Vesttoo Raises $6 Million Series A Round Led By Hanaco Ventures

(Image source: Vesttoo website.)

Vesttoo, a Tel Aviv-based provider of an alternative reinsurance and investment platform, announces it has raised $6 million in a Series A funding round led by Hanaco Ventures (Tel Aviv/New York. Vesttoo reports that the round is part of Hanaco’s broader investment strategy in Vesttoo, aimed at further developing Vesttoo’s Insurance-Linked Program (ILP) offering, a security-based investment portfolio that the vendor describes as the world’s first fully digital marketplace for insurance-based alternative risk transfer and investments.

Yaniv Bertele, CEO, Vesttoo.

Vesttoo describes its ILP offering as a security-based investment portfolio based on

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