# Toffee Insurance funding: rounds and investors

> Toffee Insurance has raised $5.5M across 1 round since 2019. Investors include IVM Intersurer, Omidyar Network and Kalaari Capital. Every round with its source.

Source: https://millionrounds.com/company/toffee-insurance (Millionrounds; every figure on the page links to its filing or article)

India · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Toffee Insurance*

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech Insurtech

Funding summary Updated 26 Oct 2026

**$5.5M** raised across 1 round since 2019, from 1 source

- **Latest round:** Series A, $5.5M Dec 2019
- **Led by:** IVM Intersurer
- **Investors:** 5 (1 led)

See who backed them

## The rounds

- **Dec 2019** Series A **$5.5M** IVM Intersurer Lead [Omidyar Network](https://millionrounds.com/fund/omidyar-network) [Kalaari Capital](https://millionrounds.com/fund/kalaari-capital) [Flourish Ventures](https://millionrounds.com/fund/flourish-ventures-2) [Accion Venture Lab](https://millionrounds.com/fund/accion-venture-lab) Reported by Moneycontrol

## Everyone who backed them

IVM Intersurer no record of our own yet **1** round, led 1

[Omidyar Network](https://millionrounds.com/fund/omidyar-network) Family office **1** round

[Kalaari Capital](https://millionrounds.com/fund/kalaari-capital) VC firm **1** round

[Flourish Ventures](https://millionrounds.com/fund/flourish-ventures-2) VC firm **1** round

[Accion Venture Lab](https://millionrounds.com/fund/accion-venture-lab) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=toffee-insurance).

## Quick answers about Toffee Insurance

### Who invested in Toffee Insurance?

Toffee Insurance's investors include IVM Intersurer, Omidyar Network, Kalaari Capital, Flourish Ventures and Accion Venture Lab. IVM Intersurer led its latest round.

### How much has Toffee Insurance raised?

Toffee Insurance has raised $5.5M across 1 round since 2019.

### When did Toffee Insurance last raise?

Toffee Insurance's most recent round was a Series A of $5.5M in Dec 2019, led by IVM Intersurer.

### What was Toffee Insurance's biggest round?

Its most recent round, $5.5M in Dec 2019, is also its largest on record.

### Who backed Toffee Insurance first?

Toffee Insurance's first round on record, in Dec 2019, was backed by IVM Intersurer, Omidyar Network and Kalaari Capital and 2 others.

### What stage is Toffee Insurance at?

Toffee Insurance's latest named round is a Series A, in Dec 2019.

### Where is Toffee Insurance based?

Toffee Insurance is based in India.

### Who led Toffee Insurance's rounds?

IVM Intersurer led the Series A in 2019.

## Companies like Toffee Insurance

In the same sector, and raised in the last eighteen months.

[**RocketPay** $1.1M · Oct 2026](https://millionrounds.com/company/rocketpay)[**NeoGrowth** $99M · Oct 2026](https://millionrounds.com/company/neogrowth)[**StockGro** $28M · Oct 2026](https://millionrounds.com/company/stockgro)[**Jeeves** $210M · Sept 2026](https://millionrounds.com/company/jeeves)[**Kissht** $97M · Sept 2026](https://millionrounds.com/company/kissht)[**Navi** $100M · Aug 2026](https://millionrounds.com/company/navi)

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