VESTTOO
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.
VESTTOO
Industry:
Asset Management Finance FinTech Insurance InsurTech
Founded:
2018-01-01
Address:
Tel Aviv, Tel Aviv, Israel
Country:
Israel
Website Url:
http://www.vesttoo.com
Total Employee:
51+
Status:
Active
Contact:
+4917686584386
Email Addresses:
[email protected]
Total Funding:
110 M USD
Technology used in webpage:
IPhone / Mobile Compatible Viewport Meta Apple Mobile Web Clips Icon Google Font API LetsEncrypt Amazon SSL By Default Nginx Pound Sterling Apple Mobile Web App Capable
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Current Advisors List
Current Employees Featured
Founder
Investors List
Goldman Sachs
Goldman Sachs investment in Series C - Vesttoo
bulge-bracket investment bank
bulge-bracket investment bank investment in Series C - Vesttoo
Mouro Capital
Mouro Capital investment in Series C - Vesttoo
Hanaco Venture Capital
Hanaco Venture Capital investment in Series C - Vesttoo
Black River Ventures
Black River Ventures investment in Series C - Vesttoo
Mouro Capital
Mouro Capital investment in Series B - Vesttoo
MS&AD Ventures
MS&AD Ventures investment in Series B - Vesttoo
Hanaco Venture Capital
Hanaco Venture Capital investment in Series A - Vesttoo
SureTech Investments
SureTech Investments investment in Seed Round - Vesttoo
Longevitytech.fund
Longevitytech.fund investment in Seed Round - Vesttoo
Key Employee Changes
More informations about "Vesttoo"
Vesttoo - Crunchbase Company Profile & Funding
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 …See details»
Vesttoo Company Profile 2024: Valuation, Funding & Investors
Developer of a risk-hedging and alternative reinsurance marketplace intended to fuse the insurance and capital markets.See details»
Vesttoo Company Profile - Office Locations, Competitors ... - Craft
Vesttoo is a marketplace for non-CAT insurance-based risk transfer and investments. It provides insurance-linked investments to asset managers while enhancing liquidity in the life and P&C …See details»
Israeli AI Startup Vesttoo Sparks a Global Insurance …
Vesttoo’s platform acts as a kind of dating service connecting insurers, brokers and big investors. Problems emerged when a policyholder made a substantial intellectual-property claim. The...See details»
Vesttoo - Funding, Financials, Valuation & Investors - Crunchbase
Vesttoo is a marketplace for non-catastrophe insurance-based risk transfer and investments.See details»
Vesttoo - Org Chart, Teams, Culture & Jobs - The Org
View Vesttoo's up-to-date org chart, open roles, and culture details. Find executives, board members, teams, related companies, and more.See details»
Insurance Startup Vesttoo Intends to Liquidate in Bankruptcy
Nov 8, 2023 · Bankrupt Israeli insurance startup Vesttoo Ltd. — just weeks after saying some of its former executives were involved in alleged fraud — announced it will liquidate in Chapter …See details»
Vesttoo - Contacts, Employees, Board Members, Advisors & Alumni
Vesttoo has 1 board member or advisor, Julia Henderson. Vesttoo is a marketplace for non-catastrophe insurance-based risk transfer and investments.See details»
Vesttoo valuation more than triples to $1 billion after latest funding
Oct 25, 2022 · Vesttoo Ltd said on Tuesday its valuation has more than tripled to $1 billion after the insurance risk transfer platform secured $80 million in late-stage funding at a difficult time …See details»
VESTTOO CLOSES $80 MILLION SERIES C FINANCING …
Oct 25, 2022 · Vesttoo is proud to announce its Series C co-led by Mouro Capital and a global private equity fund, with participation from a bulge-bracket investment bank, Gramercy Ventures, Black River...See details»
Vesttoo Raises $6 Million Series A Round Promoting …
Aug 9, 2021 · Hanaco Ventures joins Vesttoo through an equity investment of $6 Million USD, leading Vesttoo's Series A round aimed at further promoting the company's multi-billion security-based investment...See details»
Fintech Vesttoo seeks Chapter 11 bankruptcy protection
LONDON, Aug 14 (Reuters) - Israel-based fintech Vesttoo is seeking Chapter 11 bankruptcy protection in a U.S. court which will enable it to pursue legal action against those responsible …See details»
Corinthian agrees investor terms to replace Vesttoo LOC-linked ...
Aug 1, 2023 · Corinthian Group, the specialty non-catastrophe focused collateralized P&C reinsurance firm, has told its partners that it has agreed to terms on an up to $200 million …See details»
Vesttoo Gets $197 Million for Settlement Pay Outs from Aon
Feb 4, 2024 · Aon, a major brokering firm, acknowledged that it needed to pay out $197 million to cover settlements related to civil suits leveled against the troubled Israeli insurtech startup …See details»
Vesttoo: A fraud waiting to happen… - The Insurer
Sep 11, 2023 · Vesttoo: A fraud waiting to happen… The Monte Carlo Rendez-Vous is the first major international (re)insurance event to take place since the Vesttoo scandal first emerged …See details»
Fintech unicorn Vesttoo faces alleged billion-dollar fraud scandal
Jul 17, 2023 · Fraud amounting to billions of dollars has allegedly been uncovered at Israeli unicorn Vesttoo over the past week. Vesttoo has developed a digital platform for assessing …See details»
Insurance Startup Vesttoo Goes Bankrupt After Asset Freeze (1)
Aug 15, 2023 · Israeli insurance startup Vesttoo Ltd. filed bankruptcy after an Aon Plc subsidiary accused the company of presenting fraudulent letters of credit and a federal judge froze its …See details»
Vesttoo assets for liquidation said below $25m. Creditor focus may ...
Nov 22, 2023 · We’re told that the sum total of assets and so value that could be distributed in Vesttoo’s pending liquidation under the bankruptcy proceedings, is estimated to be below $25 …See details»
Over $4.8bn in claims levelled against Vesttoo entities by …
Dec 18, 2023 · It appears that, in aggregate, creditors to the bankruptcy of forged reinsurance letter of credit (LOC) linked insurtech Vesttoo have filed over $4.8 billion in claims against the …See details»
Vesttoo confirms investigation and exits after report of alleged ...
Jul 18, 2023 · Vesttoo has confirmed an internal investigation has uncovered “inconsistencies between an investor and a cedant” in transactions it was involved in and acknowledged ...See details»