What is Evertas?
Founded in 2017, Evertas was established to tackle the complex insurance needs inherent in the cryptocurrency industry. The company has since become a critical partner for major global carriers, supporting approximately 30% of underwriting activities worldwide. Evertas provides essential insurance products designed to mitigate risks associated with digital assets, catering to the unique demands of this rapidly growing financial sector.
How much funding has Evertas raised?
Evertas has raised a total of $19.8M across 2 funding rounds:
Angel/Seed
$5.8M
Series A
$14M
Angel/Seed (2021): $5.8M with participation from RenGen, HashKey, Morgan Creek Digital, Centrality, Vy Capital, 4RC, Wave Partners, CMT, and Plug ‘n Play
Series A (2022): $14M led by Sino Global Capital, Morgan Creek Capital Management, Foundation Capital, and Polychain Capital
Key Investors in Evertas
Sino Global Capital
Sino Global Capital is an asset manager that provides access to international capital markets for Chinese companies and investors, focusing on building global relationships across various industries.
Morgan Creek Capital Management
Morgan Creek Capital Management is an asset manager employing an endowment-like investment approach, specializing in opportunistic investments and thematic trends like innovative technology and digital assets.
Foundation Capital
Foundation Capital is a venture capital firm that supports founders of category-defining technology companies from early stages through growth, offering deep operational and strategic expertise.
What's next for Evertas?
With the recent influx of major strategic investment, Evertas is poised to further solidify its market position and enhance its service offerings. The company's trajectory suggests a focus on expanding its reach within the global crypto insurance market, potentially developing new underwriting frameworks and risk management tools. Continued growth is anticipated as Evertas capitalizes on its established relationships with leading insurance carriers and its deep understanding of the digital asset ecosystem.
See full Evertas company page
