Fundz

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

PRIVATEJun 27, 2024

Amount Raised

$15 Million

Round Type

Series A

LondonFinancial ServicesSoftwareRisk ManagementSaaS

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.

Quick answer

Supercede raised $15 Million in a Series A round, dated June 27, 2024. Investors: AFG Partners, MMC Ventures, Seedcamp, Outward, Mundi Ventures and Alven. Supercede is based in London, England, United Kingdom.

How much did Supercede raise?
Supercede raised $15 Million in a Series A round on June 27, 2024.
Who invested in Supercede?
AFG Partners, MMC Ventures, Seedcamp, Outward, Mundi Ventures and Alven are named as investors in this round.
What does Supercede do?
Supercede revolutionises the reinsurance value chain by offering cedents streamlined data preparation, brokers a consolidated deal management platform, and reinsurers access to qualified deals.
Where is Supercede based and how big is it?
Supercede is based in London, England, United Kingdom. Fundz records about 22 employees.
Who are the decision-makers at Supercede?
Fundz holds 1 contact at Supercede. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Risk Management around the same time

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

  • Rillet raised $14M (Series A) on July 29, 2024.
  • Bunch raised $16M (Series A) on July 25, 2024.
  • Chift raised $2.5M (Seed) on June 24, 2024.
  • AccountsIQ raised $65M (Series C) on June 13, 2024.
  • greytHR raised an undisclosed amount (Series F) on August 8, 2024.
  • Seek AI raised $2M (Seed) on August 8, 2024.

Who to call at Supercede, and when

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

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  • Who you already know at Supercede, from your own LinkedIn network

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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.

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Fundz sees it the moment Supercede raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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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

Supercede 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.