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Stere Closes $5M Seed+ Round With Vida Capital

Sep 26, 2022almost 3 years ago

Amount Raised

$5 Million

Round Type

seed

New YorkInsuranceInsurtechFintechFinancial Services

Description

Stere, a capacity trading platform specializing in capacity sourcing and unique digital capabilities for embedded insurance partners and MGAs, today announced that it has closed a $5 million funding round with Vida Capital. The investment allows Stere to further expand its capacity trading platform, a one-stop-shop for businesses to build and launch insurance programs with capacity partners.

Company Information

Company

Stere

Location

New York, United States

About

Stere is a digital insurance ecosystem that helps businesses find insurance and reinsurance capacity on a local or global level through its unique trading platform. Stere also provides digital capabilities and transformation services using a rich library of APIs that give embedded insurance partners, insurtechs, MGAs, and others access to potential business channels to launch insurance programs. To learn more about embedded opportunities and how your organization can benefit from using Stere, please visit www.stere.io or email hello@stere.io

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