Supercede raises $15m in a Series A funding round led by Alven with Mundi Ventures and other existing investors

Jun 27, 2024•over 1 year ago

Amount Raised

$15 Million

Round Type

series a

LondonRisk ManagementSaasFinancial ServicesSoftware

Investors

Afg PartnersMmc VenturesSeedcampOutwardMundi VenturesAlven

Description

Supercede, a reinsurance tech firm, has completed a $15 million Series A funding round, led by Alven with contributions from Mundi Ventures along with an existing investor roster that included Outward, Seedcamp, MMC Ventures, and AFG Partners. The funds will be used to advance its mission to transform the reinsurance sector through next-generation technology and to expand its team by attracting top-tier talent to enhance platform development and implementation.

Company Information

Company

Supercede

Location

London, England, United Kingdom

About

Supercede revolutionises the reinsurance value chain by offering cedents streamlined data preparation, brokers a consolidated deal management platform, and reinsurers access to qualified deals. With powerful analytics, global marketplace access, and seamless, secure collaboration, it enables more accurate risk assessments, better placements, and efficient deal executions for all parties. Supercede ensures reinsurance is efficient, transparent, and highly connected. Supercede is an independent reinsurance technology company that supports, rather than disintermediates, the traditional tripartite value chain. We offer a digital ecosystem for all reinsurance industry stakeholders to let them show what they can really do, unhindered by the burden of manual admin.

Related People

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Funding Insights

Based on industry data

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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