Fundz

Qubit Underwriting completes Pre-Series A fundraising led by Kwee Liong Tek to fuel expansion and research in digital asset insurance

PRIVATEApr 10, 2024

Round Type

Pre-Series A

Insurance

Investors

Kwee Liong Tek

Description

Qubit Underwriting, a Managing General Agent (MGA) specializing in digital asset insurance, has successfully completed its Pre-Series A fundraising. The raised funds will help to fuel Qubit’s expansion efforts to reach global markets and bolster research and development initiatives, particularly in harnessing artificial intelligence for underwriting.

Quick answer

Qubit Underwriting raised an undisclosed amount in a Pre-Series A round, dated April 10, 2024. Investors: Kwee Liong Tek.

How much did Qubit Underwriting raise?
Qubit Underwriting raised an undisclosed amount in a Pre-Series A round on April 10, 2024.
Who invested in Qubit Underwriting?
Kwee Liong Tek is named as investors in this round.
What does Qubit Underwriting do?
A leading underwriter in the digital asset space, Qubit offers Insurance Products by S&P A rated insurers.
Who are the decision-makers at Qubit Underwriting?
Fundz holds 1 contact at Qubit Underwriting. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Insurance around the same time

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

  • Wanderwell Ventures PBC raised $50K (Pre-Seed) on May 23, 2024.
  • Cover Whale raised $28M (Series A) on May 22, 2024.
  • Lassie raised $25M (Series B) on May 21, 2024.
  • Green Shield Holdings raised $6M on May 20, 2024.
  • Bamboo raised $15M (Series A) on May 18, 2024.
  • Cover Whale raised $12M on May 17, 2024.

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Company Information

Company

Qubit Underwriting

About

A leading underwriter in the digital asset space, Qubit offers Insurance Products by S&P A rated insurers. We strive to combine our expertise in both blockchain technology and insurance to provide customized insurance solutions for the Web3 ecosystem. Currently we offer to institutional clients digital asset custodial insurance (including both Specie and Crime) that covers operational risks of digital asset wallet insurance, as well as corporate liability insurance (including Directors & Officers Liability).

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

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