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re - Seed
Overview
Funding Date
September 28, 2022
Financing amount
$14M
Valuation
$100M
Category
Subcategory
About re - Seed
Serial entrepreneur Karn Saroya has raised $14 million in a seed round for his new decentralized reinsurance protocol called Re. Investors in Re's seed round include Tribe Capital, Framework Ventures, Morgan Creek Digital and SiriusPoint, said Re in a release. The startup is valued at a $100 million post-money valuation.
Investors
Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
---|---|---|---|---|---|---|
Fund | United States of America | 2018 | 49 | [email protected] | ||
Fund | Canada | 2019 | 95 | [email protected] | ||
Fund | United States of America | 2004 | 21 | [email protected] | ||
Corporate | -- | -- | 2 | -- |
Company Profile / Project Introduction
Re is a smart contract protocol built upon the Avalanche blockchain. It is a global transaction layer for pure risk, enabling people, businesses and governments to navigate an uncertain future while they work towards creating a better one.