# Grupo R5

## At a glance

| Field | Value |
| --- | --- |
| Category | Insurtech Platform |
| Type | Solutions Provider |
| Region | LATAM |
| Headquarters | Bogota, Colombia |
| Founded | 2016 |
| Stage | Growth |
| Employees | 86-112 |
| Funding | Series A + Debt financing |

## Overview

Grupo R5 is a Colombian insurtech platform that digitizes vehicle insurance and related services. Founded in 2016 by Fernando Sucre and Pablo Armida, R5 removes friction from mandatory vehicle ownership compliance by offering fast, low-cost digital solutions. The company operates as a "born digital" platform designed to simplify and reduce inefficiencies in insurance distribution in Colombia and the broader LATAM region.

The platform serves Colombian consumers through multiple channels: a web platform, mobile apps (iOS and Android), and integrations with insurance providers. With 2+ million satisfied customers and strong app ratings (4.9/5 on Apple Store with 31K reviews, 4.6/5 on Google Play with 153K reviews, 4.7/5 on Trustpilot), R5 has established itself as Colombia's leading digital SOAT distributor.

## Products & services

### SOAT \(Seguro Obligatorio de Accidentes de Tránsito\)

Digital platform for purchasing Colombia's compulsory vehicle accident insurance. Customers can complete purchases in 5 minutes via email delivery. Accepts multiple payment methods including PSE (Colombian transfer system) and credit cards. Service includes ambulance coordination and legal advice by phone. R5 has helped over 50,000 people purchase SOAT and maintains current pricing information for all vehicle categories.

### Vehicle Management Mobile App

Comprehensive application for vehicle owners providing:

**Key features:**

- SOAT renewal reminders
- Vehicle tax alerts
- Traffic fine notifications
- Pico y placa \(traffic restriction\) consultation
- Technomechanical inspection scheduling
- Vehicle price comparisons

### Technomechanical Review \(RTM\) Scheduling

Integration with inspection facilities across multiple Colombian cities (Bogota, Medellín, Cali, Bucaramanga) for vehicle safety compliance certifications.

### Additional Tools

**Key features:**

- Vehicle price comparisons
- Payment tracking
- License plate consultation services

## Links

- Website: <https://www.grupor5.com>
- Directory profile: <https://insurtechlist.com/companies/grupo-r5/>
- \*\*website\*\*: <https://www.grupor5.com>
- \*\*linkedin\*\*: <https://co.linkedin.com/company/grupor5>

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*Last updated: 2026\-06\-15*