Insurtech platform bolttech secured additional investment from Asia-based BRV Capital Management (BRV) as part of its oversubscribed Series A funding round.

The size of the latest investment was not disclosed. In September this year, the Singapore-based firm announced the extension of Series A to $210m.

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BRV joins Activant Capital, Future Shape principal Tony Fadell, Alpha Leonis Partners, Dowling Capital Partners, B. Riley Venture Capital, Tarsadia Investments, EDBI Singapore and Mundi Ventures as bolttech’s backer.

bolttech said it will use the funding to support its international growth strategy. BRV’s partnership is expected to accelerate bolttech’s expansion across Asia, particularly in Korea.

BRV Capital Management general partner Kwan Yoon said: “bolttech’s leading technology-driven insurance exchange and distribution network presents a very compelling opportunity to be a part of a future of insurance that will benefit customers and partners alike. We are excited to partner with bolttech and support its continued international expansion by extending our resources and networks.”

bolttech uses digital and data-driven technology to connect insurers, distributors, and customers.

The platform has a presence in 26 markets across North America, Asia, and Europe. Currently, it claims to be working with 150 insurers and 700 distribution partners.

bolttech group CEO Rob Schimek said: “BRV’s investment is further validation of our unique proposition and vision to connect people with more ways to protect the things they value. We are delighted to welcome BRV as a strategic investor and look forward to capturing the commercial opportunities made possible by this partnership.”