Participated · Seed · Jan 2025

Qumis develops a Chicago-based software platform that blends proprietary document processing with multi-stage legal reasoning, producing source-linked citations, reasoning chains, and confidence signals for every answer. Insurance professionals use the system to analyze complex policy towers, spot coverage gaps, compare quotes and endorsements side-by-side, support claims positions, and surface market trends across their books of business. The product also lets firms centralize institutional knowledge within a secure document vault. CEO Dan Schuleman is expanding the company’s go-to-market organization and enhancing product capabilities to meet growing demand from large brokers, carriers, and coverage-focused law firms. The business has attracted customers by promising trustworthy, verifiable outputs that reduce manual legal review. Following its latest financing, Qumis has raised a total of $6.75 million to date, providing capital to scale sales efforts and deepen its AI functionality.

Participated · Seed · Mar 2024

Sertis offers a Risk Management Platform and risk assessment technology designed to lower insurance premiums and the total cost of risk for proactive owner/operators managing properties. Its platform is positioned to reward commercial property owners for technology deployment through greater risk protection and lower premiums. The company has rapidly expanded its multifamily insurance operations into 34 U.S. states. Sertis’ solutions are framed as innovative software products that underpin its strategic business model and relationships with brokers and independent agencies. Management says the business model and platform have driven investor confidence and industry recognition. The company recently completed an oversubscribed seed funding round, which it says positions it for further growth in the multifamily insurance sector.

Participated · Seed · Aug 2023

Irys Insurtech provides a core insurance operating platform that unifies financials, operations, sales, and client data in real time while communicating across third-party tools and between AIs. The system enables automation that can significantly expand a service representative’s book of business, aiming to scale capacity and profitability without adding headcount. Today, the company supports several top brokerages and MGAs that together manage nearly $1 billion in active written premium. Headquartered in Tampa, Florida, Irys plans to use new capital to grow its engineering and customer-success teams and to deepen distribution partnerships across the U.S. and Canada. The roadmap includes rolling out AI-driven modules for accounting, analytics, and submission management in early 2026. By offering a decentralized backend, open APIs, and agentic-AI facilitation, Irys positions itself as the operational hub for modern insurance enterprises.

Participated · Seed · Jun 2023

1Fort builds an AI platform that automates broker workflows for business insurance, including autofilling applications, retrieving carrier quotes, comparing coverages, and integrating payment and financing options. Brokers using 1Fort reportedly save up to two hours per submission and increase bind rates by up to 20 percent. The company also offers complementary risk-management software to help businesses manage policies and proactively prevent claims. 1Fort has partnered with over a dozen leading brokerages and A‑rated carriers, including Arch, Tokio Marine HCC and Markel, and is licensed in all 50 states. Revenue grew nearly 200% month-over-month in 2024 and hundreds of independent brokers use the platform. The company plans to use the new funding to double down on AI features, hire talent, and expand broker and carrier partnerships. 1Fort provides a cyber insurance automation platform that integrates via API with businesses' existing tools to detect and remediate security issues and deliver real-time visibility into inside-out security posture. The platform helps teams close security gaps so customers become insurable and can secure favorable coverage terms and pricing. 1Fort distributes its service through partnerships with retail brokers, enabling brokers to support clients through security-control requirements and place cyber deals more efficiently. The company closed a $2M pre-seed financing and intends to use the funds to accelerate product development, make key hires, and strengthen broker relationships. 1Fort is led by co-founder and CEO Anthony Marshi and is based in New York City.

Participated · Seed · Apr 2021

Wunderite offers an annual subscription platform that captures and centralizes customer data to streamline the sales, application and underwriting process for independent Property & Casualty insurance agents. The mobile-enabled product delivers an intuitive agent and customer workflow to shorten application and approval cycles and improve the customer experience. The company integrates with industry software such as Verafore and Applied and partners with broker trade groups including InCite Performance Group and Beyond Insurance. Wunderite was founded by insurance industry veterans Peter MacDonald and Joe Schnare and was developed to address antiquated processes and data security concerns. Headquartered in Boston, MA, the company is part of several innovation groups and accelerators and has been featured in industry publications. With the new capital the company plans to accelerate product development, expand distribution to agencies nationwide, and double its team in the next 12 months.