OnRe closes a $5 million Series A funding round led by Forward Industries and RockawayX to enhance on-chain risk transfer in reinsurance.
Amount Raised
$5 Million
Round Type
Series A
BermudaFinancial ServicesFinanceFintechBlockchainCryptocurrencyInsuranceInvestors
Description
OnRe, a Solana-based reinsurance venture, has raised $5 million in a Series A round to scale its platform for blockchain-driven reinsurance. The round was led by Forward Industries and RockawayX, with Forward also looking to invest up to $25 million in OnRe’s yield-bearing token. This funding indicates a growing institutional interest in decentralized finance applications within the reinsurance market. OnRe aims to attract more participants to this niche segment of financial services.
Quick answer
OnRe raised $5 Million in a Series A round, dated May 6, 2026. Investors: RockawayX and Forward Industries. OnRe is based in Bermuda.
- How much did OnRe raise?
- OnRe raised $5 Million in a Series A round on May 6, 2026.
- Who invested in OnRe?
- RockawayX and Forward Industries are named as investors in this round.
- What does OnRe do?
- OnRe is a leading onchain asset manager using yield-bearing assets to underwrite reinsurance, bringing stable, institutional-grade returns to DeFi.
- Where is OnRe based and how big is it?
- OnRe is based in Bermuda. Fundz records about 18 employees.
- Who are the decision-makers at OnRe?
- Fundz holds 2 contacts at OnRe, including the Co-founder, CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as OnRe that raised within 45 days of this round, from Fundz verified event records.
- CAP Labs raised $16M (Funding Round) on June 18, 2026.
- Morpho raised $175M (Funding Round) on June 9, 2026.
- Architect raised $19M on May 27, 2026.
- SignalPlus raised $40M (Series B) on May 20, 2026.
- SizeProp raised $50M (Pre-Seed) on May 19, 2026.
- Circle Internet Group, Inc. raised $222M on May 8, 2026.
Who to call at OnRe, and when
A new round usually means OnRe is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day OnRe raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at OnRe, from your own LinkedIn network
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Funding Insights
What this usually meansOnRe raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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