Reinsurance technology platform Supercede has secured US$15 million in a Series A funding round, led by Alven Capital.
The investment also counts contributions from Mundi Ventures and existing investors Outward, Seedcamp, MMC Ventures, and AFG Partners.
With this new capital, Supercede plans to expand its team, attracting talents to enhance platform development and implementation.
Representing over 140 member companies globally, including insurers, brokers, and reinsurers, Supercede’s platform automates the reinsurance process, enhancing risk management, coverage, and pricing outcomes.
Jerad Leigh, CEO and co-founder of Supercede, states: “Securing this funding is a testament to the transformative power of our platform.
“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.”
Margaux Gregoir, principal at Alven Capital, comments: “Supercede’s impressive growth trajectory is enabled by the right combination of innovation and domain and sector expertise.”
