Asteya Raises $10M in Funding

Asteya, a Miami, FL-based income insurance startup, raised $10 in funding.

Backers included I2BF Ventures, Capital Factory, Cap Meridian Ventures, Northstar Ventures, Atrum, as well as angel investors Whitney Wolfe Herd and Geeta Sankappanavar.

Founded by CEO Alex Williamson, the former Chief Brand Officer at Bumble and Hadi Radwan, Chief Product Officer, Asteya has just launched with a product for individuals such as gig economy workers, who can take protecting their income with monthly plans.

The company is working with A-rated carriers including Munich Re and certain underwriters at Lloyd’s.