Supercede Raises $15M in Funding for Reinsurance Technology
Supercede, a London, UK-based provider of a reinsurance technology platform, recently announced that it has raised $15M in Series A funding. The round was led by Alven, with additional contributions from Mundi Ventures and existing investors such as Outward, Seedcamp, MMC Ventures, and AFG Partners. This significant investment will enable the company to expand its team, enhance platform development, and improve implementation processes.
Founded in 2019 by CEO Jerad Leigh, Supercede has quickly established itself as a leader in the reinsurance industry.
The company's innovative technology platform is designed to automate and optimize the reinsurance process, ultimately leading to improved risk management, optimized coverage, and better pricing outcomes for clients. With a strong focus on enhancing data preparation and deal management, Supercede's solution is already being utilized by over 140 member companies worldwide, including insurers, brokers, and reinsurers.
By providing reinsurance teams with the tools they need to be more effective and profitable, Supercede is revolutionizing the way that the industry operates. With this latest funding round, the company is well-positioned to continue its growth and expansion, further solidifying its position as a key player in the global reinsurance market. Supercede's commitment to innovation and excellence sets it apart from competitors, and it is clear that the company has a bright future ahead.
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