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Digital insurance co WeSure raises NIS 85m in TASE IPO The company, which plans expanding operations to the US and Europe, raised the money at a company valuation of NIS 382 million, post-money. WeSure Global Tech, the parent company of digital insurance company WeSure, has sold a 22.3% stake in an Initial Public Offering (IPO) on the Tel Aviv Stock Exchange (TASE), raising NIS 85 million, at a company valuation of NIS 382 million, post money. The company had initially planned selling a 20% stake for NIS 100 million at a company valuation of NIS 500 million, after money. WeSure was founded by...

Digital insurance co WeSure files to raise NIS 100m on TASE The digital insurance company plans expanding operations to the US and Europe. WeSure Global Tech, the parent company of digital insurance company WeSure, has published a prospectus for an Initial Public Offering (IPO) on the Tel Aviv Stock Exchange (TASE). The company plans selling a 20% stake for NIS 100 million at a company valuation of NIS 500 million, after money. WeSure was founded by chairman Emil Vainshel, who holds a 71.5% stake and CEO Nitzan Zeir Harim, who holds a 17.9% stake, and who have been joined by former police chi...