Rabbit Care's Series C Fundraising Round by Rockstone Ventures and VGI PCL Shores Up Business Plans and Targets The company is poised for greater service offerings as Rabbit Care aims to become the number one insurance brokerage company in Thailand.
Rabbit Care, Thailand’s leading online marketplace for insurance and financial products, announces a series C funding led by Rockstone Ventures, a growth equity investment firm, and joined by VGI PCL, Thailand’s leading media conglomerate. The joint initiative aims to empower Rabbit Care’s business expansion and further strengthen its market share. The investment is expected to drive Rabbit Care’s marketing activities under an innovative and dynamic “Complete Care” concept; this includes more promotional and value-for-money offerings to Thai consumers. Moreover, it bolsters the company’s ambition to become a top-of-mind brand for insurance and financial products in Southeast Asia.
According to Mr. Michael Steibl, Chief Executive Officer of Rabbit Care Company Limited, “Rabbit Care is rapidly expanding and is now regarded as Thailand's top online broker for insurance and financial products. Our company is an online marketplace that uniquely offers customers the convenience of easily comparing and buying insurance and financial products available in the market. We are immensely proud of our brand and CARE principles that drive our operations. We offer Comprehensive solutions. We move with Agility. We take Responsibility, and we make experiences feel Effortless.
Advancing the strategy of "Complete Care", we increased the range of products and services, scaled our customer care center and further developed our breakthrough online platform “CareOS”, which enables customers to quickly discover and compare deals with ease, speed, and efficiency. “Complete Care” is not only a tagline but also represents our dedication to our clients. This, in our opinion, is the factor that helped us gain trust and confidence from Rockstone Ventures and VGI PCL.”
Mr. Anton Farlenkov, Managing Director, Rockstone Ventures expresses the same level of confidence: “We are thrilled to lead this investment round in Rabbit Care, and we are very optimistic about its growth, fueled by the team’s clear strategy and strong execution. As a shareholder, we look forward to supporting Rabbit Care’s continuous expansion,” he shared.
Rabbit Care was founded in 2013 and has since grown to become the top financial marketplace of its kind in Thailand, with more than 70 business partners. The company leverages technology to simplify insurance and financial product brokerage. Through its online comparison solutions and efficient customer care center, Rabbit Care increases transparency, accessibility, and affordability for Thai consumers.
For additional information, contact Rabbit Care at 1438 (24 hours), visit our website at https://rabbitcare.com/ or follow news and activities at www.facebook.com/RabbitCareTH, Instagram rabbitcareth, TikTok rabbitcareth and Twitter @rabbitcareth #RabbitCare #แรบบิทแคร์ #InsuranceBroker
About Rockstone Ventures
With total assets under management exceeding $ 1.4 billion, Rockstone Ventures focus on growth equity investments in South and Southeast Asia, MENA and other emerging markets. The funds invest in fast-growing technology companies in a number of selected verticals, including healthcare, education, financial and consumer services.