FinTech

Vesttoo: Raises $6M in Series A Funding

Vesttoo Raises $6M in Series A Funding

  • Vesttoo, a Tel Aviv, Israel-based Alternative Reinsurance and Investment platform, raised $6m in Series A funding
  • The round was led by Hanaco Ventures
  • The company intends to use the funds to further develop its offerings
  • Led by Yaniv Bertele, CEO, The company is a marketplace for non-catastrophe insurance-based risk transfer and investments
  • Its proprietary AI-based technology facilitates risk transfer between insurance companies and institutional investors
  • The founding team include Bertele, Alon Lifshitz, Chief Product Officer, and Ben Zickel, Chief Technological Officer
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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