Portfolio
2
companies
Tangible
Tangible builds financial infrastructure to help hardtech companies access debt capital.
Insurdata
Insurdata supplies granular risk data and exposure analytics to the insurance industry.
Andreas Klinger
The seed round was led by Pale Blue Dot to fund team expansion and product automation.
"It is clear that most of the innovations shaping the future – from vehicles and data centres to robotics – are fundamentally physical. And, to enable efficient innovation they should not be financed by venture equity alone."
Anthemis and Menlo Ventures led the financing round alongside five new venture capital firms and angel investors.
"We are delighted to have secured the backing of a fantastic range of investors who fully understand the criticality of the service that Insurdata provides to the re/insurance market. Our work to date has exposed material deficiencies in the quality and scope of information which underwriters are reliant upon, which in turn have a detrimental effect on their ability to accurately price risk and manage portfolios effectively."