# CatX Global

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/catx-global

- Industry: Software
- Headquarters: Dover, US
- Website: www.catxre.com
- Total disclosed funding: $2.7M
- Latest round: Seed (Nov 23, 2023)
- Investors on record: 1

## About

Based in Delaware, US, and founded in 2023 by CEO Benedict Altier and CTO Lucas Schneider, CatX Global, Inc., a.k.a. CatX operates as a provider of a platform to facilitate the flow of alternative capital into the insurance sector. In November 2023, CatX Global, Inc. raised USD 2.7 million in seed funding from Hack VC.

The company provides a digital marketplace that offers access to investors outside of traditional reinsurance players and streamlines transactions with standardized paper and insights. The marketplace also features advanced risk models to generate actionable investment insights and make the whole investment process simple by digitizing the workflow and utilizing AI tools to shorten contract negotiations. In addition, the marketplace also offers a trading engine to trade directly via an order book without the need for bids wanted in competition (BWIC).

The company plans to use its proceeds from November 2023 funding to enhance its product and bridge the gap between supply and demand in the reinsurance industry.

## Funding rounds

- Seed, Nov 23, 2023, $2.7M — Hack VC

## Investors

- Hack VC (https://capitalatlas.ai/funds/hack-vc) — Seed