Altari Ventures launches FinTech and InsurTech fund


Share post:

Altai Ventures has closed a USD 53 million FinTech and InsurTech fund in early-stage venture capital. The fund will focus on the North American market with investments ranging from USD 200,000 to USD 500,000 for seed rounds and USD 1 million to USD 3 million for Series A rounds.

Bain Capital Ventures, Century Equity Partners invested in the fund along with a number of limited partners in property and casualty, life and annuity, insurance brokerage and commercial banking.

Oleg Lichen, Managing Partner, Altai, said, “Financial institutions represent a multi-trillion industry dollars, which is still in the early stages of technological transformation.”

Read more: Altari Ventures launches fintech and insurtech fund

TalkFintech Bureau
TalkFintech Bureau
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.


Please enter your comment!
Please enter your name here


Related articles

TerraPay appoints Ruben Salazar Genovez, former Head of Visa Direct, as President

TerraPay, a global money movement company, is pleased to announce the appointment of Ruben Salazar Genovez, recently the...

Crif launches ESG analytics tool for UK banks

ESG Analytics from CRIF, a provider of consumer and business credit information and a key global player in...

Pulsate raises USD 7.7 million in its Series A funding round

Pulsate, a mobile-first customer engagement platform for community financial institutions, has secured USD 7.7 million in funding. Pulsate's platform...

Revenir AI, a FinTech firm, launches hassle-free mobile VAT reclaim for travelers

Revenir AI, a UK FinTech startup, has developed a white-label app for banks that allows travelers to automatically...