Distributed Ventures Makes First Investment, Participates In Ascend's Series A Fundraise

Jan 27, 2022•over 3 years ago

Round Type

series a

Description

Distributed Ventures, a Seed to Series B venture capital firm, made its initial investment by participating in Ascend's $30Mil Series A fundraise. The investment by Distributed Ventures, whose anchor limited partner is NFP, a leading global insurance broker, along with other strategic and carrier LPs, aligns with the fund's focus on investing in companies that are transforming the future of risk across insurtech, fintech, and health and benefits.

Company Information

Company

Distributed Ventures

About

Distributed Ventures is a Seed to Series B focused fund that invests in entrepreneurs as they transform the future of risk across Fintech, Insurtech, and Digital Health and Benefits. As former founders, investors, and operators, the Distributed Ventures team provides deep subject matter and early-stage operational expertise to help companies find success from day one. Distributed Ventures was born out of NFP Ventures with the goal of helping entrepreneurs demonstrate product-market fit and accelerate commercial traction via diverse distribution channels. For more information, visit distributedvc.com.