Stere has backed up their $2 million funding round from the end of 2021 with another raise, this time getting $5 million in a round led by Vida Capital. Speaking about the new investment and the opportunities it presents, Stere CEO and Founder Dogan Kaleli, said, “Vida Capital brings a tremendous amount of expertise in reinsurance, ILS, and structured solutions, which supports Stere’s vision of building a trading forum of all kinds of capacity in a one-stop-shop. Vida’s funding will fuel further expansion of our trading platform, allowing us to continue creating the smart tech-driven solutions that our stakeholders have come to rely on to help support and grow their businesses.”

Source: Insurtech Digital

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