Participated · Seed · Feb 2026

Comeryx is an AI-native, digital MGA that uses advanced automation and data-driven underwriting to serve the excess & surplus (E&S) insurance needs of small-business artisan contractors. Its platform streamlines quoting, binding, and servicing, aiming to lower acquisition costs and improve loss ratios relative to traditional carriers. The company targets an addressable market of more than 500,000 U.S. artisan contracting firms with under $10 million in annual revenue, positioning itself as a focused specialist in an underserved niche. Headquartered in Denver, Colorado, Comeryx is led by CEO Dax Craig (formerly Pie Insurance and Valen Analytics) alongside seasoned insurtech, engineering, analytics, and underwriting executives. The business plans to invest heavily in AI model refinement, geographic expansion, and product breadth as it scales. Although no premium-written or revenue figures were disclosed, the recent seed financing provides the runway needed to grow its book and validate underwriting performance. Future priorities include building distribution partnerships and extending coverage classes to capture a larger share of the small-business E&S market.

Participated · Equity · Oct 2025

Founded in 2022, Cartan Trade operates as a managing general agent (MGA) that distributes trade credit insurance to corporates and financial institutions, leveraging underwriting capacity from re/insurer Scor. Its digital platform allows clients to obtain and manage trade credit cover, and the firm is currently active across Benelux, France, southern Europe and the Nordics. Cartan reports a portfolio of 400 active policies representing €12 billion in committed cover and forecasts a 30 % increase in premiums to €40 million by the end of 2025. The company has been staffing up in its initial markets while preparing entry into the London market, Spain and northern Europe. Recent ownership changes see Scor holding 48 % of the company, Intact Corporation Financière holding 44 %, and Bpifrance retaining 8 %. The fresh capital will be used to accelerate Cartan’s technological development and international expansion plans.

Participated · Equity · Jul 2025

Quandri’s Renewal Intelligence Platform automates policy reviews, surfaces renewal insights, streamlines requoting, and proactively engages clients for insurance brokerages and agencies. The product includes features such as Policy Checking, Policy Requoting, and Connect to improve retention and drive revenue. Since its last funding round in 2023, Quandri has increased revenue 15X, grown its customer base to more than 100 agencies and brokerages across Canada and the U.S., and expanded headcount fivefold to 75 full-time employees. The company will use the new funding to accelerate go-to-market efforts, increase engineering and AI investments, and expand operations in both Canada and the U.S. For the remainder of 2025 Quandri plans to hire more than 40 people, expand its Vancouver headquarters with a new 15,000-square-foot office, and open a Boston office to serve its growing U.S. customer base. Marquee North American clients include Brokerlink, Western Financial Group, HomeServices Insurance Inc., and BlueRidge Risk Partners. Quandri is a Vancouver, Canada–based startup that builds pre-built digital workers to automate repetitive tasks for insurance brokers and agencies. The company offers three pre-built robots: Renewal Reviewer, a contextual file-naming tool, and Download Director for matching policies, eDocs, claims and verifying producer commissions. Co-founded by brothers Jackson (CEO) and Jamieson Fregeau (president), Quandri focuses exclusively on the North American insurance brokerage vertical today. Its product approach is more ‘robot-as-a-service’ than traditional RPA, with the company pre-building bots so customers do not need to configure or develop automation themselves. The team says it may branch into other verticals in the long run. Financially, Quandri announced an $8.5M Series A and has now raised $10M in total. Quandri builds bots to automate time-consuming, repetitive, and manual tasks for insurance brokers and agents. Launched in early 2021 by brothers Jackson Fregeau (CEO) and Jamieson Fregeau (president) and based in Vancouver, the company currently offers three bots: policy routing, document identification/naming/categorization, and a renewal-reporting bot. Quandri serves insurance brokers in Canada and insurance agents in the United States and claims it has saved firms “thousands of hours” in lost productivity. The startup says demand accelerated after investing in sales and marketing and is on track to generate ten times its 2021 annual recurring revenue (ARR) this year, though it did not disclose specific figures. It plans to use recent funding to expand its team, hiring more Python and machine-learning engineers, and to launch three new bots this fall. Longer term, Quandri intends to move into the carrier space and expand beyond insurance.

Participated · Series A · Apr 2025

Deck provides browser-based AI agents and infrastructure that enable user-permissioned access to data trapped behind logins on websites that do not offer APIs. Its platform automates logging in, navigating, and extracting structured data, then generates scripts to keep those connections live and reusable without ongoing AI involvement. Deck initially focused on utilities, claiming connections to over 100,000 utility providers in more than 40 countries, and lists customers including EnergyCAP, Quadient, Greenly, Notes.fm, Glowtify, and Evive Smoothies. The company relies on explicit user consent, proprietary anti-bot techniques, and says it is not using collected data to train models today. It plans to launch a data vertical creator to let developers rapidly stand up new data verticals; developer usage and connections have grown rapidly (February connections rose over 120% versus the prior month). Deck has 30 employees and is productizing authentication, data normalization, consent management, rate limiting, and anti-bot protections rather than building downstream products on the collected data. The startup raised a $12M Series A led by Infinity Ventures, bringing total funding to $16.5M since its January 2024 inception. Deck provides a platform to automate the collection and integration of utility data — including energy, fuel, waste, and water — to streamline energy management and carbon accounting. Its system is available in over 30 countries and can extract data from more than 100,000 electricity, fuel, natural gas, water, and sanitation sources. Deck offers two products: Deck Self-Serve for enterprise users to connect, export, and view data in a dashboard, and Deck API to embed utility account linking into platform user flows. The company plans to use the $4.5M seed proceeds to grow its product and expand hiring across engineering and sales. Deck was founded by Yves-Gabriel Leboeuf, Fred Lavoie, Bruno Lambert, and Julien Bélisle and is based in Montreal, Canada.

Participated · Series A · Feb 2025

Venn provides Canadian small- and medium-sized businesses with a unified financial stack that includes multi-currency and global accounts, spend management, bank transfers, foreign-exchange services, accounting automation, and high-yield investment products such as GICs. Founded three years ago by former Revolut employees Ahmed Shafik and Saud Aziz, the Toronto-based company rebranded from Vault to Venn to reflect its broadened product scope. Since its commercial launch in 2023, the platform has onboarded more than 4,000 business customers and is beginning to move up-market through partnerships with firms such as Sherpa, MedEssist, and Alan. By consolidating fragmented financial tools, Venn aims to become the default banking hub for Canadian enterprises, offering faster, more flexible, and lower-fee alternatives to legacy banks. The company’s product-first approach enables rapid feature releases and has begun to capture share from incumbents and venture-backed competitors alike. Proceeds from its latest funding will be used to deepen existing features and expand horizontally to deliver an even more comprehensive financial stack.