Tel Aviv-based Bambi Dynamics raised $6 million in Series A funding. The round was led by MS&AD Ventures, the venture capital arm of one of Japan’s largest insurance and financial services providers MS&AD Insurance Group, with support from existing investor The Phoenix Insurance Company Ltd., one of the largest insurance companies in Israel.
Bambi Insurance Platform (BIP) enables insurers and mobile service providers to offer easy-to-use digital products covering existing and future mobility models, including insurance of personal and commercial means of transport.
The company was founded in 2017 by Moshe Pinto and Zion Madmon, who is currently its chairman.