BlackRock
BlackRock, established in 1988, is a global investment management corporation headquartered in New York City. It offers a wide range of services, including investment management, financial technology, and advisory services, catering to diverse clients such as institutions, intermediaries, and individual investors. BlackRock's investment focus spans multiple asset classes, strategies, sectors, and regions. Its private equity arm, BlackRock Private Equity Partners, founded in 1999, specializes in direct investments and fund of fund investments across various stages and sectors, with a global investment scope.
Marshmallow
Series C in 2025
Marshmallow Financial Services Limited, known as Marshmallow, is a London-based insurtech company that specializes in motor vehicle insurance. Founded in 2017, it focuses on providing car insurance products for residents relocating to the United Kingdom. Marshmallow aims to simplify the insurance process through technology, offering features such as instant policy management, personal support, and no administrative fees. The company controls the entire value chain, from sign-up and pricing to claims, which enhances the customer experience. While it began with car insurance, Marshmallow plans to expand its offerings to include various insurance products across multiple regions.
Root Insurance
Post in 2024
Root Insurance Company is a property-casualty insurtech based in Columbus, Ohio, that specializes in providing car insurance across the United States. Founded in 1998 and rebranded in 2016, the company leverages smartphone technology to assess driving behavior, such as braking patterns and speed, allowing it to identify safe drivers and offer them personalized, affordable insurance rates. Root Insurance provides a range of coverage options, including liability for bodily injury and property damage, as well as non-liability options like collision, comprehensive, and rental coverage. In addition to auto insurance, Root also offers app-based renters insurance, designed to be straightforward and tailored to consumer needs. The company operates as a subsidiary of IBOD COMPANY, Inc. and is committed to modernizing the car insurance industry through technology-driven solutions.
Alacrity Solutions
Acquisition in 2023
Alacrity Solutions Group, LLC, established in 1976 and headquartered in Fishers, Indiana, specializes in providing comprehensive insurance claims management services. The company offers a wide range of solutions, including loss adjusting, third-party administration, emergency response, repair and restoration, and specialty services. Alacrity caters to national and regional insurance companies, managing general agents, third-party administrators, self-insured corporations, and federal and state government clients. Its services cover property, auto, casualty, and other insurance products, with a focus on balancing claims, recovering costs, and overseeing public relations following various events. The company operates through multiple offices across the United States to provide efficient and timely services.
Root Insurance
Post in 2022
Root Insurance Company is a property-casualty insurtech based in Columbus, Ohio, that specializes in providing car insurance across the United States. Founded in 1998 and rebranded in 2016, the company leverages smartphone technology to assess driving behavior, such as braking patterns and speed, allowing it to identify safe drivers and offer them personalized, affordable insurance rates. Root Insurance provides a range of coverage options, including liability for bodily injury and property damage, as well as non-liability options like collision, comprehensive, and rental coverage. In addition to auto insurance, Root also offers app-based renters insurance, designed to be straightforward and tailored to consumer needs. The company operates as a subsidiary of IBOD COMPANY, Inc. and is committed to modernizing the car insurance industry through technology-driven solutions.
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