Israeli insurtech co Vesttoo raises $80m at $1b valuation
| Author | Ofir Dor |
| Published date | 25 October 2022 |
| Publication title | Globes (Rishon LeZion, Israel) |
Vesttoo's valuation as a unicorn is especially surprising when taking into account the slowdown in startup raising and that its most recent financing round was in November 2021, when Vesttoo raised $15 million, at a company valuation of $300 million. In August 2021, Vesttoo raised $6 million at a company valuation of $36 million, just a few months after raising money at a valuation of $22 million
Vesttoo was founded in 2018 by CEO Yaniv Bertele, CPO Alon Lifshitz, and CTO Ben Zickel. Bertele said, "The...
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