Plug and Play

Plug and Play, founded in 2006 and based in Sunnyvale, California, operates as a business accelerator and venture capital firm that focuses on early-stage and seed investments in technology startups. The firm runs 12 industry-specific accelerator programs annually, connecting startups with corporate partners and investors to foster collaboration and growth. Plug and Play's investment strategy encompasses a wide range of sectors, including fintech, health and wellness, travel, cybersecurity, and sustainability, allowing it to support diverse startups from any country. The firm provides various resources, including funding, mentorship, office space, and networking opportunities, and has a global presence with offices in North America, Europe, and Asia. Plug and Play has a strong track record, having helped numerous startups secure over $9 billion in funding since its inception. Its programs aim to refine business models and facilitate introductions to potential investors, ultimately contributing to the growth of the startup ecosystem.

Focus

Seed Round Convertible Note Pre Seed Round Series A Early Venture Show more

http://mexico.plugandplaytechcenter.com

http://plugandplayaccelerator.com/fintech

http://plugandplayspain.es

http://www.plugandplaytechcenter.com

https://crunchbase.com/organization/plug-and-play

https://facebook.com/plugandplayspain

https://linkedin.com/company/plug-and-play-ventures-mexico

https://pitchbook.com/profiles/investor/54172-81

https://signal.nfx.com/firms/plug-and-play

https://twitter.com/pnpfintech

https://www.capitaliq.com/CIQDotNet/company.aspx?companyId=106359141

440 N. Wolfe Rd, Sunnyvale, CA 94085, US

Saeed Amidi

Co-Founder & Co-Chief Executive Officer

Kiswana Browne

Associate

Gabriela Dow

Co-Founder and Partner

Matt Helmers

Director of Strategy and Innovation

Alex Roudi

Managing Partner, San Diego

Marc Steiner

General Counsel

Jupe Tan

Managing Partner, Asia Pacific & Senior Vice President, Global Operations

Phillip Vincent

Managing Partner, East Asia

Chen Zhao

Managing Partner, China

Past deals in Life Insurance

Helvengo

Seed Round in 2022

Helvengo operates a digital managing general agent (MGA) platform that specializes in providing comprehensive insurance solutions for small and medium enterprises (SMEs). The platform leverages AI-based risk analysis to identify coverage gaps and streamline the quoting process, offering real-time, automated insurance quotes. By addressing common challenges such as complex and opaque premium structures, Helvengo enables SMEs and their advisors to access transparent, tailored insurance products that are customized to specific business needs. The end-to-end digital process facilitates efficient insurance management, allowing businesses to assess risks and mitigate losses effectively.

Upsurance

Convertible Note in 2021

Upsurance operates a mid-market commercial insurance platform that enhances the speed and efficiency of insurance transactions. By utilizing a risk matching algorithm, the platform connects insurers with retail brokers, facilitating a streamlined process for browsing marketplace offerings and completing transactions. Upsurance's technology ensures a secure, auditable trail for all interactions, significantly improving the return on investment for insurers and providing brokers with unparalleled access to commercial insurance solutions.

Jerry

Series A in 2021

Jerry is an AI financial service startup that negotiates loans and insurances for american families. The company constantly looks for savings on your fixed costs (subscriptions like insurance, loans, etc) and does all the work to negotiate better rates and paperwork to switch and save money automatically. Like all best things in life, Jerry is completely free for members!

Surround Insurance

Seed Round in 2021

Surround designs customer-centric insurance products for modern lifestyles. The company’s first offering is a subscription starter pack of insurance coverages for young, urban professionals who rent, share, borrow, and freelance.

COVU

Convertible Note in 2020

Vero Intelligence is a mission-driven company with a focus on helping everyday people better manage their risks in life.

Everyday Life

Pre Seed Round in 2020

Everyday Life Insurance uses technology to redefine financial security for middle income families. Its first product, Predictive Protection, saves consumers money by automatically adjusting coverage based on predictable life events like kids growing up or retirement. It was founded in 2018 and headquartered in Boston, Massachusetts.

Buddy

Seed Round in 2019

Buddy Technology, Inc. provides insurance brokerage services. It offers health and accidental insurance plans to customers who are involved in risky outdoor activities. The company also operates an online platform to provide the insurance plans and interact with customers. Buddy Technology, Inc. was founded in 2017 and is based in Richmond, Virginia.

Frich

Venture Round in 2019

Frich Inc. is a Tokyo-based start-up that specializes in peer-to-peer insurance services. The company focuses on innovative insurance solutions that leverage community support, allowing individuals to share risk and costs among themselves. By fostering a collaborative environment, Frich aims to enhance the insurance experience for its users. With its unique approach to insurance, the company seeks to disrupt traditional models and offer more accessible and affordable options to consumers.

Lula

Convertible Note in 2019

Lula operates a peer-to-peer marketplace that connects vehicle owners with individuals seeking to rent those vehicles. It allows vehicle owners to list their vehicles for rent and facilitates direct communication and transactions between owners and renters. Lula does not own or manage the vehicles and does not engage in the contracts formed between owners and renters. Additionally, Lula provides insurance technology solutions tailored for various sectors, including car rental companies and logistics firms. Their offerings include policy management, risk assessment tools, and claims handling services, which help clients streamline their insurance processes and reduce operational costs.

Surround Insurance

Convertible Note in 2019

AkinovA

Seed Round in 2018

AkinovA Limited operates an independent electronic marketplace designed for the transfer and trading of re/insurance risks. Founded in 2017 and based in Marylebone, United Kingdom, the company provides its online platform to brokers and capital market participants, facilitating insurance advisory services and the management of client portfolios, capital, and risk. AkinovA collaborates with prominent players in the insurance sector, including Hiscox and MS&AD Insurance Group, as well as venture capital firms such as FJ Labs and FinTLV, to enhance its offerings while maintaining its independence in the market. The company aims to integrate with the existing re/insurance value chain to promote market growth.

Mira

Seed Round in 2018

Mira Financial, Inc. provides online insurance brokerage services. The company's online platform helps compare the quotes from different insurers and provides advice to buy a policy that fits the customer. Mira Financial, Inc. was founded in 2016 and is based in New York, New York.

Blueprint Income

Seed Round in 2018

Blueprint Income, Inc. operates a digital platform that connects pension planners with insurance companies, providing a marketplace for retirement income products such as annuities. Founded in 2014 and based in New York, the company aims to simplify the retirement planning process, allowing users to compare and purchase various annuity options tailored to their personal circumstances. By offering easy access to fixed, income, and index annuities, Blueprint Income empowers individuals, regardless of their employer, age, or wealth, to secure guaranteed, lifelong income for retirement. The platform not only facilitates the selection and purchase of these financial products but also enhances consumer understanding of annuities, enabling users to make informed decisions about their financial futures.

Glidian

Seed Round in 2018

Glidian Inc. designs and develops a platform for insurance sector. It incorporates insurance specific requirements from medical policies and automatically updates a policies change. The platform provides analytics and reports of policy authorization. In addition, it provides real-time support for all insurance related queries. The company was founded in 2016 and is based in Palo Alto, California.

Tomorrow Ideas

Seed Round in 2018

Tomorrow Ideas, Inc. specializes in developing an application aimed at safeguarding families' financial futures. The app offers a range of features, including tools for creating a last will and testament, establishing a revocable living trust, and setting up guardianship for children and pets. Additionally, it includes calculators for net worth and life insurance, a comparison of term life insurance options, and provides a complimentary insurance policy. The application is accessible on both iOS and Android platforms. Founded in 2015 and headquartered in Seattle, Washington, Tomorrow Ideas is committed to helping families navigate important financial decisions.

Quilt

Series A in 2018

Quilt Insurance Agency, LLC is an online insurance broker based in Boston, Massachusetts, founded in 2015. The company specializes in providing renters' insurance and term life insurance through digital channels, catering primarily to individuals who are accustomed to online interactions. Quilt aims to simplify the insurance purchasing process, making it more accessible and user-friendly. As of August 2018, Quilt operates as a subsidiary of Haven Life Insurance Agency, LLC.

Hippo Insurance

Series B in 2018

Hippo Insurance provides home insurance brokerage services, focusing on modernizing coverage for homeowners. Founded in 2015 and headquartered in Palo Alto, California, with additional offices in Austin and Dallas, the company utilizes technology to streamline the insurance process. Hippo aims to simplify and enhance home insurance by offering intuitive and proactive coverage that actively addresses the needs of clients. By adopting a tech-driven approach, Hippo seeks to transform how individuals safeguard their homes, allowing them to feel secure and carefree. The company emphasizes a commitment to delivering smarter, more efficient insurance solutions tailored to contemporary homeowners.

WorldCover

Seed Round in 2018

WorldCover is a company that focuses on providing satellite-enabled insurance to protect farmers from natural disasters, particularly droughts. Founded in 2015 by professionals from MIT in computer science and finance, WorldCover operates a peer-to-peer risk relief network aimed at addressing the significant climate risks affecting agriculture, estimated at $100 billion globally. Headquartered in New York, the company also has operations in Ghana. By leveraging mobile money technology, WorldCover aims to improve food and income security for smallholder farmers in developing countries, a demographic that includes over 70% of the 2.5 billion people living at the base of the economic pyramid, who depend on agriculture for their livelihoods.

Life.io

Seed Round in 2017

Life.io is the world’s first web-based platform specifically designed to help people make better decisions every moment, to take care of themselves more, to engage more, to simply live more. Delivered through insurance companies or employers, it’s always on, sharing inspired ideas on how to live better today and every day after.

reThought Insurance

Seed Round in 2017

reThought Insurance Corporation is a technology-driven managing general agent (MGA) that specializes in commercial flood insurance. Founded in 2017 and based in Broomfield, Colorado, the company utilizes proprietary underwriting methodologies and advanced risk assessment technology to visualize, assess, underwrite, and price flood insurance for commercial properties. By prioritizing product innovation, reThought aims to enhance the insurance experience for its clients while addressing the specific risks associated with flooding.

Quilt

Seed Round in 2017

Tomorrow Ideas

Seed Round in 2017

Jerry

Seed Round in 2017

Extraordinary Re

Seed Round in 2017

Extraordinary Re (!Re) is creating a new marketplace where insurance liabilities can be syndicated to investors and then reallocated between investors in real time. Our platform will unlock $20+ trillion of existing liabilities held on insurance company balance sheets, access new sources of reinsurance capacity that is expert in pricing and managing dynamic risks, create price discovery for liabilities that are difficult to value, and enable institutional investors to access diversifying and attractive sources of return. It is the next step in the evolution of insurance linked securities (ILS).

Sureify

Series A in 2016

Sureify Labs Inc. operates an online interactive life insurance education interface to teach people about their life insurance needs. Sureify Labs Inc. was incorporated in 2012 and is based in San Jose, California.

EsLife

Seed Round in 2014

EsLife helps his clients to find trustworthy, reliable professionals to take care of their families and homes. EsLife gives you back time to enjoy doing what you really would like to do like being with your family, hanging out with your friends or travel around.