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Spintop Ventures leads investment round in InsurTech startup Cachet

Spintop Ventures leads investment round in InsurTech startup Cachet

Spintop Ventures led an investment round in Cachet, a Tallinn-based InsurTech company and a leading designer of insurance solutions for Europe’s platform economy. The round, which also attracted support from existing investors Truffle Capital and Icebreaker.vc, brought Cachet’s total funding to approximately €11 million.

Cachet provides adaptive insurance infrastructure for the platform economy. Operating across 16 European markets, the company redesigns insurance coverage as a dynamic system, supported by tools that help prevent losses over the long term.

Spintop Ventures is an early-stage venture capital firm investing in innovative, software-based technology companies from the Nordics.

The TEGOS team Kadri Kallas, Mirko Kikkamägi, Olger Kaelep, Liisa Levandi, Grete Kruustük and Enelin Terav supported Spintop Ventures with legal due diligence and transaction documentation.

Additional information
Cachet provides adaptive insurance infrastructure for the platform economy. Operating across 16 European markets, its solutions redesign insurance coverage as a dynamic system, supported by tools that help prevent losses over the long term. The company aims to make insurance work better for the platforms and people it serves. Cachet was founded in 2018 by Hedi Mardisoo and Kalle Palling and is based in Tallinn.

Spintop Ventures is an early-stage venture capital firm investing in innovative, software-based technology companies from the Nordics. With a strong track record in enterprise software and deep tech, Spintop supports founders in building scalable global businesses with sustainable impact. Learn more at www.spintopventures.com.

Read more: Cachet tops €11 million in funding as Spintop Ventures backs the adaptive insurance platform for Europe’s platform economy