MTech Capital

Openly Inc. is a technology-enabled insurance provider that specializes in homeowners insurance, catering to customers through independent agents. Founded in 2017 and headquartered in Boston, Massachusetts, with an additional office in Chicago, the company leverages technology and industry expertise to deliver comprehensive insurance coverage. Openly's offerings include protection for the structure of the building, walls, roof, and attached fixtures. The company focuses on providing a simplified quoting process, aiming to enhance the overall insurance experience for its customers.

Voxel uses computer vision and AI to enable security cameras to automatically identify hazards and high-risk activities in real-time, keeping people safe and driving operational efficiencies. Our technology targets the key drivers for workers’ compensation, general liability, and property costs while providing full site visibility.

Timelineapp Tech Limited develops retirement income software designed for financial planners. Founded in 2018 and headquartered in Basildon, United Kingdom, the company focuses on enabling financial professionals to illustrate, create, and manage withdrawal strategies for their clients. By leveraging extensive academic research, historical returns, and mortality data, Timeline assesses the potential effectiveness of various retirement strategies under different market conditions. The software also aids clients in visualizing probable retirement outcomes and evaluating withdrawal strategies from income drawdown portfolios, making it a valuable tool for financial planning in retirement.

Plum focuses on enhancing everyday experiences through innovative design and technology, aiming to transform traditional practices into more user-friendly solutions. With a commitment to precision and care in product development, the company seeks to improve daily living without imposing on users. Plum Life, a branch of the business, specializes in revolutionizing the life insurance sector by merging the personal touch of an advisor with the convenience of online transactions. Its agent-only digital platform simplifies the life insurance process, encompassing quoting, application, and issuance, thus providing a seamless and efficient experience for both agents and customers. By integrating modern technology with personalized service, Plum Life aspires to redefine the life insurance landscape.

Pendella, LLC is an on-demand insurance agency that operates a virtual portal connecting businesses with various health insurance providers. Founded in 2018 and based in Fort Myers, Florida, Pendella specializes in creating customized employee benefits programs, including income protection plans. The company offers a platform that provides multiple quotes from different carriers, allowing businesses to compare options and select the most suitable plans. Additionally, Pendella assists in collecting necessary forms and applications to implement group insurance programs, thereby streamlining the process for employers seeking to enhance their employee benefit offerings.

Voxel uses computer vision and AI to enable security cameras to automatically identify hazards and high-risk activities in real-time, keeping people safe and driving operational efficiencies. Our technology targets the key drivers for workers’ compensation, general liability, and property costs while providing full site visibility.

INSHUR Inc. is a New York-based company that offers a cloud-based digital insurance platform designed specifically for professional drivers, including those operating for rideshare services like Uber and Lyft. Established in 2016, INSHUR provides a range of insurance products tailored to the needs of the transportation industry, including black car insurance, livery insurance, taxi insurance, street hail livery insurance, green taxi insurance, and for-hire vehicle insurance. The company's platform leverages data to deliver commercial auto insurance solutions that meet the unique requirements of its users.

Rest Less is a social enterprise startup offering jobs, volunteering and guidance for the over 50s. The online platform offers fulfilling opportunities to work, volunteer or find a new career path.

Akur8, based in Paris, France, is a company that specializes in an AI-driven insurance pricing platform. Founded in 2018, it focuses on providing insurance carriers with advanced pricing automation and optimization solutions. The platform integrates cutting-edge algorithms that can quickly identify anomalies and uncover new patterns, allowing for the creation and updating of pricing models at a significantly faster rate than traditional methods. By streamlining the pricing process—from data preparation to commercial optimization—Akur8 enables insurance companies to enhance their profitability and gain a competitive edge in the market.

Corvus Insurance Agency, LLC is a provider of AI-driven commercial insurance services, established in 2017 and headquartered in Boston, Massachusetts, with additional offices in major cities including New York, Chicago, Los Angeles, Dallas, and Atlanta. The company offers a platform called CrowBar, which allows brokers and policyholders to access policy information, report claims, receive loss prevention guidance, and utilize business intelligence tools. Each Smart Commercial Insurance policy comes with proprietary Dynamic Loss Prevention reports that identify critical risk areas and offer actionable recommendations to mitigate those risks. Through its innovative approach, Corvus aims to empower clients to predict and prevent potential losses, ultimately lowering the total cost of risk.

Matic Insurance Services, Inc. is a digital insurance agency that provides tailored insurance solutions for consumers, originators, and insurance servicers. Established in 2014 and headquartered in Columbus, Ohio, with additional offices in Los Angeles, San Francisco, and Lviv, Ukraine, the company partners with various insurance carriers to offer a range of policies. This independent approach enables Matic to deliver optimal recommendations, ensuring clients receive both competitive pricing and suitable coverage options.

Akur8, based in Paris, France, is a company that specializes in an AI-driven insurance pricing platform. Founded in 2018, it focuses on providing insurance carriers with advanced pricing automation and optimization solutions. The platform integrates cutting-edge algorithms that can quickly identify anomalies and uncover new patterns, allowing for the creation and updating of pricing models at a significantly faster rate than traditional methods. By streamlining the pricing process—from data preparation to commercial optimization—Akur8 enables insurance companies to enhance their profitability and gain a competitive edge in the market.

Insurify is an internet company that features a software platform that specializes in car insurance. Its software platform utilizes artificial intelligence, language processing, and chatbots it provides personalized recommendations that help its users to decide about their car insurance. It was founded in 2013 and is headquartered in Cambridge, Massachusetts.

Dealer Policy is an insurance company that instantly provide customers with 20 competitive insurance quotes from participating dealers. Instead of filling out the same information repeatedly for a competitive quote, users can now enjoy a hassle free transaction.

Matic Insurance Services, Inc. is a digital insurance agency that provides tailored insurance solutions for consumers, originators, and insurance servicers. Established in 2014 and headquartered in Columbus, Ohio, with additional offices in Los Angeles, San Francisco, and Lviv, Ukraine, the company partners with various insurance carriers to offer a range of policies. This independent approach enables Matic to deliver optimal recommendations, ensuring clients receive both competitive pricing and suitable coverage options.

Matic Insurance Services, Inc. is a digital insurance agency that provides tailored insurance solutions for consumers, originators, and insurance servicers. Established in 2014 and headquartered in Columbus, Ohio, with additional offices in Los Angeles, San Francisco, and Lviv, Ukraine, the company partners with various insurance carriers to offer a range of policies. This independent approach enables Matic to deliver optimal recommendations, ensuring clients receive both competitive pricing and suitable coverage options.

Bold Penguin is a commercial insurance exchange that connects customers, agents, and carriers to match the right quote in record time. With a heavy focus on the agents, Bold Penguin pushes the boundaries of user experience for businesses, an easy tool for agents, and a streamlined process of underwriting for carriers. The company operates an Exchange which utilizes a set of solutions to identify, triage, quote, and bind commercial insurance in a highly efficient and tech-enabled way. It plans to deliver on the platform enhancements which include more flexibility in how the core technology is leveraged by enterprise customers, expanding in excess and surplus lines. The Company offers a streamlined process of underwriting for carriers in commercial property and casualty insurance services. Bold Penguin was founded in 2016 and is headquartered in Columbus, Ohio, USA.

INSHUR Inc. is a New York-based company that offers a cloud-based digital insurance platform designed specifically for professional drivers, including those operating for rideshare services like Uber and Lyft. Established in 2016, INSHUR provides a range of insurance products tailored to the needs of the transportation industry, including black car insurance, livery insurance, taxi insurance, street hail livery insurance, green taxi insurance, and for-hire vehicle insurance. The company's platform leverages data to deliver commercial auto insurance solutions that meet the unique requirements of its users.

Embroker, Inc. is a digital insurance brokerage that specializes in providing insurance services for small and mid-sized businesses. Founded in 2015 and headquartered in San Francisco, with additional offices in Chicago and Boston, the company utilizes an online platform that enables clients to buy, manage, and analyze their commercial insurance policies efficiently. This platform allows users to share, request, and track proof of coverage through digital certificates of insurance and provides tools for real-time claims tracking. Embroker offers a variety of insurance products, including Commercial General Liability, property insurance, professional liability, and employee benefits, among others. The company also facilitates peer comparison, helping clients benchmark their policies against industry standards. By combining technology with brokerage expertise, Embroker aims to simplify the insurance process and enhance value for its clients in the competitive property and casualty insurance market.