Diesta, a London, UK-based B2B SaaS company which specializes in payment operations, raised $3.8M in Seed funding.
The round was led by FinTech Collective, with participation from Commerce Ventures and existing investors Restive Ventures and SixThirty.
The company intends to use the funds to accelerate its expansion across new geographies and insurance classes, focusing on growing its presence in the UK, Europe, and the US.
Founded in 2022 by Julian Schoemig and Christopher Davis, Diesta is a payment operations platform designed specifically for the insurance industry. It aims to streamline premium processing for intermediated insurance, allowing companies to unlock growth across new products and geographies, while also saving the industry billions in inefficiencies.
This latest investment followed Diesta’s $2M pre-seed round secured just last year.
FinSMEs
17/10/2024