New York Life Ventures

EvolutionIQ, operating under DeepFraud Technologies Inc., specializes in predictive analytics for the insurance sector, focusing on general liability, workers' compensation, and group disability insurance. Founded in 2018 and based in New York, the company offers a platform that leverages artificial intelligence and data collection to enhance claims analytics. Its technology supports time series analytics, individualized medical processing, and natural language processing, facilitating intelligent fraud and malingering detection as well as predictive claim processing. By training large-scale models to identify bad actors, EvolutionIQ provides insurance companies with advanced tools to improve workflow and streamline claims management.

SmartAsset is a financial technology company that provides automated personalized financial advice to help individuals make informed financial decisions. Utilizing proprietary technology and unique Automated Financial Modeling software, SmartAsset enables users to simulate the impact of various financial choices on their personal finances. The company offers a range of calculators and tools related to home buying, retirement planning, life insurance, personal loans, and more, which are accessible on its website and through financial publisher sites via its Captivate tool. Additionally, SmartAsset connects consumers with financial advisors through its SmartAdvisor service. To support its mission, the company also features an in-house editorial team that produces thousands of educational articles and data-driven studies, enriching the user experience with valuable financial insights.

Brella is modernizing supplemental health benefits to build a world where health hardship doesn’t mean financial hardship. Brella’s simple supplemental plan covers 13,000+ conditions and pays cash on the diagnosis that you can use for anything that is needed on the road to recovery. Brella Insurance was founded in 2019 and is based in Hoboken, New Jersey.

Alto Solutions, Inc. operates an online platform designed for self-directed individual retirement accounts (IRAs), facilitating investments in alternative assets. The company offers several products, including Alto IRA, which allows users to invest in private equity, venture capital, real estate, loans, and cryptocurrency, as well as Checkbook+ IRA, providing check-writing control for enhanced real estate investment management. Additionally, Alto CryptoIRA enables users to connect with cryptocurrency exchanges like Coinbase for trading. The platform includes a user-friendly dashboard for managing accounts and investments and assists individuals in determining their eligibility for various investments while identifying trusted financial custodians for asset management. Alto Solutions serves a diverse clientele, including wealth managers, registered investment advisors, and entrepreneurs, effectively democratizing access to alternative investments. Founded in 2015 and based in Nashville, Tennessee, the company was previously known as Saltvest, Inc.

Brella Ltd. is a company that specializes in developing a networking mobile and web application designed to facilitate connections among attendees at events, conferences, and live streams. Founded in 2016 and based in Jyvaskyla, Finland, the application employs a matchmaking algorithm to help users expand their business network by identifying relevant contacts, including potential collaborators, colleagues, and investors. Brella aims to simplify the networking process, making it more efficient and effective for professionals seeking to form new high-value connections. The platform focuses on providing valuable experiences that enable users to connect with the right people at the right time and place.

Wellth develops and operates a mobile application to lower cost for payors and rewards for consumers. Its application engages consumers through providing targeted incentive plans, delivering reminders and information, and sharing cost savings that help them build healthy habits and foster disease management. It focuses on reducing the cost of the healthcare system by encouraging consumers to manage their diseases and to take preventative actions to stay healthy. Wellth is based in New York, New York.

Cogito Corporation is a Boston-based company that specializes in behavioral analytics software utilizing artificial intelligence technology to enhance human interactions. Its primary offering is a suite of solutions designed to analyze voice conversations in real time, providing professionals in sales, service, and care management with insights into emotional intelligence. This enables them to improve sales outcomes, customer experiences, and quality of care. Key products include Cogito Dialog, which delivers in-call analysis of customer interactions; Cogito Central, which continuously scores customer engagements for signs of distress; and Cogito Companion, a mobile application that alerts healthcare providers to behavioral changes indicating potential mental health risks. By leveraging validated behavioral science through AI and machine learning, Cogito's solutions aim to boost productivity and improve service delivery, fostering better relationships between professionals and their customers. The company, originally known as Cogito Health Inc., was founded in 2007.

Carrot Inc. is a company based in Redwood City, California, that specializes in smoking cessation through its application, Pivot. Founded in 2015, Carrot offers a unique six-stage program that engages smokers early in their journey without imposing pressure to quit. The program begins by fostering awareness of smoking habits and enhancing confidence in the smoker's ability to change. For those who choose to pursue cessation, Pivot assists users in creating and implementing a personalized quit plan, supported by one-on-one coaching until they achieve stability in their quit journey. This approach emphasizes self-motivation and personal commitment, distinguishing Carrot's service in the field of smoking cessation.

Trifacta enables anyone to efficiently explore and prepare data by utilizing machine learning to provide a breakthrough UX and architecture. It also leverages decades of innovative research in human-computer interaction, scalable data management, and machine learning to make the process of preparing data faster and more intuitive. Around the globe, tens of thousands of users at more than 8,000 companies, including leading brands like Deutsche Boerse, Google, Kaiser Permanente, New York Life, and PepsiCo, are unlocking the potential of their data with Trifacta’s market-leading data wrangling solutions. The company develops data wrangling software for data exploration and self-service data preparation for analysis. They focused on building software that helps organizations and individuals unlock the potential of their data by providing a new approach to how data is explored and prepared for analysis. Trifacta was founded in 2012 and is headquartered in San Francisco, California, USA, with offices in Boston, Berlin, London, and Paris.

Wavtrace is focused on the development of broadband wireless access systems that focus on the transmission of voice and video data. Wavtrace was founded by Robert Lundy and Vern Fotheringham in 1996. It is based in Bellevue, Washington.