# Diesta

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/diesta

- Industry: Software
- Headquarters: East Sussex, UK
- Website: www.diesta.co.uk
- Total disclosed funding: $5.8M
- Latest round: Seed (Sep 30, 2024)
- Investors on record: 7

## About

Based in the UK, and founded in 2022, Diesta Limited operates as a developer of a payment platform for insurance premium payments. The firm was co-founded by Julian Schoemig (CEO) and Chris Davis (CTO). In October 2024, Diesta Limited raised USD 3.8 million in seed funding led by new investor FinTech Collective, with participation from returning investors Restive Ventures and SixThirty. New investor Commerce Ventures also participated in the round.

The company offers a payment software platform that automates reconciliation and distribution for insurance payment processing. It streamlines the premium payment and converts premium payment into a business accelerator.

The company plans to use the October 2024 funding to support the development of its product.

## Funding rounds

- Seed, Sep 30, 2024, $3.9M — Commerce Ventures, SixThirty, FinTech Collective, Restive Ventures
- Seed, Apr 6, 2023, $1.9M — SixThirty, Antler, Westerly Ventures, Restive Ventures, Systema Nova Ltd

## Investors

- SixThirty (https://capitalatlas.ai/funds/sixthirty) — Seed
- Antler (https://capitalatlas.ai/funds/antler) — Seed
- Westerly Ventures — Seed
- Restive Ventures (https://capitalatlas.ai/funds/restive-ventures) — Seed
- Systema Nova Ltd — Seed
- Commerce Ventures (https://capitalatlas.ai/funds/commerce-ventures) — Seed
- FinTech Collective (https://capitalatlas.ai/funds/fintech-collective) — Seed