Luzern Risk has secured US$12 million in Series A funding from Caffeinated Capital to support its mission of digitising captive insurance. This funding will help Luzern Risk lower barriers for middle-market firms in managing their insurance costs.
Apr 09, 2025•4 months ago
Amount Raised
$12 Million
Round Type
series a
Investors
Caffeinated Capital
Description
XN Captive has rebranded as Luzern Risk and secured US$12 million in Series A funding from Caffeinated Capital. The company aims to digitise captive insurance for the underserved middle market through its innovative platform. Luzern Risk offers the first 'fully integrated digital captive solution' to assist businesses in controlling their risk and insurance performance. CEO Gabriel Weiss highlights that the platform represents a new approach to insurance ownership for more companies.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech