Ding ding ding! Vesttoo is your latest insurtech unicorn! Mouro Capital led a Series C round worth $80 million which has garnered the company a valuation of $1 billion and means that the insurtech is yet another unicorn to come out of Israel’s scene of almost relentless innovation. CEO Yaniv Bertele said, “Our clients and equity partners understand the Vesttoo vision and the opportunity we provide. In a time rife with uncertainty, Vesttoo is showing resilience, financial strength and profitability, thanks to our compelling value proposition. Our AI-based marketplace is set to propel the insurance industry forward by better connecting risk to capital sourced from global investors.”

Source: PR Newswire

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