Mundi Ventures

Mundi Ventures, founded in 2015 and headquartered in Madrid, Spain, is a venture capital firm managing three funds totaling over €170 million. The first two funds are vertical agnostic, focusing on B2B deep-tech investments, with funding amounts ranging from €1 million to €5 million per deal. The third fund specializes in InsurTech, concentrating on European startups and investing between €1 million and €7 million in Series A, B, and C funding rounds. Mundi Ventures invests across various sectors, including financial services, healthcare, information technology, cybersecurity, big data, artificial intelligence, and machine learning. The firm maintains an operational presence in Barcelona, London, and Seattle, and enhances its portfolio companies' growth by leveraging a global network known as the "Mundi Club," which consists of nearly 700 executives across more than 40 cities worldwide.

Faisal Al-Hussein

Associate

Rafaela Andrade

Investment Director

Alberto Bleda-Merino

Partner

Rubén Domínguez

Analyst

Carlota Feiner

Associate

Yoko Kojima

Associate / Head of ESG

Alejandra Maortua

Principal / Head of Investments

Rajeev Singh-Molares

General Partner

Uyiosa Oigiagbe

Investment Associate

Daniel Peñaloza

Investor

Moisés Sanchez

Partner

Rajeev Singh-Molares

Founder and Managing Partner

Javier Sánchez

Associate

Lluís Viñas Fernández

Investment Associate

Javier Ruiz de Azcárate Varela

Investor

Past deals in Life Insurance

Kinsu

Convertible Note in 2023
Kinsu is an online platform providing insurance management services for clients and agents. It operates as an insurance agency that simplifies the insurance purchasing process by offering a range of products, including car, medical, home, life, and retirement insurance. By clearly explaining the available options, Kinsu aims to help clients save time and money while eliminating the complexities often associated with insurance purchases.

ELEMENT Insurance

Series B in 2022
ELEMENT Insurance AG is a digital insurance provider based in Berlin, Germany, founded in 2017. The company specializes in developing white-label insurance products and operates as a direct insurer for non-life insurance, licensed by the German Federal Financial Supervisory Authority. ELEMENT's innovative technology platform focuses on the B2B2X value chain, allowing it to create customized insurance solutions for various partners, including e-commerce businesses and traditional insurers. This enables partners to market these products under their own brand. By managing the entire insurance value chain—ranging from actuarial calculations and underwriting to policy administration and claims management—ELEMENT simplifies the insurance process and enhances operational efficiency for its clients across 28 countries in Europe.

Artificial Labs

Series A in 2022
Artificial Labs Limited specializes in developing software solutions for the insurance industry, providing a comprehensive suite of applications designed to enhance operational efficiency and accuracy. Established in 2013 and based in London, the company offers products such as Artificial Build for data capturing and workflow automation, Artificial Distribute for data collection and distribution, Artificial Price for risk selection and portfolio management, and Artificial Manage for overseeing insurance portfolios. Their technology is built on a core platform known as ArtificialOS, which consists of modular, API-driven components that can be tailored to meet the specific needs of insurers. This service-oriented architecture allows for quick integration and customization of applications, ensuring that insurers receive targeted solutions. Additionally, Artificial Labs provides IT consulting and support services, with a focus on delivering continuous support, infrastructure, security, and upgrades through a transactional pricing model.

Kinsu

Private Equity Round in 2022
Kinsu is an online platform providing insurance management services for clients and agents. It operates as an insurance agency that simplifies the insurance purchasing process by offering a range of products, including car, medical, home, life, and retirement insurance. By clearly explaining the available options, Kinsu aims to help clients save time and money while eliminating the complexities often associated with insurance purchases.

SafetyWing

Series B in 2022
SafetyWing is a provider of insurance services designed for digital nomads and online freelancers. The company specializes in offering travel medical insurance, which includes coverage for health-related issues while abroad, as well as assistance with lifestyle disruptions such as lost luggage and travel delays. With a mission to facilitate the transition to location independence, SafetyWing aims to support individuals considering a nomadic lifestyle by providing affordable and comprehensive global insurance options. In addition to its insurance offerings, the company also shares knowledge and resources to help members navigate the challenges of living and working remotely. Through these services, SafetyWing seeks to empower remote workers to travel with confidence and freedom.

Descartes Underwriting

Series B in 2022
Descartes Underwriting is a managing general agency based in Puteaux, France, that specializes in underwriting insurance policies for various sectors, including agriculture, hospitality, mining, construction, and energy. Founded in 2018, the company focuses on climate risk modeling and offers innovative insurance solutions that address risks such as flooding, wildfires, and droughts. Through partnerships with corporate brokers, Descartes designs bespoke and affordable insurance products while leveraging a data-driven approach to risk transfer. In addition to underwriting, the company provides claims management services and develops technology-based solutions, including pricing engines and APIs, to enhance the insurance experience for businesses.

Unkle

Series A in 2022
Unkle SAS is an Insurtech startup based in Paris, France, founded in 2018. The company specializes in providing rent guarantee services through an online platform, allowing renters to secure a guarantor for a monthly fee. Unkle's mission is to enhance access to housing by offering innovative solutions that protect property owners against unpaid rents while facilitating the rental process for tenants. Users can obtain Unkle's services quickly, often within three minutes, significantly increasing their chances of successfully renting a property.

Kinsu

Pre Seed Round in 2021
Kinsu is an online platform providing insurance management services for clients and agents. It operates as an insurance agency that simplifies the insurance purchasing process by offering a range of products, including car, medical, home, life, and retirement insurance. By clearly explaining the available options, Kinsu aims to help clients save time and money while eliminating the complexities often associated with insurance purchases.

Agentero

Series A in 2021
Agentero Inc. develops an online application to manage insurance policies for insurance agency. It provides agents to monitor new business and existing clients, cross-sell, and up-sell insurance policies. The company’s application offers policyholders to manage insurance policies. It also offers suite of client interaction tools. Agentero Inc. was incorporated in 2017 and is based in Oakland, California with additional offices in Nashville, Tennessee; and Madrid, Spain.

Asistensi

Series A in 2021
Asistensi is a provider of insurance and medical assistance services specifically designed to support migrants facing health emergencies affecting their families in their countries of origin. The company offers a digital platform that delivers immediate medical attention and facilitates access to insurance for various emergencies, ensuring that migrants can protect their loved ones without financial strain. By prioritizing health as a cornerstone of prosperity, Asistensi aims to address the unique challenges faced by emigrants, allowing them to contribute to the well-being of their families while navigating health-related issues.

ELEMENT Insurance

Funding Round in 2021
ELEMENT Insurance AG is a digital insurance provider based in Berlin, Germany, founded in 2017. The company specializes in developing white-label insurance products and operates as a direct insurer for non-life insurance, licensed by the German Federal Financial Supervisory Authority. ELEMENT's innovative technology platform focuses on the B2B2X value chain, allowing it to create customized insurance solutions for various partners, including e-commerce businesses and traditional insurers. This enables partners to market these products under their own brand. By managing the entire insurance value chain—ranging from actuarial calculations and underwriting to policy administration and claims management—ELEMENT simplifies the insurance process and enhances operational efficiency for its clients across 28 countries in Europe.

Urban Jungle

Series A in 2021
Urban Jungle Services Ltd. is an insurance technology company based in London, United Kingdom, founded in 2016. The company specializes in providing insurance solutions tailored for individuals who rent and share housing in urban environments. Its platform enables housemates to easily split insurance costs and adjust coverage names when residents change. The policies offered cover a range of items, including home contents, smartphones, valuables, multiple bikes, and security deposits, while also addressing emergency expenses related to incidents such as floods, fires, storm damage, theft, and accidental damage. By leveraging technology, Urban Jungle aims to offer accessible and affordable home insurance specifically designed for young professionals.

Asistensi

Seed Round in 2020
Asistensi is a provider of insurance and medical assistance services specifically designed to support migrants facing health emergencies affecting their families in their countries of origin. The company offers a digital platform that delivers immediate medical attention and facilitates access to insurance for various emergencies, ensuring that migrants can protect their loved ones without financial strain. By prioritizing health as a cornerstone of prosperity, Asistensi aims to address the unique challenges faced by emigrants, allowing them to contribute to the well-being of their families while navigating health-related issues.

Omocom

Seed Round in 2020
Omocom offers safe, simple and secure insurance for all kind of renting, sharing and re-using, digitally, automated and integrated into the sales flow of the platform

Agentero

Convertible Note in 2020
Agentero Inc. develops an online application to manage insurance policies for insurance agency. It provides agents to monitor new business and existing clients, cross-sell, and up-sell insurance policies. The company’s application offers policyholders to manage insurance policies. It also offers suite of client interaction tools. Agentero Inc. was incorporated in 2017 and is based in Oakland, California with additional offices in Nashville, Tennessee; and Madrid, Spain.

wefox

Series B in 2019
wefox is a digital insurance company based in Berlin, Germany, founded in 2015. The company focuses on providing an all-in-one insurance solution by leveraging technology to enhance the customer experience and streamline processes. Rather than selling directly to consumers, wefox operates through a network of thousands of digitally enabled advisors across Europe, which helps improve customer satisfaction and reduce acquisition costs. The company employs advanced analytics to achieve better loss ratios than the market average and boasts over 90% straight-through processing for its services. Wefox offers a comprehensive platform that includes policy management, claims settlement, and personalized coverage options, aiming to reinvent insurance and make people safer by preventing risks.

Insurdata

Seed Round in 2019
Insurdata Corporation, established in 2017 and based in Broomfield, Colorado, offers innovative desktop and mobile solutions tailored for property-specific data. The company serves insurance and reinsurance underwriters by providing high-resolution, peril-specific exposure and building-level risk data. Utilizing advanced technology such as mobile augmented reality and 3-D model creation, Insurdata enhances the risk assessment process through its platform, which captures and scores risk data globally. This enables clients to make informed decisions related to pricing, underwriting, and portfolio management by prioritizing peril-specific exposure data that may affect their existing portfolios and risk appetites.

Artificial Labs

Seed Round in 2019
Artificial Labs Limited specializes in developing software solutions for the insurance industry, providing a comprehensive suite of applications designed to enhance operational efficiency and accuracy. Established in 2013 and based in London, the company offers products such as Artificial Build for data capturing and workflow automation, Artificial Distribute for data collection and distribution, Artificial Price for risk selection and portfolio management, and Artificial Manage for overseeing insurance portfolios. Their technology is built on a core platform known as ArtificialOS, which consists of modular, API-driven components that can be tailored to meet the specific needs of insurers. This service-oriented architecture allows for quick integration and customization of applications, ensuring that insurers receive targeted solutions. Additionally, Artificial Labs provides IT consulting and support services, with a focus on delivering continuous support, infrastructure, security, and upgrades through a transactional pricing model.

ELEMENT Insurance

Series A in 2018
ELEMENT Insurance AG is a digital insurance provider based in Berlin, Germany, founded in 2017. The company specializes in developing white-label insurance products and operates as a direct insurer for non-life insurance, licensed by the German Federal Financial Supervisory Authority. ELEMENT's innovative technology platform focuses on the B2B2X value chain, allowing it to create customized insurance solutions for various partners, including e-commerce businesses and traditional insurers. This enables partners to market these products under their own brand. By managing the entire insurance value chain—ranging from actuarial calculations and underwriting to policy administration and claims management—ELEMENT simplifies the insurance process and enhances operational efficiency for its clients across 28 countries in Europe.
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.