Portage

Portage Ventures is a venture capital firm based in Toronto, Canada, established in 2016 as the corporate venture capital arm of Sagard Holdings. The firm specializes in investing in early-stage, growth-stage, and later-stage companies within the financial technology sector. Portage Ventures is dedicated to identifying and supporting promising Canadian fintech companies that have the potential to achieve significant global impact. Through its strategic investments, the firm aims to foster innovation and development in the financial services industry.

Darwin, Ross S.

Principal

Hélène Falchier

Partner

Adam Felesky

CEO

Ricky Lai

Partner

Leo Liu

Senior Associate

Gabi Makari

Associate

Okereke, AJ

Principal

Juliette Souliman

Principal

Alex Tung

Associate

Past deals in Life Insurance

Orus

Seed Round in 2022
Orus provides simple and transparent insurance coverage. The company is on a mission to offer simple, affordable, and tailored insurance coverage to European SMBs to give them the peace of mind to focus on what matters.

Socotra

Series C in 2022
Socotra is a technology platform that builds a modern cloud-based platform for technology-driven insurers. Its platform is built from the ground-up using the latest technologies to be transparent, reliable, flexible, and secure. It aims to provide insurers with a modern, enterprise-grade core system that enables them to rapidly develop and distribute products that better serve their customers. Socotra was founded in 2014 and is headquartered in San Francisco, California.

League

Series C in 2021
League is a platform technology company powering next-generation healthcare consumer experiences. League's healthcare CX platform creates personalized digital health experiences that drive measurable results.

Hellas Direct

Venture Round in 2021
Hellas Direct is a Cyprus-based digital-first insurance company that leverages advanced technology and artificial intelligence to offer competitive pricing on car, motorcycle, and home insurance. The company operates as a full-stack insurer, utilizing algorithms and analytics to streamline the insurance process and compare various offers, thereby simplifying the experience for clients. Backed by prominent investors such as Portag3 and the International Finance Corporation, Hellas Direct seeks to transform the traditional insurance value chain by emphasizing operational excellence and customer-centric solutions.

Acheel

Venture Round in 2021
Acheel simplifies access to online insurance divided into categories that include automotive, housing, healthcare, pet, and PNO. Acheel strives to innovate, modernize, and simplify insurance in order to provide customers with the best possible experience at the most affordable price.

Socotra

Venture Round in 2021
Socotra is a technology platform that builds a modern cloud-based platform for technology-driven insurers. Its platform is built from the ground-up using the latest technologies to be transparent, reliable, flexible, and secure. It aims to provide insurers with a modern, enterprise-grade core system that enables them to rapidly develop and distribute products that better serve their customers. Socotra was founded in 2014 and is headquartered in San Francisco, California.

Clark

Series C in 2021
Clark is an insurance platform providing transparent, cheap and comprehensive insurance coverage. By combining technology and insurance expertise, Clark offers users simple, fair and customer-centric insurance advice. The Berlin-based company was founded in June 2015 by Dr. Christopher Oster and Steffen Glomb. Clark is supported by FinTech incubator FinLeap and the insurance think tank ITA - "Institute for Transparency".

Socotra

Series B in 2020
Socotra is a technology platform that builds a modern cloud-based platform for technology-driven insurers. Its platform is built from the ground-up using the latest technologies to be transparent, reliable, flexible, and secure. It aims to provide insurers with a modern, enterprise-grade core system that enables them to rapidly develop and distribute products that better serve their customers. Socotra was founded in 2014 and is headquartered in San Francisco, California.

League

Corporate Round in 2019
League is a platform technology company powering next-generation healthcare consumer experiences. League's healthcare CX platform creates personalized digital health experiences that drive measurable results.

Qover

Venture Round in 2019
Qover is an insurtech that enables companies and insurance providers to offer seamless, tech-driven insurance experiences. Qover’s modular embedded insurance orchestration platform provides meaningful insurance experiences to over 4 million users across 32 European countries, and works with longstanding partners like Revolut, Monzo, Deliveroo, NIO, Canyon and many others.

Hellas Direct

Series C in 2019
Hellas Direct is a Cyprus-based digital-first insurance company that leverages advanced technology and artificial intelligence to offer competitive pricing on car, motorcycle, and home insurance. The company operates as a full-stack insurer, utilizing algorithms and analytics to streamline the insurance process and compare various offers, thereby simplifying the experience for clients. Backed by prominent investors such as Portag3 and the International Finance Corporation, Hellas Direct seeks to transform the traditional insurance value chain by emphasizing operational excellence and customer-centric solutions.

Clark

Series B in 2018
Clark is an insurance platform providing transparent, cheap and comprehensive insurance coverage. By combining technology and insurance expertise, Clark offers users simple, fair and customer-centric insurance advice. The Berlin-based company was founded in June 2015 by Dr. Christopher Oster and Steffen Glomb. Clark is supported by FinTech incubator FinLeap and the insurance think tank ITA - "Institute for Transparency".

Alan

Series A in 2018
Alan provides online digital insurance services focusing on health and wellness. The company offers health insurance services, providing solutions tailored to the needs of different types of businesses. It provides simple and seamless insurance coverage and easy claim handling. It gives access to medical professionals for users to easily and conveniently get medical advice and manage claims and reimbursements.

Hellas Direct

Series B in 2018
Hellas Direct is a Cyprus-based digital-first insurance company that leverages advanced technology and artificial intelligence to offer competitive pricing on car, motorcycle, and home insurance. The company operates as a full-stack insurer, utilizing algorithms and analytics to streamline the insurance process and compare various offers, thereby simplifying the experience for clients. Backed by prominent investors such as Portag3 and the International Finance Corporation, Hellas Direct seeks to transform the traditional insurance value chain by emphasizing operational excellence and customer-centric solutions.

Kin Insurance

Seed Round in 2017
Kin Insurance is a direct-to-consumer digital insurer focusing on the homeowner's insurance market. Kin Insurance enhances homeowners insurance convenience and affordability by removing external agents. The tech platform offers a seamless user experience, personalized coverage options, and efficient claims service. Kin utilizes extensive property data for precise pricing and improved underwriting results.

Limelight Health

Series B in 2017
Limelight Health helps insurance carriers, PEOs and employee benefit brokerage firms to achieve higher levels of sales by automating manual workflows and supporting plan distribution through our technology. By using our 'quote-to-enroll' platform, users simplify their experience, promote their value-add, and reinforce their brand. Integrated API enables seamless connectivity with other carrier, agency and employee benefit systems for end-to-end integration. By using our 'quote-to-enroll' platform, users simplify their experience, promote their value-add, and reinforce their brand. Integrated API enables seamless connectivity with other carrier, agency and employee benefit systems for end-to-end integration.

Clark

Private Equity Round in 2017
Clark is an insurance platform providing transparent, cheap and comprehensive insurance coverage. By combining technology and insurance expertise, Clark offers users simple, fair and customer-centric insurance advice. The Berlin-based company was founded in June 2015 by Dr. Christopher Oster and Steffen Glomb. Clark is supported by FinTech incubator FinLeap and the insurance think tank ITA - "Institute for Transparency".

Zensurance

Seed Round in 2016
Zensurance leading the technology revolution in the insurance industry, and demystifying insurance for start-ups and small businesses. The company uses data and analytics to identify the most common risks so the company can able to create curated insurance packages ideally suited for each industry. Small business owners no longer have to wade through endless forms and play phone-tag. They can learn about all their needs and purchase at their own convenience within minutes online. Zensurance works with the leading insurance companies and industry experts to build the most cutting edge insurance solution. Leveraging the latest innovations in user-experience design, and analytics.
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