNIA, with participation from 30N Ventures, Redwood Ventures, Carao Ventures, Azuro Capital, and Newtopia VC.
What are their plans for the money?
Crabi plans to use the funds to onboard more distribution partners and invest further in AI-driven operations and underwriting solutions, which is expected to bolster its market presence and operational efficiency.
What have they achieved so far?
Crabi has already built strong partnerships with car dealerships, vehicle financing platforms, leasing companies, and brokers, reinforcing its position as a leading digital auto insurer in Mexico.
