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Insurance & risk
Descartes Underwriting
Founded 2019 per the company's own About page and Battery Ventures' release, not 2018. The June 2025 Battery Ventures transaction was executed at a premium to the Series B valuation with existing investors retaining a large majority; no amount was disclosed, so the blank amount is correct. Marcus Ryu joined as board observer.
$138.5MTotal funding8Investors2019Founded
Investors
- Battery Ventures
- BlackFin Capital Partners
- Cathay Innovation
- Eurazeo
- Highland Europe
- Mundi Ventures
- Seaya Ventures
- Serena
Funding rounds
Series A — $18.5M · 2020-06 · led by Serena, Cathay Innovation
Series B — $120M · 2022-01 · led by Highland Europe
Growth — $138.5M · 2025-06 · led by Battery Ventures
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