Openly
Debt Financing in 2025
Openly is an insurance company specializing in homeowners insurance and related property and casualty coverage, sold through independent agents. Founded in 2017 and headquartered in Boston, Massachusetts, it began as a managing general agent and later became a full insurance carrier. Openly uses technology-enabled underwriting and policy servicing to deliver homeowners coverage through its network of independent agents.
Alvarium Tiedemann
Post in 2024
Founded in 1999, Alvarium Tiedemann is a New York-based wealth management firm offering investment, advisory, and administrative services. It serves individuals, families, and institutions, providing asset management and merchant banking services.
Next Insurance
Series F in 2023
Founded in 2016, Next Insurance is a technology-driven online insurance agency specializing in small businesses. It offers a range of business insurance products, including general liability, professional liability, commercial auto, and workers' compensation, serving various sectors such as contractors, fitness, cleaning, and education. The company uses technology to streamline claims investigation, aiming for transparency within 48 hours.
Wayhome is a property sector company that provides an innovative approach to homeownership by allowing individuals to purchase homes without the need for a traditional mortgage. By requiring only a 5% deposit, Wayhome enables clients to co-buy a property with institutional investors, who cover the remaining costs. This arrangement allows homeowners to enjoy minimal monthly rent on the portion of the home they do not own, making it feasible for people to acquire homes that would otherwise be beyond their financial reach. Additionally, Wayhome offers pension funds the opportunity to invest in owner-occupied residential properties, generating inflation-linked returns on the investment. This model creates a mutually beneficial scenario for both homeowners and investors, promoting accessibility in the housing market.
The Innovation Group
Acquisition in 2022
The Innovation Group (Pty) Limited, founded in 1981 and based in Johannesburg, South Africa, specializes in providing services aimed at protecting and enhancing brand loyalty and customer retention. The company primarily serves the automotive industry, banks, financial institutions, insurers, and brokers. It offers business process outsourcing and claims management software that helps clients reduce costs and improve operational efficiency. This software provides valuable data insights to inform strategic decisions and enhance underwriting performance. The Innovation Group also manages critical incidents for leading insurers, brokers, and fleet managers, along with warranty and service plan provisions for various original equipment manufacturers and automotive dealerships worldwide. The company has regional offices in Namibia and Claremont, South Africa, and operates as a subsidiary of The Innovation Group Limited.
simplesurance
Acquisition in 2022
Simplesurance GmbH, founded in 2012 and headquartered in Berlin, Germany, specializes in developing cross-selling software solutions for e-commerce platforms. The company's technology integrates into the checkout processes of online shops, enabling customers to purchase both products and corresponding insurance simultaneously. This innovative approach allows e-commerce retailers to monetize customer transactions more effectively, boosting their margins and profitability. Simplesurance's offerings include a digital broker service that allows users to manage their insurance conveniently via smartphones, ensuring a fully paperless experience. With over 2,000 partners, including prominent e-commerce platforms and electronic manufacturers, Simplesurance is recognized for its flexible and efficient solutions that enhance the intersection of traditional insurance and digital commerce. The company also maintains an additional office in Tokyo, Japan.
Pie Insurance
Series D in 2022
Pie Insurance is a technology-enabled workers’ compensation insurer that provides online coverage to small businesses. The company uses high-quality data sets and analytics to segment and price policies, assess risk, and pass savings to owners, supported by an online experience and a price predictor that estimates risk profiles and pricing. It began selling policies in 2018 and is based in Washington, DC, led by co-founder and CEO John Swigart. Pie targets small and medium-sized enterprises, aiming to increase transparency in coverage and empower business owners to make informed purchasing decisions. The business emphasizes straightforward, data-driven underwriting and seeks to expand through strategic initiatives to offer scalable workers’ comp solutions via a digital platform.
Coalition
Series F in 2022
Coalition provides comprehensive insurance coverage and proactive cybersecurity tools to manage and mitigate cyber risks for businesses across various industries. Backed by leading global insurers, Coalition offers its services in the US and Canada, with a global workforce operating from digital hubs worldwide.
Founded in 2018, ESG Book is a pioneering global provider of sustainability data and technology. Its cloud-based platform offers comprehensive, real-time ESG information on over 25,000 companies worldwide, promoting transparency and enabling financial institutions to allocate capital responsibly.
OpenGamma
Series F in 2022
OpenGamma Limited, established in 2009, is a London-based technology company that specializes in real-time market risk management solutions for financial institutions. It offers a comprehensive platform that delivers cross-asset risk and trading analytics, enabling front-office and risk users to make informed decisions. The platform caters to a wide range of clients, including buy-side and sell-side firms, clearing institutions, exchanges, and other segments of the over-the-counter (OTC) market. OpenGamma's solutions also extend to optimizing performance in OTC markets, with tools for multi-central counterparty (CCP) margin calculations. The company provides support, consulting, and training services to ensure clients maximize the benefits of its platform.
SafeBoda
Venture Round in 2021
SafeBoda is an Africa-focused ride-sharing platform that modernizes informal motorcycle taxi transportation with a mobile-first service that connects riders to trained drivers. The platform emphasizes safety, with drivers trained in road safety, first aid, bike maintenance, and customer care, enabling safer, affordable, and convenient urban mobility for Africa's growing cities. Founded in Kampala, SafeBoda designs its services for the African context, aiming to improve trips for both drivers and passengers and to provide a reliable alternative to traditional informal transport.
Founded in 2013, Fundbox operates a payments network that facilitates transactions between businesses. It provides credit and payment solutions to small businesses serving other businesses (SMB2B), empowering them with fast and intuitive access to business credit.
PT HaloDoc is a digital healthcare platform based in Jakarta, Indonesia, established in 2016. The company connects patients with a network of 19,000 licensed doctors and 1,000 certified partner pharmacies through its innovative communication platform. Users can engage with medical professionals via video calls, voice calls, and chat, allowing for real-time consultations and health advice. Additionally, HaloDoc facilitates the ordering of laboratory tests that can be conducted at home, enhancing the convenience of accessing healthcare services. The platform aims to simplify and improve the healthcare experience for patients by providing easy connections to doctors, clinics, and hospitals, as well as offering medical delivery services through its partner pharmacies.
Pie Insurance
Series C in 2021
Pie Insurance is a technology-enabled workers’ compensation insurer that provides online coverage to small businesses. The company uses high-quality data sets and analytics to segment and price policies, assess risk, and pass savings to owners, supported by an online experience and a price predictor that estimates risk profiles and pricing. It began selling policies in 2018 and is based in Washington, DC, led by co-founder and CEO John Swigart. Pie targets small and medium-sized enterprises, aiming to increase transparency in coverage and empower business owners to make informed purchasing decisions. The business emphasizes straightforward, data-driven underwriting and seeks to expand through strategic initiatives to offer scalable workers’ comp solutions via a digital platform.
Stripe develops APIs and tools for businesses to accept and manage online payments securely. It supports various international debit/credit cards, serving e-commerce platforms, SaaS companies, marketplaces, and non-profits globally.
WeLab Holdings
Series C in 2021
WeLab Holdings is a digital lending platform operator offering online and mobile lending products through platforms such as Wolaidai in China and WeLend in Hong Kong. It provides personal loans, balance transfers, and handset installment plans, and uses proprietary risk management technology to analyze unstructured mobile data to rapidly assess creditworthiness for individual borrowers. The company also serves small businesses through online lending and offers B2B fintech solutions by partnering with traditional financial institutions to extend fintech-enabled services to their customers. The business emphasizes data-driven credit decisions and aims to deliver accessible financing with competitive rates across its markets in Hong Kong and China.
Purpose Unlimited
Venture Round in 2021
Purpose Unlimited offers innovative asset management, wealth management, and banking technology services tailored for entrepreneurs and small to medium-sized businesses. Their platform provides tools for modern investment strategies, aiming to make pension-style quality investments accessible to all Canadians.
simplesurance
Debt Financing in 2020
Simplesurance GmbH, founded in 2012 and headquartered in Berlin, Germany, specializes in developing cross-selling software solutions for e-commerce platforms. The company's technology integrates into the checkout processes of online shops, enabling customers to purchase both products and corresponding insurance simultaneously. This innovative approach allows e-commerce retailers to monetize customer transactions more effectively, boosting their margins and profitability. Simplesurance's offerings include a digital broker service that allows users to manage their insurance conveniently via smartphones, ensuring a fully paperless experience. With over 2,000 partners, including prominent e-commerce platforms and electronic manufacturers, Simplesurance is recognized for its flexible and efficient solutions that enhance the intersection of traditional insurance and digital commerce. The company also maintains an additional office in Tokyo, Japan.
Wealthsimple
Venture Round in 2020
Wealthsimple Financial Inc. is a Toronto-based company that specializes in providing digital investment advisory services across Canada and operates additional offices in Brooklyn, New York, and London, United Kingdom. Founded in 2014, Wealthsimple offers a range of financial tools designed to help investors grow and manage their money. The company builds diversified portfolios of exchange-traded funds (ETFs) on behalf of its clients, offering accessible and affordable investment management without the high fees and account minimums typical of traditional firms. Wealthsimple also provides on-demand financial planning solutions and a hybrid savings and spending product known as Wealthsimple Cash. As of September 2020, Wealthsimple operates as a subsidiary of Purpose Advisor Solutions Inc.
BIMA
Venture Round in 2020
BIMA offers a range of healthcare services, including telemedicine, health screening, and personalized health programs. The company aims to make healthcare accessible and affordable in emerging markets by leveraging technology. BIMA's vision focuses on empowering individuals to take control of their health while providing comprehensive insurance options.
Amwell is a leading global telehealth platform connecting providers, insurers, patients, and innovators to deliver accessible, affordable, high-quality care. Established in 2006, Amwell offers a comprehensive platform supporting urgent to chronic care management, serving over 240 health systems, 55 health plans, and reaching over 150 million lives worldwide.
N26 offers mobile banking solutions in the European Union, providing international money transfers, investments, overdraft facilities, and cash withdrawals/deposits at stores. Founded in Berlin, Germany in 2013 by Maximilian Tayenthal and Valentin Stalf.
ControlExpert
Acquisition in 2020
ControlExpert GmbH is a German-based software company established in 2002, specializing in SaaS platforms for streamlining automotive claims management processes. They serve a diverse clientele including insurance companies, service providers, leasing firms, glass partners, and automotive manufacturers across Europe, North America, and Asia. Their suite of products, such as AutoCheck, ExpertiseCheck, GlassCheck, InvoiceCheck, MobileCheck, TowingCheck, EasyClaim, SpeedCheck, PostMaster, GuaranteeCheck, FleetControl, Cockpit, and QuickRKÜ, facilitate verification, processing, and settlement of claims through digital platforms. These tools enable real-time reporting, digital communication among parties involved, and efficient handling of warranty cases and fleet maintenance repairs.
SDA SE
Venture Round in 2019
Founded in 2016, SDA SE operates an open-source platform that enables insurance companies to quickly set up reliable, modular service platforms. It facilitates integration of existing IT systems and processes, onboarding of external partners, while ensuring complete ownership of data and analytics.
Quantemplate
Series B in 2019
Quantemplate is a cloud-based analytics platform for the insurance industry that enables users to ingest raw data, cleanse and harmonize it, and perform analysis using machine-learning powered tools. The platform supports data integration, cleansing, mapping and preparation, and includes capabilities for catastrophe modeling, pricing, bordereaux management, and performance analysis, helping insurers and reinsurers automate operations and derive actionable insights. By importing internal data sets and applying AI-driven models, it supports underwriting, reporting, and digital transformation across wholesale and reinsurance activities. Headquartered in London with offices in New York and Gibraltar, Quantemplate serves clients seeking more efficient data workflows and data-driven decision making.
PT HaloDoc is a digital healthcare platform based in Jakarta, Indonesia, established in 2016. The company connects patients with a network of 19,000 licensed doctors and 1,000 certified partner pharmacies through its innovative communication platform. Users can engage with medical professionals via video calls, voice calls, and chat, allowing for real-time consultations and health advice. Additionally, HaloDoc facilitates the ordering of laboratory tests that can be conducted at home, enhancing the convenience of accessing healthcare services. The platform aims to simplify and improve the healthcare experience for patients by providing easy connections to doctors, clinics, and hospitals, as well as offering medical delivery services through its partner pharmacies.
Founded in 2018, ESG Book is a pioneering global provider of sustainability data and technology. Its cloud-based platform offers comprehensive, real-time ESG information on over 25,000 companies worldwide, promoting transparency and enabling financial institutions to allocate capital responsibly.
N26 offers mobile banking solutions in the European Union, providing international money transfers, investments, overdraft facilities, and cash withdrawals/deposits at stores. Founded in Berlin, Germany in 2013 by Maximilian Tayenthal and Valentin Stalf.
Drone Racing League
Series C in 2019
Drone Racing League Inc., established in New York in 2015, specializes in staging professional drone races for top-tier pilots. The company hosts thrilling tournaments featuring first-person perspective drone racing, where elite pilots navigate custom-built drones through intricate, themed 3D courses. DRL generates revenue by selling tickets to these events and offering media services related to its high-octane competitions.
Wealthsimple
Venture Round in 2019
Wealthsimple Financial Inc. is a Toronto-based company that specializes in providing digital investment advisory services across Canada and operates additional offices in Brooklyn, New York, and London, United Kingdom. Founded in 2014, Wealthsimple offers a range of financial tools designed to help investors grow and manage their money. The company builds diversified portfolios of exchange-traded funds (ETFs) on behalf of its clients, offering accessible and affordable investment management without the high fees and account minimums typical of traditional firms. Wealthsimple also provides on-demand financial planning solutions and a hybrid savings and spending product known as Wealthsimple Cash. As of September 2020, Wealthsimple operates as a subsidiary of Purpose Advisor Solutions Inc.
SafeBoda is an Africa-focused ride-sharing platform that modernizes informal motorcycle taxi transportation with a mobile-first service that connects riders to trained drivers. The platform emphasizes safety, with drivers trained in road safety, first aid, bike maintenance, and customer care, enabling safer, affordable, and convenient urban mobility for Africa's growing cities. Founded in Kampala, SafeBoda designs its services for the African context, aiming to improve trips for both drivers and passengers and to provide a reliable alternative to traditional informal transport.
N26 offers mobile banking solutions in the European Union, providing international money transfers, investments, overdraft facilities, and cash withdrawals/deposits at stores. Founded in Berlin, Germany in 2013 by Maximilian Tayenthal and Valentin Stalf.
HeavenHR streamlines HR processes by offering an all-in-one cloud-based platform. It covers recruitment, applicant tracking, personnel files, absence management, shift planning, payroll services, and time tracking with hardware integration.
Amwell
Corporate Round in 2018
Amwell is a leading global telehealth platform connecting providers, insurers, patients, and innovators to deliver accessible, affordable, high-quality care. Established in 2006, Amwell offers a comprehensive platform supporting urgent to chronic care management, serving over 240 health systems, 55 health plans, and reaching over 150 million lives worldwide.
Abracar GmbH, established in Munich, Germany, in 2016, specializes in facilitating private car trading via its online platform. The company offers comprehensive services for car sellers, including professional vehicle appraisals, high-quality photography, attractive listing creation, potential buyer filtration, price negotiation assistance, and contract preparation. For buyers, Abracar provides access to expert reports, Allianz warranty options, financing solutions, and consultative support throughout the process. As a subsidiary of Allianz SE, Abracar operates with a focus on safety, transparency, and efficiency in private car trading.
AUTO1 Fintech
Venture Round in 2018
AUTO1 Fintech is a digital platform offering instant financing and insurance products to automobile dealerships buying and selling used vehicles via AUTO1.
N26 offers mobile banking solutions in the European Union, providing international money transfers, investments, overdraft facilities, and cash withdrawals/deposits at stores. Founded in Berlin, Germany in 2013 by Maximilian Tayenthal and Valentin Stalf.
C2FO is a global platform facilitating fast, flexible access to low-cost capital for businesses. Using patented Name Your Rate® technology, it connects companies with large enterprises for early payments, unlocking billions in risk-free capital. Headquartered in Kansas City, USA, C2FO has delivered over $275 billion in funding worldwide since 2008.
BIMA
Secondary Market in 2017
BIMA offers a range of healthcare services, including telemedicine, health screening, and personalized health programs. The company aims to make healthcare accessible and affordable in emerging markets by leveraging technology. BIMA's vision focuses on empowering individuals to take control of their health while providing comprehensive insurance options.
BIMA offers a range of healthcare services, including telemedicine, health screening, and personalized health programs. The company aims to make healthcare accessible and affordable in emerging markets by leveraging technology. BIMA's vision focuses on empowering individuals to take control of their health while providing comprehensive insurance options.
Lemonade
Corporate Round in 2017
Lemonade, Inc. is an innovative insurance company that provides a range of insurance products in the United States and Europe, including homeowners, renters, and landlord insurance. Founded in 2015 and headquartered in New York, the company utilizes artificial intelligence and behavioral economics to streamline the insurance process, eliminating traditional brokers and paperwork. By employing advanced technology, Lemonade offers instant service and sets competitive rates for its policies. The company also acts as an agent for other insurance providers, further expanding its offerings. With a commitment to social good, Lemonade aims to transform the insurance industry by prioritizing transparency and efficiency.
simplesurance
Venture Round in 2017
Simplesurance GmbH, founded in 2012 and headquartered in Berlin, Germany, specializes in developing cross-selling software solutions for e-commerce platforms. The company's technology integrates into the checkout processes of online shops, enabling customers to purchase both products and corresponding insurance simultaneously. This innovative approach allows e-commerce retailers to monetize customer transactions more effectively, boosting their margins and profitability. Simplesurance's offerings include a digital broker service that allows users to manage their insurance conveniently via smartphones, ensuring a fully paperless experience. With over 2,000 partners, including prominent e-commerce platforms and electronic manufacturers, Simplesurance is recognized for its flexible and efficient solutions that enhance the intersection of traditional insurance and digital commerce. The company also maintains an additional office in Tokyo, Japan.
Drone Racing League
Series B in 2017
Drone Racing League Inc., established in New York in 2015, specializes in staging professional drone races for top-tier pilots. The company hosts thrilling tournaments featuring first-person perspective drone racing, where elite pilots navigate custom-built drones through intricate, themed 3D courses. DRL generates revenue by selling tickets to these events and offering media services related to its high-octane competitions.
Abracar
Seed Round in 2017
Abracar GmbH, established in Munich, Germany, in 2016, specializes in facilitating private car trading via its online platform. The company offers comprehensive services for car sellers, including professional vehicle appraisals, high-quality photography, attractive listing creation, potential buyer filtration, price negotiation assistance, and contract preparation. For buyers, Abracar provides access to expert reports, Allianz warranty options, financing solutions, and consultative support throughout the process. As a subsidiary of Allianz SE, Abracar operates with a focus on safety, transparency, and efficiency in private car trading.
Nauto is an AI technology company that improves commercial fleet safety through its intelligent driver safety system. This system assesses driver behavior to reduce distracted driving and prevent collisions, enabling real-time feedback and analysis for fleet managers. Nauto's platform also powers the development of autonomous vehicle technology.
MoneyFarm
Series A in 2016
MoneyFarm is a financial services company that offers an online wealth management platform designed to help individuals manage their investments effectively and transparently. The platform provides personalized financial advisory services, allowing users to create investment portfolios tailored to their financial goals and risk tolerance. MoneyFarm focuses on enabling customers to monitor their investments and recommending adjustments to maintain balanced portfolios. Through its innovative approach, the company aims to grow and protect wealth in a cost-effective manner.
Urgently is a digital roadside assistance platform that features a roadside assistance industry to the benefit of global brands, roadside assistance professionals, and consumers. Its solution delivers the quickest, safest, and most innovative roadside assistance service, products and technology by combining location-based services, real-time data, AI, and machine-to-machine communication.
PlaxidityX (Formerly Argus Cyber Security)
Series B in 2015
Argus Cyber Security Ltd. specializes in providing comprehensive cybersecurity solutions for the automotive industry, focusing on protecting connected cars and commercial vehicles from hacking threats. Founded in 2013 by cybersecurity experts, the company offers a suite of solutions designed to safeguard various components of vehicles, including in-vehicle networks, infotainment systems, and critical electronic control units (ECUs). Key products include ARGUS IN-VEHICLE NETWORK PROTECTION, which detects and mitigates attacks on in-vehicle networks; ARGUS CONNECTIVITY PROTECTION, which secures telematics and infotainment units; and ARGUS ECU PROTECTION, which fortifies crucial vehicle systems against external and internal threats. Additionally, Argus provides advisory services such as threat analysis and incident response. With its research and development center based in Tel Aviv and offices located in Michigan, Silicon Valley, Stuttgart, and Tokyo, Argus combines innovative security techniques with a thorough understanding of automotive practices to serve car manufacturers, Tier 1 suppliers, and aftermarket connectivity providers effectively.
Quantemplate
Series A in 2015
Quantemplate is a cloud-based analytics platform for the insurance industry that enables users to ingest raw data, cleanse and harmonize it, and perform analysis using machine-learning powered tools. The platform supports data integration, cleansing, mapping and preparation, and includes capabilities for catastrophe modeling, pricing, bordereaux management, and performance analysis, helping insurers and reinsurers automate operations and derive actionable insights. By importing internal data sets and applying AI-driven models, it supports underwriting, reporting, and digital transformation across wholesale and reinsurance activities. Headquartered in London with offices in New York and Gibraltar, Quantemplate serves clients seeking more efficient data workflows and data-driven decision making.