IAG Firemark Ventures

IAG Firemark Ventures is a corporate venture capital and incubation firm established by Insurance Australia Group in October 2016. Headquartered in Sydney, with additional offices in Surry Hills and Singapore, the firm focuses on making minority investments at various stages, including seed, early, and late-stage funding. IAG Firemark Ventures targets companies operating in sectors such as insurance, financial technology, insurance technology, artificial intelligence, machine learning, big data, cybersecurity, and the Internet of Things, primarily within Australia and Singapore.

Scott Gunther

Director of Commercial Development

28 past transactions

7Analytics

Venture Round in 2025
7Analytics develops an AI-driven climate risk assessment platform and data platform for sustainable planning, integrating hydrology, geology, and data science to generate high-precision risk models for flood prediction, resilience planning, and stormwater optimization.

Ravin AI

Venture Round in 2023
Founded in London in 2018, Ravin AI specializes in developing software for fleet tracking and vehicle condition reporting. Its autonomous artificial intelligence platform uses everyday cameras to inspect vehicles, benefiting car rental services, sales companies, and insurance processors by enhancing trust, detecting more damage, and reducing inspection costs.

Planck

Venture Round in 2023
Planck is a commercial insurance data platform that enhances the underwriting process for insurers through advanced technology and artificial intelligence. The platform aggregates extensive datasets to provide real-time analytics and insights, streamlining the assessment of risks associated with businesses. By automating the completion of ACORD forms and leveraging publicly available data, image processing, and company reports, Planck facilitates accurate and efficient underwriting. This approach minimizes the potential for fraud and errors, ultimately helping insurance providers to develop tailored policies and reduce loss ratios. Through its innovative solutions, Planck aims to transform the way insurance companies evaluate and underwrite risks in the commercial sector.

Near Space Labs

Venture Round in 2023
Near Space Labs is an aerial imagery and earth observation company based in the United States that specializes in providing high-quality geospatial information for various sectors. The company offers cloud-based delivery of fully processed images through its API, facilitating easy monitoring of assets across broad or specific areas. Near Space Labs supports businesses, government organizations, and partners by delivering actionable insights that enhance remote sensing capabilities. Its services are utilized in diverse fields, including insurance, utilities, infrastructure, conservation, smart cities, retail, energy, and disaster response. By monitoring construction progress and addressing issues such as pipeline leaks, vegetation encroachment, and weather-related damage, Near Space Labs enables clients to improve mobility, leisure, and urban planning.

OpenAgent.com.au

Venture Round in 2023
OpenAgent Pty Ltd. operates an online platform in Australia that allows property sellers to search for and compare real estate agents. Established in 2012 and based in Sydney, the platform enables users to evaluate agents based on their recent sales performance and customer reviews. The service is designed to enhance the property transaction experience by helping sellers find agents who can deliver on their promises, engage on favorable terms, and monitor the progress of their transactions. By leveraging data and customer feedback, OpenAgent aims to simplify the selling process and improve overall satisfaction in the real estate market.

Demyst

Venture Round in 2023
Demyst develops a cloud-based platform that automates data workflows. This platform connects with various upstream sources, provides real-time data access via APIs, and ensures safe, reliable data delivery for informed decision-making while maintaining regulatory compliance.

Trendspek

Series A in 2022
Trendspek develops drone-based data inspection software for asset managers. Its platform uses unmanned aircraft to capture inspection data and generate 3D models, accessible from any web browser. It enables site inspections without physical visits, delivering a complete picture of asset condition and enabling informed decision making. The software supports trend analysis across asset models, helping users monitor changes over time and support predictive maintenance. By providing comprehensive visibility and comparative insights in a web-based environment, Trendspek aims to reduce inspection costs and improve asset knowledge.

Plnar

Venture Round in 2022
Plnar is an insurtech company that transforms the insurance claims process. It uses AI-powered technology to create accurate interior space models from digital photos, enabling contactless inspections for property claims. This results in improved customer experiences, reduced cycle times, and lower costs.

Koordinates

Venture Round in 2022
Koordinates Limited is a geospatial data management platform based in Auckland, New Zealand, with an additional office in Wellington. Founded in 2005, the company focuses on facilitating the hosting, management, sharing, and publication of geospatial data. By connecting data publishers with professionals who utilize this information, Koordinates aims to enhance economic, environmental, and social outcomes. The platform enables users to access complex spatial datasets without the need for a standalone database, featuring an intuitive web interface for efficient data management and viewing. Additionally, it supports on-the-fly extraction, transformation, and loading (ETL) processes, allowing users to retrieve data in their preferred formats. Through its comprehensive services, Koordinates empowers a diverse range of professionals, from engineers and scientists to academics, to leverage data effectively in their work.

Valiant

Venture Round in 2022
Valiant is an online marketplace for business loans based in Surry Hills, Australia, founded in 2015. The company specializes in connecting small business owners and their advisers with various lenders, leveraging proprietary technology to streamline the search for financing options. Valiant's platform allows users to compare loan products, rates, terms, and fees, ensuring they can find the most suitable funding solutions. The company's mission is to simplify the loan selection process and empower small businesses to access timely and affordable financing.

UpGuard

Series B in 2021
UpGuard Inc. is a cybersecurity company that provides a comprehensive platform aimed at assessing and managing cyber risks. Founded in 2012 and headquartered in Mountain View, California, UpGuard offers tools such as the CyberSecurity Threat Assessment Report (CSTAR), which evaluates an organization's IT infrastructure and assigns a risk score that reflects potential vulnerabilities. Its solutions include integrity monitoring, configuration differencing, and advanced vulnerability analytics, which help clients identify security gaps and streamline compliance efforts. Additionally, UpGuard's platform automates the documentation of configuration states for servers and network devices, facilitating better risk assessment and management. The company's technology is utilized by numerous organizations, including major corporations, to enhance their security posture, improve DevOps initiatives, and support cybersecurity insurance procurement. UpGuard was previously known as ScriptRock Inc. before rebranding in January 2016.

Arturo

Series B in 2021
Arturo is an AI-driven company specializing in property analytics. It uses deep learning algorithms to generate detailed property information for residential and commercial properties, serving the insurance, reinsurance, lending, and securities markets.

Truuth

Venture Round in 2021
Truuth is a developer of digital identity tools aimed at mitigating the risk of identity fraud. The company provides a secure, accurate, and user-friendly digital identity solution that includes a suite of integrated enterprise services. These services feature passwordless authentication, fraud detection, and digital onboarding, enabling clients to effectively conduct Know Your Customer (KYC) processes and verify the accuracy of identity information. With a focus on enhancing security and user experience, Truuth addresses the growing demand for reliable identity verification in various sectors.

Soul Machines

Venture Round in 2021
Founded in 2016, Soul Machines specializes in developing emotionally responsive digital humans for AI platforms. Its products include Digital DNA Studio, enabling users to create custom avatars for various purposes such as customer care and marketing. Headquartered in Auckland, New Zealand, the company operates globally with offices across North America, Europe, Japan, and Australia.

Bluedot

Series B in 2020
Bluedot Innovation, Inc. specializes in location-based technology, providing a geofencing platform that enhances mobile applications and marketing strategies for various industries, including quick service restaurants, retail, and transportation. Founded in 2012 and headquartered in San Francisco, California, with additional offices in East Melbourne, Sydney, and Austin, Bluedot offers products such as Bluedot Point, a software development kit that enables brands to create engaging and interactive experiences for users. Their technology allows for precise identification of mobile app users when they arrive at businesses, place mobile orders, or navigate through tolls. Bluedot prioritizes user privacy by adhering to GDPR and CCPA guidelines, ensuring that personal information remains secure and is not shared or sold. The company’s solutions also include integration with various marketing clouds and support features like drive-thru services, click-and-collect, and loyalty programs.

Immuta

Series C in 2020
Immuta, Inc. is a data security company that specializes in providing organizations with a platform for managing data privacy, security, and access control. The Immuta Data Security Platform enables users to discover and classify sensitive data, implement access control policies, and monitor data usage without the need for coding. This automated data governance solution supports self-service access to data while ensuring compliance with various regulations. Immuta is utilized by a diverse range of industries, including finance, healthcare, government, and manufacturing, to facilitate cloud migration and secure collaboration. Founded in 2014 and headquartered in College Park, Maryland, with additional offices in Boston, Massachusetts and Columbus, Ohio, Immuta has established itself as a trusted partner for Fortune 500 companies and government agencies worldwide.

Digital Agriculture Services

Series A in 2020
Digital Agriculture Services (DAS) specializes in transforming rural asset management through the use of machine learning and artificial intelligence. Established in 2017 in collaboration with the Commonwealth Scientific and Industrial Research Organisation, DAS has developed a cloud-based rural intelligence platform that delivers reliable data and analytics for the Australian agricultural sector. This platform offers comprehensive coverage of rural properties, integrating scientifically supported and verified data with geographic insights. Clients benefit from automatic, evidence-based guidance, production forecasting, benchmarking, and exclusive digital agricultural insights from leading scientists. These capabilities empower users to effectively predict and manage agricultural investments and commerce.

Arturo

Series A in 2020
Arturo is an AI-driven company specializing in property analytics. It uses deep learning algorithms to generate detailed property information for residential and commercial properties, serving the insurance, reinsurance, lending, and securities markets.

Myriota

Series B in 2020
Myriota Pty. Ltd. is an Australian company based in Adelaide that specializes in developing low-power micro transmitters for satellite connectivity, primarily targeting the Internet of Things (IoT) market. Founded in 2015, Myriota's technology enables secure data transmission by using its low-power modules, which can be seamlessly integrated into various IoT devices. These devices send small packets of data to low Earth orbit satellites and ground stations, facilitating remote communication and monitoring. The firm's solutions cater to a diverse range of applications, including data-driven agriculture, resource asset management in sectors like oil and gas, mining, environmental monitoring, and defense. Myriota's innovations aim to enhance operational efficiency, reduce costs, and support data-driven decision-making across multiple industries.

ActivePipe Group

Convertible Note in 2019
ActivePipe Group is a developer of a cloud-based email marketing platform specifically designed for real estate agents and brokers. The platform leverages artificial intelligence to enhance marketing automation and data analytics, enabling users to maintain communication with potential clients more effectively. By automating the outreach process, ActivePipe helps agents eliminate cold calls and engage in more meaningful conversations, ultimately facilitating more successful transactions. Its predictive capabilities identify clients most likely to enter into a transaction and alert agents to potential opportunities within their database, streamlining the sales process and improving overall efficiency in client interactions.

Digital Agriculture Services

Venture Round in 2019
Digital Agriculture Services (DAS) specializes in transforming rural asset management through the use of machine learning and artificial intelligence. Established in 2017 in collaboration with the Commonwealth Scientific and Industrial Research Organisation, DAS has developed a cloud-based rural intelligence platform that delivers reliable data and analytics for the Australian agricultural sector. This platform offers comprehensive coverage of rural properties, integrating scientifically supported and verified data with geographic insights. Clients benefit from automatic, evidence-based guidance, production forecasting, benchmarking, and exclusive digital agricultural insights from leading scientists. These capabilities empower users to effectively predict and manage agricultural investments and commerce.

Quantiful

Venture Round in 2019
Quantiful is a technology company that provides big data, machine learning, and predictive analytics services, and develops a consumer behavior forecasting platform. The cloud-based demand-planning portal uses AI to forecast purchasing behaviors and market trends, enabling businesses to forecast product-level demand. It collects data from diverse sources such as econometrics, events, search, ratings, social media, forums, and web to identify customers and market signals. Through these capabilities, Quantiful aims to help clients optimize working capital and increase profits.

PropertySafe

Venture Round in 2018
PropertySafe is an Australian-owned national service specializing in safety inspections for residential properties across Australia and New Zealand. The company conducts assessments on behalf of property owners, landlords, and property managers to provide recommendations that enhance occupant safety. PropertySafe's unique inspection and reporting service aims to minimize the risk of legal damage claims against property management professionals resulting from tenant injuries. By educating landlords about tenant safety and maintaining an audit trail of landlord actions, PropertySafe helps reduce operational costs and ensures properties remain safe for occupants.

Life360

Funding Round in 2017
Life360 is a global platform designed for busy families, enabling them to stay connected and protected through its mobile application. It offers services such as private location sharing, location history tracking, driving safety features, crash detection, roadside assistance, and emergency alerts. With nearly 100 million monthly active users across over 140 countries, Life360 is the world's largest family-focused social network.

Airtasker

Series C in 2017
Airtasker is an online and mobile marketplace that facilitates connections between individuals and businesses seeking to outsource tasks and local service providers looking for work. The platform allows users to post various tasks for free, ranging from handyman services and home cleaning to administrative tasks and graphic design. Task posters can choose from a pool of rated, verified, and reviewed service providers who are ready to work immediately. Airtasker generates revenue through service fees and brokerage on stored value transactions, making it a trusted community marketplace for both service seekers and providers.

Hyper Anna

Series A in 2017
Hyper Anna is an AI-powered analytics platform that enables users to analyze data and share insights instantly, regardless of their skill level. It replaces repetitive tasks like number crunching and presentation design, helping businesses make efficient decisions through data.

UpGuard

Funding Round in 2016
UpGuard Inc. is a cybersecurity company that provides a comprehensive platform aimed at assessing and managing cyber risks. Founded in 2012 and headquartered in Mountain View, California, UpGuard offers tools such as the CyberSecurity Threat Assessment Report (CSTAR), which evaluates an organization's IT infrastructure and assigns a risk score that reflects potential vulnerabilities. Its solutions include integrity monitoring, configuration differencing, and advanced vulnerability analytics, which help clients identify security gaps and streamline compliance efforts. Additionally, UpGuard's platform automates the documentation of configuration states for servers and network devices, facilitating better risk assessment and management. The company's technology is utilized by numerous organizations, including major corporations, to enhance their security posture, improve DevOps initiatives, and support cybersecurity insurance procurement. UpGuard was previously known as ScriptRock Inc. before rebranding in January 2016.

Pocketbook

Funding Round in 2016
Pocketbook is an online platform that provides personal finance software aimed at simplifying money management for individuals and households. The tool automatically categorizes users' spending into various segments, such as clothing, groceries, and fuel, allowing users to gain insights into their financial habits. Upon signup, users receive immediate access to detailed information about their past and future spending, streamlining the budgeting process. By offering a clear overview of expenses, Pocketbook empowers users to track their finances effectively and make informed decisions about their money management.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.