Clocktower Technologies I

Clocktower Technologies I is an early-stage venture capital fund managed by Clocktower Technology Ventures, based in Santa Monica, California. Established in 2015, the fund focuses on the technology and fintech sectors, aiming to invest in innovative startups that are poised to disrupt financial services. Clocktower Technologies I seeks to support entrepreneurs with the vision and drive to reinvent financial systems, addressing various aspects such as lending, payments, insurance, and personal finance. The fund operates within a curated network of global investors and macroeconomic thinkers, facilitating strategic investments primarily in Latin America. Through its targeted approach, Clocktower Technologies I aims to foster growth in up to 40 startups, contributing to the evolution of the financial technology landscape.

Natalie Charney

Associate

Ned Daoro

Principal

Steven Drobny

Partner

Melissa van Kluyve

Associate

Kanishka Narayan

Principal

Adriana Saman

Principal

Ben Savage

Partner

Danielle Zhang

Associate

Past deals in InsurTech

Openly

Series C in 2022
Openly Inc. is a technology-enabled insurance provider that specializes in homeowners insurance, catering to customers through independent agents. Founded in 2017 and headquartered in Boston, Massachusetts, with an additional office in Chicago, the company leverages technology and industry expertise to deliver comprehensive insurance coverage. Openly's offerings include protection for the structure of the building, walls, roof, and attached fixtures. The company focuses on providing a simplified quoting process, aiming to enhance the overall insurance experience for its customers.

Insurate

Seed Round in 2021
Insurate is an insurance technology provider, wholesaler, and managing general agency that leverages data science to create new occupational insurance products for America’s industrial workforce. Through data science and predictive analytics, the company identifies businesses that are statistically safer than average and rewards them with access to new products and savings.

DigiSure

Seed Round in 2021
DigiSure is a cloud-native insurance management system that provides end-to-end protection solutions for mobility and shared economy companies. Founded in 2018 by industry veterans, the company aims to empower businesses by giving them greater control over their insurance processes within the $1.6 trillion property and casualty insurance market. DigiSure's platform offers screening, insurance management, and claims services tailored for mobility and short-term rental operators, enabling partners to access and leverage user data effectively. By utilizing connected data and automation, DigiSure seeks to transform risk management into a more transparent and responsive process. Based in San Francisco, the company operates globally, focusing on creating a safer, more secure, and environmentally friendly future for the mobility sector.

Breathe Life

Series A in 2020
Breathe Life Inc. designs and develops a software platform for insurance companies and assists them in conducting business online. The company's platform uses tools and analytics for the digital distribution of life insurance policies and eliminates the requirement of brokers. It also features a single-session quote creation and application process which enables consumers to purchase products on their own. It caters to life and health insurers, distribution organizations, and advisors. The company was incorporated in 2017 and is based in Montreal, Canada.

Insurami

Seed Round in 2018
Insurami Holdings Limited, trading as Insurami, develops a platform that provides insurance to landlords. Its product offers deposit free renting while providing the insurance of deposits. The company caters to landlords. Insurami Holdings Limited was founded in 2018 and is based in London, United Kingdom.

TowerIQ

Seed Round in 2018
TowerIQ is a broker first platform that brings transparency to insurance markets. The company seamlessly brings clients from application to binding by augmenting broker expertise with a low touch technology platform that distributes ingestible data directly to any carrier. This frees brokers and agents to focus their efforts on solving the business challenges facing the clients that allow them to win more business and improve client retention. TowerIQ was founded in 2017 and is headquartered in Boston, Massachusetts.