Gangkhar, a Delaware-based insurtech company building an AI-native embedded protection infrastructure platform, has raised $4.25 million in seed funding to expand its global platform and accelerate product development.
The round was led by Anthemis, with participation from Accion Ventures, Sancor Ventures, Seedstars, EWA Capital and Simma Capital. Early backing for the company came from Rally Cap at the pre-seed stage.
Gangkhar is developing an embedded insurance orchestration platform designed to help insurers and digital platforms configure, deploy and optimize protection products across multiple regions. The company’s technology uses an AI-powered optimization engine that analyzes real-time program data to improve segmentation, pricing and messaging for insurance products, helping distributors increase customer conversion and retention.
The company’s infrastructure enables capacity providers and digital platforms to launch embedded protection offerings more efficiently while scaling across markets and regulatory environments. Through its Sherpa+ platform, Gangkhar provides modular capabilities across onboarding, pricing, underwriting and claims while integrating analytics and real-time optimization tools.
The capital will be used to accelerate product development, strengthen the platform’s AI-driven processes and optimization capabilities, and support the company’s continued international expansion.
KEY QUOTES:
“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 of 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 infrastracture 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
“Gangkhar’s infrastracture will help us to drive new ways of designing and bringing products to market in a more affordable, digital, and efficient way.”
Clorinda Mantaras, Sancor Ventures
