Evertas raises $14 million

Evertas, “the first cryptoasset and blockchain insurance company,” has closed a $14 million funding round led by Polychain Capital, with participation from SinoGlobal Capital, CMT Digital Ventures, Foundation Capital, Morgan Creek, Bloccelerate, network0, Matrixport, HashKey, and several individual investors.

Founded in 2017, the Chicago-based startup offers insurance products, certifications, and risk management and mitigation solutions.

Earlier this year, Evertas was approved as a Lloyd’s of London coverholder. It also features Arch Insurance and Bitsure as partners.