Tech Company Financing Transactions
Arbol Funding Round
Giant Ventures, Opera Tech Ventures and Mubadala participated in a $60 million Series B venture round for Arbol. The round was recorded on 4/30/2024.
Transaction Overview
Company Name
Announced On
4/30/2024
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds for global expansion and investment in property and casualty (P&C) and home insurance business lines in the U.S. and internationally.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
445 Park Ave. 931
New York, NY 10022
USA
New York, NY 10022
USA
Phone
Website
Email Address
Overview
Arbol is an InsurTech platform for parametric products that pay quickly and fairly covering external risks such as unexpected weather. Arbol uses Big Data, machine learning, and smart contracts to bring transparency and efficiency to the weather risk market.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Siddhartha Jha
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Where The Data Comes From
Our team works diligently to record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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