PolicyStreet

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PolicyStreet - overview

Established

2016

Location

Kuala Lumpur, -, Malaysia

Primary Industry

Insurance

About

PolicyStreet, based in Malaysia, specializes in providing innovative insurance solutions, with a focus on enhancing accessibility and understanding of insurance products for consumers and businesses alike. Based in Kuala Lumpur, Malaysia, founded in 2016, PolicyStreet operates as a digital insurance platform, simplifying the process of purchasing insurance. The company was co-founded by Wilson Beh, Winnie Chua and Yen Ming Lee (CEO as of 2026). In April 2026, PolicyStreet raised USD 21 million in series C funding led by Cool Japan Fund, with participation from Altara Ventures and Gobi Partners.


PolicyStreet offers a range of insurance products, including life, health, and general insurance, aimed at catering to diverse customer needs. Their digital platform enhances the purchasing experience by providing educational resources and personalized recommendations, allowing users to make informed decisions. Furthermore, the company collaborates with various insurance providers to ensure a broad selection of policies available for customers. For the year 2023, PolicyStreet generated a revenue of USD 12.


61 mn with an EBITDA of USD -1. 05 mn, indicating an ongoing investment in growth and technology development. In April 2026, PolicyStreet raised USD 21 million in series C funding led by Cool Japan Fund, with participation from Altara Ventures and Gobi Partners. The company plans to use the March 2026 funding to support regional expansion, strengthen its technology infrastructure, and deepen partnerships across Asia.


Current Investors

KK Fund, Spiral Ventures, Pitch Nominees Sdn. Bhd.

Primary Industry

Insurance

Sub Industries

e-Financial, Financial Services, Personal Insurance, Life Insurance, Health Insurance, Internet

Website

www.policystreet.com.my/

Verticals

Cloud Computing, InsureTech

Company Stage

Series C

Total Amount Raised

Subscriber access only

PolicyStreet - timeline of key events

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PolicyStreet - financials

Fiscal Year EndedDec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023
Revenue (USD)698,844339,8775,304,6936,521,689---
% Revenue Growth (YoY)-(51.4%)1460.8%22.9%---
EBITDA (USD)(21,435)(652,136)(497,205)(623,794)---
Operating Income (USD)(22,252)(668,504)(513,575)(625,678)---
Operating Margin(3.2%)(196.7%)(9.7%)(9.6%)---
% EBITDA Margin(3.1%)(191.9%)(9.4%)(9.6%)---
NET Income (USD)(22,905)(667,851)(513,575)(563,312)---
% Net Margin(3.3%)(196.5%)(9.7%)(8.6%)---

PolicyStreet - employee data

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