What is Vesttoo?
Vesttoo operates as a sophisticated insurtech platform, utilizing advanced AI and Machine Learning algorithms to facilitate non-catastrophe insurance-based risk transfer and investment opportunities. Headquartered in Tel Aviv, Israel, the company aims to bridge the gap between insurance risk and investment capital, offering a novel marketplace for financial instruments. Vesttoo's technology-driven solutions are designed to optimize risk management for insurers and provide attractive investment avenues for capital allocators, positioning it as a key player in the evolving financial technology landscape.
How much funding has Vesttoo raised?
Vesttoo has raised a total of $103M across 4 funding rounds:
Multiple Rounds
$23M
Series C
$80M
Angel/Seed (2021): $2M, investors not publicly disclosed
Series A (2021): $6M led by Hanaco
Series B (2021): $15M supported by Ms&ad Ventures and Mouro Capital
Series C (2022): $80M featuring Gramercy Venture and Mouro Capital
Key Investors in Vesttoo
Gramercy Venture
Gramercy Venture is a technology merchant bank focused on accelerating stakeholder wealth in high-growth technology companies, bringing together industry leaders and investment professionals to provide strategic business development and market entry services.
Mouro Capital
Mouro Capital is a venture capital firm specializing in early to growth stage fintech investments across Europe, North America, and Latin America, aiming to support entrepreneurs innovating in the financial services sector with expertise and a global network.
Ms&ad Ventures
MS&AD Ventures is a corporate venture capital firm affiliated with MS&AD Insurance Group Holdings, focusing on early-stage investments in innovative startups across sectors including insurtech, fintech, and healthcare, emphasizing partnerships and global expansion.
What's next for Vesttoo?
With its recent major strategic investment and substantial overall capital raised, Vesttoo is poised for accelerated expansion and further development of its AI-driven risk transfer marketplace. The company's Series C funding round, in particular, signals a transition into a scaling phase, likely enabling Vesttoo to enhance its technological capabilities, broaden its market reach, and solidify its position as a leader in insurtech innovation. Future strategic initiatives may involve expanding into new geographical markets or developing novel financial products that leverage its unique technological infrastructure.
See full Vesttoo company page
