Investing in businesses at the core of financial services innovation
We invest in growth-oriented financial services and technology businesses with $1 million or more of annual recurring revenue
We take minority positions, and look to invest $3 to $30 million of equity, either funded at once or over time. We are comfortable contributing the first institutional capital and leading financing rounds or participating in later rounds as a lead or co-lead investor
Typical Investment Profile
$1m+ annually
$3m - $30m
Minority
Venture portfolio
Ara is the leading in-car commerce provider and merchant network to the rideshare economy, and the exclusive global provider of in-car commerce to Uber. Ara’s platform enables riders to instantly order and obtain products while in-transit.
BitPay is a leading provider of cryptocurrency payment solutions helping consumers, businesses and other financial institutions seamlessly accept and transfer Bitcoin for goods and services in the real world.
Provides instant property intelligence using AI and geospatial imagery to enable insurers and real estate investors to accurately assess a property’s risk and value.
Carpe Data provides next generation predictive scoring and data products to property and casualty and life insurance companies. Leveraging the social web, online content, email intelligence, connected devices, and other forms of advanced and alternative data, Carpe Data’s products enable insurers to more accurately predict risk and innovate with new products to meet changing customer habits.
Circit provides a workflow tool to auditors to automate audit confirmations and to verify transactions at source leveraging Open Banking.
Cloverly provides enterprises with access to high-quality voluntary carbon credits that fit their unique emission offset needs.
Corvus is a digital insuretech MGA focused on cyber protection. The platform seeks to offer a superior experience to brokers during the underwriting process through a better quote & bind experience as well as through the policy life with its risk management insights.
Fairmatic is a digital commercial auto MGA targeting the light business auto “LBA” segment. The company has a unique data asset of >50 billion miles and dynamically prices fleets based on driver performance.
Based in California, FinDox provides software and data analytics to CLO managers in the leveraged loan market.
Five Sigma offers a modern claims-management system improving efficiency across the claims cycle.
Flueid is a technology company focused on improving upon the inefficient and expensive title-related processes inherent throughout real estate and mortgage lending transactions.
Freo (formerly known as MoneyTap) is an AI-driven credit product for middle-income consumers. Partnering with leading lending institutions, it provides a unique application-based credit line and allows consumers to borrow anywhere from $50 to $7,000 for 2-month to 3-year periods on card, wallet or cash.
FRISS provides fraud, risk and compliance solutions for P&C insurers. Leveraging the FRISS Score, insurers are able to make better decisions across claims, underwriting, compliance and special investigations. The company is based in Utrecht, Netherlands, with US headquarters in Chicago, Illinois.
GAN Integrity provides cloud-based compliance management software focused on anti-corruption. The platform manages policies, training, third party due diligence, communications and investigations for employees and suppliers.
HealthSherpa is a distribution infrastructure, enabling individuals to choose and enroll in healthcare plans via the Affordable Care Act ("ACA").
Helcim provides integrated software and payment processing for SMEs in North America, operating as a payments facilitator.
Hippo is a digital first homeowners insurance provider. Based in Silicon Valley, the company is innovating around distribution, product and underwriting to provide a superior customer experience.
Ideon connects insurance carriers and technology platforms through a suite of APIs that transform the speed, reliability, and efficiency of delivering health insurance and employee benefits to consumers everywhere, at scale, and at every stage of their member journey.
InsurePay is a workers' compensation administration and insurance premium billing platform for insurance providers.
Kryon Systems delivers innovative, intelligent Robotic Process Automation (RPA) solutions enabling digital transformation for enterprises. Using patented visual and deep learning technologies, Kryon's platform, Leo, allows companies to automate business processes quickly and easily, for immediate productivity gains, near zero error rates, reduced costs and significant ROI results.
Landytech provides data consolidation, automated investment reporting, portfolio analytics & risk management solutions to family offices.
LegalMation offers a Generative AI solution offering inbound litigation support and process automation to the personal liability claims market.
Marosa is a leading provider of fully integrated VAT compliance and e-invoicing technology solutions, serving enterprise and eCommerce clients across Europe. Marosa's flagship software, VATify, centralizes e-invoicing, VAT registration, and reporting, and automates communication with tax authorities, helping businesses stay ahead of regulatory changes and streamline their VAT compliance processes.
Mirador, LLC offers tech-enabled middle office solutions for high net-worth individuals, family offices and wealth managers.
Oka, The Carbon Insurance Company™, is a leading provider of insurance solutions for companies and organizations engaging in the carbon credit market.
Paladin Cyber offers comprehensive cyber security protection to small and medium size businesses, encompassing prevention, insurance and breach response.
Pledg is a Buy Now - Pay Later platform for online merchants in France, allowing end-customers to pay in installments or to defer payment.
Super offers a subscription for home care and repair services. The company’s technology improves the home warranty experience for customers, agents and service providers.
Tivly helps small business owners and operators find quotes for commercial insurance from preferred insurance companies.
With offices in Walldorf, Germany and Cambridge, Massachusetts, TIS offers a SaaS platform that helps corporations manage payments and cash flows. Finance and treasury teams use this platform to improve cash visibility, compliance and bank connectivity.
Unqork is the pioneer no-code enterprise application platform that helps large companies build, deploy, and manage complex applications without writing a single line of code. Companies use Unqork's drag-and-drop interface to build enterprise applications faster, with higher quality and lower costs than conventional approaches.
Utilant provides loss control inspection and survey management software for P&C insurers. Its platform is designed to make the insurance risk management process more efficient and accurate, helping underwriters make better policy decisions.
Valera Health is a mental health company providing comprehensive longitudinal service using a team-based care model of coaches, therapists and medication prescribers augmented by proprietary digital technology and analytics.
WorkFusion is an AI-enabled robotic process automation platform targeting large enterprises to combine core capabilities needed to digitize complex business processes: business process management (BPM), robotic process automation (RPA), workforce orchestration and machine learning-powered cognitive automation.
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