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 Property 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.

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.

RentCheck

Seed Round in 2021
RentCheck Holdings, Inc. is a New Orleans-based company that offers a mobile application designed to standardize the move-in and move-out inspection process for landlords and tenants. Founded in 2018, RentCheck provides property management solutions that facilitate various types of inspections, including move-in, move-out, annual, and periodic assessments. The application aims to enhance transparency and security in the rental process, allowing both landlords and residents to save time and money while simplifying the security deposit deduction process. By empowering tenants to take an active role in managing their security deposits, RentCheck fosters a more equitable and efficient rental experience.

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.

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.

RentCheck

Pre Seed Round in 2019
RentCheck Holdings, Inc. is a New Orleans-based company that offers a mobile application designed to standardize the move-in and move-out inspection process for landlords and tenants. Founded in 2018, RentCheck provides property management solutions that facilitate various types of inspections, including move-in, move-out, annual, and periodic assessments. The application aims to enhance transparency and security in the rental process, allowing both landlords and residents to save time and money while simplifying the security deposit deduction process. By empowering tenants to take an active role in managing their security deposits, RentCheck fosters a more equitable and efficient rental experience.

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.

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.

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.

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.

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.

Prefix

Convertible Note in 2017
PreFix Inc. is a preventive maintenance service provider based in Austin, Texas, focusing on a range of household systems including appliances, HVAC, plumbing, and electrical systems. Established in 2013, the company offers various services such as flushing sediment from water heaters, cleaning dryer vents, inspecting toilets for leaks, maintaining ovens, and ensuring the cleanliness of AC drain lines. Additionally, PreFix addresses issues like unclogging drains, sanitizing dishwashers, and checking smoke and carbon monoxide detectors. By servicing both homeowners and landlords, PreFix aims to alleviate maintenance worries and help clients save 30-50% on annual maintenance costs.