Grinnell Mutual

Grinnell Mutual, established in 1909, is the 110th-largest property casualty insurance company in the United States and the largest primary reinsurer of farm mutual companies in North America. They offer reinsurance for farm mutual insurance companies and property and casualty insurance in 19 states. Grinnell Mutual's mission is to foster trusted relationships by providing state-of-the-art reinsurance solutions and consultative services to member mutuals, offering insurance solutions with a focus on ease of doing business to agents, fulfilling promises to policyholders in times of need, and creating an innovative environment for employees to thrive. They have maintained an 'A' rating for financial strength from A.M. Best since 1976 and have been recognized as a top property casualty insurer by Insurance Journal and a top employer by Forbes, Vault, and Iowa Top Workplace.

Dave Wingert

Executive Vice President and Chief Operations Officer

4 past transactions

FarrPro

Seed Round in 2018
FarrPro, Inc. is a manufacturer based in Iowa City, Iowa, specializing in industrial heaters designed for farrowing facilities. Founded in 2017, the company focuses on enhancing animal welfare and productivity in the pork industry through innovative technologies. Its flagship product, Haven, creates a microclimate enclosure for piglets by evenly distributing heat and light, which improves the health and comfort of both piglets and sows. This system not only ensures a safe and energy-efficient environment for optimal piglet growth but also provides pork producers with valuable insights and control over their operations, thereby fostering greater consumer confidence in the protein supply chain.

FindBob

Seed Round in 2017
FindBob is a technology company that offers a growth, transition, and succession planning platform tailored for financial advisors and insurance agents. By leveraging machine learning and gamification, FindBob aims to simplify the process of advisor transitions and enhance the overall experience for users. The platform facilitates connections between financial advisors and firms, promoting a culture of growth within the industry. It enables users to discover opportunities safely, manage internal adjustments, and implement strategies that protect assets. Additionally, FindBob's solutions help firms attract and retain talent, generate new revenue streams, and ensure that advisory practices adhere to fiduciary responsibilities.

Drive Spotter

Convertible Note in 2017
Drive Spotter is a technology company based in Omaha, Nebraska, specializing in a video analytics platform tailored for high-risk heavy industries. Founded in 2015, the company aims to enhance road safety and efficiency for commercial fleets and their insurers. By utilizing real-time analytics, Drive Spotter provides fleet managers with crucial insights that facilitate remote monitoring of incidents and potential threats, thereby aiding in accident prevention. The company’s patent-pending technology not only offers significant cost-saving measures for fleet operations but also positions itself as a vital resource for insurers, map developers, and urban planners, especially in the context of advancing autonomous vehicle technologies.

Drive Spotter

Seed Round in 2016
Drive Spotter is a technology company based in Omaha, Nebraska, specializing in a video analytics platform tailored for high-risk heavy industries. Founded in 2015, the company aims to enhance road safety and efficiency for commercial fleets and their insurers. By utilizing real-time analytics, Drive Spotter provides fleet managers with crucial insights that facilitate remote monitoring of incidents and potential threats, thereby aiding in accident prevention. The company’s patent-pending technology not only offers significant cost-saving measures for fleet operations but also positions itself as a vital resource for insurers, map developers, and urban planners, especially in the context of advancing autonomous vehicle technologies.
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