Gangkhar Raises $4.25M Seed Round
Gangkhar, a Dover, DE-based AI-native embedded protection infrastructure platform, has raised a $4.25 million in a Seed funding round.
The round was led by Anthemis, with participation from Accion Ventures, Sancor Ventures, Seedstars, EWA Capital, and Simma Capital. Rally Cap previously backed the company at the pre-Seed stage.
Anthemis is a global venture capital firm founded in 2010, focusing on investing in fintech and financial services innovation. It supports startups that aim to transform banking, payments, insurance, and financial infrastructure. Headquartered in London, UK, Anthemis typically invests from pre-seed to growth stages.
The company will use the funding to accelerate product development, strengthen its AI-driven optimization capabilities, and support the international expansion of its embedded protection infrastructure.
Led by CEO Federico Spagnoli, Gangkhar is an insurtech company that develops an AI-native embedded insurance orchestration platform. The company enables insurers, capacity providers, and digital platforms to configure, deploy, and optimize embedded protection products across multiple regions. Its platform leverages AI-driven optimization to analyze real-time program data and improve segmentation, pricing, and messaging, helping distributors increase conversion rates and customer retention.
Funding Details
Company: Gangkhar
Raised: $4.25M
Round: Seed
Funding Date: March 2026
Lead Investor: Anthemis
Additional Investors: Accion Ventures, Sancor Ventures, Seedstars, EWA Capital, Simma Capital, Rally Cap (pre-seed)
Company Website: https://www.gangkhar.com/
Software Category: Insurtech / Embedded Insurance Infrastructure

