Brazilian insurtech Azos raised a $24M Series C round led by Kaszek and investor Kevin Efrusy. The round follows Azos’ Series B round in 2025.
Azos offers customizable and easy-to-purchase life and health insurance policies. Customers can adjust coverage amounts and premium payments to fit their needs.
Azos will use the new capital to expand its AI systems for underwriting, claims processing, and broker support, aiming to automate operations and scale the business.
Founded in 2020, Azos manages over $21.1B in policies under management, representing over 1% share of Brazil’s individual life insurance market.
Read more on Brazil Journal.