Fundz

Akad Seguros raised $22.5M in Series A funding led by Valor Capital Group with participation from Across, Endeavor Scale-Up Ventures, Endeavor Catalyst, and Actyus. The funding will be used to expand operations and development efforts.

PRIVATEApr 12, 2024

Amount Raised

$22.5 Million

Round Type

Series A

Sao PauloFinancial ServicesLendingInsurance

Investors

ActyusEndeavor CatalystEndeavor Scale Up VenturesAcrossValor Capital Group

Description

Akad Seguros, a digital insurance company based in São Paulo, Brazil, has successfully raised $22.5M in Series A funding. The round was led by Valor Capital Group with participation from several other investor groups. The funding will be utilized to expand operations and development efforts.

Who else raised in Financial Services and Lending around the same time

Companies in the same sectors as Akad Seguros that raised within 45 days of this round, from Fundz verified event records.

  • CBi Group raised $15M (Series A) on May 23, 2024.
  • Cover Whale raised $28M (Series A) on May 22, 2024.
  • Cover Whale raised $12M on May 17, 2024.
  • Tulyp raised $1.6M (Seed) on May 17, 2024.
  • ekko raised $2.5M (Seed) on May 16, 2024.
  • Cover Genius raised $80M (Series E) on May 15, 2024.

Who to call at Akad Seguros, and when

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Company Information

Company

Akad Seguros

Location

Sao Paulo, Sao Paulo, Brazil

About

Akad is a digital insurance company based in São Paulo, Brazil. It operates with property risks and financial lines, offering protection for cyclists and service providers.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Akad Seguros raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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