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Backing teams solving hard problems

Backing teams solving hard problems

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  • North America
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  • Insurtech distribution
  • MGAs / Full stacks insurers
  • Enterprise SaaS
  • Applied AI / ML
  • Wealth & asset management
  • HR & employee benefits

Akur8

Akur8 is transforming insurance pricing with explainable AI. Their SaaS solution allows actuaries to build more predictive risk models and reduce loss ratios in a transparent and compliant manner.
Initial investment: 2020 (Early Stage)
HQ: Paris, France
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Bold Penguin

Bold Penguin has built a software platform and commercial insurance exchange to dramatically improve an agent's experience.
Initial investment: 2019 (Early Stage)
HQ: Columbus, OH, USA
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Corvus

Corvus is an MGA that sells technology-based cyber insurance products through brokers.
Initial investment: 2020 (Early Stage)
HQ: Boston, MA, USA
With European operations
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Cybercube

CyberCube's platform offers cyber risk aggregation modeling and insurance underwriting services focusing on solving important cyber risk challenges in insurance.
Initial investment: 2020 (Early Stage)
HQ: San Francisco, CA, USA
With European operations
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Embroker

Embroker is an online commiercial broker and MGA that provides a variety of SMB coverages from leading insurance carriers, as well as its own policies.
Initial investment: 2019 (Early Stage)
HQ: San Francisco, CA, USA
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Hypatos

Hypatos uses machine learning and natural language processing to automate document processing for large enterprises.
Initial investment: 2022 (Early Stage)
HQ: Berlin, Germany
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Inshur

Inshur is a mobile-first MGA that offers commercial auto insurance to rideshare and TLC drivers. The Company is expanding in key markets.
Initial investment: 2018 (Early Stage)
HQ: New York, NY, USA
With European operations
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Insurify

Insurify lets you compare quotes from top national and regional insurance companies in 2 minutes, and buy your policy online or over the phone in 5 minutes.
Initial investment: 2019 (Early Stage)
HQ: Boston, MA, USA
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Integriant

Integriant's platform allows users to comparison shop and secure. Medicare Supplement insurance plans that meet their specific needs.
Initial investment: 2020 (Seed)
HQ: McLean, VA, USA
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Matic

Matic combines cutting-edge technology, a rich dataset from its channel partners and a dedicated team of insurance agents to insurance shopping.
Initial investment: 2019 (Early Stage)
HQ: Columbus, OH, USA
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Napo

Napo's digital insurance product helps consumers to protect and take better care of their pets.
Initial investment: 2022 (Seed)
HQ: London, UK
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Net Purpose

Net Purpose provides data on listed companies environmental, social and governance (ESG) performance to the global asset management industry.
Initial investment: 2022 (Early Stage)
HQ: London, UK
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Ocho

Ocho is a digital insurance agency targeting underbaked consumers. Ocho's unique payment terms enable customers to build credit while paying their insurance premiums.
Initial investment: 2021 (Seed)
HQ: San Francisco, CA, USA
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Openly

Openly is a tech-enabled personal lines insurer focused exclusively on the independent agent channel.
Initial investment: 2022 (Growth)
HQ: Boston, MA, USA
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Peppy

Peppy provides telemedicine and digital advice on female health and wellness issues through the employee benefits channel.
Initial investment: 2022 (Early Stage)
HQ: London, UK
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Plum Life

Plum Life is a digital life insurance BGA that distributes insurance products exclusively through the independent agent/advisor channel.
Initial investment: 2022 (Seed)
HQ: Warren, NJ, USA
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Polly

Polly's platform allows auto dealers to seamlessly add an insurance shopping experience into the car purchase process.
Initial investment: 2019 (Early Stage)
HQ: Colchester, VT, USA
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Property Lens

Property Lens provides prospective home buyers with a comprehensive property history and risk assessment report, using thousands of data points to inform and protect homebuyers.
Initial investment: 2023 (Early Stage)
HQ: San Diego, CA, USA
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Qumis

Qumis is an AI-powered co-pilot for understanding complex insurance policy language (initially focused on commercial P&C lines).
Initial investment: 2024 (Early Stage)
HQ: Chicago, IL, USA
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Rest Less

Rest Less is a platform for over-50s to find jobs and volunteering opportunities, make friends and meet new partners, and manage their finances online.
Initial investment: 2021 (Early Stage)
HQ: London, UK
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Thinksurance

Thinksurance's multi-carrier Saas platform allows brokers to place commercial insurance more efficiently.
Initial investment: 2022 (Early Stage)
HQ: Frankfurt, Germany
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Timeline

Timeline provides modern financial planning tools and low-cost investment solutions to independent financial advisors in the UK.
Initial investment: 2022 (Early Stage)
HQ: London, UK
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Unqork

Unqork is a no-code application development platform built for enterprises.
Initial investment: 2020 (Growth)
HQ: New York, NY, USA
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Verituity

Verituity enables banks and enterprises to replace antiquated paper-based check processes with a secure, real-time digital disbursements platform that reduces payout failures and improves the customer experience.
Initial Investment: 2024 (Early Stage)
HQ: McLean, VA, USA
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Voxel

Using state-of-the-art computer vision technology and AI, Voxel integrates with existing security cameras to identify hazards and risky behaviors across a diverse array of workplace environments.
Initial investment: 2021 (Seed)
HQ: San Francisco, CA, USA
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Zuub

Zuub is an end-to-end revenue cycle management software provider for dental practices. Zuub's platform automates insurance verification, treatment plan presentation, and payments collections for practices.
Initial investment: 2021 (Seed)
HQ: Los Angeles, CA, USA
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OUR SEED PROGRAM

Irys

IRYS is a full stack agency management system (AMS) designed by former insurance agents who deeply understand the needs of agents and the shortcomings of existing products on the market.
Initial investment: 2023
HQ: Tampa, FL
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Monitaur

Monitaur offers a SaaS solution for model governance and compliance in highly regulated industries like insurance and healthcare. Monitaur’s SaaS platform conducts an automated audit of actuarial and underwriting models that detect and alert if there are any discriminatory factors influencing outcomes.
Initial investment: 2021
HQ: Boston, MA
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Pendella

Pendella is an enterprise SaaS platform and fully licensed insurance agency that partners with PEOs, HR/payroll companies, and other channel partners to market and sell individual life and disability insurance through a multi-carrier marketplace.
Initial investment: 2022
HQ: Fort Meyers, FL, USA
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Stere

Stere is a one-stop shop connecting capacity providers interested in embedding insurance into their sales process. Stere offers infrastructure and API layers for businesses to implement insurance solutions in-house.
Initial investment: 2022 (Early Stage)
HQ: New York, NY, USA
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