Vesttoo

Indonesia
Kador, Riau, Indonesia, 6688125

Company profile

Vesttoo company profile

Vesttoo is the world’s first marketplace for non-catastrophe insurance-based risk transfer and investments. Our proprietary AI-based technology facilitates risk transfer between insurance companies and institutional investors, providing insurance-linked investments to asset managers of all types, while enhancing risk transfer and liquidity in the Life and P&C insurance markets. Our platform facilitates risk transfer to the capital markets with a faster time to market, providing insurers with an affordable, accurate alternative or supplement to traditional reinsurance with unlimited capacity from the capital markets, while we offer asset managers a variety of risk remote, uncorrelated investment options that generate sustainable alpha from a catered variety of insurance and reinsurance premiums. We collaborate with leaders in the field to build alternative reinsurance transactions covering a variety of Life and P&C insurance risks in transparent, data-driven alternative reinsurance and retrocession deals - run-off or treaty, parametric or portfolio-specific, standalone or on top of existing reinsurance towers. Our proprietary AI-based Machine Learning models have been developed independently, accepted by regulators, and externally audited by leaders in the field. Vesttoo was selected to participate in IBM Alpha Zone, Citigroup Accelerator, Plug and Play and Fintech Innovation Lab – all prestigious fintech accelerators, and most recently NVIDIA's inception program. Our management team has a diversified professional experience in global business development, investments, technology/systems/algorithms, financial engineering, reinsurance, credit rating and management Additional team members include: data scientists, financial engineers, actuaries, product managers, project managers, business development, strategy and marketing professionals.

Business identity

Contact email
[email protected]
Phone number
+4917686584386
Operating status
Closed
Company type
For Profit
Employee range
51-100 employees
Revenue range
$1M-$10M
Founded
2018-01-01, Year

Headquarters

Postal code
6688125
Country code
ID
Continent
Asia

Capital profile

Funding and company signals

Funding stage
Late Stage Venture
Funding rounds
7
Total equity funding
$103M
Last funding
Series C / $80M / 2022-10-25
Last equity funding
Series C / $80M
Investors
11
Lead investors
6
Founders
3
Articles
73
Closed on
2023-08-15

Founders and investors

Founders

Alon LifshitzBen ZickelYaniv Bertele

Lead investors

bulge-bracket investment bankHanaco Venture CapitalLongevitytech.fundMouro CapitalMS&AD VenturesSureTech Investments

Investors

Goldman SachsHanaco Venture CapitalLongevitytech.fundMouro CapitalPlug and Play