Martello Re, a newly-launched life and annuity reinsurer, has successfully completed a remarkable funding round, raising an impressive $935 million. This significant injection of capital is part of our overarching goal to leverage the backing of $1.65 billion and establish ourselves as a trusted partner in the insurance industry. Our mission at Martello Re is clear: to empower insurers to grow their businesses in a profitable and sustainable manner, all while ensuring they meet their commitments to policyholders. This latest funding will enable us to expand our innovative reinsurance offerings, which are tailored to address the unique needs of life insurers. With a strong focus on exceptional financial stability, customized solutions, and distinctive investment capabilities, Martello Re is poised to redefine the reinsurance landscape. Our team firmly believes that by aligning our interests with those of our clients, we can foster long-term partnerships that drive growth and bolster the security of policyholders. As we embark on this exciting journey, we remain committed to delivering the highest standards of service and support that the insurance industry demands. The substantial funding we have secured not only validates our business model but also positions Martello Re as a formidable player in the market, ready to meet the challenges of an evolving landscape. We are enthusiastic about the future and look forward to playing a pivotal role in shaping the next generation of reinsurance solutions.

Martello Re Secures $935 Million in Funding to Revolutionize Life and Annuity Reinsurance
Get the full Martello Re company profile
Access contacts, investors, buying signals & more
Other recently funded companies
View all
Q2 | Gro
Gro's mission is to bring the best practices of ecommerce to financial services. We help banks and credit unions add new customers and sell more products to existing customers. Gro supports retail deposits, credit cards, loans, business accounts and more. Our flagship product, Gro Checkout uses the best of the mobile world while also supporting desktop users, allowing your organization to on-board the digital native easier and in less time. Whether online, on the go or at the branch, your organization can open and fund new accounts in the less than 4 minutes. Our customers see incredible growth in assets through improved conversion and enhanced marketing capabilities.
$600.0K Pre-seed
today

MEDIVERSE
MEDIVERSE is a healthcare technology company dedicated to making healthcare accessible for everyone. This is a brand-new approach to patient-doctor interaction and connection. Our innovative end-to-end platform supports patients in every step of their journey and enables healthcare professionals to provide high-quality and affordable care. MEDIVERSE uses all-in-one technology for a new healthcare experience and transforming healthcare for a better tomorrow.
$5.4M Angel
today

Peel Therapeutics
Over the course of millions of years, nature evolved to create the world鈥檚 most awe-inspiring, life-changing health outcomes. Peel Therapeutics translates these evolutionary outliers to develop medicines for patients with cancer and inflammatory diseases. Using scientific and medical expertise, state-of-the-art technology and drug development knowledge, we redesign what nature offers into medicines for patients by tackling solubility, scalability, and bioavailability. Our clinical stage therapeutic pipeline treats a spectrum of devastating conditions, with a near-term focus on cancer and inflammation. At Peel Therapeutics, we push the limits of biology to develop highly effective and safe medicines for patients that transcend the incremental.
$20.0M Series a
1 day ago

HavocAI
Havoc is the leader in all-domain collaborative autonomy. Its software-defined hardware approach powers military and commercial-grade autonomous systems across sea, air, and land to sense, decide, and act together in complex and contested environments. Havoc connects assets, enabling them to share information, adapt in real time, and continue operating even when communications are disrupted or denied. Havoc was founded in 2024 and headquartered in Providence, Rhode Island. Learn more at havocai.com.
$187.5M Series a
1 day ago

Reedley College
Reedley College is located in Reedley, California, 30 miles southeast of Fresno. In this rural setting, the campus community enjoys the unique combination of urban sophistication and rural values. Reedley College provides day, evening, and Saturday classes. Operated on an 18-week semester system, the college offers a fall and spring term, as well as six-, eight- and 10-week summer sessions. Courses are offered at the main campus in Reedley and at the Madera and Oakhurst Centers. The Madera Community College Center is located 18 miles north of Fresno. This agriculturally rich area is also becoming an area for new business development. Several unique programs are offered at the Madera Center including a Licensed Vocational Nursing Program. The Madera College Advantage Program (MCCAP) is designed to help high school seniors successfully transition from high school to college. The Center for Advanced Manufacturing includes a Maintenance Mechanic program as well as career technical courses that address local manufacturing business needs. The Oakhurst Community College Center is located in the Southern Sierras just minutes from the south gate of Yosemite National Forest. It serves 500 students from the foothill communities. The center has a science lab, a computer lab, and an open computer lab. Reedley College and its Centers are part of the State Center Community College District which covers an area of 6000 square miles in the heart of the San Joaquin Valley. The SCCCD includes Reedley College, Madera Center, Oakhurst Center, Clovis Community College, and Fresno City College.
$2.3M Grant
1 day ago