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 Motor Insurance

Crabi

Venture Round in 2022
Crabi is a vertically-integrated Insurtech carrier which uses big data to analyze individual driving behavior

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.

iMotorbike

Venture Round in 2021
iMotorbike is the #1 motorbike online classified-ads E-commerce website in South East Asia, providing a fast, secure, simple and trouble free online experience with a wide variety of product range, setting itself apart from what exists in the market. iMotorbike offers three main categories: motorbikes, parts and accessories. For a complete 360° experience, iMotorbike also enables users the access to services such as insurance and financing. At iMotorbike we always strive to offer our customers the best experience through a complete and efficient online ecosystem for motorbike users, lovers and professionals.

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.

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.

invygo

Seed Round in 2020
Invygo Tech FZ LLC, founded in 2018 and based in Dubai, United Arab Emirates, offers an app-based car subscription service that allows users to book dealership-verified cars on a rental basis. Customers can easily browse available vehicles, upload their driving license, and complete all necessary documentation within the app. The service includes free home delivery of the chosen car within hours and provides a flexible monthly payment model without long-term commitments or hidden fees. Users can also request servicing or return their car with a simple tap, making it a convenient alternative to traditional car ownership and leasing. Invygo aims to deliver a high-quality customer experience, catering to those seeking more flexible automotive solutions.

Telgani

Seed Round in 2020
Telgani is a car rental service that operates through an online portal and mobile application, allowing customers to conveniently rent vehicles at competitive prices. Founded in 2018, the company is headquartered in Riyadh, Saudi Arabia. Telgani aims to simplify the car rental process, offering a user-friendly platform for individuals seeking to quickly access their preferred vehicles.

Tasaira

Seed Round in 2020
Tasaira is a mobile app that helps Saudi drivers get tailored quotes from trusted repair shops.

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.

Garaji

Seed Round in 2020
Garaji is an online auto marketplace that connects car owners with workshops for routine maintenance and repairs. Car owners select the service or repair they need, select a quality garage, and specify the location, date, and time for their pick up. The car is then collected by a garaji valet or tow truck, brought into the workshop, and returned at the customer's convenience when the work is completed. Owners benefit from independent service advice, a $1m insurance policy whilst the car is in garaji's possession and a six-month warranty with every service completed by one of garaji's service partners. Omar Yaghm, Ahmed Almutaf, and Ramy Basaddiq founded the company in 2018 in Dubai, Dubai.

SiamCarDeal

Seed Round in 2020
SiamCarDeal.com Which is a website that provides information, knowledge, news about cars All types of vehicles And information of service providers or distributors Information provided or available on the website is for the benefit of you all. The company would like to notify the terms and conditions of the service to be an agreement and understanding about the use of the website as follows

Telgani

Seed Round in 2019
Telgani is a car rental service that operates through an online portal and mobile application, allowing customers to conveniently rent vehicles at competitive prices. Founded in 2018, the company is headquartered in Riyadh, Saudi Arabia. Telgani aims to simplify the car rental process, offering a user-friendly platform for individuals seeking to quickly access their preferred vehicles.

invygo

Pre Seed Round in 2019
Invygo Tech FZ LLC, founded in 2018 and based in Dubai, United Arab Emirates, offers an app-based car subscription service that allows users to book dealership-verified cars on a rental basis. Customers can easily browse available vehicles, upload their driving license, and complete all necessary documentation within the app. The service includes free home delivery of the chosen car within hours and provides a flexible monthly payment model without long-term commitments or hidden fees. Users can also request servicing or return their car with a simple tap, making it a convenient alternative to traditional car ownership and leasing. Invygo aims to deliver a high-quality customer experience, catering to those seeking more flexible automotive solutions.

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.

SiamCarDeal

Seed Round in 2019
SiamCarDeal.com Which is a website that provides information, knowledge, news about cars All types of vehicles And information of service providers or distributors Information provided or available on the website is for the benefit of you all. The company would like to notify the terms and conditions of the service to be an agreement and understanding about the use of the website as follows

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.

Cars24

Series C in 2018
CARS24 Services Pvt. Ltd. is a technology-driven marketplace based in Gurugram, India, that specializes in buying and selling pre-owned cars. Founded in 2015, the company aims to streamline the used car transaction process, offering vehicle owners a reliable platform to sell their cars at competitive prices. CARS24 employs an AI-enabled pricing algorithm to accurately assess vehicle market values and provides car inspection and valuation services. The platform facilitates appointment bookings for vehicle inspections, enhancing the overall customer experience. Additionally, CARS24 operates a financial services division that offers various lending products related to vehicle purchases. The company is supported by prominent investors and operates as a subsidiary of Global Car Group, reflecting its growing influence in the automotive marketplace.

Drivemate

Seed Round in 2018
Drivemate Co., Ltd. operates a peer-to-peer car sharing platform in Thailand, facilitating car rental services through its website. Founded in 2016 and based in Suanluang, the company connects vehicle owners with renters, allowing car owners to monetize their vehicles while providing renters with convenient access to a variety of cars nearby. Drivemate enhances trust between users by offering full insurance coverage and dedicated customer service. The platform aims to reduce fuel wastage and promote sustainable development by enabling efficient use of vehicles in the community, making it easier for individuals to travel without hidden charges.

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.

Telgani

Pre Seed Round in 2018
Telgani is a car rental service that operates through an online portal and mobile application, allowing customers to conveniently rent vehicles at competitive prices. Founded in 2018, the company is headquartered in Riyadh, Saudi Arabia. Telgani aims to simplify the car rental process, offering a user-friendly platform for individuals seeking to quickly access their preferred vehicles.

Garaji

Seed Round in 2018
Garaji is an online auto marketplace that connects car owners with workshops for routine maintenance and repairs. Car owners select the service or repair they need, select a quality garage, and specify the location, date, and time for their pick up. The car is then collected by a garaji valet or tow truck, brought into the workshop, and returned at the customer's convenience when the work is completed. Owners benefit from independent service advice, a $1m insurance policy whilst the car is in garaji's possession and a six-month warranty with every service completed by one of garaji's service partners. Omar Yaghm, Ahmed Almutaf, and Ramy Basaddiq founded the company in 2018 in Dubai, Dubai.

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.

iMotorbike

Pre Seed Round in 2017
iMotorbike is the #1 motorbike online classified-ads E-commerce website in South East Asia, providing a fast, secure, simple and trouble free online experience with a wide variety of product range, setting itself apart from what exists in the market. iMotorbike offers three main categories: motorbikes, parts and accessories. For a complete 360° experience, iMotorbike also enables users the access to services such as insurance and financing. At iMotorbike we always strive to offer our customers the best experience through a complete and efficient online ecosystem for motorbike users, lovers and professionals.

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.

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.

Claim Di

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

iMoney Group

Series A in 2013
iMoney is SE Asia's biggest and fastest-growing financial comparison portal with headquarters in Kuala Lumpur and operations in Singapore, Indonesia, Philippines, Hong Kong and Thailand. It compares credit cards, loans, broadband and insurance by providing consumers with the convenience of online comparison and the benefit of telephone-based advice. iMoney uses technology to offer consumers a free analysis of their product needs followed by a comprehensive review of products from its product provider panel. This enables consumers to avoid visiting multiple suppliers to compare products as well as applying directly from their desktop or mobile using our secure application process.

HiGear

Seed Round in 2011
HiGear is a private car-sharing club for luxury and sports cars. You can rent amazing cars from real people like you in your city. Members can share and rent luxury cars from each other within a trusted, secure community of car enthusiasts. Members typically enjoy prices that are 50% off or more, and also generate extra income by making their cars available to other members when not in use.