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Soter Insure secures Series B funding of undisclosed amount led by Galaxy Digital to scale its digital asset insurance solutions, with Coinbase Ventures and Franklin Templeton joining as new investors.
PRIVATEJul 29, 2026•11 days ago
Round Type
Series B
Investors
Brevan Howard DigitalFranklin TempletonCoinbase VenturesGalaxy Digital
Description
Soter Insure announced the first close of its Series B funding round, led by Galaxy Digital. New participants include Coinbase Ventures and Franklin Templeton, with follow-on support from Brevan Howard Digital and existing investors. This funding will help expand their insurance solutions tailored for the digital asset economy. A second close is expected soon with more strategic investors joining.
Funding Insights
Based on industry dataTimeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers