Supercede funding news – London-based Supercede Raises $15Million in a Series A Round Funding

In order to improve platform development and implementation, the UK company plans to use the funds to acquire top talent and grow its staff.

Jerad Leigh, CEO and co-founder of Supercede said, “Securing this funding is a testament to the transformative power of our platform. We are not just building a company; we are shaping the future of reinsurance. This investment accelerates our ability to deliver unparalleled value to our clients and drives us closer to our goal of becoming the indispensable operating system for the global reinsurance market,”.

Ben Rose, president and co-founder, adds, “This investment is reflective of the incredible support Supercede has received from a global community of buyers, brokers, and underwriters determined to bring better data and technology to the reinsurance industry. We are responding to their call to action, and with these funds will scale our capabilities to ensure our platform remains the top choice for reinsurance buying teams.”

Over $500 million in venture capital is managed by Alven. In order to assist European entrepreneurs flourish internationally, they provide early-stage support. Marketplaces, productivity tools, AI platforms, social and entertainment, financial services, and wellness brands are among the VC target areas.

Read also - Synergym Funding News – Synergym Secures Funding from All Seas Capital

Margaux Gregoir, Principal at Alven said, “Supercede’s impressive growth trajectory is enabled by the right combination of innovation and domain/sector expertise, the reason why this very special team has an edge in this industry. It is exactly what we look for in a market leader. We believe in their vision and are excited to support their journey to becoming the dominant force in the reinsurance technology sector,”.

Global venture capital business Mundi Ventures makes investments in technology startups and companies in their growth stages. The company specialises in fintech, enterprise tech, insurtech/insurance-adjacent technology, and new companies created by and for the global Spanish-speaking diaspora.

Faisal Al-Hussein, Principal of Mundi Ventures said,“Supercede is transforming the reinsurance industry with its cutting-edge platform. Our investment underscores our confidence in their potential to set new industry standards,”.

About Supercede

Supercede, which was founded in 2019 by Jerad Leigh, Jezen Thomas, and Ben Rose, optimises and automates the reinsurance process to improve pricing, coverage, and risk management.