Crabi, a leading auto insurance platform in Mexico, raised $13.6 million in new funding led by Kaszek and IGNIA.
The funding will support Crabi's expansion of its distribution network and AI-powered solutions amid significant growth and scale-up in run rate.
With over 70% of vehicles in Mexico uninsured, Crabi aims to make car insurance more accessible by offering real-time, mobile-first insurance experiences.
The company plans to invest in onboard more distribution partners, enhance AI-driven operations, and bridge the protection gap for millions of drivers in Mexico.