Loovi
Type
startup
Founded
2019
Funding captured
$9.0m
Deals captured
1
About Loovi
Loovi is a Brazilian insurtech that provides digital-first vehicle insurance and fleet protection services across Brazil. The company combines telematics hardware and a mobile app to enable real-time vehicle tracking, diagnostics, and theft warranty products, and offers 24-hour assistance, collision and glass coverage. Loovi operates via subscription plans and platform channels, accepts vehicles often rejected by other insurers (e.g., lowered or auction vehicles), and builds distribution tools for brokers and fleet customers to simplify policy management and claims processes for low- and middle-income segments.
Loovi funding captured (1)
| Deal type | Stage | Date | Amount | Investors |
|---|---|---|---|---|
| Equity | Unspecified | Feb 27, 2024 | $9.0m |