Diesta is a company focused on developing payment software specifically for the insurance industry. Its solutions aim to modernize the flow of funds by automating the reconciliation and distribution of insurance payments. The software integrates internal systems with external partners onto a unified financial ledger, ensuring efficient processing of insurance premiums. This innovation allows clients in the insurance sector to achieve greater transparency, reduce administrative costs, and facilitate quicker payments, ultimately enhancing their revenue potential.
Ansel
Venture Round in 2024
Ansel Health is a company that develops a health insurance platform designed to improve employee benefits for employers through a straightforward supplemental health benefits plan. The platform provides insurance services that offer financial support in the form of cash payments to individuals diagnosed with various covered conditions, including those related to COVID-19. This support aims to help mitigate the financial challenges associated with serious health issues, facilitating a smoother recovery process for affected individuals.
Diesta is a company focused on developing payment software specifically for the insurance industry. Its solutions aim to modernize the flow of funds by automating the reconciliation and distribution of insurance payments. The software integrates internal systems with external partners onto a unified financial ledger, ensuring efficient processing of insurance premiums. This innovation allows clients in the insurance sector to achieve greater transparency, reduce administrative costs, and facilitate quicker payments, ultimately enhancing their revenue potential.
CoverGo is a pioneering company that offers a fully configurable, modular, no-code insurance platform designed for property-and-casualty, health, and life insurance providers. Its platform allows companies to build and launch a wide range of insurance products rapidly, enhancing the overall efficiency of policy administration and claims management. By leveraging hundreds of open insurance APIs, CoverGo facilitates seamless connectivity and automates various insurance processes, which supports digital transformation in a cost-effective manner. The platform's flexibility and adaptability enable swift integration with existing legacy systems, making it a valuable tool for insurance companies aiming to innovate and enhance their operational capabilities.
Pay Theory
Seed Round in 2022
Pay Theory is a financial technology company specializing in payment solutions tailored for various sectors, including education, healthcare, senior care, childcare, government, property, and insurance. The company develops a payments platform designed to address the intricate needs of Software as a Service (SaaS) vendors in these industries. By offering streamlined digital payment access and integrated services, Pay Theory helps families navigate financial transactions without encountering barriers related to money or banking. The platform facilitates electronic payments, electronic checks, and cash transactions, allowing organizations such as public schools to manage their payments efficiently without relying on traditional banking methods. Ultimately, Pay Theory aims to connect families with essential service providers, ensuring they can access necessary services while also creating a new revenue stream for SaaS vendors.
Fenris Digital
Venture Round in 2021
Fenris Digital is a technology company that specializes in providing solutions for global property and casualty insurers through a cloud-based platform. Founded in 2016 and headquartered in Glen Allen, Virginia, the company offers a suite of digital solutions, including an AI-based analytics engine that enhances underwriting efficiency and a mobile-first quoting platform known as TouchQuote. Fenris Digital's single API integrates data and insights to streamline customer acquisition and improve retention for insurance products. Its extensive data coverage includes 95% of the U.S. population, enabling clients to access critical information that enhances their workflows, increases conversion rates, and fosters an improved customer experience. By employing machine learning analytics, Fenris Digital helps insurers reduce the complexity of customer applications and optimize lead selection, ultimately driving better outcomes in the insurance market.
Click2Sure
Venture Round in 2020
Click2Sure is a digital insurance platform founded in 2015 that streamlines the process of purchasing insurance by embedding it within the buying experience. The company addresses the inefficiencies of traditional insurance purchasing, where customers often struggle to find suitable coverage after making a purchase. By offering a seamless solution, Click2Sure allows customers to complete their insurance transactions in minutes rather than hours or days. The platform enables retailers, service providers, distributors, and brokers to present a range of custom-developed insurance products, including life, vehicle, personal, and medical insurance, through digital channels at the point of sale. This approach not only enhances customer engagement across multiple touchpoints but also simplifies administration through automation, reducing costs and improving the overall efficiency of insurance distribution and management.
Ansel Health is a company that develops a health insurance platform designed to improve employee benefits for employers through a straightforward supplemental health benefits plan. The platform provides insurance services that offer financial support in the form of cash payments to individuals diagnosed with various covered conditions, including those related to COVID-19. This support aims to help mitigate the financial challenges associated with serious health issues, facilitating a smoother recovery process for affected individuals.
Fenris Digital
Seed Round in 2019
Fenris Digital is a technology company that specializes in providing solutions for global property and casualty insurers through a cloud-based platform. Founded in 2016 and headquartered in Glen Allen, Virginia, the company offers a suite of digital solutions, including an AI-based analytics engine that enhances underwriting efficiency and a mobile-first quoting platform known as TouchQuote. Fenris Digital's single API integrates data and insights to streamline customer acquisition and improve retention for insurance products. Its extensive data coverage includes 95% of the U.S. population, enabling clients to access critical information that enhances their workflows, increases conversion rates, and fosters an improved customer experience. By employing machine learning analytics, Fenris Digital helps insurers reduce the complexity of customer applications and optimize lead selection, ultimately driving better outcomes in the insurance market.
Sureify
Convertible Note in 2018
Sureify is a software as a service (SaaS) platform tailored for life and annuity insurance companies worldwide. It provides a comprehensive suite of digital customer engagement tools designed to enhance interactions between insurers, agents, and policyholders. The platform facilitates direct and agent-driven digital sales, policyholder services, and self-service options, enabling insurers to effectively manage customer relationships and improve retention. Key features include consumer-facing web and mobile applications, automated messaging, an agent engagement console, and an analytics-driven data platform. Sureify's solution is compatible with existing core and CRM systems, allowing for seamless integration with various customer applications and contact center platforms. Its focus on user experience is supported by a dedicated Customer Experience team that ensures best practices are implemented, enhancing digitalization for both enterprises and end-users. By leveraging Sureify's platform, life insurers can effectively educate customers on new products, reduce churn, and optimize cross-selling opportunities throughout the customer lifecycle.
Source Defense
Seed Round in 2017
Source Defense Ltd. is a cybersecurity company specializing in website security software that prevents attacks originating from third-party sources. Founded in 2014 and headquartered in Rosh-ha’ayin, Israel, with additional offices in Beer-Sheva and Stamford, Connecticut, the company offers a cloud-based Software-as-a-Service platform. This platform enables site owners to effectively manage their security by setting and enforcing permissions, receiving real-time alerts, and monitoring the activities of third-party vendors on their sites. Source Defense aims to eliminate the security risks associated with third-party integrations, allowing businesses to save significant time and resources while maintaining high performance and safety for site visitors. Its tailored solutions include VICE products designed for various sectors, including financial institutions, insurance companies, e-commerce, and publishing.
Sureify is a software as a service (SaaS) platform tailored for life and annuity insurance companies worldwide. It provides a comprehensive suite of digital customer engagement tools designed to enhance interactions between insurers, agents, and policyholders. The platform facilitates direct and agent-driven digital sales, policyholder services, and self-service options, enabling insurers to effectively manage customer relationships and improve retention. Key features include consumer-facing web and mobile applications, automated messaging, an agent engagement console, and an analytics-driven data platform. Sureify's solution is compatible with existing core and CRM systems, allowing for seamless integration with various customer applications and contact center platforms. Its focus on user experience is supported by a dedicated Customer Experience team that ensures best practices are implemented, enhancing digitalization for both enterprises and end-users. By leveraging Sureify's platform, life insurers can effectively educate customers on new products, reduce churn, and optimize cross-selling opportunities throughout the customer lifecycle.