Verstra Ventures

Pinpoint Predictive is a technology company that provides property and casualty insurers with loss predictions and risk scores based solely on a customer's name and address. Its platform offers actuarial predictions related to claims frequency, severity, and loss costs, allowing insurers to enhance risk selection early in the customer journey. Additionally, the platform supplies risk scores for various purposes, including special investigation unit referrals, litigation, early cancellation, and premium leakage. By facilitating better tracking of consumers, Pinpoint Predictive enables insurance companies to tailor their product offerings more effectively.

Stratly is a fundraising software company that offers a comprehensive platform designed to assist nonprofits in enhancing their operations and growing their donor base. Founded in 2016 and based in Toronto, Canada, with an office in Santa Monica, California, Stratly's user-friendly solution integrates various functionalities, including donation processing, donor engagement, event management, and membership management. By providing tools for email marketing, data visualization, and workflow automation, Stratly empowers small and mid-sized nonprofits to streamline their fundraising efforts and operate more efficiently. The platform serves a diverse range of sectors, including education, health services, arts and culture, and animal welfare, enabling organizations to optimize their fundraising strategies and improve donor interactions from a single unified system.

Sprout.ai specializes in developing advanced claims automation software that integrates blockchain and artificial intelligence to enhance claims and fraud management for personal and commercial insurance lines. Founded in 2018 and based in London, the company offers a solution known as Contextual AI, which streamlines claims processes for health insurers by improving fraud detection and minimizing leakage. Utilizing proprietary technologies such as Optical Character Recognition (OCR) and Natural Language Processing (NLP), Sprout.ai significantly reduces claim settlement times while ensuring high levels of security. Its platform is already in use across three continents, serving the property, motor, and health insurance sectors, enabling insurers to lower operating costs and improve processing efficiency.

Stratly is a fundraising software company that offers a comprehensive platform designed to assist nonprofits in enhancing their operations and growing their donor base. Founded in 2016 and based in Toronto, Canada, with an office in Santa Monica, California, Stratly's user-friendly solution integrates various functionalities, including donation processing, donor engagement, event management, and membership management. By providing tools for email marketing, data visualization, and workflow automation, Stratly empowers small and mid-sized nonprofits to streamline their fundraising efforts and operate more efficiently. The platform serves a diverse range of sectors, including education, health services, arts and culture, and animal welfare, enabling organizations to optimize their fundraising strategies and improve donor interactions from a single unified system.

Mariner is a company that specializes in industrial Internet of Things (IIoT) and analytics solutions aimed at enhancing decision-making for discrete and process manufacturers globally. Established in 1998, Mariner offers a comprehensive IoT platform known as Spyglass, which operates on Microsoft Azure and helps clients optimize their operations. The company focuses on developing innovative technologies that incorporate artificial intelligence and deep learning, particularly for improving defect detection and quality control in manufacturing processes. By understanding the unique goals and culture of each organization, Mariner aims to provide holistic business solutions that not only address immediate challenges but also facilitate long-term growth and evolution in the manufacturing sector.

Verto Health offers a digital health platform that utilizes digital twin technology to enhance healthcare delivery. By integrating various health information systems, including hospital information systems, electronic medical records, and laboratory information systems, the platform facilitates seamless access to relevant patient information tailored to their specific stage of care. This interoperability allows clinicians to automate processes and personalize patient interactions, ultimately helping to streamline clinical workloads and improve the quality of care through real-time insights. Verto Health's approach aims to empower healthcare providers to deliver more effective and impactful care.

Renovai, Inc. is an online platform based in the USA that specializes in custom interior design services using artificial intelligence. The company offers an innovative shopping experience for furniture e-commerce retailers by allowing customers to complete a brief questionnaire about their preferences and requirements. This information is then processed by Renovai's system to design and visualize spaces in detailed three-dimensional models. By transforming product categories and pages into tailored catalogs, Renovai enables businesses to deliver a personalized and unique shopping experience that aligns with individual tastes and needs.

Hyre Inc. operates an online marketplace that connects event staff, such as bartenders and servers, with event organizers, including venues, caterers, and planners. Founded in 2015 and based in Toronto, Canada, with an additional office in Ottawa, the company streamlines the hiring process by eliminating the need for traditional staffing agencies. This direct connection allows event organizers to secure staff at reduced costs while ensuring higher quality service through a performance rating system. Event staff benefit as well, often earning higher hourly wages for their work. The platform fosters a more efficient and cost-effective hiring experience for both parties involved in event planning.

VXG Inc. is a Toronto-based company that specializes in developing a video management software (VMS) platform tailored for artificial intelligence applications. Founded in 2016, VXG offers solutions for streaming, processing, and recording live video, connecting cameras from various locations to multiple AI engines. The platform supports video surveillance as a service, enabling seamless integration with different AI services. VXG's offerings include both cloud and on-premise components, allowing smart surveillance and analytics providers to achieve unlimited scalability, significant cost reductions, and enhanced bandwidth efficiency. Additionally, the company provides its services through a mobile application, facilitating easy access and management of video data.

SimpliConnect Inc., operating as Tecmark, LLC, is a software as a service (SaaS) company based in Minneapolis, Minnesota, founded in 2019. The company specializes in providing a loyalty platform that enables businesses to implement rewards programs tailored to their specific needs. SimpliConnect offers a range of services, including a mobile application for marketing and communication, loyalty reporting, digital enrollment, and integration with point of sale systems. The platform fosters customer engagement by creating emotional connections between brands and their consumers through customizable communication options such as text and email. Additionally, SimpliConnect supports small to mid-sized convenience store chains by utilizing customer scan data to share timely information about store updates, offers, and local events, thereby enhancing customer retention and loyalty.

Wisely is a computer software company focused on enhancing fundraising efforts for nonprofits and charities. The company offers an AI and machine learning-based platform that helps fundraisers optimize their donor engagement by predicting donor behavior, such as when they are likely to give and the appropriate amount to solicit. By integrating seamlessly with existing customer relationship management systems, Wisely utilizes client data to power its algorithms, delivering real-time insights that empower fundraisers to manage their pipelines effectively. This innovative approach enables nonprofits to enhance their fundraising strategies and better connect with their donor base.

EnergyX Solutions Inc. is a technology company based in Toronto, Canada, specializing in energy management and conservation. Established in 2016, the company has developed a cloud-based energy management software platform that facilitates energy efficiency programs for utilities and energy retailers. Their online platform, "MyEnergyXpert," automates the energy audit process and engages customers by providing personalized recommendations through artificial intelligence. The platform helps identify potential energy savings, enroll customers, and track their progress in real-time, allowing program managers to monitor customer journeys and receive insights for future program design. By implementing its digitized energy efficiency solutions, EnergyX aims to significantly reduce global greenhouse gas emissions, promoting customized energy savings for homes and businesses.

Savormetrics specializes in the development of smart sensor-driven technologies aimed at extending the shelf life of food by optimizing storage environments. Utilizing non-chemical methods, the company employs artificial intelligence-based sensors to monitor air quality and remove harmful contaminants. Their advanced food-safe analyzers provide real-time metrics on food and water safety and quality, detecting pathogens, contaminants, and biomarkers. This technology also predicts decay curves, allowing businesses to accurately estimate the remaining shelf life of food products. Through these innovations, Savormetrics enhances food safety and quality for various industries.