Led · Debt Financing · Oct 2023

Founded in 2015 and headquartered in Boston, Massachusetts, Lendbuzz leverages artificial intelligence and machine learning to evaluate non-traditional data and extend vehicle loans to borrowers who are often overlooked by conventional credit models. Its platform processes large data sets to more accurately predict a consumer’s credit profile, benefiting both consumers—through expanded credit access—and auto dealerships via increased sales. Since launching its asset-backed securitization (ABS) program in late 2021, the company has completed more than $2.4 billion of publicly syndicated ABS transactions across eleven deals, providing diversified funding for continued loan origination. Lendbuzz structures these securitizations around pools of loans secured by new and used cars, light trucks, and vans. The firm’s growing investor interest underscores market confidence in its underwriting technology and loan performance. By expanding its capital base through repeated ABS issuance, Lendbuzz aims to scale its mission of fair credit access for millions of potential car buyers.

Participated · Debt Financing · Oct 2022

Kin Insurance offers direct-to-consumer home insurance with a focus on areas vulnerable to hurricanes, wildfires and other severe weather events. The company leverages capital-market solutions such as catastrophe bonds alongside traditional reinsurance to strengthen financial resilience and protect policyholders. The May 2026 transaction (Series 2026-1) was its fourth catastrophe bond placement and its largest to date, reflecting its national expansion beyond Florida. Kin reported the deal achieved its most favourable pricing yet and drew its largest pool of institutional investors, which the company says signals confidence in its underwriting and risk-selection strategy. Kin also highlighted customer satisfaction metrics as of 6 May 2026, including a 4.7/5 Google score from over 8,591 reviews, an A+ and 4.8/5 on the Better Business Bureau from 1,458 reviews, and a 4.9/5 "Excellent" rating on Trustpilot from 7,386 reviews. The company continues to rely on reinsurance and capital-market instruments to support policyholder protection and its longer-term growth plans.

Participated · Series A · May 2022

Sensible Weather combines weather, financial, and risk-management technologies to deliver embedded climate finance products for travel, events, and outdoor experiences. Its first product, the Weather Guarantee (launched in 2021), proactively reimburses consumers when pre-set forecast thresholds for disruptive weather are met. The Weather Guarantee is sold through thousands of partner websites to Americans and Europeans traveling globally and allows consumers to still take part in planned activities while receiving reimbursement. Sensible reports over 50,000 Weather Guarantees sold and attach rates up to 5x higher than traditional travel insurance offerings. The product is intended to help businesses mitigate weather-related cancellations and lost revenue while increasing customer satisfaction and incremental revenue. The company says the new investment will help it better deliver seamless products and services to mitigate the impacts of disruptive weather. Sensible Weather builds Weather Guarantee products that quantify and manage weather risk for consumers and outdoor-experience partners, reimbursing tee times and travel costs for rain, extreme temperatures, or other undesirable weather. Its Weather Guarantee is built on satellite imagery and climate analytics developed from over a decade of research. The company says the service streamlines operations for partners, increases customer satisfaction, reduces cancellations and rain checks, and generates incremental revenue for facilities. Sensible Weather plans to expand its Weather Guarantee protection to golf and other outdoor-sports booking channels. The additional capital will support continued development of its proprietary climate data and risk analytics platform. Sensible Weather was founded in 2019 and is backed by a National Science Foundation grant and $22M in total financing to date. Sensible Weather operates a climate data and risk analytics platform powering its Weather Guarantee product, which automatically reimburses consumers when forecasted weather negatively impacts a booked experience. Since launching earlier in the year, the company has sold thousands of Weather Guarantees via hospitality and outdoor recreation partners. The Weather Guarantee processes payments immediately and prorates reimbursements based on the number of hours an experience is impacted by weather. Sensible is building a high-performance climate engine with data, analytics and risk-assessment components designed to SaaS standards and to be use-case agnostic. The company plans to use new funding to grow its engineering and scientific talent, accelerate development of its proprietary platform, and expand the Weather Guarantee offering into international markets. Nick Cavanaugh leads the company as CEO. Sensible Weather’s core product is a partner-branded Weather Guarantee built on its proprietary Climate Risk Platform, a high-performance data, analytics, and risk-assessment engine. The service calculates pricing in real time, identifies covered events programmatically on an hourly basis, and fulfills same-day reimbursements for weather impacts such as rain. Payouts are processed immediately and are based on the number of hours an experience is negatively impacted (for example, three hours of rain on a covered hotel stay triggers a 100% payout of the average daily rate). The platform will soon support additional weather events including snow, wind, and air quality, and Sensible plans to roll out consumer-focused climate finance products into other industries. Sensible is live with travel-oriented Weather Guarantees and sells protection through experiential brand partners, who benefit from new revenue and improved conversion and guest experience. The company was launched in 2019 by Nick Cavanaugh, Ph.D., and is expanding its engineering and science team while investing further in its climate data and risk analytics capabilities.

Participated · Series B · Oct 2021

Coterie is a Cincinnati-based insurtech MGA that enables independent agents and brokers to write instant small-business insurance across all 50 states and D.C. The company uses data-backed underwriting to deliver accurate pricing and a fast submission-to-bind experience. Led by CEO David McFarland, Coterie plans to use the $27M growth funding to expand its business reach. The round was led by Hiscox alongside existing investors Intact Ventures, Weatherford Capital and RPM Ventures, among others. Coterie has now raised over $102M in total funding and reported revenue growth of over 200% in 2023. In 2023 the company also expanded its reinsurance panel, adding two leading reinsurance markets rated A or better by S&P Global. Coterie Insurance is an insurtech company that enables quoting and binding of small-business insurance policies online. Led by Co-Founder and CEO David McFarland, the company offers APIs that let digital insurance platforms, agents and brokers streamline and digitize quoting and binding. Coterie combines insurance expertise with data analytics to simplify small-business coverage and the purchasing experience. The company intends to use new funds to expand operations and broaden its business reach. Financially, Coterie has raised a total of $75M to date since its 2018 founding, including the recent Series B. Coterie builds data-driven technology to simplify buying small-business insurance by integrating coverage into platforms and processes businesses already use. Its approach automates quoting, underwriting, and binding to deliver fast, accurate, and affordable coverage either embedded in partner platforms or via agents. Coterie has partnered with platforms such as Intuit QuickBooks and Thryv to enable embedded insurance purchases. The company has also launched solutions for independent agents and brokers and announced partnerships with Independent Market Solutions and First Connect to extend capabilities to thousands of agencies. Coterie reported strong company growth and recently closed an oversubscribed Series A-1 financing, bringing total funds raised to $25M. CEO and co-founder David McFarland emphasized the company’s goal of making business insurance simple and available where small businesses already operate. Coterie is a commercial insurance API provider that distributes general liability, professional liability, and business insurance via a B2B2C model, partnering with third-party sites. Established in 2018 and based in Cincinnati, the company operates with a team of 18 and also allows business shoppers to get quotes online. It competes in the same space as AP Intego and Thimble and has partnerships that include Homee. According to SimilarWeb and SEMRush the site does not enjoy substantial direct traffic, and the company emphasizes platform partnerships to acquire customers more cheaply than relying on paid search. The usefulness of Coterie’s API is tied to the carriers and products it links to. Financially, Coterie has raised a total of $11.65 million in venture funding to date after the latest $8.5 million Series A.