What is Instanda?
Instanda operates a cloud-native, no-code platform engineered to empower insurance carriers to rapidly develop, deploy, and manage a diverse range of insurance products. Serving various lines of business, including Property & Casualty, Life & Health, and Specialty insurance, Instanda's innovative solution addresses the critical need for agility and speed in product creation within the insurance industry. The platform's no-code approach democratizes insurance product development, enabling insurers to adapt quickly to market demands and customer expectations.
How much funding has Instanda raised?
Instanda has raised a total of $64.5M across 2 funding rounds:
Series A
$19.5M
Other Financing Round
$45M
Series A (2020): $19.5M with participation from Assembly Capital Partners
Other Financing Round (2022): $45M led by Dale Ventures and Toscafund Asset Management
Key Investors in Instanda
Dale Ventures
Dale Ventures is a venture capital and investment holding group that partners with entrepreneurs to build enduring businesses across various industries. They leverage their investment experience and networks to drive growth for high-potential ventures led by experienced teams.
Toscafund Asset Management
Toscafund Asset Management LLP is a multi-asset fund manager based in London, managing approximately $4 billion of assets. Their funds cover global equities, hedge funds, property, and debt capital, indicating a broad investment scope.
Assembly Capital Partners
Assembly Capital Partners is an investment firm that has participated in Instanda's Series A funding round, contributing to the company's early-stage growth and market penetration.
What's next for Instanda?
With the backing of major strategic investment and a substantial total funding amount, Instanda is poised for significant scaling and innovation. The company's focus on a no-code insurance platform positions it advantageously in a market increasingly seeking efficiency and digital transformation. Future developments are likely to involve expanding platform capabilities, enhancing AI-driven features, and broadening market reach through strategic partnerships and global expansion. This capital will fuel Instanda's mission to revolutionize insurance product creation and distribution.
See full Instanda company page
