Sar Closes Capital Raise
Summary
In conjunction with the funding, SAR added Daven R. Shastri, Managing Partner of Anthem, to the newly created Board of Directors. Anthem’s investment provides SAR with long-term growth capital to execute on the organization’s mission and innovation roadmap. Led by Nessim Mezrahi, CEO, SAR provides public company risk management data analytics solutions. The company, founded in 2018, uses specialized data science that implements U.S. Federal Court-approved methodologies to identify and track adverse corporate events that impact stock price performance of U.S. and non-U.S. issuers that trade on the NYSE and NASDAQ. Through a cloud-native platform, SAR dispenses comprehensive data-driven insights for global insurance companies and their distribution partners.