Converge
Venture Round in 2025
Converge operates a cyber insurance platform that combines insurance, security, and technology to help businesses assess, manage, and mitigate cyber risks. The platform offers broad, customizable coverage driven by proprietary data analytics and a network of technology service partners to tailor protection to each exposure, addressing complex digital risks across organizations and simplifying risk management for evolving cyber threats.
Aurora Insurance
Seed Round in 2024
Digital Commercial Insurance
Lazarus
Venture Round in 2024
Lazarus Enterprises Inc. is a company that develops and operates a clinical decision support platform aimed at improving cancer detection. Founded in 2017 and based in Cambridge, Massachusetts, Lazarus utilizes patient health data and artificial intelligence to enhance diagnostic accuracy for skin and cervical cancers. The platform provides automatic analysis of medical images and delivers instant results, ensuring seamless integration with electronic health records. By supporting healthcare professionals in early cancer detection, Lazarus aims to contribute to better patient outcomes and more effective treatment strategies.
Snorkel AI
Venture Round in 2024
Snorkel AI, Inc. is a technology company that specializes in developing an end-to-end machine-learning platform designed to facilitate the creation, management, and monitoring of AI applications. Founded in 2016 and based in Palo Alto, California, the company offers Snorkel Flow, a platform that enables programmatic data labeling, augmentation, and curation. This platform supports the clean integration and management of data for AI, as well as the training and deployment of various models. Snorkel AI's technology is particularly adept at extracting entities, relationships, and structured information from complex documents and forms, while also ranking content based on relevance and other factors. The company serves diverse sectors, including finance, government, telecommunications, insurance, healthcare, and e-commerce, and is recognized for its contributions to AI research through peer-reviewed publications.
CLARA Analytics
Series C in 2023
Founded in 2016, CLARA Analytics specializes in improving claims outcomes for commercial insurance using AI-based tools. Its product suite employs image recognition, natural language processing, and other AI techniques to analyze medical notes and bills, providing predictive insights that help adjusters reduce claim costs and optimize outcomes for carriers, customers, and claimants.
YellowBird
Seed Round in 2023
YellowBird is an online marketplace that specializes in connecting businesses with qualified environmental, health, and safety professionals. The company has developed a data-driven talent-matching platform that utilizes advanced matching technology to ensure that businesses can find individuals with the appropriate skills and experience for specific roles. This innovative approach enables clients to engage professionals who are not only capable but also passionate about making a positive impact in their fields. By streamlining the hiring process, YellowBird facilitates effective collaborations between businesses and experts dedicated to enhancing safety and environmental standards.
Mitti Insurance
Venture Round in 2023
Mitti Insurance is a technology-driven insurance provider that partners with businesses to mitigate risk. It offers a platform integrating risk management with insurance, featuring tools such as a digital inspection app and sensors for real-time operational visibility and risk identification.
Geosite
Venture Round in 2022
Geosite Inc. is a technology company that specializes in the development of a cloud-based platform for managing and utilizing geospatial data, including satellite imagery, Internet of Things data, and drone mapping. Founded in 2018 and based in Palo Alto, California, Geosite's platform serves various sectors, including energy, defense, and technology. It provides users with access to high-frequency satellite data, planning and logistics tools, and distributed sensor platform integrations. By linking spatial data and analytics to business operations and incident management, Geosite enables customers, including government and military agencies, to effectively scout construction projects and assess planned versus actual outcomes. The platform functions as a comprehensive marketplace for spatial imagery, offering decision-grade intelligence that supports informed decision-making.
Iluminr is a company that focuses on revolutionizing crisis management practices through innovative cloud-based tools. By enhancing awareness and collaboration, Iluminr enables organizations globally to navigate business-critical events more effectively. Its products offer comprehensive services for monitoring potential threats, such as health pandemics, cyber attacks, natural disasters, and security incidents. The company provides early warning systems, contextual threat analysis, and automated alerts to facilitate timely responses. Additionally, Iluminr supports businesses in understanding the implications of these threats and ensures seamless communication with stakeholders, ultimately helping organizations minimize negative impacts while maximizing opportunities during crises.
LeaseLock
Venture Round in 2022
LeaseLock is a technology company that replaces security deposits with insurance, streamlining the rental process. It uses AI to optimize coverage based on property history and integrates seamlessly into online leasing platforms, resulting in improved conversion rates and reduced risk for property owners.
Demex is a data and analytics company that partners with insurance industry players to mitigate frequent property losses from secondary perils. It models loss accumulation based on weather and claims data, informed by climate research, offering parametric stop-loss solutions tailored to insurers' needs.
Jupiter Intelligence
Series C in 2021
Jupiter Intelligence, Inc. is a technology company that specializes in climate risk analytics, providing tools and platforms to assess the impacts of weather and climate change. Founded in 2017 and based in San Mateo, California, Jupiter offers the ClimateScore Intelligence Platform, which utilizes cloud computing to integrate various predictive models that process data from numerous ground-based and satellite sensors. The company's offerings include Jupiter FloodScore, which assists users in preparing for potential flooding, and Jupiter HeatScore, which predicts extreme temperatures to help organizations mitigate heat- and cold-related risks. By transforming complex climate science into actionable data, Jupiter enables businesses to proactively manage and disclose climate risks, helping them navigate the increasing frequency and severity of extreme weather events.
Tensorflight
Series A in 2021
Tensorflight specializes in delivering precise and comprehensive commercial property data through advanced technology. The company utilizes a proprietary engine powered by machine learning, artificial intelligence, and computer vision to analyze images of entire building structures. This analysis builds an extensive database that includes detailed features such as building footprints, square footage, AI-based replacement costs, the number of stories, construction type, roof attributes, and more. Tensorflight's platform is designed to optimize underwriting and claims processes for insurance companies by providing structured property data and actionable insights, which help in pricing premiums and assessing risk within their portfolios.
Bold Penguin
Series B in 2020
Bold Penguin is a commercial insurance exchange that connects customers, agents, and carriers to match the right quote quickly. It focuses on agents, delivering a user-friendly experience for businesses and a streamlined underwriting process for carriers. The company operates an Exchange that uses a set of solutions to identify, triage, quote, and bind commercial insurance in a highly efficient, tech-enabled workflow. It aims to provide platform enhancements that increase flexibility in how core technology is leveraged by enterprise customers and to expand into excess and surplus lines. Founded in 2016 and headquartered in Columbus, Ohio, Bold Penguin seeks to simplify the commercial insurance selection and underwriting process through digital collaboration among buyers, agents, and insurers.
Jupiter Intelligence
Series B in 2019
Jupiter Intelligence, Inc. is a technology company that specializes in climate risk analytics, providing tools and platforms to assess the impacts of weather and climate change. Founded in 2017 and based in San Mateo, California, Jupiter offers the ClimateScore Intelligence Platform, which utilizes cloud computing to integrate various predictive models that process data from numerous ground-based and satellite sensors. The company's offerings include Jupiter FloodScore, which assists users in preparing for potential flooding, and Jupiter HeatScore, which predicts extreme temperatures to help organizations mitigate heat- and cold-related risks. By transforming complex climate science into actionable data, Jupiter enables businesses to proactively manage and disclose climate risks, helping them navigate the increasing frequency and severity of extreme weather events.
Hyperscience
Series B in 2019
Hyperscience is a technology company specializing in artificial intelligence-based enterprise software that automates office work processes. Its software leverages machine learning to efficiently handle structured and semi-structured documents, facilitating automated data entry, extracting essential details from invoices, and reconciling compliance-driven data. By streamlining complex processes, Hyperscience aims to enhance productivity for organizations and governments, thereby modernizing mission-critical operations.
Zeguro Inc. is a cyber security and insurance platform based in San Francisco, California, founded in 2016. The company focuses on helping small and medium-sized enterprises (SMEs) identify and mitigate cyber risks. Zeguro's platform enables these businesses to assess their vulnerabilities and offers tailored insurance solutions to cover potential losses from incidents such as data breaches, business interruptions, cyber extortion, and payment fraud. In addition to insurance, Zeguro provides cybersecurity training and monitoring services, ensuring that SMEs can effectively protect themselves against cyber threats while benefiting from affordable and comprehensive cyber insurance coverage.
The World Bank Group
Debt Financing in 2018
The World Bank Group is an international organization that provides financial and technical assistance to low- and middle-income countries. Established in 1944, it consists of five institutions and has over 10,000 employees across more than 120 offices worldwide. The group offers low-interest loans, grants, and interest-free credits to support development projects in areas such as education, health, infrastructure, and environmental management. It also provides analytical and advisory services, guarantees and risk management products, and invests in businesses and governments. The World Bank Group's mission is to reduce poverty and support development by promoting sustainable growth and shared prosperity in developing countries.
Hyperscience
Corporate Round in 2018
Hyperscience is a technology company specializing in artificial intelligence-based enterprise software that automates office work processes. Its software leverages machine learning to efficiently handle structured and semi-structured documents, facilitating automated data entry, extracting essential details from invoices, and reconciling compliance-driven data. By streamlining complex processes, Hyperscience aims to enhance productivity for organizations and governments, thereby modernizing mission-critical operations.
Cytora provides a configurable risk digitization and analytics platform for commercial insurance. The platform digitizes each incoming risk, augments it with internal and external data sources, and evaluates it against rules governing appetite and priority before routing to downstream underwriting systems for automated or manual processing. Using artificial intelligence, Cytora learns patterns of risk and loss outcomes over time, computes a risk rank, score, and price for each property and organization, and helps insurers target profitable risks, improve risk selection, and optimize pricing. The company was founded in 2014 and is headquartered in London.
RiskGenius
Series A in 2017
RiskGenius is a developer of a policy review platform that utilizes artificial intelligence and machine learning to enhance the efficiency of insurance professionals. The platform is designed to streamline the work of underwriters, brokers, and regulators by interpreting, organizing, and standardizing policy language. Through its custom algorithms and workflow modules, RiskGenius enables its customers to gain a better understanding of policy language, thereby facilitating more efficient underwriting workflows. The company's focus on true policy automation allows insurance professionals to connect with digital knowledge, ultimately improving their operational effectiveness and decision-making processes.
Optima Insurance Group
Acquisition in 2011
Optima Insurance Group focuses on small and mid-size selected property and casualty commercial risks and personal lines. Insurance is distributed through a wide network of independent brokers and agents, along with diverse agreements with local financial entities.
The NAU Group
Acquisition in 2010
The NAU Group, founded by the Deal family, specializes in crop insurance services primarily in the Midwestern United States and California. Established with a vision to enhance financial security for farmers, the company has played a pivotal role in the evolution of crop insurance as a key risk management tool for American agriculture. Known for its exceptional customer service, The NAU Group operates through a network of over 1,600 independent agents and maintains 10 offices across the nation. The company is licensed in 47 states and employs more than 600 staff members, both in the field and at its offices. As a leader in innovative technology within the crop insurance sector, The NAU Group is dedicated to providing the financial strength necessary for the security of its customers in today's insurance landscape. The company is part of QBE Insurance Group Limited, recognized as one of the top insurers and reinsurers globally.
Cumbre Compañía de Seguros
Acquisition in 2007
Cumbre Compañía de Seguros is a small organization in the detective and armored car services.
British Marine
Acquisition in 2005
British Marine is the trade association for the UK leisure, superyacht and small commercial marine industry.
Snorkel AI, Inc. is a technology company that specializes in developing an end-to-end machine-learning platform designed to facilitate the creation, management, and monitoring of AI applications. Founded in 2016 and based in Palo Alto, California, the company offers Snorkel Flow, a platform that enables programmatic data labeling, augmentation, and curation. This platform supports the clean integration and management of data for AI, as well as the training and deployment of various models. Snorkel AI's technology is particularly adept at extracting entities, relationships, and structured information from complex documents and forms, while also ranking content based on relevance and other factors. The company serves diverse sectors, including finance, government, telecommunications, insurance, healthcare, and e-commerce, and is recognized for its contributions to AI research through peer-reviewed publications.