Munich Re Ventures

Munich Re Ventures is the venture capital arm of Munich Re Group, a global leader in reinsurance and insurance-related risk solutions. It invests in innovative startups transforming the future of risk and risk transfer, with a focus on strategic interests of Munich Re and the broader insurance industry.

Ben Bergsma

Principal, Insurtech, HealthTech, ClimateTech

Timur Davis Ph.D

Director, ClimateTech, Future of Transportation

Sophie Dingreville Ph.D

Investment Director

Oshri Kaplan

Managing Director, Insurtech, Cybersecurity and Privacy

Jacqueline LeSage

Managing General Partner

Sidra Lefort

Director, HealthTech, Cybersecurity and Privacy

Matt McElhattan

Managing Director

Peter Ortez

Principal, ClimateTech, Future of Transportation

Blake Pennington

Principal, Cybersecurity and Privacy and Future of Transportation

Stephanie Watkins JD

Senior Vice President, Global Insurance Innovation Group

108 past transactions

Sentra

Series B in 2025
Sentra is a cloud data security company that empowers organizations to confidently manage and scale their data while maintaining security in the evolving landscape of cloud computing. Its platform provides automated data discovery, classification, monitoring, and protection, focusing on supporting organizations with cloud-based infrastructures.

Azos

Series B in 2025
Founded in 2020, Azos is a Brazilian insurtech company headquartered in Sao Paulo. It specializes in providing life insurance products, including coverage for death, serious illnesses, accidental disability, and funeral assistance.

Augury

Series F in 2025
Augury develops AI-driven solutions for industrial operations, monitoring machine health and process efficiency. Its platform integrates with existing systems to detect potential equipment failures, optimize performance, and reduce downtime across various industries.

High Definition Vehicle Insurance

Venture Round in 2025
HDVI is a technology-first commercial insurance provider. The company assesses risk using historical and real-time telematics data and provides tools and services that help fleets increase safety, rewards safe driving, and delivers efficient and fair claims processing. HDVI is headquartered in Chicago with additional offices in Greenville, South Carolina; Columbus, Ohio; Portland, Oregon; Dallas and San Francisco. High Definition Vehicle Insurance, Inc. is a licensed property casualty insurance agent with products underwritten by various insurance companies. For more information, visit https://hdvi.com.

VEIR

Series B in 2025
VEIR is a company focused on innovative electricity transmission solutions using high-temperature superconductors. It has developed a unique passive evaporative cryogenic cooling technology that significantly enhances cooling efficiency, delivering twenty times the cooling power per kilogram of nitrogen flow compared to traditional mechanical methods. By utilizing commercial superconducting tape, VEIR's technology enables power delivery at transmission levels without resistive losses. This advancement allows clients to streamline permitting processes and supports the economical establishment of electric transmission lines across distribution-scale infrastructure.

Starfish Space

Series A in 2024
Founded in 2019, Starfish Space develops autonomous space tugs for on-demand satellite servicing. Its innovative technology combines orbital mechanics, AI-driven machine vision, and low-thrust electric propulsion to enable precise navigation, docking, and maintenance of satellites across various orbits.

Abstract Security

Series A in 2024
Abstract Security is a company that provides advanced data management solutions aimed at enhancing security and compliance analytics. It specializes in optimizing data usage while ensuring effective detection and compliance, thereby alleviating the burden on security teams. Abstract Security's offerings include a data security operations platform that incorporates artificial intelligence for threat detection, automated risk assessment, and seamless response capabilities. The platform surpasses conventional security information and event management systems by analyzing essential enterprise data for proactive cybersecurity risk management. Additionally, the company's privacy-first data lake architecture supports real-time analytics, enabling organizations to safeguard their digital assets effectively.

Inspectify

Venture Round in 2024
Inspectify is a technology-driven platform that streamlines the home inspection process for real estate professionals, inspectors, and homebuyers. The service builds a nationwide network of licensed inspectors, supports customized data collection, and coordinates logistics to deliver timely, standardized property assessments. By integrating inspector performance, data capture, and streamlined reporting, the platform helps users accurately assess property conditions and estimate repair costs, improving decision making for transactions and post-purchase planning. Inspectify aims to modernize home inspections by reducing manual workflows and enabling faster, more reliable insights, ultimately enhancing transparency and value for buyers and sellers alike.

Stoïk

Series B in 2024
Stoïk is a cyber insurance company that integrates cybersecurity software with insurance protection, helping businesses manage their cyber risks effectively. Stoïk empowers brokers by offering clients comprehensive insurance policies and protection against cyber risks. Its mission is to equip brokers with the tools to help their clients insure and safeguard against cyber threats. Stoïk's unique product simplifies the underwriting process using automated tests, replacing traditional questionnaires. It also provides continuous risk prevention through integrated cybersecurity tools and ensures swift, effective incident response with an in-house team of crisis management experts.

Air Doctor

Series B in 2024
Air Doctor Ltd. operates an online marketplace that connects travelers with verified healthcare professionals in various locations. Founded in 2016 and based in Motza Illit, Israel, the platform allows users to search for and schedule appointments with doctors, dentists, emergency clinics, pharmacies, and other healthcare specialists. By providing access to practitioner profiles and patient reviews, Air Doctor simplifies the process of obtaining medical care abroad, ensuring that users can find professionals who speak their language and meet their specific needs. This service aims to enhance the experience of travelers by making healthcare access straightforward and efficient in unfamiliar destinations.

Twelve

Series C in 2024
Twelve, formerly known as Opus 12, is a Berkeley, California-based company that specializes in recycling carbon dioxide emissions into valuable chemicals and fuels. Founded in 2015, the company has developed innovative technology that can be integrated with any source of CO₂ emissions. By utilizing only water and electricity as inputs, Twelve transforms captured carbon dioxide into essential products such as methane, ethylene, and ethanol. The firm aims to provide a cost-competitive alternative to petroleum-derived chemicals and fuels, thereby addressing carbon emissions while simultaneously creating economically viable solutions.

Sepio

Series B in 2024
Sepio is a developer of an asset risk management platform focused on protecting organizations from hardware-based attacks. The company's innovative solution operates on asset existence rather than activity, utilizing physical layer asset DNA profiling to deliver actionable visibility and policy enforcement. This platform enables security teams to gain comprehensive insights into their hardware assets and monitor their behavior in real-time. With the ability to define granular device usage rules, Sepio allows administrators to continuously oversee and safeguard their infrastructure. The solution is asset agnostic, accommodating various environments including IT, OT, and IoT, and can report on existing assets and their associated risk factors within 24 hours. Ultimately, Sepio aims to enhance clients' cybersecurity posture by providing robust control over hardware assets and mitigating the risks posed by rogue devices.

Faye

Series B in 2024
Faye is a travel insurance company that provides whole-trip protection and technology-enabled assistance for travelers. Through its app and proprietary platform, the company offers coverage for health, trip cancellations or interruptions, lost or delayed belongings, and even pets, with real-time proactive support, quick reimbursements, and 24/7 customer service to resolve disruptions. Its automated travel rebooking capability and claims processing streamline assistance and reimbursements, enhancing the travel experience by enabling immediate responses and smoother claims resolutions. Faye serves American travelers with consumer-centric, tech-enabled coverage designed to support continuous travel and mitigate travel mishaps.

ZwitterCo

Series B in 2024
ZwitterCo specializes in advanced membrane solutions for the treatment of highly impaired wastewater, enabling the reuse and recycling of water resources in industrial applications. The company's innovative reverse osmosis and nanofiltration technologies address the challenges of treating historically unfilterable streams by preventing fouling caused by organic molecules. ZwitterCo's membranes are chlorine-tolerant, back-washable, and resistant to irreversible fouling, which enhances their longevity and performance. By transforming wastewater from a liability into a valuable resource, ZwitterCo helps clients manage their water treatment needs more economically and sustainably, reducing chemical demands and improving operational efficiency.

Functional Finance

Venture Round in 2024
Functional Finance is a fintech platform designed to enhance the operational efficiency of the insurance industry. The company provides a comprehensive software solution that enables insurance operators to manage various aspects of money transfer, including billing, invoicing, payment collection, statement generation, and real-time automatic reconciliation for every invoice and policy. This platform allows insurance companies to unify and automate their financial operations and workflows without needing to replace their existing infrastructure.

Orange Charger

Seed Round in 2024
Orange Charger is excited about building solutions that overcome the limitations that have slowed the installation of electric vehicle charging in multi-unit dwellings. We believe that charging at home makes owning an electric vehicle more compelling and convenient. When cars first emerged, gas stations were not at every corner, and electricity was just taking off. As electric vehicles cross the chasm, a new charging network will be required to help manage the demand on the grid while also being more convenient than public charging and gas stations. Our goal at Orange is to build the world's largest at-home charging network for multi-unit dwellings and beyond.

Zanskar

Series B in 2024
Zanskar is a geothermal exploration and technology company focused on accelerating the discovery and development of geothermal energy resources. The company utilizes a predictive platform informed by extensive data, which includes subsurface characterization technology and advanced sensing techniques. By integrating artificial intelligence and big data, Zanskar enhances the exploration process and helps clients identify previously unknown geothermal resources, ultimately reducing the risks associated with such endeavors. Through its innovative approach, Zanskar aims to contribute to the advancement of geothermal energy as a sustainable resource.

Found Energy

Seed Round in 2024
Found Energy develops aluminum-based fuel that converts aluminum scrap and waste into a carbon-free energy carrier. It recovers aluminum waste from landfills and, through a carbon-free process, produces hydrogen on demand at under $0.50 per kilogram, with hydrogen having five times the volumetric energy density of liquid hydrogen. The aluminum fuel is designed to supply carbon-free thermal power to heavy industries, offering competitiveness with fossil fuels in price and energy density and enabling a faster transition to renewable energy.

Sweet Security

Series A in 2024
Sweet Security, established by seasoned IDF commanders, specializes in cloud runtime security. Their Cloud Runtime Security Suite empowers security teams to swiftly and precisely halt cloud attacks at the point of occurrence, minimizing business disruption. The platform ensures comprehensive security across cloud environments, shifting security right to protect cloud workloads.

Amplify Life Insurance

Series B in 2024
Founded in San Francisco, Amplify Life Insurance specializes in permanent life insurance products that facilitate tax-efficient savings and investments, while ensuring family protection. It pioneers a digital platform for frictionless policy customization, pre-underwriting, and in-force management, transforming the traditional manual and agent-driven industry.

FERNRIDE

Series A in 2023
FERNRIDE specializes in scalable automation solutions for yard trucking. Their human-assisted autonomy approach enhances productivity, worker safety, and sustainability. With over a decade of research and prominent clients like Volkswagen, HHLA, and DB Schenker, FERNRIDE addresses industry challenges such as driver shortages and environmental impact.

Stoïk

Series A in 2023
Stoïk is a cyber insurance company that integrates cybersecurity software with insurance protection, helping businesses manage their cyber risks effectively. Stoïk empowers brokers by offering clients comprehensive insurance policies and protection against cyber risks. Its mission is to equip brokers with the tools to help their clients insure and safeguard against cyber threats. Stoïk's unique product simplifies the underwriting process using automated tests, replacing traditional questionnaires. It also provides continuous risk prevention through integrated cybersecurity tools and ensures swift, effective incident response with an in-house team of crisis management experts.

Inspectify

Venture Round in 2023
Inspectify is a technology-driven platform that streamlines the home inspection process for real estate professionals, inspectors, and homebuyers. The service builds a nationwide network of licensed inspectors, supports customized data collection, and coordinates logistics to deliver timely, standardized property assessments. By integrating inspector performance, data capture, and streamlined reporting, the platform helps users accurately assess property conditions and estimate repair costs, improving decision making for transactions and post-purchase planning. Inspectify aims to modernize home inspections by reducing manual workflows and enabling faster, more reliable insights, ultimately enhancing transparency and value for buyers and sellers alike.

Salient

Venture Round in 2023
Salient creates a weather intelligence platform that combines novel ocean and land-surface data with machine learning and climate expertise to provide accurate subseasonal-to-seasonal (S2S) weather forecasts 2 to 52 weeks ahead. Salient's tools sift through large datasets to identify complex climate system relationships in order to provide accurate forecasts used in agriculture, energy, finance, supply chain, and other industries. Salient utilizes scientific knowledge to assist individuals and organizations in better understanding and preparing for the increasing volatility of climate change.

HELIXintel

Series A in 2023
HELIXintel is a technology company based in Hamburg, New York, incorporated in 2019, that develops a computerized maintenance management system and an inventory and task management platform to track the condition, maintenance history, and lifecycle of equipment and property. The platform enables businesses to monitor equipment condition, organize maintenance workflows, and request service and parts, while also serving as a B2B marketplace that connects equipment operators with original equipment manufacturers and their authorized service networks. By centralizing maintenance data and workflows, HELIXintel aims to extend equipment life, improve uptime, and reduce environmental footprint, while saving cash, staff time, and energy for asset-intensive organizations.

Insify

Series A in 2023
Insify is a digital insurance company based in Amsterdam, Netherlands, founded in 2020 by Koen Thijssen. It specializes in providing insurance products and services tailored for freelancers and small businesses. By leveraging artificial intelligence-based data technology, Insify simplifies and accelerates the insurance process, addressing the common constraints found in traditional insurance practices. The company's focus is on delivering innovative insurance solutions that meet the specific needs of its clients, thereby facilitating easier access to essential coverage for small enterprises.

Faye

Series A in 2023
Faye is a travel insurance company that provides whole-trip protection and technology-enabled assistance for travelers. Through its app and proprietary platform, the company offers coverage for health, trip cancellations or interruptions, lost or delayed belongings, and even pets, with real-time proactive support, quick reimbursements, and 24/7 customer service to resolve disruptions. Its automated travel rebooking capability and claims processing streamline assistance and reimbursements, enhancing the travel experience by enabling immediate responses and smoother claims resolutions. Faye serves American travelers with consumer-centric, tech-enabled coverage designed to support continuous travel and mitigate travel mishaps.

INSHUR

Series B in 2023
INSHUR is a digital insurance platform specializing in auto insurance for drivers and fleet owners. It leverages proprietary data and analytics to provide quotations, facilitate purchases, and manage insurance policies, enabling users to handle their entire insurance lifecycle via mobile devices.

Flow Specialty (Previously Capitola)

Series A in 2023
Flow is the Next-Gen Specialty Brokerage for commercial insurance. We blend human expertise with cutting-edge technology to deliver access to top markets.

Starfish Space

Series A in 2023
Founded in 2019, Starfish Space develops autonomous space tugs for on-demand satellite servicing. Its innovative technology combines orbital mechanics, AI-driven machine vision, and low-thrust electric propulsion to enable precise navigation, docking, and maintenance of satellites across various orbits.

Span

Venture Round in 2023
Span develops intelligent hardware and software solutions that transform traditional electrical panels into modern smart hubs. Their AI-powered system enables homeowners to optimize energy usage, reduce bills, and future-proof their homes for growing energy demands.

Sentra

Series A in 2023
Sentra is a cloud data security company that empowers organizations to confidently manage and scale their data while maintaining security in the evolving landscape of cloud computing. Its platform provides automated data discovery, classification, monitoring, and protection, focusing on supporting organizations with cloud-based infrastructures.

Dayforward

Series B in 2023
Dayforward is a life insurance platform that provides financial security for families by offering policies that protect income until children reach adulthood and enables online purchase of personalized coverage. The platform focuses on ensuring continued income for beneficiaries in the event of the policyholder's death, helping families maintain their lifestyle with tailored protection.

ShipIn

Series A in 2022
ShipIn, founded in 2019 by Ilan Naslavsky, is a developer of a computer vision and operational analytics platform focused on enhancing collaboration between ships and shore operations within maritime fleets. Their flagship product, FleetVision, provides real-time visibility into critical operations, enabling seafarers, fleet managers, and owners to access the same information and collaborate effectively. The platform offers features such as real-time fleet monitoring, efficient vessel utilization, and improved safety and compliance onboard. By reducing incidents and delivering actionable insights, ShipIn aims to facilitate performance improvements across the entire fleet, thereby supporting the maritime industry in optimizing its operations.

Apinity

Acquisition in 2022
Founded in spring 2018 as Syncier Marketplace within Allianz SE's incubator program, Apinity operates an API marketplace platform. It simplifies integration and governance for businesses in insurance and banking sectors by offering a centralized catalog for API products, monetization options, security management, and analytics.

Shyft

Series B in 2022
Shyft is a mobility technology company that provides a digital platform for relocation management. Its mobile application and marketplace connect employees, employers, and moving service providers, enabling end‑to‑end management of international and domestic moves. The platform offers real‑time lead management, pricing transparency, and integration with financial systems, helping corporations and relocation agencies streamline the relocation process from inquiry to invoicing. Founded in 2015 and headquartered in San Francisco with an office in Belgrade, the company serves more than 300 moving partners across 68 countries.

Zanskar

Series A in 2022
Zanskar is a geothermal exploration and technology company focused on accelerating the discovery and development of geothermal energy resources. The company utilizes a predictive platform informed by extensive data, which includes subsurface characterization technology and advanced sensing techniques. By integrating artificial intelligence and big data, Zanskar enhances the exploration process and helps clients identify previously unknown geothermal resources, ultimately reducing the risks associated with such endeavors. Through its innovative approach, Zanskar aims to contribute to the advancement of geothermal energy as a sustainable resource.

Ghost Security

Series A in 2022
Ghost Security specializes in cyber security software aimed at enhancing application security for modern enterprises. The company develops solutions that integrate at every layer of the application stack, from edge to workloads and operational tools. By doing so, Ghost Security enables organizations to obtain contextually relevant security insights, facilitating the secure deployment of applications at cloud scale and in alignment with DevOps practices. Their focus is on creating a new standard in application security that meets the evolving needs of businesses in a digital landscape.

CIRCULIX

Pre Seed Round in 2022
We rate and create circular products

Twelve

Series B in 2022
Twelve, formerly known as Opus 12, is a Berkeley, California-based company that specializes in recycling carbon dioxide emissions into valuable chemicals and fuels. Founded in 2015, the company has developed innovative technology that can be integrated with any source of CO₂ emissions. By utilizing only water and electricity as inputs, Twelve transforms captured carbon dioxide into essential products such as methane, ethylene, and ethanol. The firm aims to provide a cost-competitive alternative to petroleum-derived chemicals and fuels, thereby addressing carbon emissions while simultaneously creating economically viable solutions.

Amplify Life Insurance

Venture Round in 2022
Founded in San Francisco, Amplify Life Insurance specializes in permanent life insurance products that facilitate tax-efficient savings and investments, while ensuring family protection. It pioneers a digital platform for frictionless policy customization, pre-underwriting, and in-force management, transforming the traditional manual and agent-driven industry.

OKAPI:Orbits

Seed Round in 2022
OKAPI:Orbits provides an AI-powered space traffic management platform that predicts collision risks, manages conjunctions, and optimizes satellite operations to enable safer, more efficient use of crowded orbits. The platform includes environment visualization, maneuver design, conjunction analysis, re-entry predictions, high-accuracy orbit propagation and determination, and pass prediction, with secure ground-segment integration for space operators and institutions. The company aims to support sustainable space activity by reducing collision risk and enabling reliable operations in increasingly congested space.

Air Doctor

Series B in 2022
Air Doctor Ltd. operates an online marketplace that connects travelers with verified healthcare professionals in various locations. Founded in 2016 and based in Motza Illit, Israel, the platform allows users to search for and schedule appointments with doctors, dentists, emergency clinics, pharmacies, and other healthcare specialists. By providing access to practitioner profiles and patient reviews, Air Doctor simplifies the process of obtaining medical care abroad, ensuring that users can find professionals who speak their language and meet their specific needs. This service aims to enhance the experience of travelers by making healthcare access straightforward and efficient in unfamiliar destinations.

Salient

Seed Round in 2022
Salient creates a weather intelligence platform that combines novel ocean and land-surface data with machine learning and climate expertise to provide accurate subseasonal-to-seasonal (S2S) weather forecasts 2 to 52 weeks ahead. Salient's tools sift through large datasets to identify complex climate system relationships in order to provide accurate forecasts used in agriculture, energy, finance, supply chain, and other industries. Salient utilizes scientific knowledge to assist individuals and organizations in better understanding and preparing for the increasing volatility of climate change.

Azos

Series A in 2022
Founded in 2020, Azos is a Brazilian insurtech company headquartered in Sao Paulo. It specializes in providing life insurance products, including coverage for death, serious illnesses, accidental disability, and funeral assistance.

Clareto

Acquisition in 2022
Clareto is a health information exchange company connecting the life insurance industry to patient-authorized health information. It develops health information technology to bridge the information gap between healthcare and life insurance, engaging health information exchanges, healthcare providers, and other data sources to enable electronic exchange of health data in support of underwriting, claims, and other business processes. Founded in 2000, Clareto is based in Richmond, Virginia.

ShipIn

Seed Round in 2022
ShipIn, founded in 2019 by Ilan Naslavsky, is a developer of a computer vision and operational analytics platform focused on enhancing collaboration between ships and shore operations within maritime fleets. Their flagship product, FleetVision, provides real-time visibility into critical operations, enabling seafarers, fleet managers, and owners to access the same information and collaborate effectively. The platform offers features such as real-time fleet monitoring, efficient vessel utilization, and improved safety and compliance onboard. By reducing incidents and delivering actionable insights, ShipIn aims to facilitate performance improvements across the entire fleet, thereby supporting the maritime industry in optimizing its operations.

Future Family

Series B in 2022
Founded in 2016, Future Family offers subscription-based fertility care plans. These plans cover all healthcare costs, including personal fertility planning, clinic matching, dedicated nurse concierge services, digital health platforms, and procedures like IVF and egg freezing.

HELIXintel

Seed Round in 2022
HELIXintel is a technology company based in Hamburg, New York, incorporated in 2019, that develops a computerized maintenance management system and an inventory and task management platform to track the condition, maintenance history, and lifecycle of equipment and property. The platform enables businesses to monitor equipment condition, organize maintenance workflows, and request service and parts, while also serving as a B2B marketplace that connects equipment operators with original equipment manufacturers and their authorized service networks. By centralizing maintenance data and workflows, HELIXintel aims to extend equipment life, improve uptime, and reduce environmental footprint, while saving cash, staff time, and energy for asset-intensive organizations.

Helium

Series D in 2022
Helium Systems Inc. develops Internet-of-Things (IoT) technology, focusing on sensor devices that monitor environmental factors such as temperature, humidity, barometric pressure, motion, and light. These sensors are utilized in various applications, including facility monitoring and quality control for medical products, energy management, air quality assessment, and refrigeration temperature regulation. The company offers a web and mobile dashboard for users to manage and access sensor data. Additionally, Helium operates a decentralized wireless network that enables low-power IoT devices to connect to the internet. This network incentivizes individuals to become network operators, rewarding them with a cryptocurrency for validating network transactions and contributing to the network's integrity. Incorporated in 2013 and based in San Francisco, Helium Systems continues to innovate within the IoT landscape, enhancing the ability to gather insights from smart devices.

FloodFlash

Series A in 2022
Founded in 2016, FloodFlash is a London-based tech-enabled flood insurance company. It offers parametric flood insurance using IoT sensors for instant settlement, targeting areas underserved by traditional insurers due to climate change and urbanization.

Spectrum Labs

Series B in 2022
Spectrum Labs, Inc. is a technology company that specializes in creating an artificial intelligence-based platform designed to identify and monitor online behavior. Founded in 2016 and headquartered in San Francisco, California, the company offers its flagship product, Guardian, which features an analytics dashboard and tools for community guidelines enforcement, model upgrades, data labeling, and policy consultation. Spectrum Labs serves a diverse range of clients, including those in dating, gaming, marketplaces, and social platforms, by enabling trust and safety teams to detect harmful behaviors in text and audio content. The company's solutions aim to reduce content moderation costs while enhancing the identification of toxic behaviors, ultimately contributing to a safer online environment.

Inspectify

Series A in 2021
Inspectify is a technology-driven platform that streamlines the home inspection process for real estate professionals, inspectors, and homebuyers. The service builds a nationwide network of licensed inspectors, supports customized data collection, and coordinates logistics to deliver timely, standardized property assessments. By integrating inspector performance, data capture, and streamlined reporting, the platform helps users accurately assess property conditions and estimate repair costs, improving decision making for transactions and post-purchase planning. Inspectify aims to modernize home inspections by reducing manual workflows and enabling faster, more reliable insights, ultimately enhancing transparency and value for buyers and sellers alike.

MD Group

Acquisition in 2021
MD Group is a collective brand that encompasses six distinct firms, established in 1997 and headquartered in Birkenhead, Wirral. The company specializes in providing structural warranty insurance schemes tailored for the construction industry in the UK and Europe. It offers latent defects insurance, which is complemented by a comprehensive risk management site inspection process throughout the construction phase. Additionally, MD Group provides building control services and other insurance schemes, enabling construction businesses to effectively manage and mitigate their operational risks.

Acko

Series D in 2021
Acko is a digital insurance provider that streamlines the underwriting and distribution of various insurance products through its online platform. The company specializes in personalized insurance offerings, leveraging data and analytics to tailor its products to user consumption behaviors. Acko offers a range of bite-sized insurance solutions, primarily targeting drivers and professionals within the transportation sector, while also expanding into healthcare with policies related to employee health benefits and wellness. Its approach aims to simplify the insurance buying experience, making it transparent and efficient for consumers.

Augury

Series E in 2021
Augury develops AI-driven solutions for industrial operations, monitoring machine health and process efficiency. Its platform integrates with existing systems to detect potential equipment failures, optimize performance, and reduce downtime across various industries.

High Definition Vehicle Insurance

Series B in 2021
HDVI is a technology-first commercial insurance provider. The company assesses risk using historical and real-time telematics data and provides tools and services that help fleets increase safety, rewards safe driving, and delivers efficient and fair claims processing. HDVI is headquartered in Chicago with additional offices in Greenville, South Carolina; Columbus, Ohio; Portland, Oregon; Dallas and San Francisco. High Definition Vehicle Insurance, Inc. is a licensed property casualty insurance agent with products underwritten by various insurance companies. For more information, visit https://hdvi.com.

At-Bay

Series D in 2021
At-Bay is a cyber insurance and risk management company that underwrites tailored policies addressing information privacy, network security, business disruptions, cyber extortion, financial fraud, and media risk. It provides security assessments and exposure analysis to identify and mitigate cyber risk and combines proprietary technology with insurance to offer proactive risk management alongside coverage for Cyber, Tech E&O, and Miscellaneous Professional Liability. The company operates an InsurSec platform that analyzes, models, and predicts cyber risks to tailor coverage for clients and brokers, and it delivers proprietary cybersecurity solutions such as Stance MDR. Based in Mountain View, California, with a development center in Tel Aviv, At-Bay serves thousands of US businesses through admitted and non-admitted carriers, aligning insurance protection with proactive security controls to help organizations manage digital risk.

Twelve

Series A in 2021
Twelve, formerly known as Opus 12, is a Berkeley, California-based company that specializes in recycling carbon dioxide emissions into valuable chemicals and fuels. Founded in 2015, the company has developed innovative technology that can be integrated with any source of CO₂ emissions. By utilizing only water and electricity as inputs, Twelve transforms captured carbon dioxide into essential products such as methane, ethylene, and ethanol. The firm aims to provide a cost-competitive alternative to petroleum-derived chemicals and fuels, thereby addressing carbon emissions while simultaneously creating economically viable solutions.

ManyPets

Series D in 2021
ManyPets is a pet insurance provider offering dog and cat insurance, comprehensive pet health plans, multi-pet coverage, and lifetime policies. The company delivers accessible pet health insurance and preventive wellness services through subscription-driven technology, providing pet owners with a personalized experience supported by human connections. It aims to improve outcomes for pets and their owners by combining flexible coverage with preventive care and easy-to-use digital tools.

Super

Series C in 2021
Super Home Inc. offers a subscription-based service designed to assist homeowners with care and repair for their properties. Founded in 2014 and headquartered in San Francisco, California, the company serves members in Washington, DC, and Maryland. Super provides coverage for repairs and replacements of appliances and home systems that experience breakdowns. Users can conveniently access services through various devices, including desktop and mobile platforms. Additionally, Super's maintenance schedule helps homeowners understand their property's needs, ensuring they receive timely assistance without incurring high costs.

GroupHEALTH Global Benefit Systems

Acquisition in 2021
GroupHEALTH Global Benefit Systems is an insurance company based in Surrey, Canada, specializing in health insurance and employee group benefits. The company offers a range of products, including extended health and dental coverage, disability, life and critical illness insurance, as well as employee wellness programs. By providing comprehensive plan designs and administration solutions, GroupHEALTH aims to empower businesses to effectively manage their employee benefits and enhance overall organizational health.

Span

Series A in 2021
Span develops intelligent hardware and software solutions that transform traditional electrical panels into modern smart hubs. Their AI-powered system enables homeowners to optimize energy usage, reduce bills, and future-proof their homes for growing energy demands.

Orbit Fab

Venture Round in 2020
Founded in 2018, Orbit Fab develops orbital propellant depots to expand operational potential of satellites. Its key products include Rapidly Attachable Fluid Transfer Interface (RAFTI) for on-orbit refueling and docking, and Rigid Tanker International Space Station prototypes.

At-Bay

Series C in 2020
At-Bay is a cyber insurance and risk management company that underwrites tailored policies addressing information privacy, network security, business disruptions, cyber extortion, financial fraud, and media risk. It provides security assessments and exposure analysis to identify and mitigate cyber risk and combines proprietary technology with insurance to offer proactive risk management alongside coverage for Cyber, Tech E&O, and Miscellaneous Professional Liability. The company operates an InsurSec platform that analyzes, models, and predicts cyber risks to tailor coverage for clients and brokers, and it delivers proprietary cybersecurity solutions such as Stance MDR. Based in Mountain View, California, with a development center in Tel Aviv, At-Bay serves thousands of US businesses through admitted and non-admitted carriers, aligning insurance protection with proactive security controls to help organizations manage digital risk.

Dayforward

Series A in 2020
Dayforward is a life insurance platform that provides financial security for families by offering policies that protect income until children reach adulthood and enables online purchase of personalized coverage. The platform focuses on ensuring continued income for beneficiaries in the event of the policyholder's death, helping families maintain their lifestyle with tailored protection.

Augury

Series D in 2020
Augury develops AI-driven solutions for industrial operations, monitoring machine health and process efficiency. Its platform integrates with existing systems to detect potential equipment failures, optimize performance, and reduce downtime across various industries.

Next Insurance

Series D in 2020
Founded in 2016, Next Insurance is a technology-driven online insurance agency specializing in small businesses. It offers a range of business insurance products, including general liability, professional liability, commercial auto, and workers' compensation, serving various sectors such as contractors, fitness, cleaning, and education. The company uses technology to streamline claims investigation, aiming for transparency within 48 hours.

Acko

Series D in 2020
Acko is a digital insurance provider that streamlines the underwriting and distribution of various insurance products through its online platform. The company specializes in personalized insurance offerings, leveraging data and analytics to tailor its products to user consumption behaviors. Acko offers a range of bite-sized insurance solutions, primarily targeting drivers and professionals within the transportation sector, while also expanding into healthcare with policies related to employee health benefits and wellness. Its approach aims to simplify the insurance buying experience, making it transparent and efficient for consumers.

High Definition Vehicle Insurance

Series A in 2020
HDVI is a technology-first commercial insurance provider. The company assesses risk using historical and real-time telematics data and provides tools and services that help fleets increase safety, rewards safe driving, and delivers efficient and fair claims processing. HDVI is headquartered in Chicago with additional offices in Greenville, South Carolina; Columbus, Ohio; Portland, Oregon; Dallas and San Francisco. High Definition Vehicle Insurance, Inc. is a licensed property casualty insurance agent with products underwritten by various insurance companies. For more information, visit https://hdvi.com.

ManyPets

Series C in 2020
ManyPets is a pet insurance provider offering dog and cat insurance, comprehensive pet health plans, multi-pet coverage, and lifetime policies. The company delivers accessible pet health insurance and preventive wellness services through subscription-driven technology, providing pet owners with a personalized experience supported by human connections. It aims to improve outcomes for pets and their owners by combining flexible coverage with preventive care and easy-to-use digital tools.

Sepio

Series A in 2020
Sepio is a developer of an asset risk management platform focused on protecting organizations from hardware-based attacks. The company's innovative solution operates on asset existence rather than activity, utilizing physical layer asset DNA profiling to deliver actionable visibility and policy enforcement. This platform enables security teams to gain comprehensive insights into their hardware assets and monitor their behavior in real-time. With the ability to define granular device usage rules, Sepio allows administrators to continuously oversee and safeguard their infrastructure. The solution is asset agnostic, accommodating various environments including IT, OT, and IoT, and can report on existing assets and their associated risk factors within 24 hours. Ultimately, Sepio aims to enhance clients' cybersecurity posture by providing robust control over hardware assets and mitigating the risks posed by rogue devices.

Homestead

Seed Round in 2020
Homestead facilitates affordable housing expansion by enabling California homeowners to monetize their backyard space, earning them $250k-$1.5M while constructing new homes at 25% below market average prices.

At-Bay

Series B in 2020
At-Bay is a cyber insurance and risk management company that underwrites tailored policies addressing information privacy, network security, business disruptions, cyber extortion, financial fraud, and media risk. It provides security assessments and exposure analysis to identify and mitigate cyber risk and combines proprietary technology with insurance to offer proactive risk management alongside coverage for Cyber, Tech E&O, and Miscellaneous Professional Liability. The company operates an InsurSec platform that analyzes, models, and predicts cyber risks to tailor coverage for clients and brokers, and it delivers proprietary cybersecurity solutions such as Stance MDR. Based in Mountain View, California, with a development center in Tel Aviv, At-Bay serves thousands of US businesses through admitted and non-admitted carriers, aligning insurance protection with proactive security controls to help organizations manage digital risk.

Forge

Series B in 2019
Forge Global is a private securities marketplace that serves the complex and emerging needs of the private market ecosystem by forging new connections through its technology, data, and expertise. Founded in 2014, the firm empowers investors and shareholders by facilitating liquidity in the private markets. Forge is backed by top Silicon Valley investors and large, global institutions including Deutsche Börse, Temasek, Wells Fargo, BNP Paribas, FT Partners, Draper Associates, Peter Thiel, Munich Re Ventures, and LUN Partners Group.

Next Insurance

Series C in 2019
Founded in 2016, Next Insurance is a technology-driven online insurance agency specializing in small businesses. It offers a range of business insurance products, including general liability, professional liability, commercial auto, and workers' compensation, serving various sectors such as contractors, fitness, cleaning, and education. The company uses technology to streamline claims investigation, aiming for transparency within 48 hours.

Helium

Series C in 2019
Helium Systems Inc. develops Internet-of-Things (IoT) technology, focusing on sensor devices that monitor environmental factors such as temperature, humidity, barometric pressure, motion, and light. These sensors are utilized in various applications, including facility monitoring and quality control for medical products, energy management, air quality assessment, and refrigeration temperature regulation. The company offers a web and mobile dashboard for users to manage and access sensor data. Additionally, Helium operates a decentralized wireless network that enables low-power IoT devices to connect to the internet. This network incentivizes individuals to become network operators, rewarding them with a cryptocurrency for validating network transactions and contributing to the network's integrity. Incorporated in 2013 and based in San Francisco, Helium Systems continues to innovate within the IoT landscape, enhancing the ability to gather insights from smart devices.

Super

Series B in 2019
Super Home Inc. offers a subscription-based service designed to assist homeowners with care and repair for their properties. Founded in 2014 and headquartered in San Francisco, California, the company serves members in Washington, DC, and Maryland. Super provides coverage for repairs and replacements of appliances and home systems that experience breakdowns. Users can conveniently access services through various devices, including desktop and mobile platforms. Additionally, Super's maintenance schedule helps homeowners understand their property's needs, ensuring they receive timely assistance without incurring high costs.

INSHUR

Series A in 2019
INSHUR is a digital insurance platform specializing in auto insurance for drivers and fleet owners. It leverages proprietary data and analytics to provide quotations, facilitate purchases, and manage insurance policies, enabling users to handle their entire insurance lifecycle via mobile devices.

Augury

Series C in 2019
Augury develops AI-driven solutions for industrial operations, monitoring machine health and process efficiency. Its platform integrates with existing systems to detect potential equipment failures, optimize performance, and reduce downtime across various industries.

Hippo Insurance

Series C in 2018
Hippo Insurance offers innovative home insurance solutions, leveraging real-time data and smart home technology to enhance protection for homeowners. Headquartered in Palo Alto with offices in Texas, it provides comprehensive coverage, including electronics, appliances, water backup, and service line protection. Hippo operates as an insurance agent with products underwritten by various companies, serving over 80% of U.S. homeowners across 37 states.

Fraugster

Series B in 2018
Founded in 2014, Fraugster is a German-Israeli company specializing in anti-fraud technology. It offers an artificial intelligence-based system that anticipates and prevents fraudulent attacks, helping businesses minimize cyber threats and maximize revenues.

Zeguro

Seed Round in 2018
Zeguro Inc. is a cyber security and insurance platform based in San Francisco, California, founded in 2016. The company focuses on helping small and medium-sized enterprises (SMEs) identify and mitigate cyber risks. Zeguro's platform enables these businesses to assess their vulnerabilities and offers tailored insurance solutions to cover potential losses from incidents such as data breaches, business interruptions, cyber extortion, and payment fraud. In addition to insurance, Zeguro provides cybersecurity training and monitoring services, ensuring that SMEs can effectively protect themselves against cyber threats while benefiting from affordable and comprehensive cyber insurance coverage.

Slice Labs

Series A in 2018
Slice Labs Inc. is a New York-based company that specializes in providing on-demand insurance platforms tailored for the evolving on-demand economy. The company offers an Insurance Cloud Services (ICS) platform, which empowers insurers and technology providers to create flexible, pay-as-you-go digital insurance products that cater to the needs of users anytime and anywhere. Slice also features Slice Mind, an AI-driven tool that assists organizations in personalizing, simulating, and predicting insurance risk, enhancing decision-making in insurance offerings. Additionally, Slice operates Duuo, a digital insurance brand focused on on-demand solutions. With a presence in the United Kingdom and the European Union, as well as operations expanding into the Asia Pacific region, Slice Labs is positioned as a key player in the innovative landscape of digital insurance services.

Relayr

Acquisition in 2018
Relayr is an IoT company providing enterprise middleware and industrial IoT solutions to enable digital transformation across industries. Its platform connects industrial equipment, collects and analyzes operational readings, detects anomalies, and supports customization across diverse hardware and connectivity within complex IT ecosystems. The company offers implementation, production line optimization, equipment service, and starter programs, helping manufacturers and service providers derive actionable insights and create new data-driven offerings. Relayr serves manufacturing, automotive, food processing, and power generation sectors, focusing on turning device data into meaningful business outcomes.

Next Insurance

Series B in 2018
Founded in 2016, Next Insurance is a technology-driven online insurance agency specializing in small businesses. It offers a range of business insurance products, including general liability, professional liability, commercial auto, and workers' compensation, serving various sectors such as contractors, fitness, cleaning, and education. The company uses technology to streamline claims investigation, aiming for transparency within 48 hours.

ManyPets

Series B in 2018
ManyPets is a pet insurance provider offering dog and cat insurance, comprehensive pet health plans, multi-pet coverage, and lifetime policies. The company delivers accessible pet health insurance and preventive wellness services through subscription-driven technology, providing pet owners with a personalized experience supported by human connections. It aims to improve outcomes for pets and their owners by combining flexible coverage with preventive care and easy-to-use digital tools.

Relayr

Series C in 2018
Relayr is an IoT company providing enterprise middleware and industrial IoT solutions to enable digital transformation across industries. Its platform connects industrial equipment, collects and analyzes operational readings, detects anomalies, and supports customization across diverse hardware and connectivity within complex IT ecosystems. The company offers implementation, production line optimization, equipment service, and starter programs, helping manufacturers and service providers derive actionable insights and create new data-driven offerings. Relayr serves manufacturing, automotive, food processing, and power generation sectors, focusing on turning device data into meaningful business outcomes.

Mnubo

Series B in 2018
Mnubo Inc. is a Montreal-based company that specializes in smart data management and analytics for the Internet of Things (IoT). Founded in 2012, Mnubo provides a cloud platform that enables original equipment manufacturers (OEMs) to connect, collect, analyze, and act on data from their products. The company's solutions include data collection, aggregation, and management services tailored for real-time IoT data streams. Mnubo's offerings cater to various sectors, including wearables, industrial, automotive, building, and healthcare, helping manufacturers gain insights to enhance product usage, boost customer engagement, and reduce operational costs. The platform is designed for rapid deployment, allowing manufacturers and service providers to quickly implement IoT solutions without extensive IT resources or lengthy roll-out plans. Mnubo operates as a subsidiary of Aspen Technology, Inc. as of July 2019.

Relayr

Series B in 2017
Relayr is an IoT company providing enterprise middleware and industrial IoT solutions to enable digital transformation across industries. Its platform connects industrial equipment, collects and analyzes operational readings, detects anomalies, and supports customization across diverse hardware and connectivity within complex IT ecosystems. The company offers implementation, production line optimization, equipment service, and starter programs, helping manufacturers and service providers derive actionable insights and create new data-driven offerings. Relayr serves manufacturing, automotive, food processing, and power generation sectors, focusing on turning device data into meaningful business outcomes.

We Predict

Venture Round in 2017
We Predict Ltd. is a company that specializes in predictive analytics for the automotive industry, providing innovative solutions to manufacturers and their supply chains both in the United Kingdom and globally. Established in 2008 and located in Swansea, the company utilizes advanced machine learning and actuarial mathematics to offer services such as Indico, an automated warranty data analytics platform. This platform enables automotive manufacturers to conduct extensive analyses of warranty data, facilitating quicker issue detection and uncovering hidden cost savings. By focusing on predictive methodologies, We Predict helps clients anticipate and mitigate potential component failures, thereby reducing the risk of expensive recalls and warranty claims. The company prides itself on transforming both big and small data into actionable insights, leveraging the expertise of a dedicated team of mathematicians, statisticians, and computer scientists to deliver comprehensible results that enhance decision-making and improve financial performance for its clients.

Slice Labs

Series A in 2017
Slice Labs Inc. is a New York-based company that specializes in providing on-demand insurance platforms tailored for the evolving on-demand economy. The company offers an Insurance Cloud Services (ICS) platform, which empowers insurers and technology providers to create flexible, pay-as-you-go digital insurance products that cater to the needs of users anytime and anywhere. Slice also features Slice Mind, an AI-driven tool that assists organizations in personalizing, simulating, and predicting insurance risk, enhancing decision-making in insurance offerings. Additionally, Slice operates Duuo, a digital insurance brand focused on on-demand solutions. With a presence in the United Kingdom and the European Union, as well as operations expanding into the Asia Pacific region, Slice Labs is positioned as a key player in the innovative landscape of digital insurance services.

Augury

Series B in 2017
Augury develops AI-driven solutions for industrial operations, monitoring machine health and process efficiency. Its platform integrates with existing systems to detect potential equipment failures, optimize performance, and reduce downtime across various industries.

Neos

Series A in 2017
Neos specializes in smart home insurance, utilizing connected technology such as alarm systems, cameras, smoke detectors, and leak sensors to protect properties and prevent potential damage. The company offers 24/7 monitoring services and an iOS mobile application for system control and leak detection.

Next Insurance

Series A in 2017
Founded in 2016, Next Insurance is a technology-driven online insurance agency specializing in small businesses. It offers a range of business insurance products, including general liability, professional liability, commercial auto, and workers' compensation, serving various sectors such as contractors, fitness, cleaning, and education. The company uses technology to streamline claims investigation, aiming for transparency within 48 hours.

Trōv

Series D in 2017
Trov is a leading insurance technology company that specializes in providing digital insurance products and data-driven solutions. Founded in 2012 by Scott Walchek, the company has developed a robust platform that supports financial institutions and insurance providers in delivering modern insurance solutions for homeowners, renters, drivers, and small businesses. Trov's technology enables a comprehensive range of services across the insurance value chain, including quoting, policy management, billing, claims management, and analytics. By combining powerful software with tailored insurance products, Trov addresses complex risk management challenges, particularly in the areas of emerging mobility and gig work. The company, headquartered in the San Francisco Bay Area with additional offices in New York and London, serves a diverse clientele, including prominent industry players such as Waymo, Groupe PSA, Lloyds Banking Group, and Suncorp.

ManyPets

Series A in 2017
ManyPets is a pet insurance provider offering dog and cat insurance, comprehensive pet health plans, multi-pet coverage, and lifetime policies. The company delivers accessible pet health insurance and preventive wellness services through subscription-driven technology, providing pet owners with a personalized experience supported by human connections. It aims to improve outcomes for pets and their owners by combining flexible coverage with preventive care and easy-to-use digital tools.

Super

Series A in 2016
Super Home Inc. offers a subscription-based service designed to assist homeowners with care and repair for their properties. Founded in 2014 and headquartered in San Francisco, California, the company serves members in Washington, DC, and Maryland. Super provides coverage for repairs and replacements of appliances and home systems that experience breakdowns. Users can conveniently access services through various devices, including desktop and mobile platforms. Additionally, Super's maintenance schedule helps homeowners understand their property's needs, ensuring they receive timely assistance without incurring high costs.

Relayr

Series B in 2016
Relayr is an IoT company providing enterprise middleware and industrial IoT solutions to enable digital transformation across industries. Its platform connects industrial equipment, collects and analyzes operational readings, detects anomalies, and supports customization across diverse hardware and connectivity within complex IT ecosystems. The company offers implementation, production line optimization, equipment service, and starter programs, helping manufacturers and service providers derive actionable insights and create new data-driven offerings. Relayr serves manufacturing, automotive, food processing, and power generation sectors, focusing on turning device data into meaningful business outcomes.

Eurosender

Seed Round in 2016
Eurosender is a logistics platform that specializes in international door-to-door shipping of parcels and luggage. Founded in 2014 and headquartered in Luxembourg, the company operates offices in London, Berlin, Ljubljana, Kiev, and Gdynia. Eurosender aims to streamline logistics processes for businesses of various sizes by providing a digital solution that allows them to manage their logistics operations online at no cost. The platform integrates advanced automation features with insights from a team of logistics specialists, enabling companies to analyze their logistics data, make informed decisions, and enhance operational efficiency. By serving as a global marketplace that connects transportation providers with businesses, Eurosender facilitates the optimization and scaling of logistics operations through innovative pricing and service technologies.
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