The general insurance industry in Singapore handled over S$4b in value of insurance premiums in 2016, with an estimated 10,000 intermediaries involved. But Derren Teo was surprised to discover that the sizeable industry has not caught up with the technological age. He shares, “For such an important industry, intermediaries were still relying on excel spreadsheets…
TRi5 Ventures (pronounced “Thrive”) is a Venture Capital firm which focuses primarily on angel to seed-stage investment in technology startups across Southeast Asia.
The team has over 6 years of VC, mentoring and advisory experience, helping more than 700 advisories and supporting 38 startups obtaining US$5.3m in seed funding.
We specialise in deep technologies, AI and data science tech startups in the field of Fintech, Energy Tech, Education Tech and Marketplaces (ex-Singapore).