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
https://crunchbase.com/organization/techstars
https://facebook.com/techstars
https://linkedin.com/company/techstars
https://twitter.com/techstars
https://www.capitaliq.com/CIQDotNet/company.aspx?companyId=431767203
https://www.privateequityinternational.com/database/#/profile?id=14977

Ethan Austin

MD of the Techstars Western Union Accelerator

Mark Tortorella

Advisor

Nathanial Zola

MD

Past deals in Motor Insurance

Three Wheels United

Series A in 2022
Three Wheels United India Services Private Limited provides financing for electric light vehicles. It provides financing solutions with loan and asset management technology. The company was incorporated in 2010 and is based in Bengaluru, India.

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.

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.

InstaCar

Seed Round in 2019
InstaCar Technologies Pvt. Ltd. specializes in outstation car rental services, offering a diverse fleet that includes sedans, SUVs, tempo travelers, and luxury vehicles. The company caters to various travel needs such as multi-city returns, one-way drops, airport pickups, and local travel. Operating through its online booking portal, InstaCar.in, the company provides services across multiple cities in India, including Mumbai, Pune, Nagpur, Indore, Bhopal, and Ujjain. Founded in 2016 and headquartered in Indore, InstaCar aims to simplify the car rental process for outstation journeys, making road travel safer and more convenient for its users.

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.

InstaCar

Pre Seed Round in 2019
InstaCar Technologies Pvt. Ltd. specializes in outstation car rental services, offering a diverse fleet that includes sedans, SUVs, tempo travelers, and luxury vehicles. The company caters to various travel needs such as multi-city returns, one-way drops, airport pickups, and local travel. Operating through its online booking portal, InstaCar.in, the company provides services across multiple cities in India, including Mumbai, Pune, Nagpur, Indore, Bhopal, and Ujjain. Founded in 2016 and headquartered in Indore, InstaCar aims to simplify the car rental process for outstation journeys, making road travel safer and more convenient for its users.

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.

Three Wheels United

Seed Round in 2019
Three Wheels United India Services Private Limited provides financing for electric light vehicles. It provides financing solutions with loan and asset management technology. The company was incorporated in 2010 and is based in Bengaluru, India.

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.

Mobius Motors

Series A in 2018
Mobius Motors Ltd. is a Kenyan company established in 2011, focused on designing, manufacturing, and selling vehicles tailored for the African mass market. The company specializes in producing affordable vehicles that cater to the unique needs of developing world consumers, particularly for transporting heavy cargo and facilitating public transport across rough and degraded terrains. By providing practical transportation solutions, Mobius Motors aims to enhance mobility in rural Africa, contributing to improved connectivity and prosperity in the region. The company is headquartered in Nairobi, Kenya.

NRJ

Pre Seed Round in 2017
NRJ specializes in providing its clients with auto repair services.

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.

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.

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"

Motoroso

Seed Round in 2015
Motoroso Inc. operates an online platform designed for automotive and power sports enthusiasts, facilitating connections to content, community, and products. The platform allows users to discover and browse a variety of multimedia, including images, videos, articles, and how-tos. Users can showcase their own projects, highlight related content with interactive markers, follow their favorite brands and profiles, and engage with the community through questions and answers. Founded in 2013 and based in Palo Alto, California, Motoroso aims to enhance the enthusiast lifestyle by providing a comprehensive experience that spans from inspiration to purchasing products.

Mobius Motors

Pre Seed Round in 2013
Mobius Motors Ltd. is a Kenyan company established in 2011, focused on designing, manufacturing, and selling vehicles tailored for the African mass market. The company specializes in producing affordable vehicles that cater to the unique needs of developing world consumers, particularly for transporting heavy cargo and facilitating public transport across rough and degraded terrains. By providing practical transportation solutions, Mobius Motors aims to enhance mobility in rural Africa, contributing to improved connectivity and prosperity in the region. The company is headquartered in Nairobi, Kenya.