Vesttoo

company

About

Vesttoo is a marketplace for non-catastrophe insurance-based risk transfer and investments.

Details

Last Funding Type
Series C
Last Funding Money Raised
$80M
Industries
Asset Management,Finance,FinTech,Insurance,InsurTech
Founded date
Jan 1, 2018
Number Of Employee
101 - 250
Operating Status
Active
Legal Name
Vesttoo Ltd.

Vesttoo is the world’s first marketplace for non-catastrophe insurance-based risk transfer and investments. Our proprietary AI-based technology facilitates risk transfer between insurance companies and institutional investors, providing insurance-linked investments to asset managers of all types, while enhancing risk transfer and liquidity in the Life and P&C insurance markets.

Our platform facilitates risk transfer to the capital markets with a faster time to market, providing insurers with an affordable, accurate alternative or supplement to traditional reinsurance with unlimited capacity from the capital markets, while we offer asset managers a variety of risk remote, uncorrelated investment options that generate sustainable alpha from a catered variety of insurance and reinsurance premiums.

We collaborate with leaders in the field to build alternative reinsurance transactions covering a variety of Life and P&C insurance risks in transparent, data-driven alternative reinsurance and retrocession deals - run-off or treaty, parametric or portfolio-specific, standalone or on top of existing reinsurance towers.

Our proprietary AI-based Machine Learning models have been developed independently, accepted by regulators, and externally audited by leaders in the field. Vesttoo was selected to participate in IBM Alpha Zone, Citigroup Accelerator, Plug and Play and Fintech Innovation Lab – all prestigious fintech accelerators, and most recently NVIDIA's inception program.
Our management team has a diversified professional experience in global business development, investments, technology/systems/algorithms, financial engineering, reinsurance, credit rating and management

Additional team members include: data scientists, financial engineers, actuaries, product managers, project managers, business development, strategy and marketing professionals.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$103M
Vesttoo has raised a total of $103M in funding over 2 rounds. Their latest funding was raised on Oct 25, 2022 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 25, 2022 Series C $80M 6 Mouro Capital Detail
Nov 21, 2021 Series B $15M 2 Mouro Capital
MS&AD Ventures
Detail
Aug 9, 2021 Series A $6M 1 Hanaco Venture Capital Detail
Apr 21, 2021 Seed $2M Detail
Dec 20, 2020 Seed 2 Longevitytech.fund Detail

Investors

Number of Lead Investors
Number of Investors
5
9
Vesttoo is funded by 9 investors. Mouro Capital and MS&AD Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Mouro Capital Yes Series C
MS&AD Ventures Yes Series B
Longevitytech.fund Yes Seed
Black River Ventures Series C
bulge-bracket investment bank Series C
Goldman Sachs Series C
Gramercy Ventures Series C
Hanaco Venture Capital Series C
Plug and Play Seed

Employee Profiles

Number of Employee Profiles
8
Vesttoo has 8 current employee profiles, including Executive Yaniv Bertele
Executive
Executive
Executive
Executive
Board member