Evertas, a Chicago, IL-based crypto insurance company, raised $5.8M in seed funding.
The round was led by Morgan Creek Digital, CMT, HashKey, Wave Partners, RenGen, 4RC, Centrality, Plug ‘n Play, Vy Capital, and a number of individual investors including James Slazas (CEO of VaultLink), Tyler Ward (Founder of BarnBridge), Quinn Abrahams (Partner of D64), Shy Datika (Founder & President of INX), and Sandra Ro (CEO of Global Blockchain Business Council and former Head of Digitization at CME Group).
The company will use the funding to accelerate product development and build out infrastructure.
Led by J. Gdanski, CEO, and Raymond Zenkich, President, Evertas has created the only comprehensive underwriting tools and framework for crypto (including blockchain/DLT systems), an end-to-end insurance product for crypto including claims handling, and comprehensive risk management processes to underwrite and scale insurance products.
FinSMEs
25/05/2021