Crabi is a Mexican insurtech founded in 2017 and the first tech-native insurance company in over 25 years to receive regulatory approval in Mexico. It operates an AI-driven, full-stack digital auto insurance platform that offers instant policies, automated claims processing, and transparent, data-based pricing, combining modern technology with a disciplined underwriting model to extend coverage to millions of underinsured drivers. The company has tripled its year-over-year growth for three consecutive years. In June 2025 Crabi raised $13.6 million in new funding led by Kaszek and IGNIA, with participation from 30N Ventures, Redwood Ventures, Carao Ventures, Azuro Capital, Newtopia VC and other investors, to scale access to its AI auto insurance across Mexico.