Brazilian Insurtech Azos Raises $24 Million Series C to Expand…

Team S · 2026-03-14T13:26:38.000Z

razilian insurtech Azos has secured $24 million in a Series C funding round aimed at accelerating the growth of its digital life-insurance platform. The round was led by Kaszek, with participation from investor Kevin Efrusy, one of the early backers of Facebook. Azos is focused on simplifying access to life insurance in Brazil by offering fully digital policies that allow customers to customize coverage and premium payments according to their financial needs. The company’s platform aims to remove traditional bureaucratic processes that often make insurance products difficult to access. Founded in 2020 by Rafael Cló, Bernardo Ribeiro, and Renato Farias, Azos operates a digital insurance distribution model that combines direct-to-consumer sales with partnerships with insurance brokers across the country. The company focuses on providing transparent and flexible life-insurance products tailored to individual customers. The new investment will support Azos in expanding its technology infrastructure, developing new insurance products, and strengthening its presence in Brazil’s growing digital insurance market. The company also plans to scale distribution through brokers and digital channels to reach more consumers nationwide. The funding reflects continued investor interest in Latin America’s insurtech sector, as startups use technology and data analytics to simplify financial protection products and improve access to insurance services across emerging markets.

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Brazilian Insurtech Azos Raises $24 Million Series C to Expand… | Newnex