Group1001

Group1001 is an insurance holding company that makes insurance and retirement products more useful, intuitive, and accessible for everyone. It is combining deep industry expertise with a nimble, tech-driven culture. Group 1001 is committed to empowering communities through education and sports so that everyone can achieve their dreams. Its corporate social programs to date have spanned 22 states, positively impacting over 200,000 youths, and have included public and private partnerships to revitalize youth sports fields in at-risk communities and create mentoring and education programs.

Vidhyarth Hariharan

Senior Leverager and Vice President

5 past transactions

Lendbuzz

Venture Round in 2023
Lendbuzz, Inc. operates an innovative car financing platform that utilizes machine learning algorithms to assess the creditworthiness of individuals, particularly those with thin or no credit history. Founded in 2015 and based in Boston, Massachusetts, the company focuses on providing financing solutions for consumers who are often underserved by traditional banks, including international students, foreign professionals, and expatriates. By analyzing a range of background information—such as employment, education, and financial history—Lendbuzz is able to extend loans and refinancing options with favorable terms, regardless of credit score or the presence of a social security number. The platform partners with auto dealerships to facilitate access to financing, allowing consumers to purchase vehicles while enabling dealerships to serve a broader and more diverse client base.

Kin Insurance

Debt Financing in 2022
Kin Insurance, Inc. is a digital insurance agency specializing in homeowners insurance and related products, including mobile home, condo, flood, manufactured home, landlord, umbrella, hurricane, wildfire, and second home insurance. Founded in 2016 and headquartered in Chicago, Illinois, with an additional office in St. Petersburg, Florida, Kin Insurance operates payment processing offices in Palatine and Chicago. By eliminating external agents, Kin Insurance offers a direct-to-consumer model that enhances the convenience and affordability of homeowners insurance. The company's technology platform provides a seamless user experience, personalized coverage options, and efficient claims processing. Kin leverages extensive property data to deliver precise pricing and improve underwriting outcomes.

Sensible Weather

Series A in 2022
Sensible Weather is a climate risk technology company focused on mitigating the impact of adverse weather on travelers and travel partners. It provides a partner-branded Weather Guarantee service that automatically reimburses travelers when their experiences are disrupted by bad weather. Utilizing its proprietary climate data and risk analytics platform, Sensible Weather calculates Weather Guarantee pricing in real-time, which not only enhances the travel experience but also generates additional revenue for its partners. The company's insights offer valuable climate information and change projections, enabling users to stay informed about weather conditions and make better decisions for their travel and event planning.

Sensible Weather

Seed Round in 2021
Sensible Weather is a climate risk technology company focused on mitigating the impact of adverse weather on travelers and travel partners. It provides a partner-branded Weather Guarantee service that automatically reimburses travelers when their experiences are disrupted by bad weather. Utilizing its proprietary climate data and risk analytics platform, Sensible Weather calculates Weather Guarantee pricing in real-time, which not only enhances the travel experience but also generates additional revenue for its partners. The company's insights offer valuable climate information and change projections, enabling users to stay informed about weather conditions and make better decisions for their travel and event planning.

Coterie Insurance

Series B in 2021
Coterie Insurance is an InsurTech company focused on simplifying commercial insurance for small businesses through an API-based platform. By leveraging data-backed underwriting and automation, Coterie delivers accurate pricing and a streamlined submission-to-bind process. This technology allows clients to efficiently obtain coverage, receive quotes, and issue policies, ultimately saving time and alleviating the complexities associated with managing insurance audits. Coterie's approach aims to remove unwanted risks for businesses, enhancing their overall insurance experience.
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