TTuio — Series A (estimated) · €15M incl. debt: equity and debt, the split was not disclosed
Madrid neo-insurer Tuio raised €15 million in a round co-led by MassMutual Ventures and BlackRock, with existing backers BAMCAP Ventures and Extension Fund increasing their stakes; Spanish press describes it as co-led with no single leader. The amount combines equity and debt and is the company's third round, taking total funding to €18.45 million, and will fund pet health and motor insurance launches.
LeadMassMutual Ventures, BlackRock
RoundSeries A (estimated)
Announced19 Sep 2024
CityMadrid
SectorInsurtech
Source
E
I
E
I
The company
Investors 4
B
BlackRock
www.blackrock.com
MMassMutual Ventures
BBAMCAP Ventures
EExtension Fund
www.extensionfund.com