Digital-market platform CatX raises $2.7mn in seed funding

23 November 2023

X
LinkedIn
Show more sharing options

US Currency: Wads of US bills fastened with rubber bands, close-up

Start-up CatX has raised $2.7mn in seed funding as it seeks to “bridge the supply-and-demand gap in the reinsurance sector”.

The InsurTech’s digital-market platform, designed to facilitate alternative capital flow into insurance, said the sector is facing a “critical challenge” due to a shortage in reinsurance capital.

CatX

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

Gain a competitive edge and accelerate decision-making
Be empowered by insights that transform confusion to clarity
Uncover growth opportunities and prepare for potential threats

Request a free trial Already a subscriber? Login now

Digital-market platform CatX raises $2.7mn in seed funding

Start-up CatX has raised $2.7mn in seed funding as it seeks to “bridge the supply-and-demand gap in the reinsurance sector”.

Fuel a smarter strategy with our actionable market intelligence

Topics

Most Recent

Hurricane Milton raises question over how risk-remote ILS can go

Casualty ILS may be a ‘come-and-go’ trend: Ruoff

Moody’s RMS posts Milton insured loss estimate of $22bn-$36bn

Milton write-downs to exposed cat bonds suggest ~$300mn losses

Allstate pegs Milton cat losses at $630mn pre-tax

Digital-market platform CatX raises $2.7mn in seed funding

Start-up CatX has raised $2.7mn in seed funding as it seeks to “bridge the supply-and-demand gap in the reinsurance sector”.

Login to continue

Fuel a smarter strategy with our actionable market intelligence

Topics

Hurricane Milton raises question over how risk-remote ILS can go

Casualty ILS may be a ‘come-and-go’ trend: Ruoff

Moody’s RMS posts Milton insured loss estimate of $22bn-$36bn

Milton write-downs to exposed cat bonds suggest ~$300mn losses

Allstate pegs Milton cat losses at $630mn pre-tax