OneDegree
OneDegree is a fintech company in Hong Kong, Hong Kong, founded in 2016. It has raised $95.7M across 4 rounds, most recently a $27.0M Extension Round in June 2023.
Pet Insurance | Home Insurance | Fire Insurance | Critical Illness
- Headquarters
- Hong Kong
- Employees
- 51–200
- Founded
- 2016
- Business Model
- B2C
- Website
- onedegree.hk
- Total Funding
- $95.7M
- Last Round
- $27.0M Extension RoundJun 2023
- Rounds
- 4
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 4 funding rounds and 6 investors for this company. The full record is or through the API.
About
OneDegree is a Hong Kong-based InsurTech company founded in 2016 by Alvin Kwock and Alex Leung. It was among the first independent insurers in Hong Kong to receive a virtual insurance license from the Insurance Authority, enabling it to operate as a fully digital, app-first insurer. OneDegree offers a range of consumer insurance products including pet insurance, home and fire insurance, home appliance warranty, critical illness coverage, and cyber and digital asset insurance for enterprise clients. The company operates the Pawbook app for pet health records and provides a core insurance system platform for corporate partnership. In January 2026, OneDegree reported its first full-year profit, five years after launch.
Summary
It lists 51–200 employees. It has raised $95.7M in total across 4 rounds, most recently a $27.0M Extension Round in Jun 2023. Investors include Gobi Partners, Dubai Insurance Company and Bitrock Capital.
Tech & App Stack
7 technologies & apps tracked
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Funding History
Jun 2023
Sign up to see all 4 events
Funding: Series A through Extension Round. Amounts, valuations, and investors where available.
Investors
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