Gangkhar raises $4.25 million

Gangkhar, an embedded protection infrastructure platform, announced the successful closing of its $4.25 million seed round, led by Anthemis with participation from Accion Ventures, Sancor Ventures, Seedstars, EWA Capital and Simma Capital.

Founded in 2025 and led by former Chubb employee Federico Spagnoli, Gangkhar is building a global embedded insurance orchestration platform that enables capacity providers and digital platforms to configure, deploy, and optimize embedded protection across regions.

“This seed round brings together exactly the type of partners we wanted to build with. From global fintech expertise to emerging-market scale and carrier-side insight, this investor group strengthens our ability to execute at scale.” – Federico Spagnoli, CEO at Gangkhar.

“Gangkhar is building foundational infrastructure for the future of embedded and AI-native protection. Their platform addresses a critical gap in how protection products are designed, distributed, and optimized globally. We’re excited to support the team as they scale across markets and deepen partnerships with carriers and distributors.” – Marin Cauvas, Partner at Anthemis.

“Gangkhar’s infrastructure helps strengthen financial resilience in Latin America by enabling platforms to embed affordable, contextual insurance in existing customer journeys. By reducing friction and cost, the company unlocks new channels for the distribution of insurance, helping close the region’s $300 billion protection gap and strengthening financial stability for underserved populations.” – Amee Parbhoo, Managing Partner of Accion Ventures.