What is Setoo?
Setoo operates as a transformative force in the insurance industry, positioning itself as a powerful business accelerator for e-businesses. By leveraging its deep insurance expertise, Setoo empowers online enterprises to offer personalized insurance solutions. This not only enhances the customer experience but also unlocks new revenue streams. The company maintains a strategic presence with headquarters in London, an insurance hub in Paris, and a research and development center in Tel Aviv. Setoo is led by co-CEOs Noam Shapira and Eyal Gluska, both seasoned veterans of the Israeli high-tech landscape, alongside Chief Insurance Officer Pierre-Olivier Desaulle.
How much funding has Setoo raised?
Setoo has raised a total of $9.3M across 1 funding round:
Series A
$9.3M
Series A (2018): $9.3M, investors not publicly disclosed
What's next for Setoo?
The recent major strategic investment signals a pivotal growth phase for Setoo. This capital is expected to fuel further expansion of its technological capabilities and market reach, enabling more e-businesses to integrate sophisticated, personalized insurance offerings. The company's focus on innovation and its established operational centers in key European markets suggest a trajectory aimed at solidifying its position as a leader in embedded insurance solutions.
See full Setoo company page
