Philippine Insurtech Saphron Raises S$1.4 Million Through Seed Funding Round Led By Sage & Talino Labs

Saphron, an insurtech based in the Philippines, has reportedly secured S$1.4 million through its seed funding round, which was led by Sage and Talino Labs. Saphron revealed it was built out of its “bold ambition” to make insurance radically accessible through powerful and seamless technology. It was revealed:

“Saphron is here to spice up your everyday experiences by making sure you have the protection you need for the people, things, and moments that matter to you. We’ll make it easy, convenient (and maybe even a little bit fun) to give you coverage that you won’t have to agonize (and fill tiring long forms) over, so you can focus on enjoying the little things you value most.”

Speaking about the investment, Sage and Talino Labs reportedly revealed in a joint statement that their investment in Saphron further underlines their commitment to addressing the “large protection and financial gap.”  Talino Labs Venture Director, Micaela Beltran, also shared:

“There is a lot of growth potential in Southeast Asia, but for industries to leapfrog and become even more relevant to today’s consumers, it’s important to combine the latest technology with in-depth industry expertise.”