New York Life Ventures

Norm AI offers an AI-driven regulatory compliance platform tailored for the legal and compliance sectors. The platform addresses the regulatory sludge problem by transforming complex regulations into AI agents capable of making autonomous compliance decisions. This allows compliance teams to assign tasks to the regulatory AI using high-level instructions, while ensuring the quality of the output through validation at various levels of detail. Norm AI’s innovative solutions streamline compliance processes, improving efficiency and accuracy for organizations navigating intricate regulatory landscapes.

ValidMind specializes in artificial intelligence governance and risk management, focusing on the financial services sector's need to manage risks associated with AI and machine learning models. The company's platform automates essential elements of the AI/ML model risk management process, enhancing accuracy and consistency in documentation, validation, testing, and audit tracking. This solution enables financial institutions to effectively navigate the complexities of AI technologies while ensuring regulatory compliance and risk mitigation. ValidMind aims to foster a secure and ethical AI ecosystem, positioning itself as a key partner for organizations seeking to responsibly adopt AI advancements, including large language models. The team at ValidMind comprises experienced professionals with strong technical and academic backgrounds, committed to guiding clients through the evolving regulatory landscape and promoting societal well-being.

Empathy is a platform designed to assist families in navigating the complexities of loss. By integrating technology with human support, Empathy offers a digital companion application that empowers bereaved families. The application serves as a comprehensive support system, guiding users through the emotional, financial, legal, and logistical challenges that arise after the death of a loved one. Through its innovative approach, Empathy aims to alleviate some of the burdens faced by families during difficult times.

Scribe is a developer of a workflow documentation platform that allows users to create step-by-step guides for various processes. By leveraging machine learning and artificial intelligence, Scribe's platform captures the knowledge and expertise of users, enabling organizations to analyze, optimize, and standardize their workflows. This functionality fosters greater productivity and collaboration within teams, as it automates the documentation of repetitive tasks and helps share essential know-how across the organization. Through its innovative approach, Scribe aims to enhance operational efficiency and streamline the process of knowledge sharing among users.

Kasa Living, Inc. is a real estate company that specializes in rental accommodation booking services through an online platform. Founded in 2016 and based in San Francisco, California, the company partners with owners of multifamily and boutique hospitality properties to transform underutilized real estate into professionally managed rentals that cater to both business and leisure travelers. Kasa Living offers a range of services, including hotel check-in and apartment bookings, as well as property management. Its accommodations are available in various states across the United States, including Virginia, Georgia, Texas, and California, among others. Kasa Living aims to create a global accommodations brand by providing travelers with efficient access to affordable, home-like lodging options.

EvolutionIQ is a company focused on transforming the insurance industry through its artificial intelligence-driven claims guidance platform. The platform is designed specifically for disability and general liability carriers, enhancing claims processing efficiency and productivity tracking. By reducing reserves and losses, cycle times, and adverse events, it helps lower operational expenses while boosting customer satisfaction. Additionally, EvolutionIQ's technology includes a fraud detection dashboard that identifies fraud trends, making the insurance process more fair, transparent, and affordable for clients. With its innovative approach, the company aims to significantly improve the overall claims management experience for insurance carriers.

SmartAsset is an online platform that provides consumer-focused financial information and advice, facilitating connections between consumers and financial advisors through its SmartAdvisor marketplace. The company reaches approximately 75 million individuals monthly with its educational content, personalized calculators, and financial tools designed to guide users in making informed personal finance decisions related to home buying, retirement, and taxes. SmartAsset has garnered recognition for its rapid growth and innovation, being named one of the fastest-growing private companies and receiving accolades for its financial planning technology. The company recently completed a significant funding round, further solidifying its valuation and position in the financial technology sector.

Ansel Health is a developer of a health insurance platform designed for employers to improve employee benefits through a straightforward supplemental health benefits plan. The company provides insurance services that offer cash payouts to individuals diagnosed with various conditions, including those related to COVID-19. This support helps alleviate financial burdens associated with serious health issues, ensuring that employees have access to necessary resources for recovery.

Alto Solutions, Inc. operates an online platform that facilitates the management of self-directed individual retirement accounts (IRAs). The company offers various IRA products, including Alto IRA, which allows users to invest in alternative assets such as private equity, venture capital, real estate, loans, and cryptocurrency. Its Checkbook+ IRA provides customers with check-writing control, enhancing the management of real estate investments. Additionally, Alto CryptoIRA connects users directly to Coinbase for cryptocurrency trading. The platform features a user-friendly dashboard for managing accounts and investments, and assists investors in determining their eligibility for different types of investments while identifying financial trust companies for asset custody. Serving a diverse clientele that includes wealth managers, registered investment advisors, real estate owners, and entrepreneurs, Alto Solutions aims to democratize access to alternative asset investing. Founded in 2015 and based in Nashville, Tennessee, the company was previously known as Saltvest, Inc.

Brella is a childcare center based in Los Angeles, California, that offers a flexible and fully licensed childcare service. Founded in 2017 by Darien Williams and Melanie Wolff, Brella focuses on providing a play-based program for infants to preschool-aged children. The center features an enrichment-based curriculum and age-appropriate classrooms, ensuring high caregiver-child ratios for quality care. Brella's innovative platform allows parents to select childcare packages priced by the hour, eliminating the need for long-term contracts. Additionally, the center provides optional on-site amenities such as workspaces and curated classes, aiming to create a stress-free environment for parents while ensuring their children receive excellent care and education.

Wellth is a digital health company based in New York that aims to enhance treatment adherence among individuals with chronic conditions. By leveraging behavioral economics, Wellth addresses the barriers that hinder patients from forming healthy habits and effectively managing their diseases. The company operates a mobile application that provides targeted incentive plans, reminders, and information to motivate users to engage in preventive health behaviors. Its platform not only empowers consumers to improve their adherence to medication and care plans but also helps reduce preventable hospitalizations and healthcare costs. Wellth's approach includes proven outcomes demonstrated through randomized controlled trials, making it a valuable solution for insurers and healthcare providers seeking to improve population health. Through its user-friendly application, Wellth supports members in establishing sustainable healthy habits while generating cost savings for payors.

Latica, formerly known as Lynx.MD, is a healthcare data company established in 2019, focused on transforming medical research and innovation. The company offers a secure platform that facilitates the sharing of clinical and operational data among life sciences organizations, healthcare providers, and researchers. By leveraging advanced technologies such as artificial intelligence and data analytics, Latica aims to unlock the potential of previously siloed healthcare data, fostering collaboration and driving significant advancements in patient care. The platform prioritizes security and patient privacy, enabling compliant partnerships for clinical and operational research. Through its innovative approach, Latica delivers actionable insights that enhance outcomes for patients and contribute to the evolution of healthcare practices.

Cogito is a technology company that specializes in enhancing the emotional intelligence of phone professionals through advanced artificial intelligence and machine learning. By leveraging behavioral science, Cogito's software analyzes various behavioral signals during conversations, offering real-time coaching to agents. This system not only guides agents in their interactions but also provides a continuous assessment of customer experience for each call. Through its innovative approach, Cogito enables enterprises to foster stronger relationships with their customers, improve sales outcomes, and enhance the overall quality of service provided.

Carrot Inc. is a company based in Redwood City, California, that specializes in smoking cessation through its application, Pivot. Founded in 2015, Carrot offers a unique six-stage program that engages smokers early in their journey without imposing pressure to quit. The program begins by fostering awareness of smoking habits and enhancing confidence in the smoker's ability to change. For those who choose to pursue cessation, Pivot assists users in creating and implementing a personalized quit plan, supported by one-on-one coaching until they achieve stability in their quit journey. This approach emphasizes self-motivation and personal commitment, distinguishing Carrot's service in the field of smoking cessation.

Trifacta offers a data engineering cloud platform focused on enhancing the efficiency of data wrangling and ensuring data quality. The platform allows users to connect seamlessly to various data sources, enabling them to evaluate, correct, and validate the quality of their data. With an AI-assisted and collaborative approach, Trifacta facilitates accelerated data transformation and the automation of data pipelines, making data consumable at any scale. The company serves tens of thousands of users across more than 10,000 organizations, including prominent names such as Deutsche Boerse, Google, and PepsiCo, helping them unlock the full potential of their data through its innovative solutions.

Wavtrace is focused on the development of broadband wireless access systems that focus on the transmission of voice and video data. Wavtrace was founded by Robert Lundy and Vern Fotheringham in 1996. It is based in Bellevue, Washington.

Empathy is a platform designed to assist families in navigating the complexities of loss. By integrating technology with human support, Empathy offers a digital companion application that empowers bereaved families. The application serves as a comprehensive support system, guiding users through the emotional, financial, legal, and logistical challenges that arise after the death of a loved one. Through its innovative approach, Empathy aims to alleviate some of the burdens faced by families during difficult times.