VESTTOO CLOSES $80 MILLION SERIES C FINANCING ROUND, INCREASING VALUATION TO $1 BILLION
TEL AVIV, Israel, Oct. 25, 2022 /PRNewswire/ -- Vesttoo Ltd, a leading technology-driven global insurance risk transfer platform, today announced an $80 Million Series C financing round co-led by Mouro Capital and a private equity fund, valuing the Company at $1 billion. A US-based bulge-bracket investment bank, Gramercy Ventures, Black River Ventures and Hanaco Ventures also participated in the round.
- TEL AVIV, Israel, Oct. 25, 2022 /PRNewswire/ -- Vesttoo Ltd , a leading technology-driven global insurance risk transfer platform, today announced an $80 Million Series C financing round co-led by Mouro Capital and a private equity fund, valuing the Company at $1 billion.
- "Our clients and equity partners understand the Vesttoo vision and the opportunity we provide," said Yaniv Bertele, CEO of Vesttoo.
- "In a time rife with uncertainty, Vesttoo is showing resilience, financial strength and profitability, thanks to our compelling value proposition.
- The Series C comes less than a year after Mouro Capital led Vesttoo's Series B round with participation from MS&AD Holdings.