Plug and Play Tech Center
Plug and Play Tech Center is a global accelerator and venture capital platform based in Sunnyvale, California, founded in 2006. It runs twelve industry-focused accelerator programs twice a year, connecting startups with corporate partners, investors, and universities to accelerate growth. The organization provides funding and accelerator resources, mentorship, and access to office space, data center services, recruiting, and executive-in-residence programs. It supports seed and early-stage companies across sectors including brand and retail, financial technology, health, information technology, mobility, energy and sustainability, supply chain and logistics, and the Internet of Things, with additional verticals such as travel and hospitality and food and beverage. In addition to its accelerators, Plug and Play collaborates with a broad network of venture and corporate partners to co-invest and help startups scale globally. The company maintains a global footprint with locations and programs across multiple regions, fostering a platform that connects entrepreneurs with large corporations and investors to drive innovation.
Top Stages
Past deals in InsurTech
InsureLab
Funding Round in 2025
InsureLab develops an AI-powered underwriting platform for management liability insurance, starting with nonprofit Directors and Officers coverage and expanding to small-business management liability. The platform provides real-time quotes, automated underwriting, and streamlined submissions, helping insurance brokers place coverage faster, reduce friction, and improve client retention. By automating risk analysis that traditionally took weeks, InsureLab aims to deliver faster, fairer, and more affordable coverage to underserved groups while increasing transparency in the placement process.
BlokID
Seed Round in 2024
BlokID specializes in developing blockchain-based privacy protection solutions.
Geolava
Pre Seed Round in 2024
Geolava is a technology company that specializes in spatial AI. It offers a platform that continuously maps and analyzes the physical world, providing real-time insights to property owners, investors, and insurers. This platform helps in various aspects such as climate resilience, area analysis, building conditions, valuations, compliance, and underground stability. By using Geolava, these stakeholders can make more informed decisions, reduce reliance on traditional analysis methods, and potentially save up to 73% in costs.
Ansel Health
Venture Round in 2024
Ansel Health is a Delaware-based company established in 2019, developing a health insurance platform for employers to enhance employee benefits with simple supplemental health plans. It offers cash payments upon diagnosis for over 13,000 conditions, utilizing data-driven tools and automated claim processing.
Buddy
Venture Round in 2024
Buddy operates a pioneering Insurance Gateway designed specifically for software companies. This platform streamlines insurance management and sales, connecting businesses directly to the global insurance market. It facilitates sourcing, connection, transaction, fulfillment, and analysis of various insurance products within software platforms, enhancing customer experience and increasing transaction value.
Korr
Seed Round in 2024
Korr is an IT company based in New York City that specializes in developing an insurance management platform. This platform is designed to facilitate the creation and administration of insurance policies, utilizing a cloud-native and API-first approach. By focusing on efficient data processing, risk management, and customer relations, Korr enables its clients to streamline operations, save time, and enhance productivity in managing their insurance products.
Healthy Labs
Seed Round in 2023
Healthy Labs is a digital health insurance discovery platform that makes it easy for people to compare their Medicare and ACA options.
Susu
Venture Round in 2023
Susu delivers comprehensive health services to families in the African diaspora, spanning preventive care, medical treatments, chronic disease management, and access to authentic medications. Through a bundled, long-term care offering, Susu enables planned health support, regular monitoring of conditions such as pregnancy and chronic diseases, and connects users to quality healthcare services and insurance options, with a focus on affordability and accessibility.
ReLease
Pre Seed Round in 2023
ReLease develops a software-enabled insurance platform designed to provide tenants with flexible leasing terms through insurance-backed financial guarantee programs. These programs offer tenants flexible terms for standard leases, giving them the ability to terminate or adjust leases early without penalty while covering outstanding lease obligations and fees for lessors. The ReLease platform distributes coverage by partnering with property owners and operators to embed coverage into their leasing processes.
Protos Labs
Seed Round in 2023
Protos Labs is a Singapore-based company specializing in cyber risk management. Founded by former Booz Allen cyber leaders, it helps insurers and enterprises dynamically assess and manage cyber risks using a unique threat-informed approach.
Gail
Series B in 2023
GAIL is a technology company specializing in AI-driven conversational automation. It primarily serves insurance agencies and other regulated industries, offering a multilingual AI platform capable of communicating via speech, SMS, email, and WhatsApp. The platform automates sales, support, and customer engagement tasks, providing recordings, transcripts, analytics, and follow-ups, with the aim of reducing costs and improving efficiency. It is known for its easy onboarding and integration processes.
Wellx
Seed Round in 2023
Based in Dubai's DIFC Innovation Hub, Wellx is the Middle East's pioneering wellness-focused InsureTech company. Founded by Vaibhav Kashyap and Javed Akberali, it offers personalized health insurance plans that encourage engagement in various wellness activities such as gym visits, healthy eating, mental wellness programs, and wearable tech usage. Leveraging advanced data analytics tools, Wellx tailors wellness experiences for individuals, families, corporates, and SMEs.
Architect Health
Seed Round in 2023
A digital health platform that helps members navigate and access telehealth apps and wearable devices through their health insurance. It uses claims data to connect users with suitable digital health solutions based on their insurance coverage.
Avata
Seed Round in 2023
Avata offers plug and play global solution designed to insure digital assets from the risk of theft.
Avata fills a critical gap in the InsurTech value chain by connecting various insurance companies to digital citizens and vice versa via its platform.
The company was founded in 2021 and is based in Scheveningen, South Holland.
GynIsUs
Seed Round in 2023
GynIsUs is an AI-powered insurtech-healthtech company focused on enhancing health outcomes through the prediction of medical conditions and their financial implications. The company's platform addresses interoperability challenges by integrating live data and employing advanced, automated validation processes for data, diagnoses, and coding. This comprehensive approach provides payers and providers with detailed financial and clinical insights, enabling a holistic understanding of both patient and population health. GynIsUs aims to facilitate better healthcare management and decision-making through its innovative technology.
OneImaging
Pre Seed Round in 2022
OneImaging operates a radiology platform that provides a nationwide network of low-cost diagnostic imaging providers while maintaining high-quality standards. The company utilizes an AI-driven care navigation platform to streamline the diagnostic process, qualifying patients to ensure appropriate exams are ordered and identifying any contraindications. Through automation, OneImaging efficiently manages referrals and delivers results, significantly reducing the time employees wait for their diagnoses. By leveraging the largest database and price lists, the company helps employers achieve substantial savings of 60-80% on diagnostic imaging costs, which can represent up to 10% of total health benefits spending. This innovative approach not only enhances the efficiency of the imaging process but also supports businesses in financially planning for healthcare expenditures.
The Applied AI Company (AAICO)
Seed Round in 2022
The Applied AI Company builds products to automate human processes within insurance, pharmaceutical, healthcare and government. AAICO’s products help reduce human error, remove manual processes and upgrade productivity.
Susu
Seed Round in 2022
Susu delivers comprehensive health services to families in the African diaspora, spanning preventive care, medical treatments, chronic disease management, and access to authentic medications. Through a bundled, long-term care offering, Susu enables planned health support, regular monitoring of conditions such as pregnancy and chronic diseases, and connects users to quality healthcare services and insurance options, with a focus on affordability and accessibility.
Korr
Seed Round in 2022
Korr is an IT company based in New York City that specializes in developing an insurance management platform. This platform is designed to facilitate the creation and administration of insurance policies, utilizing a cloud-native and API-first approach. By focusing on efficient data processing, risk management, and customer relations, Korr enables its clients to streamline operations, save time, and enhance productivity in managing their insurance products.
XP Health
Series A in 2022
Founded in 2019, XP Health is a health tech startup offering an AI-powered vision benefits platform for employees and families. It uses facial recognition technology to recommend suitable eyewear from leading designers with high accuracy. The company works with businesses like Chegg and Zenefits, providing comprehensive virtual-first eye care at lower costs.
Mo.health
Seed Round in 2022
Mo.health is a health insurance platform for teams that uses technology to automate the manual processes of traditional health insurance, delivering a streamlined coverage experience, with clients able to choose care providers and pay for treatments using MasterCard while the platform supports a community-funded health protection model built on frictionless payment rails and a subscription-based membership to help teams stay healthy and competitive.
Protos Labs
Seed Round in 2022
Protos Labs is a Singapore-based company specializing in cyber risk management. Founded by former Booz Allen cyber leaders, it helps insurers and enterprises dynamically assess and manage cyber risks using a unique threat-informed approach.
SureBright
Pre Seed Round in 2022
SureBright is an insurance-as-a-service platform that facilitates the integration of insurance and warranty products for businesses. By providing a streamlined solution, it allows companies to effortlessly embed these offerings on their websites, enhancing their customer service and product range. The platform simplifies the merchant setup process and offers convenient management tools, enabling businesses to efficiently handle claims and insurance operations. Through its innovative approach, SureBright aims to transform the last mile of insurance distribution, making it accessible and manageable for various enterprises.
OpenPlan
Series A in 2022
OpenPlan Inc., established in 2019 and headquartered in Seoul, South Korea, operates a digital insurance brokerage platform. This platform enables users to compare and purchase tailored insurance packages for various daily activities and travel needs, including auto and travel insurance, as well as overseas SIM cards. The company aims to facilitate cost-effective insurance solutions by offering mini insurance packages and promoting on-demand coverage.
AutoCoin
Pre Seed Round in 2022
AutoCoin is an online used car marketplace that modernizes the vehicle auction experience through a platform focused on trust, transparency, and simplicity. It partners with a network of reliable dealers nationwide to provide customers with a wide selection of vehicles without the complications typical of traditional dealerships. Safety is paramount, as each vehicle undergoes thorough inspections to meet high standards before being listed. The platform enhances the car buying process by incorporating blockchain technology, offering features such as monthly cash-back rewards, instant online insurance, and home delivery. AutoCoin also provides a test-own policy, allowing customers to ensure their satisfaction with the vehicle. Overall, AutoCoin aims to make purchasing a car online a straightforward and confident experience.
DriveX
Seed Round in 2022
DriveX is a technology partner for insurers, specializing in digital software solutions that enhance the vehicle verification process. The company's proprietary AI-assisted platform enables remote inspections, facilitating a more efficient and automated verification process for motor insurance policies and claims management. By streamlining these operations, DriveX helps insurance companies save time and reduce costs while minimizing the risk of fraud. The company's focus on improving the digital customer experience ensures that both employees and customers benefit from faster, more reliable service.
DriveX
Convertible Note in 2022
DriveX is a technology partner for insurers, specializing in digital software solutions that enhance the vehicle verification process. The company's proprietary AI-assisted platform enables remote inspections, facilitating a more efficient and automated verification process for motor insurance policies and claims management. By streamlining these operations, DriveX helps insurance companies save time and reduce costs while minimizing the risk of fraud. The company's focus on improving the digital customer experience ensures that both employees and customers benefit from faster, more reliable service.
Octamile
Pre Seed Round in 2022
Octamile is an insurtech startup focused on transforming the insurance ecosystem in Africa through digital solutions. The company offers a comprehensive insurance management platform that streamlines the entire insurance value chain, facilitating embedded insurance distribution and automating end-to-end claims processes. By leveraging data and technology, Octamile empowers insurance providers, brokers, agents, and fintech companies to enhance their operations, distribute insurance products more effectively, and develop innovative, data-driven offerings. Additionally, the platform includes features for claims automation, vehicle valuation, and breakdown coverage, simplifying access to financial infrastructure for clients.
Redkik
Seed Round in 2022
Redkik is a global Insurtech company focused on revolutionizing the insurance landscape for the logistics and transportation sectors. The company's platform streamlines the insurance process by eliminating the need for complex, annual policies. Instead, Redkik provides an embedded integration with licensed cargo insurance providers, allowing transport intermediaries to offer customized, on-demand cargo insurance at the moment their freight is booked. This innovative approach enables clients in the logistics and transportation industry to receive tailored and competitive per-shipment insurance quotes instantly. With a team passionate about technology and innovation, Redkik leverages expertise in risk management, machine learning, and software development to enhance the insurance experience for all stakeholders involved.
Stere.io
Seed Round in 2021
Stere is a digital platform designed to assist businesses in launching, growing, and managing insurance programs. Founded in 2021 and based in Dover, Delaware, the company connects capacity seekers, such as banks and insurance partners, with capacity providers, including carriers and reinsurers. By offering a comprehensive infrastructure, Stere equips businesses with essential tools and services, including digital platforms, data analytics, and access to a network of capacity providers. This enables companies to effectively develop and enhance their insurance offerings.
Upsurance
Convertible Note in 2021
Upsurance is a platform designed to streamline the transaction of mid-market commercial insurance, enhancing both speed and efficiency in the process. By utilizing a sophisticated risk matching algorithm, Upsurance enables insurers to significantly improve their return on investment and provides retail brokers with unparalleled access to various insurance offerings. The platform facilitates secure and auditable transactions, allowing clients to browse marketplace options and complete their insurance dealings seamlessly. Through its innovative approach, Upsurance aims to transform the commercial insurance landscape by simplifying the connection between insurers and clients.
Stere.io
Pre Seed Round in 2021
Stere is a digital platform designed to assist businesses in launching, growing, and managing insurance programs. Founded in 2021 and based in Dover, Delaware, the company connects capacity seekers, such as banks and insurance partners, with capacity providers, including carriers and reinsurers. By offering a comprehensive infrastructure, Stere equips businesses with essential tools and services, including digital platforms, data analytics, and access to a network of capacity providers. This enables companies to effectively develop and enhance their insurance offerings.
Bankuish
Pre Seed Round in 2021
Bankuish is a technology platform founded in 2020, with headquarters in New York City and Mexico City, that enables gig workers and freelancers to utilize their work history data to establish creditworthiness. The platform provides users access to a marketplace of preapproved financial offers from national banks, alongside tools designed to enhance their credit scores. By employing AI-driven methods to generate alternative credit scores, Bankuish facilitates the provision of loans, insurance, and digital payment solutions. Additionally, the company aids banks in acquiring new customers, managing risk, and fostering improved relationships with clientele. The Bankuish Score has successfully been used to de-risk thousands of individuals while maintaining a default rate significantly below industry norms.
Surround Insurance
Seed Round in 2021
Founded in 2018 by Jonathon Grayson and Kate Terry, Surround Insurance is a Cambridge, Massachusetts-based InsurTech company specializing in property and casualty insurance for young urban professionals. Its platform simplifies auto insurance processes, offering personalized guidance and tailored advice from experts to help users find suitable coverage.
Zelros
Series A in 2021
Zelros is a Paris-based SaaS company founded in 2015. It offers an AI-driven platform designed to enhance insurers' operations by automating claims processes, understanding customer profiles for personalized product recommendations, and improving sales efficiency.
Vesttoo
Seed Round in 2020
Vesttoo Ltd is a Tel Aviv-based company that operates an artificial intelligence-driven financial risk management platform. Established in 2018, Vesttoo focuses on creating a marketplace for non-catastrophic insurance-based risk transfer and investments, connecting insurance companies with institutional investors. Its proprietary technology enhances risk transfer and liquidity in the life and property & casualty insurance markets by facilitating faster deal structuring, risk modeling, pricing, and index calculation. Vesttoo provides a range of solutions that cater to the legal, regulatory, and accounting needs of its clients, which include insurers, reinsurers, and pension funds. By offering asset managers access to diverse, uncorrelated investment options linked to insurance and reinsurance premiums, the company positions itself as a significant alternative to traditional reinsurance models. Vesttoo's innovation has garnered recognition through participation in prestigious fintech accelerators and collaborations with industry leaders, further establishing its role in merging insurance with capital market dynamics.
Mira
Seed Round in 2020
Mira, incorporated in 2019 and based in New York, operates a health delivery network aimed at providing affordable healthcare to uninsured and underinsured individuals. The company focuses on self-employed professionals, small businesses, and unions, offering access to essential healthcare services for a monthly fee of $25. With a network of 125 partner clinics and over 1,000 lab centers across the United States, Mira enables members to receive primary care and health benefits regardless of their insurance status. This innovative approach helps to bridge the gap for those who cannot afford traditional health insurance and do not qualify for Medicaid programs.
Vizolution
Venture Round in 2020
Vizolution Limited, based in Port Talbot, United Kingdom, is a provider of innovative customer engagement solutions tailored primarily for the financial services, insurance, energy, and telecommunications industries. The company offers a suite of tools designed to enhance remote customer interactions and streamline financial transactions. Its flagship product, vScreen, is a patented screen-sharing technology that allows agents to conduct virtual meetings with customers, facilitating real-time document sharing and electronic signatures. Other offerings include vDoc, a secure portal for document management; vChat, which enhances web conversations with interactive features; and vVid, an advanced video solution that integrates with vScreen. Vizolution's solutions aim to improve customer satisfaction and sales productivity while ensuring compliance with industry regulations. The company, which was formerly known as Norland Technology Limited until its rebranding in 2015, also has an office in Toronto, Canada.
Surround Insurance
Pre Seed Round in 2020
Founded in 2018 by Jonathon Grayson and Kate Terry, Surround Insurance is a Cambridge, Massachusetts-based InsurTech company specializing in property and casualty insurance for young urban professionals. Its platform simplifies auto insurance processes, offering personalized guidance and tailored advice from experts to help users find suitable coverage.
DocOne
Convertible Note in 2020
DocOne specializes in document management solutions, primarily serving the banking, insurance, and social protection sectors. The company's core product is an AI-powered document generation platform that automates and streamlines enterprise document creation and management. This platform ensures high accuracy and professionalism, leveraging advanced machine learning algorithms to enhance operational efficiency across various industries.
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 offers auto insurance based on individual driving habits rather than demographics. This innovative approach incentivizes safer driving by tying insurance rates directly to driving behavior, benefiting those who drive responsibly or live in areas with higher risk.
Hearth
Series A in 2020
Hearth is a financial technology platform that supports home improvement contractors in growing and managing their businesses. The company offers a comprehensive suite of financial tools designed to facilitate business transactions, including financing advice, invoicing, payment collection, and insurance products. By enabling contractors to send quotes, contracts, invoices, and financing options from any location, Hearth streamlines the process of closing deals, ensuring a seamless experience for both contractors and clients.
Monk.ai
Seed Round in 2020
Monk.ai is a software solution company that automates vehicle damage detection services for the automotive and insurance industries.
Monk.ai
Convertible Note in 2020
Monk.ai is a software solution company that automates vehicle damage detection services for the automotive and insurance industries.
XP Health
Seed Round in 2020
Founded in 2019, XP Health is a health tech startup offering an AI-powered vision benefits platform for employees and families. It uses facial recognition technology to recommend suitable eyewear from leading designers with high accuracy. The company works with businesses like Chegg and Zenefits, providing comprehensive virtual-first eye care at lower costs.
Attestiv
Seed Round in 2020
Attestiv Inc., established in 2018 and headquartered in Natick, Massachusetts, specializes in a software solution that authenticates digital photos and videos for various industries such as insurance, public safety, real estate, automotive, news media, and banking. Its AI-powered platform scans existing or newly captured visual content to detect fraudulence, thereby reducing risk and enhancing customer experience across these sectors.
Tractable
Series C in 2020
Tractable Ltd. is a London-based software company founded in 2014, specializing in artificial intelligence solutions for accident and disaster recovery. The company develops advanced algorithms that automate the visual appraisal of damage to vehicles and properties, utilizing deep learning to analyze images and predict repair costs. By partnering with major insurers globally, Tractable enhances the efficiency of claims processes, enabling quick settlements and facilitating faster repairs, which ultimately supports individuals in restoring their livelihoods. Its products, such as Tractable AI Review and AI Estimating, streamline traditional workflows by transforming how damage assessments are conducted, allowing for real-time, end-to-end estimates. Through its innovative platform, Tractable effectively automates image recognition tasks, driving improvements in accuracy and speed within the insurance industry.
Everyday Life
Pre Seed Round in 2020
Everyday Life Insurance is an innovative company based in Boston, Massachusetts, focused on enhancing financial security for middle-income families through technology. Founded in 2018, the company offers a unique insurance concierge platform that streamlines the life insurance acquisition process. Its flagship product, Predictive Protection, automatically adjusts coverage based on significant life events such as aging children or retirement, helping consumers save money. By leveraging an algorithm that integrates individual responses with population data, Everyday Life provides personalized life insurance recommendations, enabling customers to obtain tailored and cost-effective insurance plans.
REIN
Series A in 2019
REIN is a technology company that specializes in developing an insurer-technology platform aimed at simplifying the creation of insurance products within digital ecosystems. As the insurance landscape evolves with changing risks and customer behaviors, REIN provides a configurable platform that enables insurers to offer personalized coverage options. Utilizing advanced data science tools, the platform informs critical processes such as eligibility, underwriting, and loss prevention. By leveraging data-driven insights, REIN helps insurance businesses navigate complex challenges and deliver tailored solutions to consumers at the right time and place.
ROOM8
Seed Round in 2019
ROOM8, Inc. is a company that specializes in designing and developing an application aimed at helping users find roommates and apartments. Its flagship application, available on both Google Play and the App Store, facilitates connections between roommates, landlords, and renters seeking insurance packages. Founded in 2004 and headquartered in Walnut Creek, California, ROOM8 operates as a subsidiary of CSAA Insurance Exchange. The company focuses on providing a safe, easy, and enjoyable experience for individuals looking to secure their next living situation, whether they are searching for a room, filling a room, or seeking a partner to find a place together.
Buddy
Seed Round in 2019
Buddy operates a pioneering Insurance Gateway designed specifically for software companies. This platform streamlines insurance management and sales, connecting businesses directly to the global insurance market. It facilitates sourcing, connection, transaction, fulfillment, and analysis of various insurance products within software platforms, enhancing customer experience and increasing transaction value.
ROOM8
Convertible Note in 2019
ROOM8, Inc. is a company that specializes in designing and developing an application aimed at helping users find roommates and apartments. Its flagship application, available on both Google Play and the App Store, facilitates connections between roommates, landlords, and renters seeking insurance packages. Founded in 2004 and headquartered in Walnut Creek, California, ROOM8 operates as a subsidiary of CSAA Insurance Exchange. The company focuses on providing a safe, easy, and enjoyable experience for individuals looking to secure their next living situation, whether they are searching for a room, filling a room, or seeking a partner to find a place together.
Antara Health
Venture Round in 2019
Antara Health provides AI-driven virtual primary care services, offering telehealth consultations across various disciplines, medication delivery, chronic care programs, health screenings, and preventative care. It aims to enhance accessibility and coordination of healthcare in emerging markets.
Sorcero
Convertible Note in 2019
Sorcero, Inc. is a technology company founded in 2017 and headquartered in Washington, D.C. It specializes in developing a no-code platform that utilizes artificial intelligence to support decision-making and knowledge management for professionals in STEM fields, particularly in medical, insurance, and engineering industries. The Sorcero Language Intelligence Platform empowers subject matter experts by enabling the deployment of intelligent applications that can analyze and interpret complex data effectively. This platform is designed to enhance various operational processes, such as medical claims investigation, life insurance underwriting, and real-time monitoring of medical guidelines. Sorcero has received notable recognition within the digital health and insurtech sectors, being acknowledged as a leading startup by industry innovation leaders. The company's focus on improving patient outcomes and providing strategic insights through advanced analytics positions it as a significant player in the life sciences and medical analytics landscape.
Lovys
Seed Round in 2019
Lovys is a digital insurance provider based in France, established in 2017. It is known for being the first completely digital, all-in-one, and flexible insurance service in the country. Lovys aims to simplify the insurance experience by offering a user-friendly platform that allows customers to manage all their insurance needs through a single interface and a straightforward monthly subscription. The service enables users to personalize their coverage by registering individual items, ensuring transparency in pricing and policy management. With a focus on making insurance simple and accessible, Lovys redefines traditional insurance models and enhances user engagement through a seamless digital experience.
EvolutionIQ
Seed Round in 2019
EvolutionIQ is a company specializing in artificial intelligence solutions for insurance carriers, focusing on disability and general liability sectors. Its innovative platform enhances claims processing by effectively tracking team productivity and identifying fraud trends. By reducing reserves and losses, minimizing cycle times, and lowering operational expenses, EvolutionIQ aims to improve overall customer satisfaction. The platform also offers clients a comprehensive fraud detection dashboard, contributing to a more fair, transparent, and affordable insurance landscape. Through its technology, EvolutionIQ seeks to transform the insurance industry by making claims management more efficient and reliable.
Tint.ai
Convertible Note in 2019
Tint.ai is a data intelligence platform founded in 2018, based in San Francisco, California. The company specializes in enhancing artificial intelligence models by enabling data scientists to efficiently access and evaluate external data. It automates the process of sourcing external data from vendors and leverages machine learning to assess its quality, thereby improving model performance. Additionally, Tint.ai offers an AI-empowered insurance platform that provides the tools necessary for launching, managing, and optimizing insurance programs. The platform is designed to enhance profitability while simultaneously improving the customer experience. Its API-based technology serves as the foundational infrastructure for property and casualty insurance programs, streamlining risk selection and pricing processes, and significantly reducing the engineering and data science resources required for development.
Gail
Convertible Note in 2019
GAIL is a technology company specializing in AI-driven conversational automation. It primarily serves insurance agencies and other regulated industries, offering a multilingual AI platform capable of communicating via speech, SMS, email, and WhatsApp. The platform automates sales, support, and customer engagement tasks, providing recordings, transcripts, analytics, and follow-ups, with the aim of reducing costs and improving efficiency. It is known for its easy onboarding and integration processes.
Bot Orange
Seed Round in 2019
Bot Orange is a technology company that specializes in developing a chatbot platform designed for customer communication within WeChat. Founded in 2015 and headquartered in Beijing, China, the company offers an intelligent robotic customer service system that integrates sales, marketing, and after-sales services. By providing a comprehensive customer management tool, Bot Orange enables businesses to efficiently manage customer interactions across various channels without the need for additional third-party applications. The platform serves multiple sectors, including education, retail, insurance, and healthcare, with the goal of enhancing customer efficiency and increasing user conversion rates through intelligent dialogue and data analysis.
Agentero
Seed Round in 2019
Agentero is a technology platform and digital insurance network that connects independent insurance agents with carriers and clients to manage policies, quote and bind coverage, and cross-sell or upsell additional policies. The platform provides policy management tools and client interaction features to streamline workflows, improve quoting accuracy, and enhance the customer experience. It helps agents grow their business by delivering access to modern carriers, identifying client needs, and offering the right coverage at the right time. The platform acts as an agency growth engine, supporting time savings and better product distribution through integrated policy management, quotes, and collaboration with carrier partners. Founded in 2017 and headquartered in Oakland, California, with additional offices in Nashville and Madrid, Agentero serves independent agents seeking a digitally enabled insurance ecosystem.
Betterview
Convertible Note in 2018
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.
AkinovA
Seed Round in 2018
AkinovA Limited is a company that has developed an independent electronic marketplace for the transfer and trading of re/insurance risks. Founded in 2017 and based in Marylebone, United Kingdom, AkinovA aims to enhance the efficiency of the insurance value chain by facilitating connections among brokers, capital market participants, and insurance providers. The platform allows users to provide insurance advisory services, manage their client bases, and optimize capital and risk management. By collaborating with leading industry players such as Hiscox and MS&AD Insurance Group, AkinovA seeks to drive market growth while minimizing frictional costs and expediting the execution of insurance transactions. The company is supported by an experienced Advisory Board with expertise in insurance, capital markets, and technology.
Broker Buddha
Convertible Note in 2018
Broker Buddha Inc. is an insurtech company that provides a software-as-a-solution (SaaS) platform aimed at enhancing the operational efficiency of independent insurance brokers and captive agents in the United States. Founded in 2015 and headquartered in New York, Broker Buddha streamlines the insurance application and renewal processes through its modern technology platform. By enabling users to create applications by selecting forms from a library, adding schedules, and customizing confirmation messages, the platform simplifies complex workflows. It also allows brokers to pre-fill information, define required fields, and manage document uploads, such as loss runs and financial statements. This intuitive platform significantly reduces the time required to complete applications and obtain necessary information, transforming an often lengthy process into one that can be accomplished in days rather than weeks or months.
MDGo
Series A in 2018
MDGo Ltd is a technology company based in Haifa, Israel, established in 2017, that specializes in trauma analysis systems for vehicles. The company utilizes existing vehicle sensors to generate comprehensive reports following car accidents, detailing the accident mechanism, external and internal damages, and the severity of passengers' injuries. This information is automatically transmitted to first responders and relevant hospitals, facilitating immediate medical attention, which has the potential to significantly reduce road fatalities. Additionally, MDGo's platform offers a unique advantage for original equipment manufacturers (OEMs) by creating new revenue streams through the automation of insurance claims processes, thereby enhancing the efficiency of insurers in managing claims.
MDGo
Pre Seed Round in 2018
MDGo Ltd is a technology company based in Haifa, Israel, established in 2017, that specializes in trauma analysis systems for vehicles. The company utilizes existing vehicle sensors to generate comprehensive reports following car accidents, detailing the accident mechanism, external and internal damages, and the severity of passengers' injuries. This information is automatically transmitted to first responders and relevant hospitals, facilitating immediate medical attention, which has the potential to significantly reduce road fatalities. Additionally, MDGo's platform offers a unique advantage for original equipment manufacturers (OEMs) by creating new revenue streams through the automation of insurance claims processes, thereby enhancing the efficiency of insurers in managing claims.
Tractable
Series B in 2018
Tractable Ltd. is a London-based software company founded in 2014, specializing in artificial intelligence solutions for accident and disaster recovery. The company develops advanced algorithms that automate the visual appraisal of damage to vehicles and properties, utilizing deep learning to analyze images and predict repair costs. By partnering with major insurers globally, Tractable enhances the efficiency of claims processes, enabling quick settlements and facilitating faster repairs, which ultimately supports individuals in restoring their livelihoods. Its products, such as Tractable AI Review and AI Estimating, streamline traditional workflows by transforming how damage assessments are conducted, allowing for real-time, end-to-end estimates. Through its innovative platform, Tractable effectively automates image recognition tasks, driving improvements in accuracy and speed within the insurance industry.
Flock
Seed Round in 2018
Flock is a digital insurance company specializing in commercial motor fleets. It offers connected insurance that rewards safer driving with lower premiums, aiming to make roads quantifiably safer. Hundreds of companies trust Flock for protecting their vehicles and drivers, including Virtuo and Jaguar Land Rover's luxury leasing firm.
omni:us
Seed Round in 2018
omni:us specializes in intelligent insurance claim automation. Its Digital Claims Adjuster integrates with existing systems like Guidewire and Sapiens to automate end-to-end claims processes for seven property and casualty lines of business. Powered by AI, it offers a comprehensive claims decision catalog, significantly reducing process costs while enhancing customer satisfaction.
Blueprint Income
Seed Round in 2018
Blueprint Income is a New York-based company that operates a platform connecting pension planners with insurance companies. Founded in 2014, the firm offers a direct-to-consumer service that assists users in saving and planning for retirement by selecting annuity and pension products tailored to their personal circumstances. The company's digital platform enables consumers to compare and purchase retirement income products easily. Blueprint Income aims to make guaranteed, lifelong income accessible to anyone, regardless of employer, age, or wealth, by simplifying the process of obtaining an income annuity.
Hippo Insurance
Series B in 2018
Hippo Insurance offers innovative home insurance solutions, leveraging real-time data and smart home technology to enhance protection for homeowners. Headquartered in Palo Alto with offices in Texas, it provides comprehensive coverage, including electronics, appliances, water backup, and service line protection. Hippo operates as an insurance agent with products underwritten by various companies, serving over 80% of U.S. homeowners across 37 states.
WorldCover
Seed Round in 2018
WorldCover is a company dedicated to providing satellite-enabled insurance solutions to farmers, particularly in developing countries, safeguarding them against the financial impacts of droughts and other climate-related risks. Founded by professionals with backgrounds in computer science and finance from MIT, WorldCover addresses a significant challenge within the $100 billion climate risk landscape by improving food and income security for smallholder farmers. More than 70% of the 2.5 billion individuals at the "base of the pyramid" depend on agriculture for their livelihoods. By leveraging remote sensing and advanced risk modeling, WorldCover's platform simplifies access to affordable crop insurance, thus allowing farmers to better protect their livelihoods from natural disasters.
Habit
Pre Seed Round in 2018
Habit is a data platform company that specializes in providing insurance management solutions. It aggregates various sources of data to offer a comprehensive suite of data intelligence tailored for insurance companies. The platform enables insurers to deploy innovative digital products swiftly while leveraging real-time data to enhance risk assessment and improve claims processes. By facilitating access to suitable insurance plans, Habit helps users connect more effectively with registered insurers, ultimately streamlining the insurance experience for both providers and consumers.
DreamQuark
Venture Round in 2017
DreamQuark specializes in developing advanced data analysis technologies centered around deep representation learning. They empower professionals in insurance, finance, and healthcare sectors to leverage their stored data more effectively by efficiently detecting rare phenomena across diverse data types like images, texts, and audio files.
Matic Insurance Services
Series A in 2017
Founded in 2014, Matic operates as a digital insurance agency offering solutions for consumers, originators, and servicers. It provides an online marketplace with over 40 A-rated home and auto carriers, enabling users to compare quotes easily and advocate for policyholders.
Insurdata
Seed Round in 2017
Insurdata Corporation, established in 2017 and headquartered in Broomfield, Colorado, specializes in providing property-specific data solutions for insurance and reinsurance underwriters. The company offers high-resolution, peril-specific exposures and building-level risk data, supporting clients' pricing, underwriting, and portfolio management decisions. Insurdata's platform employs advanced technologies such as mobile augmented reality and 3-D model creation to deliver both desktop and mobile products, enabling real-time risk assessment and informed decision-making.
Slice Labs
Series A in 2017
Slice Labs Inc. is a New York-based company that specializes in providing on-demand insurance platforms tailored for the evolving on-demand economy. The company offers an Insurance Cloud Services (ICS) platform, which empowers insurers and technology providers to create flexible, pay-as-you-go digital insurance products that cater to the needs of users anytime and anywhere. Slice also features Slice Mind, an AI-driven tool that assists organizations in personalizing, simulating, and predicting insurance risk, enhancing decision-making in insurance offerings. Additionally, Slice operates Duuo, a digital insurance brand focused on on-demand solutions. With a presence in the United Kingdom and the European Union, as well as operations expanding into the Asia Pacific region, Slice Labs is positioned as a key player in the innovative landscape of digital insurance services.
Wellthie
Funding Round in 2017
Wellthie Inc. is an insurance technology company based in New York, founded in 2013. It specializes in providing tools for brokers and carriers to streamline the insurance distribution process for small businesses and individuals. Wellthie offers a cloud-based e-commerce platform that includes features such as medical and ancillary quotes, a broker management dashboard, scenario modeling, an online storefront, custom client proposals, and market insights. The company has created a national small group benefits marketplace, enabling brokers to enhance their small group sales and insurance carriers to optimize product distribution. By focusing on improving the insurance shopping experience, Wellthie aims to facilitate a more intuitive and efficient process for both brokers and clients.
Rightindem
Seed Round in 2017
Rightindem is a provider of an online, self-service insurance claims platform that digitizes the claims process for multiple insurance lines. The platform enables customers to manage claims through a web interface and mobile tools, reducing jargon and expediting claim cycles, while backend services lower administrative workload for claims handlers and free brokers to focus on new business. Used globally with pilots in automotive, home and marine lines, it enables quick capture and sharing of visual information and guides customers through the process, helping insurers improve productivity, reduce costs and gain visibility into claims metrics.
Aureus Analytics
Seed Round in 2017
Aureus Analytics, established in 2012, is a Singapore-based company with offices in Hartford, USA, and Mumbai, India. It specializes in developing AI-driven insurance analytics solutions, primarily serving the property and casualty, and life insurance sectors. Aureus' flagship product, CRUX, is a cloud-based platform that employs machine learning and natural language generation to provide predictive analytics and actionable insights, enabling insurers to enhance customer experience, retention, and loyalty.
Extraordinary Re
Seed Round in 2017
Extraordinary Re is an innovative company that is transforming the insurance market by creating a platform for the syndication and real-time reallocation of insurance liabilities among investors. By unlocking over $20 trillion in existing liabilities held by insurance companies, the platform enhances access to new reinsurance capacities that specialize in pricing and managing dynamic risks. Extraordinary Re's technology facilitates efficient financial transactions across the insurance value chain, involving brokers, insurance firms, reinsurance companies, and institutional investors. This enables participants to engage with a novel class of asset, promoting price discovery for complex liabilities and providing attractive investment opportunities characterized by positive returns and low correlations.
Sureify
Series A in 2016
Sureify is a global SaaS platform serving Life and Annuity companies. It offers a comprehensive solution for sales, customer engagement, upselling, and cross-selling, enabling insurers to connect with new and existing customers securely and scalably. The platform integrates with existing systems and provides analytics, reporting, and executive overviews.
Fleety
Seed Round in 2014
Fleety is a peer-to-peer car sharing marketplace based in Curitiba, Paraná, Brazil, that facilitates car rentals between private owners and users. Launched in 2013 by Clayton Guimarães, Israel Lot, and André Marim, the platform enables individuals to easily locate available vehicles, contact their owners, and arrange rentals. To ensure safety and compliance, Fleety verifies drivers' licenses and vehicle information with official traffic authorities before confirming registrations. Additionally, all rented vehicles are automatically insured during the rental period, providing users with peace of mind while using the service. Fleety aims to make car rentals more accessible and cost-effective for users in Brazil.
HealthPocket
Series A in 2012
HealthPocket is a technology company that specializes in comparing and ranking health insurance plans available to consumers. Through its web portal, HealthPocket enables users to search for health plans in their local area, facilitating the selection of options based on quality and cost. The platform integrates quality ratings from government and non-profit organizations with its own proprietary ranking system, allowing consumers to identify the highest quality and lowest priced health insurance. By streamlining the process of comparing health plans, HealthPocket aims to help individuals save on out-of-pocket healthcare costs.
Smirk Health
Smirk Health is an insurance company specializing in health and dental coverage. It offers a unique platform that combines personalized dental insurance with at-home products, telehealth consultations, real-time payment processing, and a gamified rewards system. This approach encourages healthy dental habits, reduces insurance costs, and facilitates cross-border access to comprehensive care, integrating dental care into the broader wellness economy.
Strala
Strala Group is an insurance technology company that specializes in AI-powered outsourced claims processing. It serves insurance carriers, captives, and managing general agents (MGAs), offering a comprehensive platform that includes full third-party administrator services, an end-to-end claims management system, and a multi-channel conversational AI workforce. This suite of services helps insurance companies reduce operational and indemnity costs, enhance transparency, and support actuarial and underwriting functions.
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