Tech Company Financing Transactions
INSTANDA Funding Round
On 6/20/2022, INSTANDA raised $45 million in investment from Toscafund Asset Management and Dale Ventures.
Transaction Overview
Company Name
Announced On
6/20/2022
Transaction Type
Venture Equity
Amount
$45,000,000
Round
Undisclosed
Investors
Toscafund Asset Management (Lead Investor) (Fabrizio Cesario)
Proceeds Purpose
The funds will be used to enhance the platform's capabilities, with a focus on billing, claims and product accelerators, especially for the US and Canadian markets.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
70 Gracechurch St.
London, EC3V 0HR
UK
London, EC3V 0HR
UK
Phone
Website
Email Address
Overview
INSTANDA's beginning is much like many other technology breakthrough -- born from a frustration of how legacy systems were holding back insurance productivity. Its founders knew there had to be a better way.
Management Team
Title
Name
Email & Social
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We report on every notable VC transaction. VC transactions reported here are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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