CatX is a fully regulated digital marketplace for insurance risk, connecting institutional investors with high-return opportunities in insurance, reinsurance, and retrocession. It works directly with leading insurance companies to structure bespoke investment opportunities.

CatX

The exchange for trading and transferring catastrophic risk.
YC Summer 2023. Learn more at https://www.catxre.com/

We are looking for you! We are recruiting a front-end developer to join the CatX technology team. You can view the full listing on Y-Combinator's job board, but also feel free to drop us a message anytime on this page with any questions. Link here: https://lnkd.in/gF5HWFhS

What an eventful week for the CatX team! If you happened to be passing through Times Square last week you may have caught our recent campaign made possible with the help of Brex. 

If you want to explore a new uncorrelated asset class, please shoot us a message (Benedict and Lucas).

We are also extremely pleased to announce the closing of our $2.7m fundraise from top US Venture Funds and strategic angel investors: https://lnkd.in/gtB9MUw7

#GrowwithBrex

CatX, a platform designed to facilitate the flow of alternative capital into the insurance sector, has successfully raised US$2.7 million in seed funding.
Its backers include top Silicon Valley venture capital firms and angel investors from leading proprietary trading firms and hedge funds. 

Benedict Altier, co-founder and CEO of CatX, emphasises the company’s vision: “Our goal is to help make the insurance industry more robust and adaptable in the face of increasing global challenges."

Lucas Schneider, co-founder and CTO, adds: “At CatX, we focus on providing all the tools necessary for investors to understand and invest in insurance risk."

#insurtechinsights #insurancenews #fundingnews  
https://lnkd.in/epcA42Ds

We are thrilled to finally be able to announce our recent funding round for CatX. Check out the full story here: https://lnkd.in/gpJp6tv8 (or for non-subscribers: https://lnkd.in/gCkK4Dkg). Lucas Schneider

We are thrilled to have been featured as one of TechCrunch's favorite startups from Y Combinator's S23 batch.  

Some highlights from the article: "Insurers already do risk transfers, so it makes sense for a startup to come in and make that process more efficient thanks to a marketplace. In fact, we’ve seen this in many other industries. But what I find even more interesting is the inspiration to turn insurance risk into an asset class". 

Check out the TechCrunch article here: https://lnkd.in/e_pHfjiY

cc: Benedict Altier, Lucas Schneider

The CatX team will be in Monaco from the 9th - 13th of September for Rendez-Vous de Septembre. If you are heading there, we would love to meet you. You can book a meeting with me or the team here: https://www.catxre.com/rvs. #RVS2023 #reinsurance

We are excited to have joined Y Combinator for the Summer 2023 cohort. You can find out more about us at https://www.catx.finance.

COM:CATXRE

CatX