R

    RuralNet

    Making insurance accessible to all Filipinos

    Founded
    2019
    Headquarters
    Cebu City, Philippines
    Stage
    Seed
    Total raised
    ₱122M
    From recorded rounds
    Licences
    2
    SEC, IC

    Overview

    RuralNet, Inc. is a Cebu-based insurtech operating the Philippines' first fully digital, API-driven platform for insurance distribution and claims management. It partners with provincial financial institutions (rural banks, cooperatives and microfinance lenders) to deliver affordable health, accident, life and micro-insurance to underserved Filipinos and SMEs, and runs an SME insurance portal through its wholly-owned, Insurance Commission-licensed brokerage subsidiary, CashKO. RuralNet works with about 25 partner institutions serving roughly 2 million Filipinos. It raised a US$2.15M seed round led by Kickstart Ventures in October 2023.

    Mission

    To make insurance accessible to every Filipino, especially in rural and underserved communities.

    Products

    • Digital insurance distribution platform
    • Claims management platform
    • CashKO (insurance brokerage / SME portal)
    • Microinsurance solutions

    Serves

    Rural banksCooperativesMicrofinance institutions

    Funding and ownership

    Total raised

    ₱122M

    Sum of recorded funding rounds

    Stage

    Seed

    Investors and shareholders

    Kickstart VenturesFoxmont Capital PartnersGentree FundKaya Founders

    Figures are calculated from the funding rounds recorded for this company.

    People

    • Justin ArcenasFounder & CEO

    Licences and certifications

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