Participated · Series B · Jan 2026

Sixfold AI offers an "AI Underwriter," a suite of autonomous agents that handle end-to-end underwriting tasks for global P&C insurance carriers. The platform plugs directly into existing workbenches and policy administration systems, allowing fast deployment without disrupting underwriters’ workflows. To date, Sixfold has processed more than one million submissions across over 40 lines of business for insurers that collectively write $265 billion in gross written premium. Customers such as Zurich North America, Guardian, Generali GC&C, and Skyward Specialty report tangible gains, including a 35% reduction in quote response time and up to two hours saved per submission. With new funding, the company plans to deepen its research and engineering resources, integrate broader data sources, and expand commercial operations in North America, Europe, Latin America, and Australia. Ultimately, Sixfold envisions underwriting operations running entirely on its AI while human underwriters focus on strategic portfolio management.

Participated · Series C · Sep 2024

Akur8 is a Paris-based provider of a machine learning-powered insurance pricing and reserving platform for the non-life insurance industry. Its platform combines technology with actuarial expertise to deliver speed, performance, transparency, and reliability for pricing teams. Led by CEO Samuel Falmagne and CCO Brune de Linares, the company serves 250+ customers across 40+ countries, including AXA, Generali, Munich Re, MAPFRE, HDI, Tokio Marine, and MS&AD. Over 3,000 actuaries use Akur8 daily to build pricing models and reserving projections across all lines of business. The company plans to use its new funding to accelerate product innovation with two modules—Optim (pricing optimization) and Deploy (a rating engine to bring rates into production). It also intends to drive growth by leveraging its acquisition of Arius to enter the insurance reserving sector and to accelerate global expansion. Akur8 raised $120M in a Series C, bringing total investment to date to $180M. Akur8 offers a ‘‘Transparent AI’’ pricing platform used by actuaries and pricing teams to accelerate insurance pricing decisions. The product targets large incumbent pricing businesses (Willis Towers Watson is named as an incumbent) and aims to provide an integrated, state-of-the-art solution for P&C and health carriers. Customers named in the article include AXA, Generali, Munich Re, Canopius, Tokio Marine Kiln, Wakam, wefox and Matmut. The company says the new funding will support international expansion, specifically in the U.S. and APAC. Financially, Akur8 has now raised $42 million in total capital following the latest round. Management frames the product as enabling faster, more transparent pricing decisions for insurers and pricing teams. Akur8 is a Paris-based SaaS insurtech startup that automates insurance pricing and risk modeling with an AI algorithm designed to be explainable. Its platform can build risk models more than ten times faster than traditional manual processes, reducing pricing time to market from weeks to hours. Akur8 emphasizes transparency so its models can be reverse-engineered and meet regulatory requirements. The product is deployed by multiple insurance companies across Europe and the Americas. Akur8 positions itself to give carriers real-time pricing capability and improved risk assessment intended to reduce loss ratios. The company is led by founder and CEO Samuel Falmagne and has raised external funding to support growth.

Participated · Equity · Jun 2024

Indico Data develops the Agentic AI platform, a solution that ingests and structures unstructured documents so insurers can automate core workflows such as underwriting, claims intake, and policy operations. Its technology helps carriers improve accuracy, speed, and compliance while lowering manual processing costs. The company has built a strong presence among North American property-and-casualty carriers and within the London Market, where it is viewed as a leader in insurance automation. Recent traction includes adoption by several top global insurers who deploy the platform to streamline the 'front door' of their operations. Indico positions itself as enabling the “agentic insurance enterprise,” allowing carriers to turn unstructured data into competitive advantage. Earlier in 2025, Guidewire made a strategic investment that further validated the company’s approach. Indico continues to deepen partnerships with major industry players to accelerate product development and market expansion.

Participated · Series C · Mar 2024

CHAMP Titles builds and operates CHAMPgov, a cloud-based system of record that lets state motor vehicle agencies digitize titles, registrations, liens, driver’s licenses, and related workflows. The company’s patented technology replaces paper-heavy legacy DMV infrastructure with an end-to-end electronic platform used by dealers, insurers, lenders, fleets, and consumers. More than 35 million Americans can now access CHAMP’s services through state contracts, and tens of millions of transactions have already run on the system. States adopting the platform reportedly cut processing times from 40-60 days to mere hours while eliminating millions of paper documents. In 2024 the firm expanded into Louisiana for both Vehicle and Driver Services, and it is commercializing the National Digital Titling Clearinghouse for interstate transactions. CHAMP operates on a pay-as-you-transact SaaS model, carries patents around digital titling, and has been recognized on the Inc. 5000 and Deloitte Technology Fast 500 lists. Founded in 2018, the Cleveland-based company has raised more than $100 million to date to fuel continued nationwide adoption.

Led · Series B · Oct 2023

Veruna is an Austin, TX–based provider of an agency management system natively designed on Salesforce’s CRM platform. The platform offers predictive analytics, no-code configurability, and a Customer360 solution intended to elevate revenue, efficiency, and customer experience. Led by CEO Jennifer Carroll, Veruna targets both agent-assisted and straight-through digital processing workflows. The company plans to launch new predictive analytics features and expand its global footprint. With the Series B funding, Veruna intends to accelerate product development and growth across engineering, sales, marketing, and customer success. Veruna is a Hopkinton, MA-based developer of an agency management system (AMS) built on the Salesforce/Force.com platform. Founded in 2015 and led by CEO Jennifer Carroll, the company provides configurable AMS tools for insurance agencies and MGAs to capture unique value propositions and integrate with numerous solutions. Its product creates automated tasks and reminders for managing customer relationships, remarketing lost business, and expanding coverages. The platform supports workflows for quoting, binding, submissions, and accounting. Veruna raised $6M in new equity financing and plans to use the funds for ongoing product improvement efforts. Planned enhancements will focus on additional new-business workflows and capabilities for agents and brokers. Veruna offers a cloud-based agency management system built on Salesforce that targets independent insurance agents and replaces legacy management systems. The product includes a full suite of functionality and a refined, seamless onboarding path developed over the past 24 months. The company has focused recent efforts on building a best-of-breed system and preparing for faster growth. Veruna plans to use new funding to build brand awareness, drive new sales, and expand operations. Management anticipates doubling its client base over the next year as it scales. The company was founded in 2015 and is based in Hopkinton, Mass., described as Boston-based in the announcement.