OpenPlan
Beyond boundaries, Valuable services
South Korea · Founded 2019 · $2.7M raised
- Employees
- 1–10
- Founded
- 2019
- Business Model
- B2B2C
- Website
- openyourplan.com
- Total Funding
- $2.7M
- Last Round
- $2.3M Series AJun 2022
- Rounds
- 2
About
OpenPlan (operating as Toggle) is an international insurtech company that makes insurance easy and accessible. Its AI-driven Toggle platform enables traditional insurers and digital businesses to offer embedded micro-insurance products, allowing consumers to compare and subscribe to mini-insurance products in seconds. The platform supports simplified claims processing and has achieved a 49.7% customer repurchase rate. OpenPlan applies AI-driven standardization and automation to corporate insurance across Asia-Pacific markets.
Summary
OpenPlan is an Insurtech company based in South Korea, founded in 2019. It has raised $2.7M in total across 2 rounds, most recently a $2.3M Series A round in Jun 2022. Investors include Plug and Play, TS Investment and Korea Venture Investment.
Tech & App Stack
10 technologies & apps tracked
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Funding History
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Jun 2022
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Seed through Series A — per-round amounts, valuations, and who invested in each round.
Investors
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