# INSTANDA funding: rounds and investors

> INSTANDA has raised $20M across 1 round since 2025. Investors include CommerzVentures, Plug and Play and Toscafund Asset Management.

Source: https://millionrounds.com/company/instanda (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Growth startup](https://millionrounds.com/companies)

# Who invested in *INSTANDA*

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Fintech Insurtech

Raised 12 months ago

Funding summary Updated 26 Oct 2026

**$20M** raised across 1 round since 2025, from 1 source

- **Latest round:** Growth, $20M Oct 2025
- **Led by:** CommerzVentures
- **Investors:** 5 (1 led)

See who backed them

## The rounds

- **Oct 2025** Growth **$20M** [CommerzVentures](https://millionrounds.com/fund/commerzventures) Lead [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Toscafund Asset Management](https://millionrounds.com/fund/toscafund) [Bronek Masojada](https://millionrounds.com/fund/bronek-masojada) [Dale Ventures](https://millionrounds.com/fund/dale-ventures) Reported by Silicon Canals

## Founders and team

From INSTANDA's own website: 2 founders, 1 on the team.

**Pat Blanford** Founder & CEO of Green Shield Risk Solutions

**Michael Pallas** Co-Founder of Flow Flood Insurance

- **Leon Vermaak** Global Head of Standard Bank Insurance

## Everyone who backed them

[CommerzVentures](https://millionrounds.com/fund/commerzventures) VC firm **1** round, led 1

[Plug and Play](https://millionrounds.com/fund/plug-and-play) Accelerator **1** round

[Toscafund Asset Management](https://millionrounds.com/fund/toscafund) VC firm **1** round

[Bronek Masojada](https://millionrounds.com/fund/bronek-masojada) Growth equity **1** round

[Dale Ventures](https://millionrounds.com/fund/dale-ventures) Angel network **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=instanda).

## Quick answers about INSTANDA

### Who invested in INSTANDA?

INSTANDA's investors include CommerzVentures, Plug and Play, Toscafund Asset Management, Bronek Masojada and Dale Ventures. CommerzVentures led its latest round.

### How much has INSTANDA raised?

INSTANDA has raised $20M across 1 round since 2025.

### When did INSTANDA last raise?

INSTANDA's most recent round was a Growth of $20M in Oct 2025, led by CommerzVentures.

### What was INSTANDA's biggest round?

Its most recent round, $20M in Oct 2025, is also its largest on record.

### Who backed INSTANDA first?

INSTANDA's first round on record, in Oct 2025, was backed by CommerzVentures, Plug and Play and Toscafund Asset Management and 2 others.

### What stage is INSTANDA at?

INSTANDA's latest named round is a Growth, in Oct 2025.

### Where is INSTANDA based?

INSTANDA is based in the United Kingdom.

### Who led INSTANDA's rounds?

CommerzVentures led the Growth in 2025.

## Companies like INSTANDA

In the same sector, and raised in the last eighteen months.

[**Marrow** $2.0M · Oct 2026](https://millionrounds.com/company/marrow)[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Opply** $23M · Oct 2026](https://millionrounds.com/company/opply)[**XRlabs** $8.4M · Oct 2026](https://millionrounds.com/company/xrlabs)[**Reactive Markets** Oct 2026](https://millionrounds.com/company/reactive-markets)[**Salience Labs** $169M · Oct 2026](https://millionrounds.com/company/salience-labs)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app