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 Life and Health 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

Simone Health

Venture Round in 2021
Fig Health is a healthcare company that offers direct-to-consumer at-home health screening and coaching as well as supplements for women.

Simone Health

Seed Round in 2021
Fig Health is a healthcare company that offers direct-to-consumer at-home health screening and coaching as well as supplements for women.

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.

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.

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

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.

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.

OurHealthMate

Seed Round in 2018
OurHealthMate is a health and wellness company that provides a web-based platform for hospitals and clinics. Its platform allows its clients to manage their interactions with patients and monitor health conditions. It also features an online payment for health-checkups. The company was founded in 2013 and headquartered in San Francisco, California.

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.

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.

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.

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.

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.

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.

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.

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.

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.

ZendyHealth

Angel Round in 2014
ZendyHealth (ZH) makes it easier than ever before to search and save on health and dental services. ZH connects customers seeking standardized procedures to top local Certified Providers at affordable prices. Consumers are empowered to make smarter purchasing decisions and access care more affordably; they can choose their procedure -- when and where they want -- and at their own price. Providers increase business and fill excess capacity and address perishable inventory -- the end result being a win-win solution for customers and providers alike.