Tech Company Financing Transactions
Sproutt Funding Round
MoreTech Ventures, Alpha Wave Ventures and Harel Insurance participated in a $26 million Series B funding round for Sproutt. The funding round closed on 9/15/2021.
Transaction Overview
Company Name
Announced On
9/15/2021
Transaction Type
Venture Equity
Amount
$26,000,000
Round
Series B
Investors
MoreTech Ventures (Lead Investor) (Sam Bernstein)
Harel Insurance (Tomer Goldberg)
Proceeds Purpose
The funds will be used to further bring Sproutt's health-incentivizing instant-issue life insurance policies direct to customers and agents.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
205 Hudson St. 7th floor
New York, NY 10013
USA
New York, NY 10013
USA
Phone
Website
Email Address
Overview
We are a new kind of life insurance company. One that celebrates life, or to be more precise, celebrates quality life. We believe that life is a gift and as much as we want to squeeze adventure from every second, we want there to be as many seconds / minutes / hours / days / years and that they will be quality ones.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Yoav Shaham
Chief Technical Officer
Itai Brickner
President
Assaf Henkin
VP - R & D
Adi Elimelech
VP - Sales
Michael Schwed
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Prev: 9/15/2021: Ribbon venture capital transaction
Next: 9/15/2021: Vanqua Bio venture capital transaction
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Where The Data Comes From
We do our best to report on every notable VC transaction. All VC database entries reported here come from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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