Supercede Secures $15M Series A Funding to Revolutionize Reinsurance

Supercede, a trailblazer in reinsurance technology, has successfully raised $15 million in a Series A funding round. The round was led by Alven, with significant contributions from Mundi Ventures and continued support from existing investors including Outward, Seedcamp, MMC Ventures, and AFG Partners. This funding marks a pivotal step in Supercede’s mission to transform the reinsurance sector through innovative technology.

The funding round was completed on June 27, 2024.

This substantial investment underscores the growing importance of advanced technology in the reinsurance sector. For industry professionals, this means more efficient processes, better risk management, and optimized coverage options. Supercede’s platform is designed to automate and enhance the reinsurance process, making it indispensable for insurers, brokers, and reinsurers looking to stay competitive in a rapidly evolving market.