Capitola, a Tel Aviv-based fintech and digital marketplace startup for commercial insurance, raised $15.6 million in Series A. The round, led by Munich Re Ventures, will be used to expand Capitola’s platform, with a focus on its market intelligence capabilities, and to accelerate growth in the United States. This most recent funding comes on the heels of a $5 million Seed round in 2021 led by Lightspeed Venture Partners.
Capitola Secures $15.6 Million Series A for Marketplace for Commercial Insurance