Latú Seguros, a Brazilian-based business-focused insurtech, has received $6.7 million in a pre-seed round. With this round of funding, led by CRV and Monashees, the company will further develop its underwriting capacity and products alongside hiring more employees into their cyber and engineering teams. Founder Paola Neira said, “Real magic happens when combining the concept of a safety net, which is ultimately what insurance is at its core, with technology. We have an incredible opportunity to replace legacy policies with lifetime risk-mitigating partnerships, which work best to solve the needs for a fast-paced and hyper-connected world.”

Source: Fintech Global

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