WASHINGTON, DC, March 10, 2026 — Gangkhar, an AI-native embedded protection infrastructure platform, today announced the successful closing of its $4.25 million seed round, led by Anthemis with participation from Accion Ventures, Sancor Ventures, Seedstars, EWA Capital, and Simma Capital. The round builds on early backing from Rally Cap, which supported Gangkhar at the pre-seed stage and played a key role in the company’s early development.
The Latin American insurance market reached $203 billion in premiums in 2024, yet penetration remains at only 3.1% of GDP, less than half the global average. Even as digital adoption deepens in the region, 50% of banked individuals remain uninsured.
Gangkhar is an insurtech startup building an embedded insurance orchestration platform for Latin America. The platform enables capacity providers and digital platforms to instantly configure, deploy, and optimize embedded protection across regions. Through its AI‑enabled optimization engine, Gangkhar uses real‑time program data to improve segmentation, pricing, and messaging so distributors can improve conversion and retention over time.
“This seed round brings together exactly the type of partners we wanted to build with,” said Federico Spagnoli, CEO at Gangkhar. “From global fintech expertise to emerging-market scale and carrier-side insight, this investor group strengthens our ability to execute at scale.”
“Gangkhar is building foundational infrastructure for the future of embedded and AI-native protection,” said Marin Cauvas, Partner at Anthemis. “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.”
Amee Parbhoo, Managing Partner of Accion Ventures, said: “Gangkhar’s infrastructure 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.”
“Gangkhar’s infrastructure will help us to drive new ways of designing and bringing products to market in a more affordable, digital, and efficient way,” said Clorinda Mantaras of Sancor Ventures.
The funding round positions Gangkhar to scale embedded protection infrastructure across multiple geographies and regulatory environments. The capital will be used to accelerate product development, deepen AI-driven processes and optimization capabilities, and support continued international growth.
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About Gangkhar
Gangkhar is an AI-native embedded protection infrastructure platform that enables carriers and digital companies to configure, launch, and optimize protection products instantly and globally. Through its Sherpa+ infrastructure, Gangkhar delivers modular, scalable solutions across onboarding, pricing, underwriting, and claims—supported by real-time AI optimization, advanced analytics, and global reinsurance capacity. With a single API, partners can integrate and scale embedded protection offerings across multiple markets, creating new revenue streams, accelerating growth, customer loyalty, and operational efficiency.
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For media inquiries, contact:
Paul Oudenhoven
Email: paul.oudenhoven@gangkhar.com
www.gangkhar.com