Participated · Equity · May 2022

Air Doctor operates a directory and algorithmic, location-based service that connects travelers with vetted doctors for in-person and remote consultations while handling insurance matching and payments. The product combines provider profiles (including languages and coverage), booking/matching algorithms, and back-end accounting to submit claims and pay doctors, taking service fees and commissions. The company says its platform delivers significant cost and processing savings—about 50% on outpatient claims, 60% for medical assistance providers, and 75% in handling and processing time. Air Doctor has more than 80,000 customers, a directory of 20,000 doctors across 84 countries, and contracts with around 18 major health insurance providers; it has shifted from B2C toward a B2B2C model with insurers referring users. Revenues are growing at roughly 2.5x annually, and the team uses insurer partnerships and travel data to prioritize network expansion and common ailments to cover. The founders, Jenny Cohen Derfler and Yam Derfler, built the network initially through on-the-ground sourcing and embassy recommendations and expanded rapidly during and after the pandemic. Air Doctor connects travelers who fall ill abroad with local private doctors through an intuitive mobile and desktop app. Its outpatient medical network covers 74 countries and includes over 20,000 medical professionals across 2,000 cities, offering in‑person and telemedicine consultations. The company says it has tens of thousands of registered users and employs over 60 people based in Israel and Europe. Air Doctor raised $20M in a recent funding round and had previously raised $10.9M since its 2018 launch. The new capital will be used to hire developers, expand product and marketing teams, grow the vetted medical professional network—particularly in the US and Europe—and open additional international offices. The company positions its service as addressing increased demand for travel medical assistance and travel insurance digitization following the COVID‑19 pandemic. Air Doctor operates a digital marketplace that lets travelers search for and book local private physicians by location, language, specialty, and cost. The platform is used typically via travel insurance or customer perks and provides access to doctors across 42 countries on five continents. Air Doctor positions itself to reduce insurer claim costs by steering patients to outpatient care and streamlining payments, while increasing physicians’ income and digital presence. The company emphasizes providing care in patients’ native languages to improve outcomes and traveler control. Founded in 2016, Air Doctor has attracted institutional backing and plans to expand its medical network and R&D capabilities internationally across the insurance, telecom, and credit card industries.

Participated · Equity · Feb 2022

Founded in 2016, padoa provides a fully integrated digital ecosystem for occupational health services, enabling more effective service delivery, health prevention, and regulatory compliance. The platform serves occupational health services, healthcare professionals, employers, and employees. The company has raised prior capital from Kamet (initial investment in 2016) and Five Arrows (invested in 2022). With the new strategic growth investment from Thoma Bravo, padoa plans to further invest in AI capabilities, customer service, product innovation, and international expansion, with a stated focus on the DACH region. Management framed the funding as a catalyst to scale faster amid technological shifts in the industry. No revenue, user, or valuation figures were disclosed in the announcement.

Participated · Seed · Nov 2021

Continuity offers an AI-powered risk detection platform that helps commercial insurers streamline underwriting from portfolio entry through the contract lifecycle. The platform provides actionable insights aimed at enhancing profitability and saving time for underwriters. Continuity serves professional and commercial insurers and is used by partner companies to improve risk assessment during underwriting and long-term risk monitoring. The company is led by CEO Benoît Pastorelli. Continuity raised capital to support expansion of its operations and further product development. Partner insurers named in the article include AXA, Crédit Agricole, Entoria, Groupama, MACIF, IME, Sada Assurances, Wakam, and Hiscox. Continuity provides a SaaS platform that combines Open Data and AI to detect insurance contracts that are outdated or invalid across multiple SME product lines. The platform uses entity matching, geo-coding and data reconciliation algorithms to deliver more than 100 risk insights for each SME client, giving insurers a 360-degree view of portfolios. It currently covers four product lines including Professional Indemnity, Commercial Property, Construction Workers Insurance, and Directors & Officers Liability. Continuity has processed more than 500,000 contracts representing over €1.5bn in insured value, helping generate several million euros in additional premiums and enabling early identification of risks to preempt large claims. With the new funding the company plans to build an AI assistant for underwriters, expand its portfolio-scan solution into Agriculture and Fleet, and introduce an offering for specialist brokers and MGAs. The company also plans to recruit 30 additional team members to support these product and market expansions.

Participated · Series A · Aug 2021

Sayata operates a fully automated online marketplace that generates multiple insurance quotes from leading providers based on a few data points entered by a broker. The platform automates quote generation, supplies customized marketing materials, and forwards options to businesses so brokers can secure coverage faster; it primarily offers cyber insurance today. Customers have asked the company to add more lines of insurance, and Sayata plans to expand into additional coverage areas. The company reported over 10x revenue growth in 2021 and has more than 1,000 users representing over 100 brokerage and carrier partners, working with insurers including Axis, Brit, Hiscox and Tokio Marine and MGAs such as At-Bay, Coalition, Cowbell and Corvus. Founded in 2017 and based in Boston, Sayata has raised $60 million in total since inception. The new capital will be used to grow headcount (47 employees, up from 17 a year earlier) and pursue more of the SMB insurance market in the U.S., which the company estimates exceeds $100 billion. Sayata operates a marketplace for insurance brokers and carriers that streamlines the quote-bind-issue process. The platform enables insurance professionals to place more policies in a fraction of the time. Sayata offers an end-to-end technological solution and supplements that with educational tools. The product is positioned to reduce friction across placement and policy issuance workflows. The company announced a new financing round, indicating external investor support for its operations. No operating metrics or specific future plans were disclosed in the article.

Led · Seed · Jun 2021

nSure.ai provides an AI-driven Fraud Prevention Intelligence system that continuously evolves with the threat landscape. The platform is purpose-built for virtual goods and aims to guarantee that legitimate transactions are approved while keeping fraudulent charges out. It covers gift cards, gaming, crypto, NFTs, financial services, airline tickets and other virtual goods. Led by co-founders Alex Zeltcer (CEO) and Isaiah (CTO), the company emphasizes anti-fraud and chargeback-free guarantees. With the new funding, nSure.ai plans to extend its anti-fraud, chargeback-free guarantees and meet demand from sectors lacking sufficient fraud prevention systems. The company is based in Tel Aviv, Israel. nSure AI offers a predictive AI and deep-learning risk engine that detects fraud for high-risk digital goods such as electronic gift cards, airline tickets, software and games. Unlike many tools that analyze individual transactions with rules, its platform uses deep learning to more accurately identify fraudulent purchases. The company currently has 16 employees and monitors and manages millions of transactions every month; since going live in 2019 it has approved close to $1 billion in volume. nSure AI reports a 98% approval rating on average versus an industry average of 80% and will accept liability for any fraudulent transaction allowed by its platform. The new funding is intended to bolster its predictive AI and machine-learning algorithms and to register thousands of new merchants. Founders Alex Zeltcer and Ziv Isaiah built the product after experiencing high fraud rates in their own online gift card business.