MLTPLY
Dallas, Texas, United States
Overview
MLTPLY support top Insurtech entrepreneurs by funding at pre-seed and seed from $25k to $5MM and accelerate innovation through access to operational infrastructure, insurance product delivery, fronting, and reinsurance capacity.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Financial Services
- InsurTech
- Venture Capital
Investment portfolio
- Stable Insurance
Led · Equity · Feb 2022
Stable Insurance offers insurance products tailored to owners and drivers who generate income on mobility platforms (Uber, Turo, DoorDash, Amazon Delivery, etc.) and provides tools and analytics to help owner-operators and small fleets run more profitably. The company has automated large parts of data collection, underwriting, administration, and claims, and can immediately kick off the claims process after an accident using embedded vehicle technology. Stable’s dashboard provides a holistic view of risk levels and profitability metrics to inform operator decisions. Stable is working with ILS Capital Management as its insurance partner and will initially launch in Illinois with plans to expand to other states later this year. The company was born out of a small rideshare fleet that could not find a suitable insurance option and was founded by Douglas Ver Mulm, Stephen Dekker, and John Salvucci.
Team
No current team members are available.