
Vesttoo Stock
Vesttoo is a marketplace for non-catastrophe insurance-based risk transfer and investments.
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About Vesttoo Stock
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.
Investors
Funding History
April 2021 | $2.0M |
---|---|
August 2021 | $6.0M |
November 2021 | $15.0M |
October 2022 | $80.0M |
Management
Chief Financial Officer
Gaurav Wadhwa
Vice President, Insurance Markets (U.S.)
Dan Dijak
Chief Commercial Officer
Julia Henderson
Member Of The Board Of Advisors
Julia Henderson
Co-Founder and CTO
Ben Zickel
Co-Founder & CPO
Alon Lifshitz
Co-Founder & CEO
Yaniv Bertele
General Manager, Japan
Kunihiko Iinuma
Press
coverager - Nov, 3 2023
Vesttoo seeks to sell companystartupstumbles - Oct, 27 2023
Inside the Vesttoo Fraud (The Madoff of Insurance)wsj - Oct, 26 2023
Firm Retention Summary: Vesttoodig-in - Oct, 25 2023
Vesttoo creditors say bankrupt Israeli insurance startup should liquidatecoverager - Sep, 21 2023
Court approves seizure of $30 million in assets from Vesttoo co-founders & execswsj - Sep, 11 2023
Bankrupt AI Startup Vesttoo Accuses Founders of Forgery, Impersonationcoverager - Sep, 10 2023
Vesttoo identifies fraud participantsfintech - Sep, 1 2023
Markel joins Vesttoo bankruptcy case over $127.75m fraudulent LOCsprnewswire - Aug, 31 2023
Markel Bermuda Limited appointed to Vesttoo Ltd. creditors committee and discloses matter regarding fraudulent letters of creditfintech - Aug, 18 2023
Vesttoo confirms source of LOC fraud is external amid crisisdig-in - Aug, 18 2023
Israeli insurance startup Vesttoo goes bankrupt after asset freezecoverager - Aug, 18 2023
Vesttoo files for Chapter 11fintech - Aug, 17 2023
Vesttoo files for bankruptcy protection amidst fraud scandalsaltwire - Aug, 17 2023
Fintech Vesttoo seeks Chapter 11 bankruptcy protectionfintech - Aug, 10 2023
Vesttoo announce interim CEO amidst fraud scandal, liquidate collateralised insurermarketscreener - Aug, 1 2023
Fintech Vesttoo to slash jobs after fake collateral scandaljewishbusinessnews - Jul, 26 2023
Vesttoo Fraud Could Be Worth as Much as $4 Billioncoverager - Jul, 25 2023
Continued departures from Vesttoocoverager - Jul, 20 2023
MS&AD-backed Vesttoo is in hot wateren - Jul, 19 2023
Vesttoo probe focuses on customersen - Jul, 18 2023
Israeli insurtech co Vesttoo probed for fraudjewishbusinessnews - May, 11 2023
Vesttoo Insuretech Startup Hits $2 Billion Valuationffnews - Feb, 22 2023
Vesttoo Appoints Capital Markets Executive Thomas Rose as Head of North American Capital Marketsnews - Nov, 9 2022
Meet The New Unicorns Minted In October 2022jewishbusinessnews - Oct, 28 2022
Vesttoo Insurtech Startup Makes Unicornfinsmes - Oct, 26 2022
Vesttoo Closes $80M in Series C Funding; Valued at USD1 Billionbit - Oct, 26 2022
Vesttoo joins unicorn club with $80m raisereuters - Oct, 25 2022
Vesttoo valuation more than triples to $1 billion after latest fundingift - Oct, 25 2022
Israeli insurtech co Vesttoo raises $80m at $1b valuationprnewswire - Sep, 15 2022
Vesttoo Appoints Reinsurance and ILS Expert Julia Henderson as Its Chief Commercial Officerprnewswire - Sep, 13 2022
Vesttoo Appoints Reinsurance and ILS Expert Julia Henderson as Its Chief Commercial Officerbit - Aug, 25 2022
Vesttoo, Clear Blue Insurance link in $1bn partnershipcoverager - Aug, 24 2022
Vesttoo partners with Clear Blueprnewswire - Aug, 22 2022
Vesttoo and Clear Blue Announce a $1 Billion Partnershipprnewswire - Aug, 2 2022
Vesttoo Hires Kunihiko Iinuma, Former Vice Chairman of RGA Japan and SBI Insurance Holdings, as General Manager of Vesttoo Japanprnewswire - Jul, 7 2022
Vesttoo Announces its Capital Market Team in EMEAprnewswire - Jun, 22 2022
Vesttoo Hires ILS Industry Veteran Stefano Sola to Head its Global Capital Markets Teamzpr - May, 17 2022
Vesttoo Appoints Insurance and Banking Executive Gaurav Wadhwa as Chief Financial Officerift - Jan, 3 2022
Sure-Tech sells half its Vesttoo holdings for $7mprnewswire - Dec, 24 2021
Growth Investment Expert Raluca Ragab Appointed to Vesttoo Advisory Boardfinsmes - Nov, 30 2021
Vesttoo Raises $15M in Series B Fundingzpr - Nov, 26 2021
Mouro Capital Leads Vesttoo’s $15m Series B Round With Participation From MS&AD Venturesbit - Nov, 26 2021
Mouro invests in Vesttoo’s tech-driven approach to reinsurancecoverager - Nov, 22 2021
Vesttoo raises $15 millionprnewswire - Nov, 4 2021
Vesttoo Names Expert Insurance Analyst Robert Hauff as Portfolio Managerprnewswire - Oct, 28 2021
Vesttoo Appoints Jacques Aigrain, Former CEO of Swiss Re, as Chairman of the Advisory Boardfinsmes - Aug, 11 2021
Vesttoo Raises $6M in Series A Fundingsaasindustry - Aug, 10 2021
Vesttoo raises $6M in Series A from Hanaco Venturesjewishbusinessnews - Aug, 8 2021
Israeli Insurance Tech Co Vesttoo Raises $6 Millionift - Aug, 8 2021
Sure-Tech reports 80% rise in Vesttoo valuationaithority - Feb, 10 2021
Plug and Play, One of the Most Active VCs in Silicon Valley, Invests in Vesttooneurons - Jan, 8 2021
Vesttoo gets investment from longevity focused fundcalcalistech - Nov, 9 2020
Citi Accelerator TLV announces companies taking part in 10th cohortprnewswire - Nov, 9 2020
Vesttoo Announce Participation in IBM Alpha Zone Acceleratorprnewswire - Nov, 9 2020
Citigroup selects Vesttoo to participate in a prestigious programaithority - Nov, 9 2020
Citigroup Selects Vesttoo to Participate in a Prestigious Programaithority - Nov, 6 2020
Vesttoo Announce Participation in IBM Alpha Zone AcceleratorEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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