Uncharted raises $5.8 million in Series A

Uncharted announced it has closed a $5.8 million Series A funding round with full participation and support from its foundation shareholders.

Established in 2017, the company enables brokers and carriers to easily transition their legacy core and distribution capabilities to a suite of platforms that provide an enduring competitive advantage in the evolving global insurance market. The funds will drive Uncharted’s ongoing expansion into key markets across Asia Pacific, Europe, and North America and continue the development of their core insurance platforms as they expand their product, technology, and data analytics capabilities.

“Following the successful merger of our Shift Insurtech and Uncharted businesses, this investment is an incredible validation of the work the team at Uncharted has done over the past three years. This gives us the confidence and ability to execute our sales and product development strategy.” – Nick Macey, Founder and CEO of Uncharted Global .