Re raises a $14M seed round
September 29, 20227 min
The launch of Re comes alongside the announcement of a $14 million seed round with participation from Tribe Capital, Defy, Exor, Stratos, Framework, Morgan Creek Digital, SiriusPoint and a number of prominent angel investors. The protocol, built on the Avalanche blockchain, provides investors with access to a massive and uncorrelated asset class: insurance premiums. While backing insurance policies collectively dates back 334 years to the inception of Lloyd’s of London, the business remains opaque and inaccessible to most....
