Evertas raises $2.8 million in seed funding led by Morgan Creek Digital Assets to develop underwriting and claims forensics capabilities.

Mar 10, 2024•over 1 year ago

Amount Raised

$2.8 Million

Round Type

seed

MiamiInsuranceBlockchainFinancial Services

Investors

Wavemaker GenesisVy CapitalRen GenKailash VenturesPlug N PlayMorgan Creek Digital Assets

Description

Evertas, a crypto insurance provider, raised $2.8 million in seed funding with participation from Morgan Creek Digital Assets, Plug n Play, Kailash Ventures, RenGen, Vy Capital, and Wavemaker Genesis. The funding will be used to finalize v2.0 of underwriting, further develop the Bermuda carrier, formalize Evertas as an MGA, and continue developing claims forensics capabilities.

Company Information

Company

Evertas

Location

Miami, Florida, United States

About

EvertasEvertas Inc. is a Chicago-based cryptoasset insurance company focused on covering the full spectrum of crypto risks for institutional holders of cryptoassets, blockchain technology and infrastructure, including exchanges, custodians, traditional financial institutions, funds, family offices, corporations, miners, and ultra-high net worth individuals. Licensed to operate as a Class 3A Insurer by the Bermuda Monetary Authority, Evertas offers the only full lifecycle crypto insurance solution. a world leading underwriting framework, bespoke policy form and claims handling.

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