Seed Round Open · $5M · Q2 2026 target close

The new exchange for hedging real world operational risk.

Targeting CFTC SEF designation - connecting operators with institutional capital providers around objective public indices.
AI-powered origination.  Peer-to-peer marketplace.  Oracle-settled contracts.

CFTC SEF Designation Parametric Risk Peer-to-Peer Oracle Settlement
Connect with Us Learn More

Why Now

Three forces have converged to create this moment.

01 - Volatility
Volatility Is Now A Constant
Weather, commodity prices, and supply chain pressure are now permanent operating conditions. Businesses of all sizes face recurring, measurable EBITDA exposure – approx. $600B+ of unhedged risk.
02 - Infrastructure
Parametric Infrastructure Is Ready
Oracle networks, public index APIs, and CFTC swap frameworks have matured to the point where customized, automatically-settling parametric contracts can be structured and settled at scale, for the first time.
03 - Capital
Institutional Capital Is Searching
ILS funds, systematic hedge funds, and re-insurers have the models and mandate to deploy into parametric risk, but no regulated marketplace exists to access this asset class at scale.

What Rialta Is

A parametric risk transfer marketplace.

Rialta is being built as a CFTC-designated Swap Execution Facility (SEF) - a federally licensed exchange for parametric risk contracts.

Commercial Operators (businesses exposed to weather, input costs, or supply chain volatility), hedge that exposure through simple, index-based swap contracts that pay out automatically. No adjuster. No proof of loss.

Institutional Capital providers take the opposite side: pricing risk, posting collateral to an independent qualified custodian, and earning uncorrelated yield on short-duration deployed capital.

Direct GTM
AI Origination Engine
Operator acquisition at scale
Multi-Channel
Partner Ecosystem
MGAs, brokers, insurers, platforms.
Conversion Layer
AI Buy Flow
From awareness to RFQ
Data Sources
~50 indices
Public data sources
Settlement
48 hr target
Oracle-verified
Regulatory Moat
CFTC SEF License
Upon designation: one license, fifty states.

A marketplace that works for everyone

Who Rialta serves.

Capital Providers
Institutional investors now have a mechanism to access this asset class.
ILS funds, systematic hedge funds, re-insurers - earning uncorrelated yield on short-duration, fully collateralized parametric swaps.
  • Short-duration (30–180 day), oracle-settled parametric swaps. Collateral in independent custody before coverage begins. 48-hour settlement target.
  • Zero adverse selection and zero origination cost. Rialta's AI engine sources qualified operators. CPs own all modelling and pricing.
  • Indicative yield of 15–20% annualized. Contract Fee on deployed collateral plus SOFR carry.
  • Secondary market exit available before maturity.
Connect with Us
Investors
First-mover exchange in a $600B+ market - built to deliver an outsized return.
Pre-seed equity investors evaluating a capital-efficient, regulatory-moated marketplace with three fee streams and zero underwriting exposure.
  • First-mover CFTC SEF in a $600B+ market with no incumbent. One federal license covers all 50 states. Three fee streams, zero underwriting exposure, zero balance sheet risk.
  • Capital-efficient model: no regulatory capital, no claims infrastructure. AI origination engine that compounds with every contract - driving structural cost decline and proprietary data advantage.
  • EBITDA-positive Year 4. 61% EBITDA margin in Year 5. $21M total funding to breakeven.
Round Status
$5M
Seed Target
Q2 2026
Target Close
Open
Status
Connect with Us

Leadership

The Team

Built by seasoned leaders with a track record of launching and scaling businesses and attracting weapons-grade talent.

Peter Berczi
Chief Executive Officer
Peter Berczi

Serial founder with successful exits including InsLogic (insurtech). Leading Rialta's company strategy, CFTC SEF designation process, and institutional capital provider acquisition.

Mark Segal
Chief Technology Officer
Mark Segal

Former CIO at CBI Health and SVP Technology at Rogers Communications. Leading Rialta's platform architecture, AI origination engine, and technology infrastructure.

Rob Turner
Chief Revenue Officer
Rob Turner

Former CEO of Adastra, a global Data & AI consultancy with a successful PE exit. Leading Rialta's Operator origination strategy and partner channel ecosystem development, alongside overall business operations and finance.

Progress to Date

Built while we raise.

Production pilot built
Demo available on request to qualified investors and capital providers.
Five-year financial model complete
Unit economics defined. Return profile modelled across sensitivity scenarios.
Regulatory & competitive analysis complete
Competitor categories and key players mapped. CFTC SEF counsel engaged. Designation timeline defined.

Get in Touch

Connect with Us.

Tell us about your interest. We respond to all inquiries within one business day.

Capital Providers Full deal flow documentation, CP onboarding overview, and platform economics available to qualified counterparties.
Investors Full financial model, regulatory analysis, and team background available under NDA to qualified investors.