# Vesttoo

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

- Industry: Insurance
- Headquarters: Tel Aviv-Yafo, Israel
- Website: www.vesttoo.com
- Total disclosed funding: $101M
- Latest round: Series C (Oct 25, 2022)
- Investors on record: 6

## About

Based in Tel Aviv, Israel, and founded in 2018, Vesttoo operates as a provider of a risk management solution that enables the insurer to have protection against the increased liabilities. The company was co-founded by Alon Lifshitz, Ben Zickel, and Yaniv Bertele and is backed by investors including Hanaco Ventures which led a USD 6 million Series A funding round in August 2021. 

Vesttoo specializes in risk modeling and alternative risk transfer for the Life and P&C insurance markets, providing insurers with a low-cost strategic risk management solution for immediate capital relief, value enhancement, and liability hedging. It uses artificial intelligence algorithms that automates and streamlines risk modeling, indemnity index calculation, optimized pricing and bond structuring, asset valuation, and accessible alternative risk transfer solution.

Vesttoo plans to further develop its Insurance-Linked Program (ILP) offering, an innovative security-based investment portfolio as well as its fully digital marketplace for insurance-based alternative risk transfer and investments.

## Funding rounds

- Series C, Oct 25, 2022, $80M — Goldman Sachs Asset Management, Black River Ventures, Mouro Capital, Hanaco Venture Capital, Gramercy Ventures
- Series B, Nov 21, 2021, $15M — Mouro Capital, MS&AD Ventures
- Series A, Aug 9, 2021, $6M — Hanaco Venture Capital

## Investors

- Hanaco Venture Capital (https://capitalatlas.ai/funds/hanaco-venture-capital) — Series A, Series C
- Mouro Capital (https://capitalatlas.ai/funds/mouro-capital) — Series B, Series C
- MS&AD Ventures (https://capitalatlas.ai/funds/ms-ad-ventures) — Series B
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series C
- Black River Ventures (https://capitalatlas.ai/funds/black-river-ventures) — Series C
- Gramercy Ventures (https://capitalatlas.ai/funds/gramercy-ventures) — Series C