Founded in 2018 and headquartered in Tel Aviv, Vesttoo built an alternative reinsurance and risk-transfer marketplace that connects insurance portfolios with institutional capital. Its technology suite includes data-science models, automated deal-structuring tools, index-calculation frameworks, and risk-management analytics that price and package insurance-linked securities. The company focused on non-catastrophe lines, giving insurers capital-market capacity while offering investors uncorrelated yield opportunities. Vesttoo employed 71 people and, by May 2023, was valued at approximately $2 billion after raising $103 million in equity funding. The most recent capital came in an $80 million Series C round completed in October 2022. Although the firm has since fallen into deadpool status, its platform demonstrated the potential of AI-driven insurance securitization. Lessons from its technology and governance continue to influence emerging risk-transfer solutions.

Total raised

$101M

Funding rounds

3

Latest round

Series C

Latest activity

Oct 2022