Bondaval raises $15M Series A for its alternative to traditional bank guarantees

Bondaval, the London-based B2B insurtech that gives credit teams assurance that customers will fulfill their financial obligations, has raised $15 million in Series A funding led by Talis Capital. The round included participation from returning investors Octopus Ventures, Insurtech Gateway Ltd, Truesight and Expa, and new investors FJ Labs and Broadhaven Ventures. Talis Capital general partner Tom Williams will join Bondaval’s board.
TechCrunch last covered Bondaval when it announced its seed funding in October 2021. Since then, it’s expanded its reach to 31 countries in Europe and North Ameri

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