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Altai Ventures launches $53mn fintech & InsurTech fund

February 27, 2023

Altai Ventures, an early-stage venture capital firm has closed a $53 million fintech and InsurTech fund.

Bain Capital Ventures, Century Equity Partners invested in the fund alongside a number of limited partners across P&C insurance, life insurance and retirement, insurance brokerage, and commercial banking.

The fund will focus primarily on the North American market, with investments in the range of $200,000 and $500,000 for seed rounds and $1 million to $3 million for Series A rounds.

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