SOSTENGO raised $3.8M in seed funding led by PeopleFund for expanding innovative insurance solutions across Latin America and into the U.S. Hispanic market.
Amount Raised
$3.8 Million
Round Type
Seed
MiamiInsurtechInsuranceInvestors
Description
SOSTENGO has secured $3.8 million in seed funding to expand its innovative insurance solutions across Latin America and enter the U.S. Hispanic market. The funding, led by venture capital firm PeopleFund, also includes an additional $1 million for U.S. market expansion and a joint venture operation in Guatemala.
Quick answer
SOSTENGO raised $3.8 Million in a Seed round, dated March 5, 2024. Investors: People Fund. SOSTENGO is based in Miami, Florida, United States.
- How much did SOSTENGO raise?
- SOSTENGO raised $3.8 Million in a Seed round on March 5, 2024.
- Who invested in SOSTENGO?
- People Fund is named as investors in this round.
- What does SOSTENGO do?
- A trailblazer in the Central American insurtech sector, SOSTENGO offers customizable, affordable, and user-centric insurance tailored to individual needs, reshaping the landscape of insurance coverage in underserved..
- Where is SOSTENGO based and how big is it?
- SOSTENGO is based in Miami, Florida, United States.
- Who are the decision-makers at SOSTENGO?
- Fundz holds 1 contact at SOSTENGO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Insurtech and Insurance around the same time
Companies in the same sectors as SOSTENGO that raised within 45 days of this round, from Fundz verified event records.
- Embea raised $4.3M (Seed) on March 1, 2024.
- Coverdash raised $14M (Series A) on February 28, 2024.
- CLARA Analytics raised $64M (Funding Round) on February 21, 2024.
- Embea raised $4.3M (Seed) on February 20, 2024.
- Amplify raised $16M on February 13, 2024.
- Ansel Health raised $20M (Funding Round) on January 23, 2024.
Who to call at SOSTENGO, and when
A new round usually means SOSTENGO is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day SOSTENGO raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at SOSTENGO, from your own LinkedIn network
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Related People
SOSTENGO 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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