Bold Penguin
Acquisition in 2021
Bold Penguin is a commercial insurance exchange that connects customers, agents, and carriers to match the right quote quickly. It focuses on agents, delivering a user-friendly experience for businesses and a streamlined underwriting process for carriers. The company operates an Exchange that uses a set of solutions to identify, triage, quote, and bind commercial insurance in a highly efficient, tech-enabled workflow. It aims to provide platform enhancements that increase flexibility in how core technology is leveraged by enterprise customers and to expand into excess and surplus lines. Founded in 2016 and headquartered in Columbus, Ohio, Bold Penguin seeks to simplify the commercial insurance selection and underwriting process through digital collaboration among buyers, agents, and insurers.
Relay Platform
Seed Round in 2020
Relay Platform Inc. is a Toronto-based company that offers an innovative online Software-as-a-Service solution tailored for insurance brokers, underwriters, and ceding teams. Founded in 2019, Relay's platform serves as a single-entry, multi-carrier comparative-rating tool that simplifies the process of structuring and securing reinsurance and large insurance placements. It enables users to seamlessly gather and compare quotes across various property and casualty lines, leveraging both instant and email quoting options. This integrated approach enhances efficiency, allowing brokers to create compelling proposals more quickly, which ultimately increases their close and renewal rates. By organizing placement information and communications in one centralized platform, Relay aids insurance professionals in navigating the complex landscape of insurance transactions.
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.
Ameriprise Financial
Acquisition in 2019
Ameriprise Financial is a financial services company headquartered in Minneapolis, Minnesota, established in 1894. The company specializes in providing comprehensive financial planning, investments, cash management, insurance, and annuities. With a commitment to helping clients achieve their financial goals, Ameriprise Financial has built a reputation as a leader in the industry, assisting millions of individuals in managing and investing their assets. The firm emphasizes a client-first approach, aiming to instill confidence in their clients regarding their financial futures. Additionally, Ameriprise Auto & Home, a subsidiary, offers property-casualty insurance products, primarily through partnerships with major retailers. With a significant presence across the United States and a workforce dedicated to client service, Ameriprise Financial has positioned itself as a trusted partner in financial management and planning.
One Concern
Series A in 2017
One Concern develops an AI-based platform that helps governments prepare for and respond to natural disasters. Its predictive analytics engine creates post-disaster damage maps, provides daily situational reports, and offers planning modules. The company focuses on earthquakes, hurricanes, floods, fires, and chronic stresses like poverty and climate change.
HomeGauge
Acquisition in 2017
HomeGauge is a home inspection software company that provides tools and services to home and commercial inspectors. The company offers a comprehensive suite of software and internet tools that enable inspectors to deliver detailed information about the condition of properties to their clients, which include home buyers, sellers, and real estate professionals. Inspectors can generate reports on-site or utilize an online secure delivery and validation process through HomeGauge's platform. By streamlining the inspection reporting process, HomeGauge enhances the ability of inspectors to effectively communicate property conditions, ultimately supporting their clients' success in the real estate market.
Networked Insights
Acquisition in 2017
Networked Insights, Inc. is a Chicago-based company that specializes in analytics and audience targeting tools designed for marketers and agencies. Founded in 2006, it provides a suite of software solutions, including Kairos, which delivers real-time insights into target audiences, marketing campaigns, and brand health. The company's offerings encompass social monitoring, content planning, campaign management, and media targeting, enabling clients to make informed marketing decisions and enhance media efficiency. Networked Insights also features Audience.ai, an artificial intelligence-driven platform that further aids in audience engagement. Its client roster includes notable brands such as MTV, Samsung, and Kraft, demonstrating its capacity to help businesses optimize their marketing strategies and uncover content opportunities.
GenLife
Seed Round in 2017
GenLife is a developer of a cloud-based intelligent network and operating platform aimed at transforming the insurance industry. The company utilizes machine learning to analyze life and health insurance data, which helps to reduce transaction costs, enhance automation, and improve risk-pricing in areas such as underwriting, claims, and fraud management. Its platform is designed to be hardware-agnostic and capable of integrating with innovative data sources, including genomics and health technology. By streamlining operations for insurance partners, GenLife aims to minimize inefficiencies and enhance the overall customer experience. This approach allows individuals to transition their insurance from a mere annual expense into a personalized asset that proactively safeguards their health and well-being.
Ring is a home security company based in Santa Monica, California, established in 2012. It specializes in outdoor security solutions, offering a range of smart home products designed to enhance safety and reduce crime in neighborhoods. The company's product lineup includes the Ring Video Doorbell, Ring Video Doorbell Pro, Ring Stick Up Cam, and Ring Floodlight Cam, all of which feature advanced capabilities such as wide-angle lenses, built-in microphones, and speakers that allow users to see, hear, and communicate with visitors. By integrating these devices, Ring aims to empower homeowners and foster community vigilance, effectively creating a modern neighborhood watch system that helps prevent burglaries and enhance residential security worldwide.
Networked Insights
Series E in 2017
Networked Insights, Inc. is a Chicago-based company that specializes in analytics and audience targeting tools designed for marketers and agencies. Founded in 2006, it provides a suite of software solutions, including Kairos, which delivers real-time insights into target audiences, marketing campaigns, and brand health. The company's offerings encompass social monitoring, content planning, campaign management, and media targeting, enabling clients to make informed marketing decisions and enhance media efficiency. Networked Insights also features Audience.ai, an artificial intelligence-driven platform that further aids in audience engagement. Its client roster includes notable brands such as MTV, Samsung, and Kraft, demonstrating its capacity to help businesses optimize their marketing strategies and uncover content opportunities.
LeaseLock
Seed Round in 2016
LeaseLock is a technology company that replaces security deposits with insurance, streamlining the rental process. It uses AI to optimize coverage based on property history and integrates seamlessly into online leasing platforms, resulting in improved conversion rates and reduced risk for property owners.
Ring is a home security company based in Santa Monica, California, established in 2012. It specializes in outdoor security solutions, offering a range of smart home products designed to enhance safety and reduce crime in neighborhoods. The company's product lineup includes the Ring Video Doorbell, Ring Video Doorbell Pro, Ring Stick Up Cam, and Ring Floodlight Cam, all of which feature advanced capabilities such as wide-angle lenses, built-in microphones, and speakers that allow users to see, hear, and communicate with visitors. By integrating these devices, Ring aims to empower homeowners and foster community vigilance, effectively creating a modern neighborhood watch system that helps prevent burglaries and enhance residential security worldwide.
Revolv is a smart-home platform based in Boulder, Colorado, that offers a monitoring and control system for connected devices. Founded in 2012, the company enables homeowners to manage and control a variety of wirelessly-enabled household items from a single hub, regardless of the manufacturer or wireless protocol. Revolv's solution integrates hundreds of devices available from major retailers, allowing users to automate and control products such as lights, locks, sensors, and entertainment systems. Through its cloud-based software and gateway, Revolv provides a user-friendly application that can be accessed via smartphones, facilitating seamless management of home devices whether users are at home or away.
Homesite Group
Acquisition in 2013
Homesite Group Incorporated, founded in 1997 and based in Boston, Massachusetts, offers a diverse array of insurance products, including home, renters, condo, auto, life, commercial, flood, small business, and pet insurance. The company aims to address longstanding challenges in the U.S. homeowners insurance market, such as high fixed costs and limited distribution channels, by leveraging advanced technology and innovative marketing strategies. Homesite is dedicated to providing tailored insurance solutions to meet customer needs while ensuring quality products and exceptional customer service. By focusing on catastrophe management and operational efficiency, Homesite strives to deliver competitive premiums and enhance the overall insurance experience for consumers nationwide.
MobileIgniter
Convertible Note in 2013
MobileIgniter is a leader in the Internet of Things space. We provide Device to Decision® solutions based on Fortune 500 experience identifying opportunity, embedding connectivity, and creating the key web and mobile interfaces to complete the circuit.
Shoutlet, Inc. is an enterprise social marketing platform that enables brands to forge and enhance customer relationships through social media. Founded in 2004 and headquartered in Madison, Wisconsin, with additional offices in Atlanta and London, Shoutlet offers a comprehensive suite of tools designed to engage, publish, and analyze social marketing campaigns across various platforms such as Facebook, Twitter, and LinkedIn. Its services include social CRM, community management, social listening, and analytics, which help brands understand consumer sentiments and optimize their social strategies. The platform supports features like Social Switchboard, which automates content publishing, and Social Canvas, a design tool for creating interactive content without coding. Shoutlet's SaaS-based model provides flexibility and control, empowering companies to scale their social media efforts effectively. The company was formerly known as Sway, Inc. and adopted its current name in 2010. As of August 2015, Shoutlet operates as a subsidiary of Spredfast, Inc.