Azos

Azos

An insurtech firm that offers personalized insurance services.

HQ location
São Paulo, Brazil
Launch date
Enterprise value
$119—179m
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Financials

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Revenues, earnings & profits over time
USD20212023
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Source: Dealroom estimates

More about Azos
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Azos is a Brazilian insurtech startup that aims to simplify the insurance market. The company offers life insurance products, with a focus on providing protection for unexpected life events such as accidents, serious illnesses, and death. Azos serves a broad range of clients, from individuals seeking to secure their financial future to those wanting to ensure their beneficiaries are taken care of in the event of their death.

The company operates in the insurance market, specifically in the life insurance sector. Azos' business model is built on the principle of making insurance accessible and affordable for everyone. The company achieves this by eliminating the need for medical exams during the application process, simplifying the process and saving clients time. Instead, clients answer a series of questions that allow Azos to determine their coverage needs.

Azos generates revenue through the premiums paid by its clients for their insurance policies. The company offers coverage of up to R$1 million, with the promise of approval within one business day. The company's platform makes it easy for clients to simulate and contract their desired coverage, showing them the monthly cost upfront.

Azos has been recognized in the press for its innovative approach to life insurance. The company recently launched a tool that calculates life expectancy based on profession and raised R$55 million to democratize life insurance.

Keywords: Insurtech, Life Insurance, Simplified Process, No Medical Exams, Affordable, Accessible, Quick Approval, Financial Protection, Brazilian Startup, Innovative.

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