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