Vesttoo provided an AI-powered alternative reinsurance and risk-transfer platform designed to help insurers access capital markets and structure insurance-linked investment products. Its technology enabled the modeling of insurance portfolios, automated deal structuring, index-calculation frameworks, and risk-management analytics for non-catastrophe insurance classes.
What Is Vesttoo and What Does It Do?
Vesttoo, founded in 2018 by Alon Lifshitz, Yaniv Bertele, and Ben Zickel, was an AI-powered insurance-risk transfer and capital-markets platform headquartered in Tel Aviv, Israel. The company specialized in structuring insurance-linked securities for non-catastrophe life and property & casualty portfolios, enabling insurers to access alternative capital while providing investors with insurance-linked yield opportunities.
With a team of 71 employees, Vesttoo developed data-science models, risk-analytics engines, and structuring tools used for pricing, arranging, and trading insurance-linked investment deals across global markets.
How Much Funding Has Vesttoo Raised?
1. Seed Round
- Amount Raised: $2M
- Lead Investors: SureTech
- Motivation: To expand early product development and risk-analytics capabilities.
2. Series A
- Amount Raised: $6M
- Lead Investors: Hanaco Ventures
- Motivation: To scale technology infrastructure and marketplace development.
3. Series B
- Amount Raised: $15M
- Lead Investors: Mouro Capital, MS&AD Ventures
- Motivation: To support international expansion and insurer-investor onboarding.
4. Series C
- Amount Raised: $80M
- Lead Investors: Mouro Capital, Gramercy, Black River Ventures, Hanaco Ventures
- Motivation: To accelerate deal-structuring automation and risk-transfer market growth.
Total Funding Raised: $103 Million
Current Valuation: $2 Billion (as of May 2023)
Latest Funding Date: October, 2022
Key Investors
1. Hanaco Ventures
- Details: Global venture capital firm backing high-growth technology and fintech platforms.
- Investment Focus Areas: Fintech, SaaS, marketplaces, enterprise software.
- Notable Investments: Via, Yotpo, Moovit.
2. Mouro Capital
- Details: Fintech-focused VC firm backed by Banco Santander, investing in financial-innovation platforms.
- Investment Focus Areas: Financial infrastructure, payments, capital markets.
- Notable Investments: Ripple, Upgrade, Curve.
3. Gramercy
- Details: Global investment manager specializing in emerging-markets credit and alternative investments.
- Investment Focus Areas: Structured finance, private credit, asset-backed investments.
- Notable Investments: StoneCo-linked funds, emerging-market credit portfolios.
4. Black River Ventures
- Details: Venture firm investing in technology-driven financial and enterprise companies.
- Investment Focus Areas: Fintech, AI platforms, enterprise SaaS.
- Notable Investments: SeatGeek, Riskified, Next Insurance.
5. MS&AD Ventures
- Details: Corporate venture arm of MS&AD Insurance Group, backing global insurtech innovation.
- Investment Focus Areas: Insurance technology, risk analytics, mobility, digital services.
- Notable Investments: Hippo, At-Bay, Next Insurance.
Where Is Vesttoo’s Headquarters?
Vesttoo was headquartered in Tel Aviv, Israel, a major global hub for fintech, AI, and insurance-technology innovation, offering access to advanced technical talent and institutional capital-market partners.
What’s Next for Vesttoo?
Although Vesttoo ultimately entered deadpool status, its technology contributed to innovations in AI-driven insurance-risk pricing, capital-market securitization, and alternative reinsurance structuring. The broader market opportunity for AI-enabled insurance-linked investment platforms continues to evolve, with lessons from Vesttoo shaping future approaches in risk governance, transparency, and capital-market integrations.
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