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Income Insurance Startup Asteya Launches With $10 Million in Funding
– Income insurance startup Asteya announces its launch and disclosed fundraising of $10 million. – Investors include I2BF Ventures, Capital Factory, Cap Meridian Ventures, Northstar Ventures, Atrum, as well as angel investors Whitney Wolfe Herd and Geeta Sankappanavar. – Asteya™ was founded by CEO Alex Williamson, the former Chief Brand Officer at Bumble and Hadi Radwan, Chief Product Officer. – The company is working with A-rated carriers including Munich Re and certain underwriters at Lloyd’s. – Asteya’s solution is purpose-built to help give people peace of mind through the unanticipated circumstances that have increasingly become facts of life. – Asteya’s applications are completely online and users may get coverage within minutes rather than days and weeks.