The Company has rapidly expanded its global operations in the past year, hiring professionals in London, Hong Kong, Seoul, Dubai and Tokyo, as well as growing its New York and Tel Aviv bases, establishing a Bermuda-based collateralized insurer, and hiring senior talent to bolster its executive leadership team.
Vesttoo intends to use the capital raised to further expand its global presence, enhance its marketplace platform and widen its offering to insurers and investors.
The Vesttoo MarketplaceTM will allow investors to access a variety of reinsurance products and monitor their performance with transparent and data-driven analytics, while also modeling risk portfolios, providing premium quotes for related reinsurance coverage, and expediting the placement of ceded risks to the market.
About Vesttoo
Vesttoo connects the insurance industry and the capital markets by combining AI-powered technology with expertise in data science, insurance, and finance, so that insurers have the capital they need, and investors have opportunities to diversify with uncorrelated, low-volatility insurance-linked assets. Among the company’s partners are well-established global insurers, financial institutions, and large multinational brokers.
About Mouro Capital
Mouro Capital is a venture capital firm backing entrepreneurs who are shaping the future of financial services. With $400 million in assets under management, Mouro invests across the fintech value chain in early to growth stage start-ups across Europe, North America and Latin America. Mouro has invested in companies such as iZettle (acquired by PayPal), Kabbage (acquired by American Express), Creditas, Curve, Ripple, Tradeshift, Trulioo and Upgrade. For more information, visit: http://www.mourocapital.com
For more information, visit https://vesttoo.com.