Marine Risk Management Data Company Winward Raises $16.5M

July 1, 2018 | Israeli maritime risk insights and data company Winward announced a $16.5 million Series C funding round Sunday, bringing it’s total funding to $38.9 million to date, Israeli financial daily Globes reports. The round was led by California insurtech fund XL Innovate and existing investors like Hong-Kong based Horizon Ventures. Private investors like Salesforce founder and CEO Marc Benioff also participated in the round. Founded in 2010, the Tel Aviv-based company analyzes marine data to help customers understand maritime risk that comes with ship movement, cargo, and other nautical issues at sea.