ManchesterStory Group
ManchesterStory Group, LLC is a venture capital firm specializing in early stage to growth-stage investments in fintech and healthcare, insurance tech, with a particular interest in technologies spurring innovation in the insurance industry. The firm's insurtech areas of interest include customer engagement, core systems, home automation, telematics, "big data" customer analytics, cybersecurity, IoT, regulatory technology, digital distribution, underwriting and claims processing. The firm invests across North America and the United States. ManchesterStory Group, LLC is based in West Des Moines, Iowa. The firm’s fintech areas of interest include lending, peer-to-peer, B2B, underwriting algorithms, institutional and capital markets, alternative trading systems, financial analysis, personal finance and wealth management, payments and blockchain. The firm’s healthcare areas of interest include telehealth services, personalized medicine, addressing workforce challenges, and the application of data analytics to build new product and service models.
Past deals in InsurTech
InShare Services Inc.
Seed Round in 2021
InShare Services is founded on the premise that the majority of players offering risk management solutions in the Sharing Economy lack intimate knowledge and insights. InShare founders Mark Warnquist, Sean Fitzsimmons and Andy Cohen bring more than 75 years of insurance/risk management experience with over a decade in High Tech & the Sharing Economy. We are “the” source for Sharing Economy Insurance & Claims Solutions:
reThought Insurance
Series A in 2021
reThought Insurance Corporation provides commercial flood insurance. The company provides proprietary underwriting methodology and risk assessment technology to visualize, assess, underwrite, and price commercial flood. The company was founded in 2017 and is based in Broomfield, Colorado.
Verikai Inc
Series A in 2020
Founded in 2018, Verikai is an insurance technology company leveraging alternative data and machine learning to change the way the industry views risk. Our well-established database includes more than 4,000 behavior attributes for 250+ million people in the United States and provides deep insight to these individuals’ true health risks. With this data, we help insurance companies improve underwriting precision, speed and efficiency – and ultimately, we provide consumers and small businesses with greater access to a broader range of insurance products.
Better insights. Better outcomes.
FloatMe Corp.
Series A in 2021
FloatMe Corp. develops an application to provides overdrafts to the user in case of emergency. The company offers employees to prevent overdraft and build savings. It offers overdraft interest cash in advance. FloatMe Corp. was founded in 2017 and is based in San Antonio, Texas.
SmartX Technology Solutions
Series C in 2020
SMArt Xchange is the first UMA/SMA platform providing advisors access to institutional quality managers offering traditional and alternative investment strategies, as well as individual securities, mutual funds, and ETFs, in a single brokerage account. These investment strategies include:
SmartX Technology Solutions
Series C in 2020
SMArt Xchange is the first UMA/SMA platform providing advisors access to institutional quality managers offering traditional and alternative investment strategies, as well as individual securities, mutual funds, and ETFs, in a single brokerage account. These investment strategies include:
Plum
Seed Round in 2022
At Plum, they aim to use beautiful design and smart technology to reinvent age-old technology.
They don't see "the home of the future" or a "smart home." They just see a better way to live. Their aim is to craft product experiences that change your life without getting in your way.
That's why everything they make is created with precision and care. Their mission isn't just to create great products but to build the products that create experiences you'll love.
Just Auto Insurance
Convertible Note in 2021
Just provides auto insurance that is, well, more just. Instead of your rate being set by who you are - your age, zipcode and marital status - your rate is set by how you drive. This means that for the first time, there is a real financial incentive for people to make smart driving decisions. Unsafe driving doesn't lead to the possibility of an accident, it leads to the certainty of paying more on your insurance. For younger drivers, or those who might have been in an accident, or just happen to live in the wrong zipcode, this means better - perhaps dramatically better - rates.
Just Auto Insurance launches in Arizona in October 2019.
Matic Insurance
Series A in 2017
Matic Insurance Services, Inc. operates as a digital insurance agency that offers solutions for consumers, originators, and insurance servicers. The company was formerly known as Matic Insurance and changed its name to Matic Insurance Services, Inc. in May 2014. Matic Insurance Services, Inc. was incorporated in 2014 and is based in Columbus, Ohio with additional offices in Los Angeles and San Francisco, California; and Lviv, Ukraine.
Trusty.care
Seed Round in 2021
For the 60m people on Medicare and the 40m people joining Medicare in the next 10 years, Trusty.care's platform empowers their insurance brokers to get them the right insurance, public benefits and cost savings tools to manage retirement and healthcare costs. They are also developing a platform to help order adults use telemedicine during COVID-19.
CNote
Series A in 2022
CNote is an investment platform that earns a better return while investing in the causes and communities that matters.
CNote rewards great savers with alternative financial vehicles that earn more - safely and simply. Their first product, CNote Savings, helps good savers earn up to 2.5% annual return -- that's 35x more than a traditional savings account.
The was founded in 2016 by two women with decades of experience working in finance, venture capital, and private equity. CNote is headquartered in Oakland, California.
Limit Financial
Seed Round in 2021
Limit Financial is a managing general underwriter (MGU) specializing in credit insurance and reinsurance solutions. They help clients diversify risks through best-in-class underwriting, maximum transparency, and unparalleled service to the (re)insurance community. Its platform focuses on low-loss, conservatively structured credit risks where there is not considered to be an optimal private capital or capital markets solution.
The company was founded in 2021 and is headquartered in Woodcliff Lake, New Jersey.
Rollick
Venture Round in 2021
Rollick Outdoor, Inc. operates an online marketing platform which allows manufacturers of recreational products to connect with dealers. The platform helps retailers and manufacturers provide an individualized online and in-store experience for the powersports, RV, and marine industries. The company was founded in 2017 and is based in Austin, Texas.
CNote
Seed Round in 2020
CNote is an investment platform that earns a better return while investing in the causes and communities that matters.
CNote rewards great savers with alternative financial vehicles that earn more - safely and simply. Their first product, CNote Savings, helps good savers earn up to 2.5% annual return -- that's 35x more than a traditional savings account.
The was founded in 2016 by two women with decades of experience working in finance, venture capital, and private equity. CNote is headquartered in Oakland, California.
Anagram
Series A in 2020
Anagram Inc. develops a software platform that assists healthcare professionals with the intricacies of health insurance networks. It offers Anagram, an online insurance assistant for managing patients' healthcare plans across various networks by displaying patient’s out-of-network benefits and submitting a claim for them. The company’s platform is also used by healthcare professionals to leverage insurance benefits and avoid any constraints. The company was formerly known as Glass Health, Inc. and changed its name to Anagram Inc. in February 2020. Anagram Inc. was incorporated in 2014 and is based in Santa Monica, California.
Trusty.care
Seed Round in 2020
For the 60m people on Medicare and the 40m people joining Medicare in the next 10 years, Trusty.care's platform empowers their insurance brokers to get them the right insurance, public benefits and cost savings tools to manage retirement and healthcare costs. They are also developing a platform to help order adults use telemedicine during COVID-19.
Gainfully
Series A in 2019
Gainfully is a financial services platform that helps financial professionals generate new business and connect with their clients better.
FloatMe Corp.
Seed Round in 2020
FloatMe Corp. develops an application to provides overdrafts to the user in case of emergency. The company offers employees to prevent overdraft and build savings. It offers overdraft interest cash in advance. FloatMe Corp. was founded in 2017 and is based in San Antonio, Texas.
SmartX Technology Solutions
Venture Round in 2020
SMArt Xchange is the first UMA/SMA platform providing advisors access to institutional quality managers offering traditional and alternative investment strategies, as well as individual securities, mutual funds, and ETFs, in a single brokerage account. These investment strategies include:
Groundspeed Analytics
Series A in 2017
Groundspeed Analytics, Inc. (Groundspeed) accelerates commercial insurance performance with the power of machine learning and artificial intelligence. The Groundspeed platform automatically turns files like submissions, loss runs, exposure schedules and policy documents into actionable information, empowering users to lower costs, identify profitable pools of risk and drive top-line growth.
Just Auto Insurance
Seed Round in 2020
Just provides auto insurance that is, well, more just. Instead of your rate being set by who you are - your age, zipcode and marital status - your rate is set by how you drive. This means that for the first time, there is a real financial incentive for people to make smart driving decisions. Unsafe driving doesn't lead to the possibility of an accident, it leads to the certainty of paying more on your insurance. For younger drivers, or those who might have been in an accident, or just happen to live in the wrong zipcode, this means better - perhaps dramatically better - rates.
Just Auto Insurance launches in Arizona in October 2019.
BetterView Marketplace, Inc.
Convertible Note in 2020
Betterview is the leading platform for drone-based property inspections and is quickly becoming the essential platform for every transaction around buildings and properties for decision-makers who want to reduce risk, cost, and waste in an increasingly competitive environment. Betterview exists to make every property thoroughly understood. The company does this by providing software and services to capture, organize and analyze data to unlock valuable insight.
Rollick
Series A in 2018
Rollick Outdoor, Inc. operates an online marketing platform which allows manufacturers of recreational products to connect with dealers. The platform helps retailers and manufacturers provide an individualized online and in-store experience for the powersports, RV, and marine industries. The company was founded in 2017 and is based in Austin, Texas.
PLNAR
Series A in 2018
Smart Picture Technologies, Inc. develops digital measurement systems for collecting and storing accurate measurement data. Its systems enable users to create and share dimensions embedded in images between users, customers, and their contractors. The company solutions include visual scene information, dimension data, and user defined tags. It offers its solutions for applications, such as DIY and home improvement, medical and biometrics, package delivery and tracking, and field service and repairs. The company was incorporated in 2012 and is based in Austin, Texas.
FinMkt, Inc.
Series A in 2017
FinMkt provides best-in-class, customizable online marketplace technology for the global financial services industry. They help organizations rapidly deploy marketplace solutions in a timely, cost-efficient manner while ensuring the highest quality technology and client support. From customer acquisition to product matching to tracking and reporting, their secure, patent-pending technology solutions are the gold standard of the financial marketplace ecosystem.
FinMkt’s industry-leading platform and applications drive innovation, accelerate processes, and expand opportunities for growth in the financial services arena.
Matic Insurance
Series B in 2020
Matic Insurance Services, Inc. operates as a digital insurance agency that offers solutions for consumers, originators, and insurance servicers. The company was formerly known as Matic Insurance and changed its name to Matic Insurance Services, Inc. in May 2014. Matic Insurance Services, Inc. was incorporated in 2014 and is based in Columbus, Ohio with additional offices in Los Angeles and San Francisco, California; and Lviv, Ukraine.
BetterView Marketplace, Inc.
Series A in 2019
Betterview is the leading platform for drone-based property inspections and is quickly becoming the essential platform for every transaction around buildings and properties for decision-makers who want to reduce risk, cost, and waste in an increasingly competitive environment. Betterview exists to make every property thoroughly understood. The company does this by providing software and services to capture, organize and analyze data to unlock valuable insight.