Global Founders Capital

Flitter is a neo-insurance company that specializes in pay-per-mile auto insurance, enabling drivers to pay for coverage based on the actual distance driven. It was established in response to the fact that many drivers in France, particularly those driving less than 10,000 kilometers annually, often overpay for traditional car insurance. By offering variable rates tailored to low-mileage drivers, Flitter aims to provide a cost-effective insurance solution. The company also features an app-based platform that manages insurance contracts and reimbursements, allowing users to easily access their insurance needs in one place. At the end of each year, Flitter refunds any remaining contributions after claims have been reimbursed, promoting financial fairness and encouraging responsible driving behaviors.

Momento is an insurtech company focused on transforming the insurance landscape in Latin America, particularly in the auto insurance sector. Leveraging technology and data, Momento aims to enhance the user experience by simplifying the purchasing process and offering personalized pricing tailored to individual drivers. The platform provides comprehensive services, including driving behavior analysis, information on fines, theft risk assessments in specific areas, and details about affordable gas stations and parking options. Additionally, Momento streamlines the claims process, making it automated and user-friendly, while also targeting the uninsured demographic in Latin America to broaden its market reach.

Bastion is a cloud-based cybersecurity platform designed to address the security, compliance, insurance, and risk management needs of businesses. The company provides a comprehensive solution for safeguarding business assets and employees by establishing a resilient cybersecurity posture. Bastion enhances security awareness through training and simulated phishing attacks, which help reduce human risk. This integrated approach enables businesses to manage their cyber defense quickly and efficiently, ensuring a robust protection strategy against potential threats.

Opkit is a startup backed by Y Combinator that focuses on enhancing the healthcare industry through technology. It offers a HIPAA-compliant software platform designed to automate routine phone calls for healthcare provider organizations. In addition to facilitating essential communications, Opkit operates a health insurance verification platform that performs eligibility checks for patients' insurance plans. This platform automates various eligibility-related inquiries, such as confirming whether a patient's insurance is active, determining network status, and identifying applicable benefits like copays and deductibles. By streamlining these processes, Opkit aims to improve access to quality and affordable healthcare services.

Evy Merchants specializes in providing product protection services, focusing on warranty extension plans for various businesses. The company offers extended warranties on a diverse array of products, including home appliances, sports equipment, and office supplies. By enabling businesses to offer these warranty extensions, Evy Merchants helps them enhance their revenue while providing customers with added security for their purchases.

Heru is a company focused on enhancing the lives of gig-economy workers by offering a comprehensive suite of services tailored to their needs. Founded in 2019 by Mateo Jaramillo and Stiven Rodriguez Sanchez, and based in Mexico City, Heru aims to improve the conditions of independent workers through technology-driven solutions. The company's financial technology platform provides essential tools for managing accounting, including electronic invoicing and tax management. It offers customized insurance policies, working capital, credit options, and financial guidance, as well as facilitating tax declarations and providing cell phone data plans. Heru's mission is to empower freelancers and independent workers by simplifying their financial responsibilities and ensuring they have access to necessary resources and expert assistance.

Ranger Station specializes in modernizing home insurance through a digital platform that enhances the capabilities of insurance agents. By offering a range of affordable and quality personal insurance products, Ranger Station aims to ensure the safety and security of households. The proprietary platform empowers agents to better serve their clients by providing essential tools and resources that facilitate education and informed decision-making regarding personal risk management. Through this approach, Ranger Station seeks to build stronger relationships between agents and customers, ultimately fostering a more secure environment for modern families.

R5 is a company based in Colombia that simplifies vehicle ownership for its customers. It operates an online platform designed to facilitate financing through the use of assets like cars and motorcycles as collateral. The platform caters primarily to low-income individuals, allowing them to refinance high-interest debt or secure funds for business investments. Additionally, R5 offers a digital solution for purchasing compulsory vehicle insurance at affordable rates, enabling customers to leverage their vehicles to access credit options with lower interest rates. This approach aims to make financial services more accessible and manageable for its users.

Aman specializes in modern technology solutions for employee benefits management, aiming to streamline the complexities associated with benefits administration. Its platform is designed to help companies efficiently manage their employee benefits, allowing for customization and easy tracking of claims status. By automating reporting and enhancing employee engagement, Aman’s software empowers organizations to effectively recruit and retain top talent. The company's offerings focus on delivering a superior experience for both employers and employees, simplifying the task of managing health benefits and enhancing overall satisfaction.

Faye is a travel insurance company that offers comprehensive coverage for travelers, including health, trip, personal belongings, and even pets. The company utilizes advanced technology to enhance the travel experience, providing consumers with real-time solutions and support through a user-friendly app. Faye's automated platform focuses on resolving flight disruptions and ensuring quick claims processing and reimbursements. With 24/7 customer service specialists, Faye aims to turn travel mishaps into manageable experiences, allowing travelers to navigate unforeseen challenges with ease. The company's innovative approach redefines traditional travel insurance by prioritizing customer-centric solutions and seamless assistance throughout the journey.

Better Financial is a holding company focused on developing fintech brands that assist Americans in managing their financial needs. Its primary offering is a banking application designed to address medical debts, featuring a built-in insurance policy that covers medical deductibles and essential everyday expenses such as rent, groceries, and lost income during medical emergencies. By leveraging shared engineering, compliance, and growth strategies, Better Financial aims to scale its fintech solutions to reach millions of users effectively.

Mistho operates a fintech platform that provides the first open payroll API in Europe, allowing consumers to securely access and share their salary and employment information with third parties, including banks, insurance companies, and lenders. The platform simplifies the income verification process, enabling businesses to integrate Mistho's tools into their existing systems. This service addresses common challenges faced by consumers, such as sharing payslips when applying for loans or renting property, by allowing them to log in to their payroll portal without the need for manual uploads or assistance from HR departments. By streamlining income verification, Mistho aims to enhance consumer experiences across the financial technology sector.

Seyna is a digital insurance company based in Paris, France, established in 2018. It specializes in providing white label damage insurance products tailored for various needs. Its offerings include rental insurance, coverage for tuition fees at private institutions in case of illness, protection for self-employed workers' equipment, and cancellation cover for ticketing. Seyna also operates an insurance creation, management, and distribution platform designed for brokers, facilitating the customization and easy management of insurance products across different sectors, including non-life insurance.

Flitter is a neo-insurance company that specializes in pay-per-mile auto insurance, enabling drivers to pay for coverage based on the actual distance driven. It was established in response to the fact that many drivers in France, particularly those driving less than 10,000 kilometers annually, often overpay for traditional car insurance. By offering variable rates tailored to low-mileage drivers, Flitter aims to provide a cost-effective insurance solution. The company also features an app-based platform that manages insurance contracts and reimbursements, allowing users to easily access their insurance needs in one place. At the end of each year, Flitter refunds any remaining contributions after claims have been reimbursed, promoting financial fairness and encouraging responsible driving behaviors.

Bennie is focused on enhancing access to employee benefits through its innovative software platform and brokerage services. The company simplifies the complexities of benefits management by connecting various systems within the benefits supply chain. Its user-friendly app offers features such as answers to benefits and claim inquiries, detailed plan information, insurance cards, and a marketplace for benefits. By streamlining these processes, Bennie aims to create a healthier workplace and improve overall accessibility for employees seeking better benefits. The team comprises industry experts from leading benefits firms, technology startups, and insurance carriers, all dedicated to helping individuals lead healthier lives.

Telivy is a provider of a comprehensive platform aimed at helping businesses safeguard themselves against cyber threats. The company specializes in offering remediation solutions and facilitating access to cyber insurance by providing tailored quotes and coverage recommendations. Their platform includes tools designed to streamline workflows, enabling users to create digital cyber applications and obtain client-ready proposals. Additionally, Telivy offers features such as coverage highlights, benchmarking, and marketing summaries, ensuring that organizations can effectively mitigate risks associated with cyberattacks while securing the best possible insurance coverage for their specific needs.

Addenda LTD, established in 2018 and headquartered in Dubai, United Arab Emirates, specializes in providing blockchain-based distributed ledger technology (DLT) services to the insurance industry. The company streamlines insurance processes, enables real-time task reporting, and securely records claim and policy data onto the blockchain for enhanced transparency and security. Additionally, Addenda offers data input validation and analysis services. In 2020, Addenda launched Hala Insurance, an insurtech startup aiming to provide affordable, quick, and online car and home insurance to the 500 million people living in the Middle East and North Africa (MENA) region, thereby disrupting the traditional insurance industry.

Veera Health is a healthcare service provider focused on delivering online treatment for polycystic ovary syndrome (PCOS). The company offers a mobile application that integrates evidence-based therapy with personalized coaching and specialist support. Through a subscription model, users receive tailored management plans, clinical evaluations, and weight loss programs specifically designed for women with PCOS. The app facilitates consultations and therapy, provides access to medications, and helps coordinate follow-up appointments, ensuring comprehensive management of the condition.

Hoggo simplifies the world of insurance for professionals and enterprises in France. It provides an unique user experience for managing, subscribing and resiliating all type of insurance from all the insurers. Whatever your "conventions collectives" or your "code ape " basically your domain of activity, Hoggo will find or optimize the best insurance for your company.

Breach Insurance is a company that develops, underwrites, and distributes insurance solutions specifically for the digital asset marketplace. Founded in 2018 in Boston, Massachusetts, it addresses the significant insurance gap in the cryptocurrency sector by offering coverage against the loss of crypto assets due to exchange hacks. Breach Insurance provides an intuitive dashboard that allows users to easily customize their policies, manage notifications, and submit claims. The company focuses on creating regulated insurance services for both enterprises and individuals, aiming to enhance the financial insurance infrastructure and protect the crypto economy from fraud.

Goodcover is an online insurance platform that focuses on providing a transparent and equitable approach to home, condo, and renters insurance. By utilizing a cooperative model, the company aims to make financial security accessible to a broader audience. Goodcover takes a fixed percentage of premiums and refunds the remaining amount to customers at the end of the year, allowing them to receive back their unclaimed premiums. This model emphasizes clarity in coverage and promotes a fairer insurance experience for its users.

SingularCover is an online insurance provider tailored specifically for small businesses, including SMEs and self-employed individuals. The company utilizes data analytics and artificial intelligence to generate personalized insurance policies, ensuring that the coverage meets the unique needs of each client. By streamlining the application process, SingularCover allows users to obtain quotes and set up monthly payment plans with minimal bureaucracy, making it easy to understand and purchase insurance in just a few clicks. This focus on simplicity and efficiency helps businesses save time while securing the necessary protection.

Seyna is a digital insurance company based in Paris, France, established in 2018. It specializes in providing white label damage insurance products tailored for various needs. Its offerings include rental insurance, coverage for tuition fees at private institutions in case of illness, protection for self-employed workers' equipment, and cancellation cover for ticketing. Seyna also operates an insurance creation, management, and distribution platform designed for brokers, facilitating the customization and easy management of insurance products across different sectors, including non-life insurance.

Next Insurance Inc. is an online insurance agency that specializes in providing various insurance products and services tailored for small businesses. Founded in 2015 and based in Palo Alto, California, the company offers business, general liability, professional liability, commercial auto, and workers’ compensation insurance. By leveraging technology, Next Insurance eliminates the need for agents and reduces costs, enabling it to offer competitive pricing. The company's services cater to a diverse range of sectors, including construction, fitness, cleaning, beauty, therapy, entertainment, and education. Additionally, Next Insurance prioritizes timely claims processing, often investigating claims within 48 hours to ensure transparency and efficiency for its clients.

Hoggo simplifies the world of insurance for professionals and enterprises in France. It provides an unique user experience for managing, subscribing and resiliating all type of insurance from all the insurers. Whatever your "conventions collectives" or your "code ape " basically your domain of activity, Hoggo will find or optimize the best insurance for your company.

SingularCover is an online insurance provider tailored specifically for small businesses, including SMEs and self-employed individuals. The company utilizes data analytics and artificial intelligence to generate personalized insurance policies, ensuring that the coverage meets the unique needs of each client. By streamlining the application process, SingularCover allows users to obtain quotes and set up monthly payment plans with minimal bureaucracy, making it easy to understand and purchase insurance in just a few clicks. This focus on simplicity and efficiency helps businesses save time while securing the necessary protection.

TheGuarantors is a FinTech company that provides risk and financial solutions tailored for the real estate sector. Its platform offers an innovative rental coverage service that allows tenants to replace traditional security deposits with a small annual fee, thereby making renting more affordable and accessible. This solution not only helps tenants free up capital but also offers landlords the protection they require during the leasing process. By leveraging data and industry expertise in real estate and finance, TheGuarantors enhances the efficiency of leasing transactions, benefiting landlords, brokers, and renters alike. The company has received recognition for its growth and impact within the industry, appearing on notable lists such as The Inc. 5000 and Forbes' Best Startup Employers.

Insurami, founded in 2018 by Arnor K. Davidsson and Majed Chaaraoui, is based in London and offers innovative deposit replacement insurance. The company aims to transform financial practices in commercial real estate by providing landlords with an insurance platform that offers the same level of protection as traditional deposits without requiring the holding of tenant funds. This approach allows landlords to attract a broader range of clients by facilitating deposit-free renting, thereby streamlining the leasing process for office spaces.

Next Insurance Inc. is an online insurance agency that specializes in providing various insurance products and services tailored for small businesses. Founded in 2015 and based in Palo Alto, California, the company offers business, general liability, professional liability, commercial auto, and workers’ compensation insurance. By leveraging technology, Next Insurance eliminates the need for agents and reduces costs, enabling it to offer competitive pricing. The company's services cater to a diverse range of sectors, including construction, fitness, cleaning, beauty, therapy, entertainment, and education. Additionally, Next Insurance prioritizes timely claims processing, often investigating claims within 48 hours to ensure transparency and efficiency for its clients.

TheGuarantors is a FinTech company that provides risk and financial solutions tailored for the real estate sector. Its platform offers an innovative rental coverage service that allows tenants to replace traditional security deposits with a small annual fee, thereby making renting more affordable and accessible. This solution not only helps tenants free up capital but also offers landlords the protection they require during the leasing process. By leveraging data and industry expertise in real estate and finance, TheGuarantors enhances the efficiency of leasing transactions, benefiting landlords, brokers, and renters alike. The company has received recognition for its growth and impact within the industry, appearing on notable lists such as The Inc. 5000 and Forbes' Best Startup Employers.

Next Insurance Inc. is an online insurance agency that specializes in providing various insurance products and services tailored for small businesses. Founded in 2015 and based in Palo Alto, California, the company offers business, general liability, professional liability, commercial auto, and workers’ compensation insurance. By leveraging technology, Next Insurance eliminates the need for agents and reduces costs, enabling it to offer competitive pricing. The company's services cater to a diverse range of sectors, including construction, fitness, cleaning, beauty, therapy, entertainment, and education. Additionally, Next Insurance prioritizes timely claims processing, often investigating claims within 48 hours to ensure transparency and efficiency for its clients.

Iovation Inc. is a company that specializes in device-based software solutions for fraud prevention and authentication, catering to online businesses and their users. Founded in 2004 and headquartered in Portland, Oregon, Iovation offers products such as ClearKey, LaunchKey, FraudForce, and SureScore, which address various types of fraud including payment fraud, account takeover, and application fraud. The company's services encompass advanced device identification, shared device reputation, and real-time risk evaluation, allowing businesses to reduce financial losses from fraud while enhancing operational efficiency. Iovation's solutions are delivered through a distributed SaaS infrastructure, enabling support for substantial transaction volumes across various sectors, including retail, financial services, insurance, and gaming. The company has established strategic partnerships with several organizations to bolster its offerings. As of July 2018, Iovation operates as a subsidiary of TransUnion.