ManchesterStory

ManchesterStory Group, established in 2016, is a venture capital firm based in West Des Moines, Iowa. It focuses on early to growth-stage investments in the InsurTech, FinTech, and HealthTech sectors across the United States. The firm, founded by Dave Miles and Matt Kinley, aims to support innovative companies in these fields, providing capital and strategic guidance to foster their growth.

Mike Finnegan

Director of Research

Nicole Gunderson

Principal

Mads Jensen

Senior Associate

Mads Jensen

Associate

Matt Kinley

Founding Partner

Jim Liu

Senior Analyst

David Miles

Founding Partner

Dave Miles

Managing Partner

Past deals in InsurTech

XP Health

Series B in 2024
XP Health is a health technology startup founded in 2019 by Antonio Moraes and James Wong, specializing in an AI-powered vision benefits platform. The company offers a unique approach to vision care by using machine learning and augmented reality to assist employees and their families in obtaining eyewear. XP Health's proprietary deep learning model employs facial recognition technology to recommend the most suitable designer frames, achieving an accuracy rate of 98%. The platform facilitates a virtual-first experience for users, allowing them to navigate care options such as finding in-person eye exams, taking online vision acuity tests, and accessing personalized eyewear. XP Health collaborates with organizations like Chegg, Zenefits, and Sequoia Consulting Group to provide a comprehensive vision benefits solution that can complement existing insurance plans while delivering cost-effective care.

Rainwalk

Seed Round in 2024
Rainwalk is a managing general agent (MGA) specializing in pet insurance, offering comprehensive coverage for accidents, illnesses, and routine vaccinations. The company partners with Allianz to provide insurers with a customizable, white-labeled pet insurance product, enabling them to enhance customer retention and address coverage gaps without the need to develop their own programs. Founded by experienced insurance professionals, Rainwalk leverages its proprietary policy and claims management technology alongside Allianz's expertise in pet insurance to streamline service throughout the insurance lifecycle. In the long term, Rainwalk aims to expand its distribution channels and collaborate with Allianz to identify and scale additional emerging insurance products in the U.S. market.

Goose Insurance Services

Series A in 2023
Goose Insurance Services Inc. is a Vancouver-based company established in 2017 that specializes in providing travel medical insurance through its innovative mobile application. The platform simplifies the insurance purchasing process by allowing users to select from single-day or multi-day travel policies while offering features such as reminders for proximity to airports or borders and an in-app emergency service locator. In addition to travel insurance, Goose Insurance aims to cater to underrepresented consumers by offering a range of affordable insurance products, including life, critical illness, income protection, smartphone, renters, and pet insurance. Operating as a direct-to-consumer managing general agency and underwriter, Goose Insurance focuses on delivering user-friendly, mobile-first self-service options that make it easier for customers to find relevant and cost-effective coverage.

Betterview

Venture Round in 2023
Betterview is a property intelligence platform that enables property and casualty insurers to effectively analyze, score, manage, and monitor property risk. By leveraging geospatial data and proprietary machine learning technology, Betterview transforms complex data into actionable insights, enhancing decision-making throughout the policy lifecycle. The platform aims to identify and mitigate risks while improving operational efficiency and inspection processes. Additionally, it fosters a more transparent customer experience, allowing insurers to automate critical functions such as pricing, underwriting, and renewal. Through its innovative approach, Betterview supports insurers in focusing their strategic efforts on high-risk properties, thereby enhancing overall risk management.

Trailblazer Technology

Seed Round in 2022
Trailblazer Technology specializes in developing software tools tailored for business professionals and small insurers. The company offers a comprehensive suite of setup tools that can be utilized individually or integrated with existing third-party systems. Their solutions include an event-driven system built on microservices and hosted on a serverless cloud architecture, enabling a multi-tenant service specifically designed for the needs of smaller insurers.

XP Health

Series A in 2022
XP Health is a health technology startup founded in 2019 by Antonio Moraes and James Wong, specializing in an AI-powered vision benefits platform. The company offers a unique approach to vision care by using machine learning and augmented reality to assist employees and their families in obtaining eyewear. XP Health's proprietary deep learning model employs facial recognition technology to recommend the most suitable designer frames, achieving an accuracy rate of 98%. The platform facilitates a virtual-first experience for users, allowing them to navigate care options such as finding in-person eye exams, taking online vision acuity tests, and accessing personalized eyewear. XP Health collaborates with organizations like Chegg, Zenefits, and Sequoia Consulting Group to provide a comprehensive vision benefits solution that can complement existing insurance plans while delivering cost-effective care.

Plum Life

Seed Round in 2022
Plum Life is on a mission to create the ideal life insurance experience where the confidence of working with an advisor the and convenience of buying online meet in one place. The company offers an agent only digital experience designed to simplify the entire process of selling life insurance from quoting to application and to issue. Designed especially for the life insurance industry, Plum Life’s integrated platform combines the capabilities of a modern technology company and the personal attention and service of an advisor.

Just Insure

Convertible Note in 2021
Just Insure is an innovative auto insurance provider that focuses on setting premiums based on driving behavior rather than demographic factors such as age, ZIP code, or marital status. This approach incentivizes safer driving by directly linking insurance costs to driving performance, ensuring that unsafe driving leads to higher premiums. Launched in Arizona in October 2019, Just Insure aims to offer affordable rates, particularly benefiting younger drivers and those with prior accidents or unfavorable locations. The company's insurance application simplifies the process by gathering essential information to provide minimum coverage required by state law, while also promising to refund the full premium if the insurance is not utilized. Through this model, Just Insure seeks to make auto insurance more just and accessible for all drivers.

Matic

Series B in 2020
Matic Insurance Services, Inc. is a digital insurance agency that revolutionizes the insurtech industry by integrating insurance solutions within the home and auto ownership experience. Founded in 2014 and headquartered in Columbus, Ohio, with additional offices in Los Angeles, San Francisco, and Lviv, Ukraine, Matic operates a digital insurance marketplace featuring over 40 A-rated home and auto carriers. The company's platform facilitates a seamless mortgage process by integrating directly with lenders and insurance providers, allowing homeowners to analyze property data and easily compare insurance quotes. Matic is dedicated to advocating for policyholders, offering a transparent comparison shopping experience that saves customers significant time and reduces premiums by over 30% annually.

Verikai

Series A in 2020
Verikai Inc is an insurance technology company based in San Francisco, California, established in 2016. The company offers a consumer insights platform tailored for insurance and financial services, utilizing alternative data and machine learning to enhance risk assessment and underwriting efficiency. Verikai's platform provides detailed risk reports that enable insurance companies to optimize their underwriting processes, ultimately improving new business acquisition and minimizing losses. By analyzing consumer behavior on an individual basis, the platform facilitates fraud detection and offers insights into price elasticity, allowing businesses to effectively target and prioritize consumers based on their potential lifetime value. This approach aims to broaden access to a diverse range of insurance products for both consumers and businesses.

Just Insure

Seed Round in 2020
Just Insure is an innovative auto insurance provider that focuses on setting premiums based on driving behavior rather than demographic factors such as age, ZIP code, or marital status. This approach incentivizes safer driving by directly linking insurance costs to driving performance, ensuring that unsafe driving leads to higher premiums. Launched in Arizona in October 2019, Just Insure aims to offer affordable rates, particularly benefiting younger drivers and those with prior accidents or unfavorable locations. The company's insurance application simplifies the process by gathering essential information to provide minimum coverage required by state law, while also promising to refund the full premium if the insurance is not utilized. Through this model, Just Insure seeks to make auto insurance more just and accessible for all drivers.

Betterview

Convertible Note in 2020
Betterview is a property intelligence platform that enables property and casualty insurers to effectively analyze, score, manage, and monitor property risk. By leveraging geospatial data and proprietary machine learning technology, Betterview transforms complex data into actionable insights, enhancing decision-making throughout the policy lifecycle. The platform aims to identify and mitigate risks while improving operational efficiency and inspection processes. Additionally, it fosters a more transparent customer experience, allowing insurers to automate critical functions such as pricing, underwriting, and renewal. Through its innovative approach, Betterview supports insurers in focusing their strategic efforts on high-risk properties, thereby enhancing overall risk management.

Betterview

Series A in 2019
Betterview is a property intelligence platform that enables property and casualty insurers to effectively analyze, score, manage, and monitor property risk. By leveraging geospatial data and proprietary machine learning technology, Betterview transforms complex data into actionable insights, enhancing decision-making throughout the policy lifecycle. The platform aims to identify and mitigate risks while improving operational efficiency and inspection processes. Additionally, it fosters a more transparent customer experience, allowing insurers to automate critical functions such as pricing, underwriting, and renewal. Through its innovative approach, Betterview supports insurers in focusing their strategic efforts on high-risk properties, thereby enhancing overall risk management.

Plnar

Series A in 2018
Plnar is an insurtech software provider focused on transforming the insurance claims process through innovative technology. The company offers a patented platform that enables desk adjusters to create fully realized two-dimensional and three-dimensional models of interior spaces using digital photographs. By utilizing artificial intelligence, Plnar's platform allows for the generation of accurate measurements from smartphone images, significantly enhancing the efficiency of the claims process. This technology facilitates contactless inspections for interior property claims, resulting in improved customer experiences, reduced cycle times, and lower operational costs for insurance providers.

Matic

Series A in 2017
Matic Insurance Services, Inc. is a digital insurance agency that revolutionizes the insurtech industry by integrating insurance solutions within the home and auto ownership experience. Founded in 2014 and headquartered in Columbus, Ohio, with additional offices in Los Angeles, San Francisco, and Lviv, Ukraine, Matic operates a digital insurance marketplace featuring over 40 A-rated home and auto carriers. The company's platform facilitates a seamless mortgage process by integrating directly with lenders and insurance providers, allowing homeowners to analyze property data and easily compare insurance quotes. Matic is dedicated to advocating for policyholders, offering a transparent comparison shopping experience that saves customers significant time and reduces premiums by over 30% annually.
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