Vesttoo Raises $15M in Series B Funding
Summary
The round was led by Mouro Capital, and MS&AD Ventures. Led by Yaniv Bertele, CEO, Vesttoo provides a marketplace for Life and P&C insurance-based risk transfer and investments. Its proprietary AI-based technology facilitates risk transfer between insurance companies and institutional investors, providing insurance-linked investments to asset managers of all types, while enhancing risk transfer and capacity in the Life and P&C insurance markets. The company intends to use the funds to expand its Insurance-Linked Program (ILP) offering, an innovative security-based investment portfolio, as well as a digital marketplace for insurance-based risk transfer and investments.
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