Tech Company Financing Transactions
Planck Re Funding Round
Planck Re, operating out of New York, secured $16 million from Team8, Arbor Ventures and Eight Roads.
Transaction Overview
Company Name
Announced On
6/11/2020
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Series B
Investors
Proceeds Purpose
The funding will enables commercial insurers to increase written premiums while reducing expense and loss ratios.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
555 Madison Ave. 5th floor
New York, NY 10022
USA
New York, NY 10022
USA
Phone
Website
Email Address
Overview
Planck Re empowers insurance companies with a commercial insurance data platform. Leveraging deep industry expertise and breakthrough data science, it generates insights that streamline the commercial underwriting process -- enabling insurance carriers to instantly and accurately underwrite any policy.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Elad Tsur
Chief Financial Officer
Amir Harel
Chief Technical Officer
Amir Cohen
Co-Founder
David Schapiro
General Manager
Leandro DalleMule
VP - Human Resources
Rinat Paperny
VP - Marketing
Omri Yacubovich
VP - R & D
Avi Etzioni
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