Tech Company Financing Transactions
Northern Re Funding Round
Northern Re closed a $75 million financing round on 11/28/2023. Backers included .
Transaction Overview
Company Name
Announced On
11/28/2023
Transaction Type
Venture Equity
Amount
$75,000,000
Round
Undisclosed
Investors
No investors have been recorded for this company.
Proceeds Purpose
The proceeds from the infusion will enable Northern Re to capitalize on favorable market conditions, providing the Company an opportunity to expand their partnerships behind leading insurance companies with a focusing on the high-frequency, low-severity casualty market.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
New York, NY Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
A modern reinsurance company with a focus on data-driven portfolios of property and casualty risk. Our thesis is built around combining deep industry ties, a sustainable capital structure and a partner-first approach to collateral. These elements enable us to deliver a more effective solution to the industry.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Anthony McKelvy
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We do our best to record all VC transactions involving tech companies. VC transactions on this site come from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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