Latú Seguros, an insurtech based in Brazil, has closed a $6.7M pre-seed round led by CRV and monashees.
Other participants in the round were ONEVC, Latitud, SVAngel, founders of Rappi, Addi, Tul, and more.
The startup offers business insurance with which clients can receive coverage of up to $10M against lawsuits, cyber-attacks, property damage, compliance breaches, and more in a couple of minutes.
Latú is short for Latin American Tech Underwriters and was founded by Paola Neira.
She worked for Rappi as a Director of Product Management, leading the technology team that worked on the company’s logistics algorithms.
We are investing the initial resources in continuing to grow the engineering and cybersecurity team and finish developing our product, there is a nice opportunity to do risk understanding in a different way than Excel and PDF documents, understanding not only the company we are insuring but their entire network.
We see this as an opportunity for companies to grow Paola Neira explained.
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