TGS Baltic has advised the Truffle Capital SAS fund on leading a EUR 5.5 million investment round into Cachet. Triniti and, reportedly, Ireland-based Mason Hayes & Curran advised Cachet on the round.
According to TGS Baltic, insurance technology “startup Cachet is a business that creates smart insurance solutions, taking into account clients’ lifestyles and working hours.”
Truffle Capital is a European fund that creates and supports companies operating in life sciences and information technologies.
According to Triniti, “Cachet is planning to use the funds for expanding the business in the EU and opening up new markets.”
TGS Baltic’s team included Partners Kadri Kallas and Kirsti Pent, Senior Associates Mirko Kikkamagi, Olger Kaalep, and Mari-Liis Orav, and Associates Mari Anne Valberg and Liisa Levandi.
The Triniti team was led by Senior Associate Valter Vohma.