What is re?
Founded in 2020 and headquartered in San Francisco, CA, re operates at the intersection of blockchain technology and the reinsurance market. The Re protocol is designed to provide investors with access to insurance premiums, a historically massive and uncorrelated asset class. By leveraging blockchain, re aims to enhance transparency, efficiency, and accessibility within the complex world of reinsurance, offering a novel pathway for capital deployment and risk management.
How much funding has re raised?
re has raised a total of $14M across 1 funding round:
Angel/Seed
$14M
Angel/Seed (2022): $14M with participation from Morgan Creek Digital, Stratos Wealth Partners, Tribe Capital Growth Corp I, SiriusPoint, DEFY, Exor, and Framework
Key Investors in re
Morgan Creek Digital
Morgan Creek Digital is an investment firm focused on the digital asset space, likely bringing expertise in blockchain and cryptocurrency ventures to re's growth.
Stratos Wealth Partners
Stratos Wealth Partners, an SEC Registered Investment Advisor managing significant advisory assets, offers strategic financial guidance and operational resources, indicating a focus on the financial infrastructure and investment management aspects of re's business.
Tribe Capital Growth Corp I
Tribe Capital Growth Corp I is a special purpose acquisition company (SPAC) that engages in mergers and acquisitions, suggesting a strategic interest in re's potential for public market integration or significant scaling.
What's next for re?
The recent major strategic investment in re, alongside its substantial overall funding, positions the company for accelerated growth and market penetration. This capital will likely fuel further development of the Re protocol, expansion of its investor network, and strategic partnerships within the global insurance and financial industries. As re continues to mature, its focus will be on solidifying its position as a leader in blockchain-based reinsurance solutions, driving innovation and unlocking new opportunities for investors in this specialized asset class.
See full re company page
