Participated · Series C · May 2025

Empathy offers a loss-support platform and recently expanded into legacy planning with Empathy LifeVault, which enables creation and secure storage of legally binding estate plans and documents. The company integrates AI to improve the Care Team’s speed, accuracy, and automation while maintaining human-led support. Empathy reports coverage for over 45 million lives and handles one in five U.S. life insurance claims beyond the payout. Its offerings are distributed through partnerships with eight of the top ten U.S. life insurers and more than one thousand employers, and are available across North America, including every U.S. state and Canada. In the past four months, seven million individuals have received access to LifeVault through partners such as Aflac and New York Life. Empathy says it plans to deepen capabilities, accelerate product innovation, scale platform offerings, and expand its support ecosystem to reach more families during difficult moments. Empathy offers a bereavement-care platform that mixes AI tooling with human guides to support tasks from counseling and obituary writing to shutting down digital accounts and settling complex financial affairs. The company primarily sells via a B2B2C model through employers and insurers, which account for 99% of its business. Empathy reports some 40 million people using its platform (about 5 million employees and 35 million policyholders). The startup was founded in Israel and maintains R&D there while focusing its commercial efforts in the U.S.; it launched in the U.S. in 2021. Leadership includes CEO and co-founder Ron Gura and co-founder Yonatan Bergman. The company plans to use new funding to build more AI tools and continue its mission to “redefine bereavement care” while keeping human teams for empathetic services. Empathy offers a digital assistant that guides bereaved executors and families through practical tasks (estate paperwork, taxes) and emotional support (links to counseling and other resources). Its technology was built in Israel and the company chose to launch in the U.S. Early traction has been strong: about 250,000 bereaved executors visit and use Empathy’s services each month, and the company says it has captured a "nice, single-digit percent" of the market. Empathy is expanding partnerships with stakeholders in the end-of-life process, and to date some 300 cemeteries and 72 funeral homes refer customers to the service. The product mix includes wholly free resources as well as paid services. To support growth and keep up with demand, Empathy recently raised new capital; the company is not disclosing its valuation. Empathy combines technology and human support to provide a digital companion application that empowers bereaved families. The software streamlines end-of-life bureaucracy, minimizes tedious tasks, and automates processes involved in the administration of an estate. The team includes professionals from legal, accounting, product design, engineering, and cybersecurity, alongside grief experts who support families. Empathy launched its application on iOS and Android for users across the United States. The company intends to use its recent funding to continue expanding operations and its business reach. Empathy is led by founders Ron Gura and Yonatan Bergman and is based in New York and Tel Aviv, Israel.

Participated · Series B · May 2023

Bolttech provides embedded insurance solutions that integrate protection products into the customer purchase experience via a B2B2C model. The company acts as connective tissue between insurers, distribution partners and end customers, enabling insurance to be surfaced at the point of sale. It says it connects about 700 distribution partners with more than 230 insurers and covers over 6,500 products worldwide. Bolttech reports total annualized premiums of approximately $60 billion as of April, up from around $55 billion in May 2023. The startup plans to use new funding to boost R&D and improve its insurance technology, with particular focus on data analytics and AI. It also intends to expand further into Africa and North America and has struck a joint venture with Sumitomo to offer embedded insurance and end-to-end services in Asia. bolttech is a Singapore-based insurtech that builds a technology-enabled ecosystem for protection and insurance, with a particular focus on emerging consumers. The company serves customers in 30+ markets across North America, Asia and Europe. Led by Group Chief Executive Officer Rob Schimek, bolttech aims to expand its platform and ecosystem through technology. It received a $50M investment from LeapFrog Investments as an extension of its Series B, bringing the round to a total of US$246M. Proceeds will be used to support a global growth strategy focused on emerging markets and to expand its technology-enabled protection and insurance offerings. As part of the deal, bolttech will appoint Fernanda Lima of LeapFrog to its board as a Non-Executive Director. Bolttech offers embedded insurance via a B2B2C platform that connects more than 700 distribution partners with 230 insurance providers to offer roughly 6,000 products, including device protection as a flagship product. Its customers include Liberty Mutual, PayMaya, Progressive, Lazada, Samsung and Home Credit, and it holds licenses across Asia, Europe and all 50 U.S. states. The company quotes about $55 billion of annualized premiums and employs around 1,500 team members globally. Bolttech sells both white‑labeled and co‑branded protection products and enables insurance marketplaces inside partner apps such as JKOPay and Maya. The company intends to use recent funding to invest in proprietary technology and to pioneer AI/ML across the insurance and protection value chain, including computer vision, generative AI/NLP, advanced analytics and robotic automation. It also plans enhancements to its distribution technology, purchasing experiences, quoting engines, claims automation, fraud detection and inventory management. bolttech is a Singapore-based insurtech that provides a suite of digital and data-driven capabilities to connect insurers, distributors, and customers. Led by CEO Rob Schimek, the company aims to make it easier and more efficient to buy and sell insurance and protection products. bolttech has built a global footprint serving more than 7.7 million customers in 26 markets across North America, Asia, and Europe. The company completed a Series A round initially announced at US$180M and raised an additional US$30M as an extension, bringing the Series A total to US$210M. New strategic investors include Singapore-based EDBI and Mundi Ventures’ Alma Mundi Insurtech Fund alongside lead investor Activant Capital Group. The additional capital will be used to enhance technology and digital capabilities and to strengthen bolttech's presence in Southeast Asia, Europe, and its other existing markets. Led by CEO Rob Schimek, bolttech provides a full suite of digital and data-driven capabilities to power connections between insurers, distributors and customers. The company operates an insurance exchange that transacts US$5 billion in premiums and offers a gateway to more than 5,000 products and 150 insurance providers. bolttech has built a global presence serving more than 7.7 million customers across 14 markets in North America, Asia and Europe, and holds licenses in all 50 U.S. states and key markets in Asia and Europe. The company says it will use new funding to accelerate its growth strategy and solidify its market position. Its leadership and board include Peter Hancock, Robert Kyncl and Malcolm Turnbull.

Participated · Equity · Sep 2018

Enigma provides a SaaS platform that enables organizations to utilize internal data and leverage signals from real-world public data. The company has built a vast knowledge bank of people, places, and companies to create a unique map of the world for individuals and enterprises. Enigma has built data-rich workflows for financial risk management, compliance, pharmaceuticals, and sales and marketing use cases. Customers include BB&T, EMD Millipore, Celgene and Merck. Led by co-founder and CEO Hicham Oudghiri, the company plans to use the new capital to expand its network and platform, focusing on risk, procurement and fraud. Enigma was the winner of TechCrunch Disrupt NY 2013 and a graduate of the 2014 FinTech Innovation Lab. Founded in 2011, Enigma collects and organizes vast public-data sets and offers tools for discovery, search and analytics. Its core enterprise products are the Abstract platform, which unifies internal data silos, and the Signals analytics engine, which combines public and private data to deliver insights. The company has shifted focus to serve large enterprises and Fortune 500 operational challenges, while continuing to offer public-data access for individuals and developers. Enigma cites Merck as a current customer using Abstract, Signals and Public Data to improve global manufacturing operations. The company will use new funding to expand its enterprise offerings and build its core team with data-driven talent. Enigma also plans to continue growing its integrated public-data corpus produced by governments, universities, companies and other organizations. Enigma aggregates and indexes public data across disparate datasets, offering a central interface and API to discover connections in billions of public records. Its coverage includes import bills of lading, real estate assessments, FCC licenses, SEC filings, and government spending contracts. The company launched to the public in May 2013 after winning TechCrunch Disrupt and targets financial institutions, news media, academia, and professional services. Enigma is available as a subscription service and as an API for big data analytics. It has partnerships with Harvard Business School, Gerson Lehrman Group, and S&P Capital IQ. Company leadership and investors have described plans to extend the platform into additional industries. Enigma aggregates and structures more than 100,000 public and proprietary datasets across government, real estate, and finance sources. Its product decouples data from obscure sources into a relational database and an Enigma dashboard that enables searching, comparing, and trend analysis across datasets. The company is still in beta and the platform supports use cases such as defense-spending trend analysis, real estate market comparisons, and other analyses for media, finance, consulting, legal, and academic customers. Enigma aims to grow its user base significantly given its broad dataset coverage. To support that growth, the company has raised seed funding and will use the capital to expand adoption and product development. Investors in the round include TriplePoint Capital, Crosslink Capital, Brent Hurley, Take Two chairman Strauss Zelnick, and Colbeck Capital partner Matthew Glass.