500 Labs

500 Global, formerly known as 500 Startups, is a venture capital firm and incubator based in Mountain View, California, founded in 2010. The firm specializes in seed investments, primarily focusing on early-stage technology and financial services startups across various sectors, including biotech, e-commerce, fintech, and digital healthcare. 500 Global operates a four-month accelerator program, where it typically invests between $0.05 million and $1 million for a 5 to 10 percent equity stake in companies with at least $100,000 in monthly revenue. The firm targets a global market, with particular emphasis on regions such as the Middle East, Asia, Europe, and Latin America. Since its inception, it has invested in over 2,200 startups and supports the growth of innovation ecosystems through educational programs and partnerships. 500 Global also prioritizes investments in companies led by minority founders, reflecting its commitment to diverse entrepreneurial leadership.

Amjad Ahmad

General Partner

Chandini Ammineni

Partner

André Marcel Bally

Investor Relations Associate

Amal Enan

Partner

Max Fram-Schwartz

Venture Partner

Twwo Pun Jaruthassanakul

Investment Associate

Yolanda Kim

Principal

Matt Lerner

Partner

Jon Li

Director, Investor Relations

Jasmine Liew

Investment Manager

Robert Neivert

Venture Partner

Khailee Ng

Managing Partner

Krating Poonpol Ph.D

Partner

Ruangroj Poonpol

Venture Partner

Natavudh Pungcharoenpong

Partner

Mameaw Sapprasert

Partner

Reena Sharma

Investor Relations Associate

Mike Sigal

Partner, FinTech

Sanjay Singhal

Partner, Canada

Tanya Soman

Venture Partner

Paulina Szyrmer

Head of Global Education

Pat Naranpat Thitipattakul

Investor

Tony Wang

Managing Partner

Paul Yoo

Chief Financial Officer

Past deals in Insurance

Optimity

Series A in 2022
Optimity Inc. operates a corporate wellness platform designed to enhance employee engagement through the incorporation of micro-habits. The platform enables workers to take brief, productive breaks lasting from 30 seconds to two minutes, during which they can practice health-focused activities aimed at improving mood, focus, and social connections within their workplace culture. Optimity offers a range of micro-habits, including stress-relief exercises, stretches, mindfulness practices, and hydration reminders, catering to diverse professionals from various industries. The company employs behavioral science strategies, gamification, and community engagement to motivate users towards healthier choices. Targeting B2B clients, particularly in the life insurance sector, Optimity helps organizations reduce acquisition costs by generating quality leads through its wellness initiatives. Headquartered in Toronto, Canada, Optimity was previously known as myHealthSphere Inc.

Clinikk

Seed Round in 2021
Dedicated Care team of Doctors and Health Assistants, available 24/7.Budget friendly payment plans with comprehensive claim support.Holistic Healthcare coverage for the underserved.

doc-doc

Seed Round in 2021
doc-doc is a HealthTech company that provides: A Digital-Insurance for patients that can Access in seconds to Top Medical Specialists, Psychologist, Nutritionists, Coaches, E-Pharmacy, and Exams; Wellness Benefits for Companies that want to see their employees healthier, happier, and productive; Saas for Hospitals, IPS (Small Hospitals) & Doctors that want to increase their revenue and optimize their operations; Primary-Care Services and Saas for Insurance Companies that want to reduce cost and increase retention of their patients

Super Seguros

Series A in 2021
Super Seguros is an insurance company that developed radical insurance products. The company's automated assessment technology allows its users to buy a policy today and covered tomorrow. It was founded in 2019 and headquartered in Mexico City, Distrito Federal.

Ansel Health

Series A in 2021
Brella is modernizing supplemental health benefits to build a world where health hardship doesn’t mean financial hardship. Brella’s simple supplemental plan covers 13,000+ conditions and pays cash on the diagnosis that you can use for anything that is needed on the road to recovery. Brella Insurance was founded in 2019 and is based in Hoboken, New Jersey.

Briza

Series A in 2021
Briza, Inc. is a Toronto-based company that specializes in an online insurance-as-a-service platform, launched in 2016. The platform facilitates instant quoting, binding, and issuance of commercial insurance policies, serving as a marketplace for automated underwriting models. By providing a comprehensive API, Briza enables organizations, including insurance agencies and consumer applications, to integrate commercial insurance solutions seamlessly. This infrastructure allows insurers to deliver their products in a digital format quickly and cost-effectively, catering primarily to small business clients.

Smartia

Venture Round in 2021
Smartia Assessoria e Corretagem de Seguros S.A. operates as an online insurance broker that sells car, motorcycle, truck, taxi, and fleet insurance. It also serves insurance companies for hiring condominium, home, business, and health insurance, as well as for specialized services. The company was founded in 2010 and is based in Rio de Janeiro, Brazil. As of January 3, 2018, Smartia Assessoria e Corretagem de Seguros S.A. operates as a subsidiary of QuinStreet, Inc.

Clinikk

Seed Round in 2020
Dedicated Care team of Doctors and Health Assistants, available 24/7.Budget friendly payment plans with comprehensive claim support.Holistic Healthcare coverage for the underserved.

Jasper

Seed Round in 2020
Jasper offers an online platform that allows its users to Simplify their job with online booking, virtual insurance and intake collection, mobile bill payments, and approval payment plans.

Briza

Seed Round in 2020
Briza, Inc. is a Toronto-based company that specializes in an online insurance-as-a-service platform, launched in 2016. The platform facilitates instant quoting, binding, and issuance of commercial insurance policies, serving as a marketplace for automated underwriting models. By providing a comprehensive API, Briza enables organizations, including insurance agencies and consumer applications, to integrate commercial insurance solutions seamlessly. This infrastructure allows insurers to deliver their products in a digital format quickly and cost-effectively, catering primarily to small business clients.

doc-doc

Pre Seed Round in 2020
doc-doc is a HealthTech company that provides: A Digital-Insurance for patients that can Access in seconds to Top Medical Specialists, Psychologist, Nutritionists, Coaches, E-Pharmacy, and Exams; Wellness Benefits for Companies that want to see their employees healthier, happier, and productive; Saas for Hospitals, IPS (Small Hospitals) & Doctors that want to increase their revenue and optimize their operations; Primary-Care Services and Saas for Insurance Companies that want to reduce cost and increase retention of their patients

Zipia

Seed Round in 2020
Zipia unlocks the digital channel for insurance carriers and agents, connecting them with qualified and engaged consumers in real time via call, chat or WhatsApp. Our solution combines state-of-the-art technology with digital marketing expertise in a very simple web platform that empowers agents to sell more effectively, with detailed dashboards that provide complete transparency on performance and ROI.

Super Seguros

Seed Round in 2020
Super Seguros is an insurance company that developed radical insurance products. The company's automated assessment technology allows its users to buy a policy today and covered tomorrow. It was founded in 2019 and headquartered in Mexico City, Distrito Federal.

Jones

Seed Round in 2019
The Jones Agency, Inc. is a liability insurance underwriting company that specializes in serving general construction and property management contractors. Founded in 2016 and based in New York, it provides insurance solutions tailored for various professions, including contractors, electricians, HVAC technicians, and landscapers. In addition to its underwriting services, Jones offers a software platform designed to streamline liability management for real estate companies, addressing the complexities of insurance compliance. This innovative approach aims to simplify the traditionally cumbersome process of managing insurance certificates for owners, managers, and developers within the commercial real estate sector. Through its services, Jones seeks to enhance efficiency and effectiveness in insurance management for its clients.

Vouch

Series A in 2019
Vouch, Inc. is an insurance provider focused on delivering tailored insurance solutions for startups in the United States. Founded in 2016 and headquartered in San Francisco, the company specializes in various types of coverage, including general liability, business property, directors and officers, errors and omissions, cyber coverage, and more. Vouch also offers risk assessment services and management tools, enabling startups to effectively manage and mitigate potential risks. The company aims to simplify the process of obtaining business insurance through its digital platform, which allows clients to access customized coverage options. Vouch operates as a subsidiary of SVB Financial Group and has expanded its presence with additional offices in Chicago.

Mango Insurance

Seed Round in 2019
Mango Insurance is an insurance company in Vietnam.

TaCerto.com

Seed Round in 2019
TaCerto.com is an online insurance broker that provides financial planning services to its customers. Individuals can get real-time quotes on financial products for home, life, health, travel, and automotive needs. It was launched in 2011.

Super Seguros

Seed Round in 2019
Super Seguros is an insurance company that developed radical insurance products. The company's automated assessment technology allows its users to buy a policy today and covered tomorrow. It was founded in 2019 and headquartered in Mexico City, Distrito Federal.

Optimity

Seed Round in 2018
Optimity Inc. operates a corporate wellness platform designed to enhance employee engagement through the incorporation of micro-habits. The platform enables workers to take brief, productive breaks lasting from 30 seconds to two minutes, during which they can practice health-focused activities aimed at improving mood, focus, and social connections within their workplace culture. Optimity offers a range of micro-habits, including stress-relief exercises, stretches, mindfulness practices, and hydration reminders, catering to diverse professionals from various industries. The company employs behavioral science strategies, gamification, and community engagement to motivate users towards healthier choices. Targeting B2B clients, particularly in the life insurance sector, Optimity helps organizations reduce acquisition costs by generating quality leads through its wellness initiatives. Headquartered in Toronto, Canada, Optimity was previously known as myHealthSphere Inc.

Custodian

Seed Round in 2018
Custodian blends technology with reliable, time-saving claims management systems enabling companies to focus on their core business.

Kayum

Seed Round in 2018
Kayum simplifies personal insurance for Latin American consumers, starting in Mexico. The Mexican market is mostly opaque with complicated offers; it’s also expensive partly because 43% of premiums are spent on SG&A. Consumers actively research insurance online, performing 110 million Insurance-related searches every year. To satisfy this demand and close the coverage gap, Kayum offers price comparison aided by personalized, AI-generated recommendations helping consumers make the best choice.

justInCase

Seed Round in 2018
justInCase, Inc. provides smartphone repair cost, accident, and credit card insurance services. The company also offers a mobile application which enables users to buy insurance coverage from insurance providers, for repair cost insurance; upload photos and details of a smart-phone or wearable device; and use artificial intelligence (AI) to determine the premium. Additionally, it allows users to pool to pay insurance premiums. justInCase, Inc. was founded in 2016 and is based in Tokyo, Japan.

Laka

Pre Seed Round in 2018
Laka Ltd, founded in 2017 and based in London, United Kingdom, specializes in insurance brokerage services for bicycles, ebikes, and related accessories. The company has developed a peer-to-peer insurance platform that allows users to insure their bicycles and cycling equipment against theft, damage, and vandalism. Laka's innovative approach leverages a community-driven model, where members collectively contribute to a shared pool, ensuring that users receive fair pricing for coverage. This model not only addresses theft and loss but also offers recovery advice and support, making it a cost-effective and equitable solution for cyclists seeking insurance.

Jones

Seed Round in 2018
The Jones Agency, Inc. is a liability insurance underwriting company that specializes in serving general construction and property management contractors. Founded in 2016 and based in New York, it provides insurance solutions tailored for various professions, including contractors, electricians, HVAC technicians, and landscapers. In addition to its underwriting services, Jones offers a software platform designed to streamline liability management for real estate companies, addressing the complexities of insurance compliance. This innovative approach aims to simplify the traditionally cumbersome process of managing insurance certificates for owners, managers, and developers within the commercial real estate sector. Through its services, Jones seeks to enhance efficiency and effectiveness in insurance management for its clients.

Claim Di

Venture Round in 2018
Claim Di mobile application for facilitating communication and claims between drivers and their insurance companies.

Mira

Seed Round in 2018
Mira Financial, Inc. provides online insurance brokerage services. The company's online platform helps compare the quotes from different insurers and provides advice to buy a policy that fits the customer. Mira Financial, Inc. was founded in 2016 and is based in New York, New York.

Kin Insurance

Series A in 2018
Kin Insurance, Inc. is an insurance agency founded in 2016 and headquartered in Chicago, Illinois, with additional offices in St. Petersburg, Florida. The company specializes in home insurance products, offering a range of coverage options including homeowners, mobile home, condo, flood, manufactured home, landlord, umbrella, hurricane, wildfire, and second home insurance. Kin Insurance utilizes an online platform that simplifies the application process, allowing customers to customize their policies based on thousands of property data points. This approach ensures that homeowners receive personalized and affordable coverage tailored to their specific needs. With payment processing facilities in Palatine and Chicago, Kin Insurance aims to provide a user-friendly experience while helping clients secure their assets effectively.

Clearcover

Series A in 2017
Clearcover, Inc. is a digital car insurance provider headquartered in Chicago, Illinois, founded in 2016. The company offers an online platform that enables customers to obtain automobile insurance at competitive rates. Clearcover employs an API-first approach to streamline the insurance process, allowing for an intuitive and efficient quote experience. By leveraging advanced technology and minimizing traditional advertising expenses, Clearcover is able to pass savings onto its customers while providing comprehensive coverage options. The company sells its insurance products both through agents and directly online, catering to a wide range of customer needs.

Jones

Pre Seed Round in 2017
The Jones Agency, Inc. is a liability insurance underwriting company that specializes in serving general construction and property management contractors. Founded in 2016 and based in New York, it provides insurance solutions tailored for various professions, including contractors, electricians, HVAC technicians, and landscapers. In addition to its underwriting services, Jones offers a software platform designed to streamline liability management for real estate companies, addressing the complexities of insurance compliance. This innovative approach aims to simplify the traditionally cumbersome process of managing insurance certificates for owners, managers, and developers within the commercial real estate sector. Through its services, Jones seeks to enhance efficiency and effectiveness in insurance management for its clients.

SO-SURE

Seed Round in 2017
SO-SURE Limited specializes in mobile insurance, providing innovative insurance plans to customers in the United Kingdom. Founded in 2014 and based in London, the company aims to enhance consumer trust in the insurance industry. As a fully delegated authority managing general agent (MGA), SO-SURE has digitalized the entire insurance value chain and developed proprietary models and anti-fraud technology. This approach offers consumers a significantly improved claims experience, allowing for claims to be processed up to ten times faster and easier. Additionally, consumers benefit from the potential to receive up to 80% of their premiums back each year if they do not make a claim. For underwriters, SO-SURE's model expands the addressable market while simultaneously reducing loss ratios, creating a mutually beneficial environment for both consumers and insurers.

Ledger Investing

Seed Round in 2017
Ledger Investing Inc. operates an online marketplace that connects insurers with institutional investors seeking to invest in various classes of insurance risk. Founded in 2016 and based in Washington, D.C., the platform allows asset managers, pension funds, hedge funds, and family offices to access a new asset class that offers the potential for returns uncorrelated with broader capital markets. The company capitalizes on recent trends where significant capital influx from long-term institutional investors is directed towards direct insurance investments. Additionally, Ledger Investing leverages technology to transform business models and create efficient marketplaces, enhancing the connection between buyers and sellers in the insurance sector. The firm is supported by Y Combinator.

Zentist

Seed Round in 2017
Zentist is a dental insurance billing platform for dental practices that delivers improved practice financial performance and patient affordability. The company offers end to end insurance claims processing powered by high tech machine learning algorithms. It also provides easy management and weekly reporting for ultimate transparency and tailored data-driven recommendations to help maximize the insurance claim reimbursements.

PolicyPal

Seed Round in 2017
PolicyPal Pte. Ltd. develops PolicyPal, a digital insurance management application that enables consumers to manage their insurance policies of various insurers into a platform. The company’s PolicyPal application allows users to upload their existing policies to understand their insurance coverage summary. Its PolicyPal application works for policies purchased in Singapore. The company was founded in 2016 and is headquartered in Singapore.

BenRevo

Seed Round in 2017
For employers who purchase health insurance, BenRevo is a platform that brings the shopping experience online. The current method of buying insurance used by brokers, employers and insurance carriers is paper heavy, error prone and time consuming. BenRevo simplifies this process by connecting all parties through a digital marketplace. And by doing so BenRevo will limit errors, imrove plans and price transparency, and automate the $185B mid market insurance space.

BenRevo

Seed Round in 2017
For employers who purchase health insurance, BenRevo is a platform that brings the shopping experience online. The current method of buying insurance used by brokers, employers and insurance carriers is paper heavy, error prone and time consuming. BenRevo simplifies this process by connecting all parties through a digital marketplace. And by doing so BenRevo will limit errors, imrove plans and price transparency, and automate the $185B mid market insurance space.

Willing

Series A in 2016
Willing is an online legal service that simplifies the process of end-of-life planning, making it accessible and affordable for all. The platform provides users with tools to create wills and living wills quickly, allowing them to secure their estate plans in just minutes. Additionally, Willing assists users in comparing costs for funeral homes and cemeteries, facilitating informed decisions regarding their end-of-life arrangements. By focusing on user-friendly solutions, Willing helps individuals protect their families and assets while saving time and money.

TaCerto.com

Seed Round in 2016
TaCerto.com is an online insurance broker that provides financial planning services to its customers. Individuals can get real-time quotes on financial products for home, life, health, travel, and automotive needs. It was launched in 2011.

INZMO

Seed Round in 2016
INZMO Insurance OÜ develops an application that enables users to buy insurance products at low prices. It offers INZMO, an application that enables users to buy travel, bicycle, car, motorcycle, pet, and smart device insurance in Estonia. The company also provides support, damage assessment, and roadside assistance services. Its application is available on iOS and Android devices. INZMO Insurance OÜ was founded in 2016 and is based in Tallinn, Estonia.

VisionX

Seed Round in 2016
VisionX is a platform that makes the distribution of insurance products more efficient on a global scale, helping both insurance companies, aggregators and insurance agents along the way. VisionX connects insurance companies with multiple channels with a technology that allows quoting and purchasing in real-time.

Embroker

Series A in 2016
Embroker, Inc. is a digital insurance brokerage that specializes in providing insurance services for small and mid-sized businesses. Founded in 2015 and headquartered in San Francisco, with additional offices in Chicago and Boston, the company utilizes an online platform that enables clients to buy, manage, and analyze their commercial insurance policies efficiently. This platform allows users to share, request, and track proof of coverage through digital certificates of insurance and provides tools for real-time claims tracking. Embroker offers a variety of insurance products, including Commercial General Liability, property insurance, professional liability, and employee benefits, among others. The company also facilitates peer comparison, helping clients benchmark their policies against industry standards. By combining technology with brokerage expertise, Embroker aims to simplify the insurance process and enhance value for its clients in the competitive property and casualty insurance market.

Claim Di

Series A in 2015
Claim Di mobile application for facilitating communication and claims between drivers and their insurance companies.

Allay

Seed Round in 2015
Allay Inc. is a benefits consulting company that focuses on providing an online platform for small to medium-sized businesses to manage their employee benefits and health insurance purchasing in a paperless manner. The company allows businesses to collaborate with their preferred brokers to purchase, fund, and administer health insurance plans effectively. Allay specializes in self-funded and level-funded insurance products and assists benefits advisors in modeling various healthcare vendor options and stop-loss insurance contracts. This capability enables consultants to recommend the most cost-effective vendor combinations tailored to specific populations and locations, ultimately leading to improved quality of care and reduced costs for clients. Incorporated in 2014 and based in San Francisco, California, Allay operates as a subsidiary of Novo Benefits, LLC.

Embroker

Seed Round in 2015
Embroker, Inc. is a digital insurance brokerage that specializes in providing insurance services for small and mid-sized businesses. Founded in 2015 and headquartered in San Francisco, with additional offices in Chicago and Boston, the company utilizes an online platform that enables clients to buy, manage, and analyze their commercial insurance policies efficiently. This platform allows users to share, request, and track proof of coverage through digital certificates of insurance and provides tools for real-time claims tracking. Embroker offers a variety of insurance products, including Commercial General Liability, property insurance, professional liability, and employee benefits, among others. The company also facilitates peer comparison, helping clients benchmark their policies against industry standards. By combining technology with brokerage expertise, Embroker aims to simplify the insurance process and enhance value for its clients in the competitive property and casualty insurance market.

Givesurance

Seed Round in 2014
Givesurance Insurance Services, Inc. is an insurance broker based in Woodland Hills, California, established in 2014. The company distinguishes itself by donating a portion of the commissions earned from insurance premiums to charitable organizations. It operates as a funding platform that allows supporters of charities to make recurring donations through their insurance payment systems. This model not only aids in generating new revenue streams for non-profit organizations but also aligns the financial interests of customers with their philanthropic goals. Through its innovative approach, Givesurance facilitates a seamless integration of charitable giving into everyday financial transactions.

Snapsheet

Series B in 2014
Snapsheet is a pioneer in virtual appraisals and a leader in cloud-native claims management software, enabling the most innovative claims organizations to deliver the best experiences for customers. With a focus on engagement, digitization, and intelligent automation, Snapsheet provides unmatched technology and processes that improve customer experience, drive greater organizational agility, and deliver transformational benefits through its Snapsheet Cloud software suite. Snapsheet leads the industry in claims innovation including the deployment of the fastest digital auto insurance claims process in the United States. As a trusted innovation partner, Snapsheet works with more than 100 clients, including many of the largest insurance carriers, third-party administrators, and insurtech and sharing economy disruptors.