Brazilian insurtech Justos raises $35.8M in Ribbit Capital-led Series A

Brazilian insurtech Justos raises $35.8M in Ribbit Capital-led Series A

2 years ago
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https://techcrunch.com/2021/10/24/brazilian-insurtech-justos-raises-35-8m-in-ribbit-capital-led-series-a/

Justos, a startup that says it will be the first insurance company in Brazil to use data when determining rates, has raised a $35.8 million Series A round of funding led by Ribbit Capital.

SoftBank’s Latin American Fund and GGV participated as new investors, in addition to existing backers Kaszek, BigBets, Nubank CEO David Velez and Kavak CEO Carlos Garcia Ottati.