Super.mx, an Insurtech Startup Based in Mexico City, Raises $7.2 Million in a Series A Round
Super.mx provides the emerging Latin American middle class with insurance that is easy to buy – it can be bought on a cell phone in minutes – and that pays quickly with no adjusters. It’s an MGA, or managing general agent, meaning they handle the entire user experience just like a direct-to-consumer carrier, but with the breadth of product choice offered by an aggregator. The company just raised a $7.2 million Series A from ALLVP Venture Capital, who are convinced that insurtech is the “next frontier” in financial inclusion in Latin America as digitization continues to increase.