Tech Company Financing Transactions
Capitola Funding Round
Capitola, based in Tel Aviv-Yafo, received $15.6 million in funding from Munich Re/ HSB Ventures and Lightspeed Venture Partners.
Transaction Overview
Company Name
Announced On
4/17/2023
Transaction Type
Venture Equity
Amount
$15,600,000
Round
Series A
Investors
Munich Re/ HSB Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate the growth of its platform with a focus on its market intelligence capabilities and to accelerate sales in the U.S.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
Derech Menachem Begin 150
Tel Aviv-Yafo, Undisclosed
IL
Tel Aviv-Yafo, Undisclosed
IL
Phone
Undisclosed
Website
Email Address
Overview
We firmly believe that resilient corporations are one of the main pillars of a prosperous society, and that in times of peril, they rely on insurance to ensure their longevity. Unlike small businesses, the insurance needs of medium and large corporations are complex and require expertise that is provided by an indispensable community of commercial insurance professionals. Capitola was founded with a clear vision in mind: build the technology that empowers insurance professionals to broker better. We believe that humans are a critical part of the insurance industry, but they lack the tools that enable them to focus on what they do best - provide exceptional client service and coverages.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sivan Iram
Chief Technical Officer
Naor Rosenberg
Co-Founder
Amit Nathan
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