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Reed Smith advises Toscafund on investment in INSTANDA

LONDON – Global law firm Reed Smith has advised Toscafund in connection with INSTANDA’s recently completed $20 million funding round, led by CommerzVentures. The infusion of capital is intended to accelerate INSTANDA’s global expansion and further strengthen its position in the insurtech segment.

The round brings INSTANDA’s total funding raised to date to over $85 million. The investment will support enhanced data science and AI capabilities, drive expansion into North

America and Europe, and underpin strategic acquisitions to broaden the company’s client offerings. The Reed Smith team advising Toscafund was led by London partner Andrew Houghton.

About Reed Smith

Reed Smith is a dynamic international law firm dedicated to helping clients move their businesses forward. With an inclusive culture and innovative mindset, we deliver smarter, more creative legal services that drive better outcomes for our clients. Our deep industry knowledge, long-standing relationships and collaborative structure make us the go-to partner for complex disputes, transactions, and regulatory matters.

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