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Soter Insure raised an undisclosed amount in a Series A funding led by Galaxy to expand its specialized insurance products for the digital asset economy.

PRIVATEFeb 13, 2025

Round Type

Series A

Abu DhabiFinancial ServicesInsurance

Investors

Brevan Howard DigitalKaratageToken BayPharsalusGalaxy

Description

Soter Insure, based in Abu Dhabi, UAE, closed its Series A funding round to support company expansion. The investment will enhance its underwriting and technology teams to scale operations across key markets.

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

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

  • Meanwhile raised $45M on March 12, 2025.
  • Pacific Life raised $4.7M (Seed) on March 1, 2025.
  • Pacific Life raised $1.1M (Seed) on March 1, 2025.
  • Pacific Life raised $1.1M (Seed) on March 1, 2025.
  • Presurance Holdings, Inc. raised $5M on February 27, 2025.
  • Adaptive Insurance raised $5M (Seed) on February 25, 2025.

Who to call at Soter Insure, and when

A new round usually means Soter Insure is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Soter Insure raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Soter Insure, from your own LinkedIn network

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Company Information

Company

Soter Insure

Location

Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates

About

Soter Insure is an Abu Dhabi-based provider of specialized insurance products tailored to the digital asset economy. The company offers digital asset insurance products for financial institutions, including coverage for Asset Loss, Directors & Officers (D&O), and Smart Contract Failure. It focuses on servicing the unique needs of the digital asset market and is supported by multiple investment partners. Soter Insure operates out of various locations including Bermuda, London, New York, and Dubai.

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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

Soter Insure 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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