YAS
Autonomous Mobility Insurance
Insurance that comes with it.
No decision required.
Round
Series A — Strategic
Raise Target
USD $30M
Pre-Money Val
USD $42.5M
Current ARR
$1.3M → $5.5M signed
Confidential — For Qualified Investors Only · YAS Digital Ltd · Hong Kong · 2026
Investment Overview

Why YAS. Why Now.

⚡

Fast & Capital Efficient

  • $1.3M ARR → $5.5M signed (4x)
  • Embedded distribution = near-zero CAC
  • AlipayHK + WeChat Pay HK live
  • 23x ARR target in 3 years
🌏

Massive Market

  • Global embedded insurance: $722B by 2030
  • APAC AV market fastest growing globally
  • Traditional insurers cannot price AV risk
  • First mover in APAC autonomous insurance
🤝

Strategic Partners

  • AlipayHK distribution (millions of users)
  • WeChat Pay HK integration
  • WeRide AV fleet partnership
  • Zurich comparison: invested in Ominimo (EU)
🚀

Exit Potential

  • Nasdaq IPO target 5–7 years
  • $42.5M → $1B valuation path (23x)
  • Strategic acquisition by global insurer
  • Tiger Global-comparable unit economics
Zurich just invested in Ominimo — AI motor insurance in Europe (Apr 2025).
YAS is the APAC equivalent. Same thesis. Bigger market. First mover.
Product & USP

Insurance That Activates Itself.

The Core Insight
The best insurance is the kind you never have to buy.
It's already there.

🏦 B2B2C Embedded Model

YAS embeds directly into payment and mobility platforms. Insurance activates automatically when users transact or ride — no buying decision, no friction, no underwriter needed at point of sale.

📱 Current Distribution

  • AlipayHK — active integration
  • WeChat Pay HK — active integration
  • AV fleet operators (WeRide, Pony.ai)
  • Mobility platforms & ride-hailing

⚙️ How It Works

1
User opens AlipayHK / WeChat Pay HK or enters an AV
2
YAS risk engine activates — real-time pricing based on behaviour & context
3
Insurance coverage is active. User is protected. No form, no decision.
4
YAS earns premium. Partner earns revenue share. User pays nothing extra.

🎯 The Tagline

"It comes with it."

用就有保 — HK market positioning

Traction & Business Model

From $1.3M to $5.5M — Without Direct Sales.

$1.3M
Current ARR
$5.5M
Signed Contracts (ARR)
$42.5M
Current Valuation
23x
ARR Growth Target (3yr)
Revenue Trajectory
2025 Actual ARR
$1.3M
Signed Contracts
$5.5M
2026 Target
$8M
2028 IPO-Ready
$30M

💰 Revenue Model

  • Premium income from embedded policies
  • Revenue share with distribution partners
  • Data & risk intelligence licensing (pipeline)
  • AV fleet underwriting (next phase)

📊 Unit Economics Advantage

  • Near-zero CAC via embedded distribution
  • Recurring premium revenue model
  • Scales with partner platform user growth
  • No branch network, no agents, no paper
Market Opportunity

Three Converging Megatrends.

🚗

Autonomous Vehicles

10M+ AVs expected on roads by 2030. Waymo: 25-30% of SF rides already autonomous. Every AV needs insurance before it can legally operate. Traditional actuarial models don't work for machines.

$140B+
Global AV insurance market by 2030
📱

Embedded Insurance

Insurance embedded in non-insurance products is the fastest growing distribution channel globally. Fintechs and super-apps are the new insurance distributors. AlipayHK + WeChat Pay HK = 8M+ HK users.

$722B
Global embedded insurance market by 2030
🌏

APAC Digital Mobility

China has the world's most active AV testing programs (WeRide, Pony.ai, Baidu). HK is the gateway. APAC digital payments growing 20%+ annually. The infrastructure for YAS already exists.

$290B
APAC digital commerce market by 2025
The gap: Traditional insurers built on decades of human data. They cannot price autonomous risk.
YAS builds the risk models before the claims data exists. Whoever owns the model owns the market.
Competitive Landscape

YAS Owns APAC. Nobody Else Does.

Company Geography Product Distribution AV Focus Embedded Status
⚡ YAS Digital APAC (HK/China) Autonomous insurance AlipayHK, WeChat Pay, AV Fleets ✓ Core thesis ✓ Native Live
Inclined Technologies US only Policy-backed lending (iLOC) Advisors (NW Mutual, MassMutual) ✗ Not AV ✗ No $1B originated
Ominimo (EU) Europe only AI motor insurance Direct consumer Partial ✗ No Zurich-backed
Bowtie / OneDegree HK only Digital insurance selling Direct consumer ✗ No ✗ No Series B
AXA / Allianz / AIA Global Traditional motor/travel Agents, branches ✗ None ✗ None Waking up
18–24 month window before AXA/Allianz wake up to the AV insurance gap.
YAS's first-mover advantage in APAC is the moat — and the clock is running.
Team

Operators. Not Theorists.

Andy Ann
Co-Founder · Chairman
Founder/CEO NDN Group. 35+ ventures built over 24 years. Klarity → Meltwater exit 2017. TEDxWanChai founder. Lectures at 7 HK universities. The operator behind Digital Group AI.
William Lee
Co-Founder
UBC educated. Web3 and autonomous insurance believer. Built the original YAS thesis on embedded insurance before it was a category. Deep insurtech network in APAC.
Norman Tam
Strategic Partner
Ex-CEO WeChat Pay HK. Ex-VP Tencent Cloud / JOOX. Direct access to WeChat Pay HK distribution and Tencent AV network (WeRide, JOOX). The distribution key.
Bosco Lin
Strategic Partner
Ex-Alipay / Ant Group. FSDC board member (HK govt advisory body). CPA. Direct access to HKMA and regulatory pathways. AlipayHK distribution relationship holder.
Marc Tarshis
Fundraise Lead
Chicago-based. Delivered 5-year financial model, Series B data room (full + light), Trackbill cap table. Managing $30M Series A capital raise process. Former enterprise sales and finance.
Carmen Ho
Finance Lead
Hired specifically for the fundraise process. Managing financial reporting, investor due diligence preparation, and Nasdaq IPO readiness from the financial infrastructure side.
Financials & Projections

The 23x Path to $1B.

📈 ARR Growth Path

2025 Actual
$1.3M ARR
2025 Signed
$5.5M
2026 Target
$8M
2027 Target
$18M
2028 IPO-Ready
$30M

💎 Valuation Bridge

$42.5M
Today
→
~$300M
Series B (est.)
→
$1B+
IPO Target
Key Assumptions

🔢 Growth Drivers

  • AlipayHK: 2M+ active users → 5% penetration = 100K policies
  • WeChat Pay HK: similar scale, cross-sell
  • AV fleet partnerships: WeRide, Pony.ai HK/GBA expansion
  • New embedded verticals: travel, health, lifestyle
  • Data licensing revenue from risk model (Phase 2)

📊 Comparable Benchmarks

  • Ominimo (EU, Zurich-backed): similar model, Europe only
  • Inclined Technologies: $1B originated, 318% CAGR
  • Respond.io (Andy investment): $2.15M → $23M ARR (10x in 4yr)
  • MessageBird comparable at Atomico investment → $4B
Use of Funds

$30M. One Goal: Category Ownership.

35%

Product & Technology

AI risk modelling engine, real-time pricing infrastructure, AV risk data platform, simulation layer for autonomous risk models. The proprietary tech moat.

30%

Distribution & Partnerships

New embedded platform integrations, AV fleet contracts (WeRide, Pony.ai expansion), APAC market entry (Singapore, Taiwan, Japan), regulatory licensing.

20%

Team & Operations

Senior actuarial hire, Chief Risk Officer, US business development lead, APAC sales team, compliance and regulatory affairs.

15%

Brand & Category Creation

Own "Autonomous Mobility Insurance" as a category globally. Thought leadership, media presence, conference sponsorship, US market brand building for Nasdaq readiness.

🎯 18-Month Milestones with $30M

  • $8M ARR by end 2026
  • 1M+ embedded policies activated
  • 3 new APAC markets live (SG, TW, JP)
  • AV fleet underwriting product launched
  • US revenue / strategic partnership secured
  • Series B raise at $200M+ valuation

⚡ The Strategic Value for Lead Investor

  • Board seat available for strategic lead
  • Co-branded product opportunities
  • First right of refusal for Series B
  • APAC distribution via YAS platform
  • Access to YAS risk data + AI models
$30M
Series A Strategic Round · Minimum ticket $1M · Lead investor welcome
📞

Next Steps

  • NDA + data room access
  • 30-min intro call with Andy Ann
  • YAS product demo + tech walkthrough
  • Term sheet discussion
📊

Due Diligence Ready

  • Full data room available (NDA required)
  • 5-year financial model (Marc Tarshis)
  • Cap table + existing investors
  • Regulatory & compliance documentation
📩

Contact

Andy Ann
Co-Founder · YAS Digital
andy.ann@digitalgroup.ai
+852 93193019
marc.tarshis@yas.com.hk
Confidential — This document contains forward-looking statements. Past performance does not guarantee future results.
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