Investor directory

Techstars

Techstars Central LLC, founded in 2006 and based in Boulder, Colorado, operates as a startup accelerator and venture capital firm focused on supporting early-stage technology-oriented companies. It specializes in a mentorship-driven accelerator program, selecting ten startups each summer to participate in a three-month incubation period, offering funding of $120,000 in exchange for equity. Techstars invests primarily in sectors such as fintech, artificial intelligence, blockchain, augmented reality, and IoT, while avoiding investments in medical devices, healthcare technology, and local service-oriented businesses. In addition to its primary accelerator, Techstars has various specialized programs, including those focused on music, retail, mobility, and social impact, with global reach extending to regions such as Africa, Asia, and Latin America. The firm prefers taking minority stakes, typically between six and ten percent, without seeking board representation or investor rights. Techstars has built a robust network of entrepreneurs, mentors, and corporate partners to foster innovation and growth within its portfolio, which includes over 1,000 companies with a significant collective market capitalization.

Focus

Pre Seed RoundSeed RoundArtificial IntelligenceMachine LearningSeries AShow more
http://techstars.com/ventures
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Ethan Austin

MD of the Techstars Western Union Accelerator

Mark Tortorella

Advisor

Nathanial Zola

MD

Past deals in Insurance

Openly

Series C in 2022
Openly Inc. is a technology-enabled insurance provider that specializes in homeowners insurance, catering to customers through independent agents. Founded in 2017 and headquartered in Boston, Massachusetts, with an additional office in Chicago, the company leverages technology and industry expertise to deliver comprehensive insurance coverage. Openly's offerings include protection for the structure of the building, walls, roof, and attached fixtures. The company focuses on providing a simplified quoting process, aiming to enhance the overall insurance experience for its customers.

Autority

Seed Round in 2021
Autority operates as a subscription-based multi-channel benefits platform designed for vehicle owners, offering significant savings and perks. The platform helps vehicle owners save hundreds of dollars annually while providing additional services at no cost. It also supports auto shop owners by driving new customer traffic, thereby increasing their sales and service opportunities. Additionally, Autority features a B2B marketplace that allows auto part suppliers to effectively sell their products. The company has developed an automotive application that streamlines vehicle-related payments, enabling users to manage expenses such as traffic fines, insurance, tolls, and fuel efficiently. This comprehensive approach facilitates quick access to payment receipts, enhancing the overall experience for vehicle owners and service providers alike.

Autority

Seed Round in 2021
Autority operates as a subscription-based multi-channel benefits platform designed for vehicle owners, offering significant savings and perks. The platform helps vehicle owners save hundreds of dollars annually while providing additional services at no cost. It also supports auto shop owners by driving new customer traffic, thereby increasing their sales and service opportunities. Additionally, Autority features a B2B marketplace that allows auto part suppliers to effectively sell their products. The company has developed an automotive application that streamlines vehicle-related payments, enabling users to manage expenses such as traffic fines, insurance, tolls, and fuel efficiently. This comprehensive approach facilitates quick access to payment receipts, enhancing the overall experience for vehicle owners and service providers alike.

InsureTax

Pre Seed Round in 2021
InsureTax specializes in the prediction and hedging of financial risks that focus on tax liabilities and issuing tax policies. It protects businesses and individuals from any uncertain tax exposure in their tax filing and guarantees the tax filing result.

Fleri

Seed Round in 2021
Fleri is an insurance technology startup founded in 2020 and based in Columbus, Ohio. The company is dedicated to serving the families of migrants living in the diaspora by offering insurance coverage and related financial solutions. Fleri's platform enables immigrants to support their dependent relatives overseas without relying on traditional money transfers. It provides access to quality healthcare for these loved ones through a dedicated family care manager, an assigned primary care doctor, and unlimited care coordination. This approach ensures transparency and accountability, allowing migrants to effectively sponsor the well-being of their families back home.

Klaim

Seed Round in 2021
Klaim is an InsureTech platform offering a SaaS medical claim management and financing platform all in one. They provide them with total visibility on their revenue cycle, increase their revenue through reduced claim processing time and errors, and faster payments.

Clinify Health

Seed Round in 2021
Clinify Health works with independent physician practices who care for populations in underserved communities to achieve financial stability by optimizing decision-making at the point-of-care which results in these practices being able to enter in to, and succeed in, alternative payment arrangements.

Klaim

Pre Seed Round in 2021
Klaim is an InsureTech platform offering a SaaS medical claim management and financing platform all in one. They provide them with total visibility on their revenue cycle, increase their revenue through reduced claim processing time and errors, and faster payments.

Everyday Life

Venture 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.

Koala

Seed Round in 2020
Koala is a travel insurance provider that addresses the shortcomings of traditional insurance services by offering a streamlined and customer-focused approach. The company specializes in compensating travelers for delayed or canceled flights, monitoring clients' journeys to ensure timely and automatic compensation in the event of disruptions. This includes issues related to flight cancellations, delays, and baggage problems. Koala aims to enhance the travel experience by eliminating hidden fees and unnecessary complexities, positioning itself as a personal travel assistant that prioritizes customer satisfaction and fairness. Through its innovative model, Koala seeks to transform how travelers manage disruptions, ensuring they receive prompt support when things go wrong.

Hosta Labs

Pre Seed Round in 2020
Hosta Labs Inc., founded in 2018 and based in Cambridge, Massachusetts, specializes in developing an application that transforms images and videos of living spaces into a 3-D model-powered home management platform. The company's technology automates the analysis of interior structures, primarily serving property insurance carriers. This application provides detailed insights into accurate replacement values, risks during the underwriting process, and the assessment of raw material quantities and mitigation measures in the claims process. By simplifying the home renovation and insurance processes, Hosta Labs aims to enhance efficiency and accuracy in property management.

Sprout.ai

Seed Round in 2020
AI powered Claims Automation & Fraud Filtering for Insurance Sprout.ai's Benefits: - Reduce settlement times with 50% - Increase fraud detection with 15% - Reduce operational costs with 70$ - Zero impact on IT roadmap - Industrial grade security Working with insurance players in USA, UK & Europe

Cuvva

Series A in 2019
Cuvva Limited provides motor and travel insurances products through its mobile app. The company offers temporary car, pay monthly car, single trip travel, and learner driver insurance products. Cuvva Limited was incorporated in 2014 and is based in London, United Kingdom.

Koala

Pre Seed Round in 2019
Koala is a travel insurance provider that addresses the shortcomings of traditional insurance services by offering a streamlined and customer-focused approach. The company specializes in compensating travelers for delayed or canceled flights, monitoring clients' journeys to ensure timely and automatic compensation in the event of disruptions. This includes issues related to flight cancellations, delays, and baggage problems. Koala aims to enhance the travel experience by eliminating hidden fees and unnecessary complexities, positioning itself as a personal travel assistant that prioritizes customer satisfaction and fairness. Through its innovative model, Koala seeks to transform how travelers manage disruptions, ensuring they receive prompt support when things go wrong.

Seel

Pre Seed Round in 2019
Kover, formerly known as Omnipool, is an online insurance platform founded in 2018 and headquartered in San Francisco, California. The company specializes in providing customized insurance solutions tailored for freelancers and individuals engaged in everyday activities. Kover offers a range of products, including iPhone protection insurance and income loss protection for Uber and Lyft drivers, all accessible through its blockchain-based platform. By focusing on common, everyday risks rather than infrequent catastrophes, Kover aims to create a new category of insurance that delivers peace of mind to its users.

Seel

Convertible Note in 2019
Kover, formerly known as Omnipool, is an online insurance platform founded in 2018 and headquartered in San Francisco, California. The company specializes in providing customized insurance solutions tailored for freelancers and individuals engaged in everyday activities. Kover offers a range of products, including iPhone protection insurance and income loss protection for Uber and Lyft drivers, all accessible through its blockchain-based platform. By focusing on common, everyday risks rather than infrequent catastrophes, Kover aims to create a new category of insurance that delivers peace of mind to its users.

Wagmo

Seed Round in 2019
Wagmo, Inc. is a Boston-based company that provides monthly wellness insurance plans specifically designed for pets. Founded in 2017, the company offers reimbursement for routine care services, including vaccinations, grooming appointments, and preventive medications. By leveraging veterinary data, Wagmo enables pet owners to anticipate and manage the costs of care in their area, optimizing the health and well-being of their pets. The service is aimed at making regular pet care more accessible and affordable through its comprehensive wellness plans.

Sprout.ai

Seed Round in 2019
AI powered Claims Automation & Fraud Filtering for Insurance Sprout.ai's Benefits: - Reduce settlement times with 50% - Increase fraud detection with 15% - Reduce operational costs with 70$ - Zero impact on IT roadmap - Industrial grade security Working with insurance players in USA, UK & Europe

Upsie

Series A in 2019
Upsie Technology Inc. specializes in providing a mobile application that simplifies the process of purchasing extended warranties for consumer electronics and appliances. Founded in 2015 and based in Minneapolis, Minnesota, the app allows users to buy warranties for a wide range of products, including TVs, laptops, headphones, home appliances, and cameras. Upsie offers competitive pricing without the high markups typically associated with warranty sales, presenting all coverage options transparently within the app. Users can easily manage their warranties, initiate claims, and even scan barcodes while shopping to view available options for specific items. The app also features a function for photographing and storing receipts, enhancing the user experience by keeping all warranty information organized and accessible.

Photocert

Convertible Note in 2019
Photocert Ltd operates a digital insurance platform that focuses on secure claim automation and the validation of visual evidence. The company provides technology that allows policyholders to capture certified authentic images, ensuring that each photo includes verified details such as date, time, GPS location, and source device, while confirming the image's integrity since its capture. Photocert's solutions are designed to address issues of misinformation and fraud in the digital space, particularly within the insurance sector. Their modular product can be customized to meet diverse client needs, offering a range of applications, including onboarding processes, damage estimation for motor claims, and property claims related to water leaks. Additionally, Photocert's platform facilitates the creation of automated standards for condition checking in the art industry and provides legally valid photographic evidence to minimize liabilities in the shipping sector. Incorporated in 2016, Photocert is headquartered in London, United Kingdom.

Photocert

Pre Seed Round in 2019
Photocert Ltd operates a digital insurance platform that focuses on secure claim automation and the validation of visual evidence. The company provides technology that allows policyholders to capture certified authentic images, ensuring that each photo includes verified details such as date, time, GPS location, and source device, while confirming the image's integrity since its capture. Photocert's solutions are designed to address issues of misinformation and fraud in the digital space, particularly within the insurance sector. Their modular product can be customized to meet diverse client needs, offering a range of applications, including onboarding processes, damage estimation for motor claims, and property claims related to water leaks. Additionally, Photocert's platform facilitates the creation of automated standards for condition checking in the art industry and provides legally valid photographic evidence to minimize liabilities in the shipping sector. Incorporated in 2016, Photocert is headquartered in London, United Kingdom.

Safely

Pre Seed Round in 2018
Safely. Trust insured. Safely answers the two most pressing questions in the vacation home rental industry: Who is staying in my house? What happens when something goes wrong? Combining a rigorous guest verification program with the most comprehensive insurance available, Safely gives property managers and homeowners peace of mind that their homes are safe and protected.

Buddy

Pre Seed Round in 2018
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.

Clyde

Pre Seed Round in 2018
Clyde Technologies, Inc. is an insurance technology company that provides a platform enabling businesses to offer extended warranties and accident protection to their customers. Founded in 2017 and based in New York, Clyde's platform allows retailers, regardless of size, to seamlessly deliver product protection plans to consumers during the shopping experience. By managing the entire process from purchase to claim resolution, Clyde enhances the customer experience and fosters a direct relationship between retailers and their clients. The platform connects businesses with a network of insurance providers, facilitating the acquisition of protection plans. This approach not only increases revenue for retailers but also lowers program maintenance costs and enhances customer loyalty.

Aligned Biz

Pre Seed Round in 2018
Aligned Business has built and launched Origami, an end-to-end insurance platform that allows insurance companies and their distribution networks to fast configure on-demand digital insurance products in any language - changing today's costly and slow insurance product to market processes and delivering rapid digital transformation for insurance entities that operate multiline insurance products across geographic markets.

Enroll Hero

Pre Seed Round in 2018
Personalized recommendation tool that helps seniors pick the perfect Medicare plan in seconds.

Nimbla

Seed Round in 2018
Nimbla provides B2B invoice insurance to small and medium-sized businesses in the United Kingdom. The London fintech company, through their unique technology, allows them to instantly review the credit rating of their invoices and insure them individually, paying out in the event of insolvency.

Player’s Health

Seed Round in 2018
Player’s Health is an insurance agency that protects athletes and sports organizations with a unique risk management platform. To do this, they use an interactive mobile and web-based platform designed to allow coaches to quickly and easily document any injury that occurs during practice or games. This promotes real-time communication between coaches and parents to best care for the health and wellbeing of youth athletes. Their HIPAA compliant interface simplifies the flow of youth athlete health information between coach, parent, and healthcare provider. Player’s Health fosters a personalized network of care for each youth athlete.

Upsie

Seed Round in 2018
Upsie Technology Inc. specializes in providing a mobile application that simplifies the process of purchasing extended warranties for consumer electronics and appliances. Founded in 2015 and based in Minneapolis, Minnesota, the app allows users to buy warranties for a wide range of products, including TVs, laptops, headphones, home appliances, and cameras. Upsie offers competitive pricing without the high markups typically associated with warranty sales, presenting all coverage options transparently within the app. Users can easily manage their warranties, initiate claims, and even scan barcodes while shopping to view available options for specific items. The app also features a function for photographing and storing receipts, enhancing the user experience by keeping all warranty information organized and accessible.

Openly

Seed Round in 2018
Openly Inc. is a technology-enabled insurance provider that specializes in homeowners insurance, catering to customers through independent agents. Founded in 2017 and headquartered in Boston, Massachusetts, with an additional office in Chicago, the company leverages technology and industry expertise to deliver comprehensive insurance coverage. Openly's offerings include protection for the structure of the building, walls, roof, and attached fixtures. The company focuses on providing a simplified quoting process, aiming to enhance the overall insurance experience for its customers.

Felix

Pre Seed Round in 2018
Felix is a B2B SaaS platform to seamlessly connect insurers, intermediaries and their consumers to the insurance ecosystem. Their platform will allow traditional brokers to focus on their key strengths like product knowledge and underwriting whilst simultaneously delivering to their customers a digital experience that surpasses the experience offered by today’s online incumbents.

Lovys

Pre Seed Round in 2017
Lovys is a digital insurance provider based in France. The company was founded in 2017. Lovys is the first 100% digital, all-in-one and flexible insurance in France. They are rethinking the entire user experience so that insurance becomes finally simple, transparent and personal. One interface, one monthly subscription for all insurance needs. Choose another insurance experience! Register on www.Lovys.fr to access the Beta version available soon.

Upsie

Seed Round in 2017
Upsie Technology Inc. specializes in providing a mobile application that simplifies the process of purchasing extended warranties for consumer electronics and appliances. Founded in 2015 and based in Minneapolis, Minnesota, the app allows users to buy warranties for a wide range of products, including TVs, laptops, headphones, home appliances, and cameras. Upsie offers competitive pricing without the high markups typically associated with warranty sales, presenting all coverage options transparently within the app. Users can easily manage their warranties, initiate claims, and even scan barcodes while shopping to view available options for specific items. The app also features a function for photographing and storing receipts, enhancing the user experience by keeping all warranty information organized and accessible.

Joany

Series A in 2017
Joany Inc., also known as Joany Health Insurance Services, is an online insurance brokerage based in Los Angeles, California, founded in 2016. The company specializes in simplifying the process of buying and managing health insurance through its digital platform, which leverages machine learning and predictive modeling to tailor insurance options to individual consumer needs. In addition to insurance brokerage services, Joany provides healthcare concierge services, including doctor matching, billing assistance, and other support to help clients navigate the complexities of healthcare. The company aims to enhance the overall experience of using health insurance, making it more accessible and efficient for consumers.

ROBIN

Pre Seed Round in 2017
An Israeli award-winning Fintech startup that developed a financial marketplace and Robo-Advisor that revolutionizes the outdated retirement, insurance, and loans distribution channels by providing a custom user experience in order to democratize the way people manage their long-term financing. A marketplace & financial Robo-Advisor based on an advanced data-driven platform which uses a unique combination of sharp algorithm, data analytics, and machine learning to provide objective & personal financial services in a secured & transparent way. Robin Hood Pro created Robin. Robin is a mobile app that makes long-term financial planning and management easy. We offer services in the form of a Robo-advisor or human advisors according to the needs of each individual user, for insurance, loans, and retirement. We automatically aggregate all your information into one place and use our algorithms to find the best plan for you. After you’ve selected your plan, Robin helps you to stay on track each step of the way.

Cuvva

Seed Round in 2017
Cuvva Limited provides motor and travel insurances products through its mobile app. The company offers temporary car, pay monthly car, single trip travel, and learner driver insurance products. Cuvva Limited was incorporated in 2014 and is based in London, United Kingdom.

Jamii Africa

Seed Round in 2016
Jamii Africa is mobile micro-health insurance for the informal sector. They built a mobile policy management platform that performs 99% of insurance administration activities and formed strategic partnerships with an Insurer/ Jubilee Insurance and a Telecom/ Vodacom Tanzania to enable a cashless facility and utilise the mobile money platforms for premium collection and benefit payouts. Their platform manages the benefit ledger and is integrated to mobile money and insurer systems. Enabling us to cut down administration costs by 99% which results to cheaper premiums affordable to their target market.

Galaxy.AI

Seed Round in 2016
Galaxy.AI specializes in automating property and casualty insurance claims processing through its proprietary deep learning technology. The company employs machine vision and deep learning algorithms to analyze images of damaged vehicles, enabling it to provide accurate claims cost estimates via a mobile application and for claims adjusters. By streamlining the claims process, Galaxy.AI aims to disrupt the substantial $50 billion annual market. The company has gained recognition for its innovative approach, being highlighted in Inc. magazine as one of the top artificial intelligence companies to watch in 2017, and it collaborates with leading global insurance firms.

Jamii Africa

Seed Round in 2016
Jamii Africa is mobile micro-health insurance for the informal sector. They built a mobile policy management platform that performs 99% of insurance administration activities and formed strategic partnerships with an Insurer/ Jubilee Insurance and a Telecom/ Vodacom Tanzania to enable a cashless facility and utilise the mobile money platforms for premium collection and benefit payouts. Their platform manages the benefit ledger and is integrated to mobile money and insurer systems. Enabling us to cut down administration costs by 99% which results to cheaper premiums affordable to their target market.

Cuvva

Pre Seed Round in 2016
Cuvva Limited provides motor and travel insurances products through its mobile app. The company offers temporary car, pay monthly car, single trip travel, and learner driver insurance products. Cuvva Limited was incorporated in 2014 and is based in London, United Kingdom.

Joany

Pre Seed Round in 2015
Joany Inc., also known as Joany Health Insurance Services, is an online insurance brokerage based in Los Angeles, California, founded in 2016. The company specializes in simplifying the process of buying and managing health insurance through its digital platform, which leverages machine learning and predictive modeling to tailor insurance options to individual consumer needs. In addition to insurance brokerage services, Joany provides healthcare concierge services, including doctor matching, billing assistance, and other support to help clients navigate the complexities of healthcare. The company aims to enhance the overall experience of using health insurance, making it more accessible and efficient for consumers.

DriveShare

Seed Round in 2015
DriveShare brings the “sharing economy” into the car enthusiast’s garage. Classic and exotic car enthusiasts can now offset their car ownership costs by renting their cars to pre-screened, highly qualified renters. Every rental includes up to $1 million in insurance protection and access to the most comprehensive full-service roadside program designed specifically for classic and exotic cars. Whether a person is looking for a 1956 Chevrolet BelAir for a night out on the town or a 1979 Ferrari 308 for a drive down the coast, Classics&Exotics is looking to connect owners with renters and is free to join with no costly membership fees. The mission of Classics&Exotics is “To make these amazing vehicles available to the masses"