Azos closes $24M round
Brazilian digital insurance platform Azos secured a $24 million Series C to expand its platform capabilities — another sign InsurTech capital is flowing globally into scale‑ready core platforms. The round underscores demand for cloud‑native systems that can plug into cross‑border distribution and underwriting flows. (lexology.com)
Azos closed a US$24 million Series C led by Kaszek with participation from investor Kevin Efrusy, according to a Carey Olsen press release dated March 26, 2026. (lexology.com) Carey Olsen acted as legal adviser on the transaction, the firm confirmed in its announcement. (lexology.com) Kaszek has been a long‑running backer of Azos, joining at seed and participating in every subsequent round before leading this Series C, per reporting on the round. (beinsure.com) The company stated the fresh capital will accelerate its AI initiatives across underwriting, claims processing and broker‑support tools to increase automation as it scales. (techloy.com) Azos was founded in 2020 and lists Rafael Cló, Bernardo Correa Ribeiro and Renato Farias as its founders, with headquarters in São Paulo. (tracxn.com) Forbes Brasil reported Azos had attracted more than R$250 million in investment by February 2025, while CB Insights shows the company’s most recent raise and aggregated totals on its profile. (forbes.com.br) Industry reporting notes Azos is scaling within Brazil’s individual life insurance market, which remains concentrated among incumbents such as Bradesco and international players like Prudential, with the Series C framed as a push to reach underserved customers. (fintech.global)
