Mehrdad Piroozram

Founder and General Partner

9 past transactions

Sweetch

Series A in 2021
Sweetch Health Ltd. provides a platform that predicts personal diabetes risk and drives long-term behavioral change to prevent diabetes. The artificial intelligence (AI) technology offers personalized recommendations that can be realistically achieved and are continuously adapted based on the user's past behavior by automatically processing smartphone-originated data streams, including geo-location, schedule, physical activity patterns, driving and walking routes, weather, and surroundings, which are translated into insights about the individual's lifestyle habits. Sweetch Health Ltd. company was founded in 2013 and is based in Jerusalem, Israel.

insurninja GmbH

Angel Round in 2017
Insurninja offers the first gaming-insurance. Providing tailor-made services for gamers, esport-organisations and streamers. From hardware insurance in DIY-building to epic insurance bundles - fully modifiable, professional and easy to handle.

Sherpa

Seed Round in 2017
Sherpa Management Services Ltd. is an insurance technology company based in Malta, specializing in personalized online insurance solutions. Founded in 2015, it offers users a comprehensive platform that includes risk assessment, an online account, and the ability to adjust insurance policies based on individual circumstances. Sherpa Management Services UK Ltd., established in 2017 and located in London, provides insurance brokerage services focusing on life and critical illness insurance. The company operates an AI-driven platform that analyzes risk and recommends appropriate insurance coverage. Additionally, it offers subscription-based services such as Advice Membership, which delivers financial guidance on insurance needs, and Insurance Membership, providing commission-free insurance and tailored advice. Sherpa aims to streamline the insurance process, offering a single, personalized account that addresses various risks, thus aligning its interests with those of its clients.

Neos

Seed Round in 2016
Neos Ventures Ltd. is a home insurance provider based in London, UK, that integrates smart technology to enhance property protection. Established in 2016, the company offers a suite of devices including alarm systems, indoor security cameras, smoke detectors, and flood and leak detectors. Neos focuses on preventing damage that could lead to insurance claims by alerting homeowners to potential threats such as break-ins, leaks, or fires. The company also provides 24/7 monitoring services and emergency assistance, ensuring prompt response to any incidents. Additionally, Neos offers an iOS mobile application that allows users to manage their security systems and receive real-time alerts. This innovative approach aims to safeguard not only the property but also the well-being of its customers.

RightIndem

Seed Round in 2016
RightIndem Limited operates an online self-service platform for managing total loss insurance claims, founded in 2016 and based in Bedford, United Kingdom. The platform serves various insurance sectors, including automotive, home, and marine insurance, offering a user-friendly experience that allows customers to handle their claims at their convenience. By simplifying the claims process and eliminating complex jargon, RightIndem significantly enhances claim cycle times and overall customer satisfaction. The backend services of the platform reduce the administrative burden associated with claim processing, enabling claims handlers to concentrate on more valuable tasks. This efficiency can increase productivity by up to four times daily for claims handlers and provides management with improved visibility into claims metrics. Consequently, insurers can potentially save substantial amounts per claim, while also freeing brokers to focus on securing new business opportunities.

Pillar Technologies

Seed Round in 2016
Pillar Technologies, Inc. specializes in construction site risk management services by utilizing on-site sensors to monitor environmental conditions that can lead to significant revenue losses for general contractors and insurance companies. Founded in 2015 and based in Somerville, Massachusetts, the company focuses on detecting and preventing destructive conditions such as fire outbreaks, high humidity, and mold growth. Its real-time risk management platform offers features like risk education, failure forecasting, and insurance optimization, enabling users to access timely information and alerts. Additionally, Pillar Technologies leverages predictive analytics to inform building strategies and management practices, helping to mitigate risks associated with accident-prone scenarios.

Virado

Seed Round in 2016
Virado (ED Ensure Digital GmbH, formerly ED Erste Digital GmbH) was founded in Cologne by Armin Molla, after he found himself repeatedly and frequently confronted with the possibilities for digitalization in the insurance industry. Together with Christian Berlage and Achim Hepp, they have assembled a founding team with decades of knowledge gained in insurance and digital markets, a team of experts from different areas who complement each other perfectly. The speed of digitalization, as well as the quick connections created between many different cooperative partners, completely overloads insurance company IT system vendors. Additionally, large cooperations frequently lack the specialized and marketing knowledge necessary to operate through new channels like Facebook. They take over these tasks, solving a concrete problem experienced by insurers: quickness, flexibility, and new business for new, young, and purely digital target audiences.

Docady

Seed Round in 2015
Docady Israel Ltd. develops a mobile application that provides a cloud-based platform, which organizes and manages user's essential (personal and family) information, materials, and documents. It makes its application available on smartphone and iOS devices. The company was founded in 2014 and is based in Tel Aviv, Israel.

Widgetlabs

Angel Round in 2007
APPS FOR INSURER & START-UPS Focused on awesome Insurance/InsurTech apps & helping app start-ups to deliver SET-UP, STRATEGY & INCUBATOR You need support to launch a start-ups with an awesome idea? We're your design, strategy, development and investment partner. Whether it is building your whole start-up concept or providing particular expertise where needed. Whatever your requirement we will be there with you to make it a success and we have a track record to prove it! AGILE, LEAN & INSIGHT FOCUSED We work together with our clients, no matter how large, to build products that really work and provide value to their customers. Our success is down to our agile, lean and insight focused approach.