Octopus Ventures led the seed round to support international expansion and platform development.
BondAval
BondAval offers a new form of payment security for supply chains.
BondAval is an insurtech startup that provides a novel form of payment security for supply chains through proprietary MicroBonds. The company operates in both the UK and the US.
Categories
Founders
Tom Powell
CEO and Co-Founder
Tom brings venture capital, insurance, and operating experience, having previously served as a principal at Passion Capital and head of investor relations. He is currently co-founder and chief executive officer at Bondaval.
LinkedInSam Damoussi
COO and Co-Founder
Sam serves as co-founder and chief operating officer at Bondaval. He previously held revenue and regional management roles across several insurance and financial services firms.
LinkedInInvestors
- £5.1M
- £1.2M
Funding history
Insurtech Gateway led the pre-seed round for the B2B insurance platform, with backing from True Sight Partners and angel investors.
