Participated · Series B · Apr 2021

Archipelago provides an AI- and machine learning-driven platform, with human-in-the-loop verification, to digitize, enrich, and visualize commercial property risk data from unstructured documents, schematics, and images. The platform produces structured data and dashboards that brokers and underwriters use to underwrite, price, and share risk information across the insurance lifecycle. Since publicly launching in August 2020, Archipelago has put over 330,000 commercial properties on its platform, representing $2.3 trillion in insured value. More than 1,000 insurance brokers and underwriters at over 100 insurers have experienced the platform via customers’ placements. The company plans to invest in new product capabilities, scale engineering, data science, and customer-facing teams, and to globalize and expand beyond property owners and insurers in North America.

Participated · Series C · Jan 2021

Roostify provides a configurable, modular home lending technology platform used by mortgage lenders to meet each client’s needs. Led by CEO Rajesh Bhat, the company supports more than 200 lending institutions and handles roughly $50B in loan volume monthly. Roostify raised a $32M Series C, bringing its total capital raised to $65M. The company intends to use the new funding to leverage innovative AI to simplify the entire home‑buying experience. Roostify also plans to grow its staff by 50% as part of its expansion. Roostify provides an integrated, public cloud digital lending platform that connects customers and lenders to accelerate the home‑loan experience, eliminate paper, and simplify origination workflows. The company processes nearly $20 billion in loans per month and reports its platform has reduced banks’ mortgage lending process time by an average of 20%. Roostify says lenders using the platform can realize up to 300% growth in loan applications and significant reductions in origination costs. Future plans described in the article include building out enhanced decision‑making and fulfillment capabilities, data and machine‑learning tools, and additional consumer lending products. The company is also pursuing geographic expansion into the UK and other European markets. Roostify was founded in 2012 and works with leading global banks on their digital transformation. Roostify provides an enterprise-class digital lending platform designed to speed mortgage origination and eliminate paper-bound inefficiencies. Its cloud-based, API-enabled, partner-friendly solution allows lenders to offer a seamless, branded experience from searching to closing. Since launching in 2014, Roostify has transacted over billions of dollars in mortgages and helped close hundreds of thousands of home loans nationwide. The company has expanded beyond the core application and processing workflow with integrations such as LendingTree and tools like Decision Builder to improve consumer education and lead quality. Headquartered in San Francisco, Roostify serves dozens of lenders across the United States, from enterprise banks to independent brokerages. The company plans to use new funding to accelerate delivery of its roadmap, deepen enterprise presence, and expand into new markets. Roostify provides automated mortgage-transaction technology that gives lenders, borrowers and other stakeholders a shared dashboard to increase transparency, accountability and cost savings. The platform is designed to help lenders approve and process more loans in less time and handle more loans simultaneously. Since its launch in early 2014 the company has partnered with Fannie Mae, Yodlee and others, processing thousands of mortgage applications through its platform. Roostify is led by CEO Rajesh Bhat and is hiring. The company plans to use new financing to expand its technology and add more lenders and other stakeholders to the platform. Roostify offers a web and mobile service that guides borrowers through loan application completion, qualification document submission, and tracking of the loan closing so all parties can share and track information and documents. Its secure interface is intended to reduce delays, cut unnecessary phone calls and emails, accelerate lender settlement, and give real estate agents smoother transactions and potential referrals. The product was developed by technologists working with real estate and mortgage banking experts. Roostify was founded by three technologists and is headquartered in San Francisco, California. The company says the product is already being used in the market. Roostify’s growth has been strengthened by an initial round of seed funding led by mortgage bank American Capital Corporation with participation from angel investors.

Led · Preferred · Jan 2021

Nassau Financial Group offers fixed annuities and asset management through its insurance subsidiaries. The company plans to use fresh capital to support organic growth and acquisitions and to further strengthen its balance sheet. As part of a strategic partnership, Golub Capital will provide access to middle-market direct lending strategies via a long-term investment management agreement for Nassau’s insurance subsidiaries. Nassau has prior minority investments from Fortress Investment Group (2023) and from Wilton Reassurance Company and Stone Point Credit (2021); Golden Gate Capital provided initial and subsequent growth capital and remains the majority controlling equity holder. The partnership with Golub is intended to expand Nassau’s balance-sheet investment capabilities and support continued growth. The transaction is expected to close in the second half of 2024 and is subject to customary closing conditions, including regulatory approvals. Nassau Financial Group is a diversified life insurance and asset management company operating across insurance, reinsurance, distribution and asset management segments. Founded in 2015 and based in Hartford, Conn., the company reported combined assets of $26.9 billion, capital of $1.1 billion and annual sales of approximately $600 million. Nassau has grown through acquisitions — including Foresters Life Insurance and Annuity Company — and expanded third‑party AUM to approximately $4 billion while establishing a U.K.-based investment management business. Over the last year it increased fixed annuity sales by 13% (while the industry declined about 15%), built direct-to-consumer and mobile annuity applications, and expanded its Nassau Re/Imagine insurtech incubator. The company intends to use new capital to execute organic growth plans across its insurance and asset management businesses and to support strategic acquisitions. Golden Gate Capital remains the majority controlling shareholder after providing the company’s initial and subsequent growth capital.

Participated · Series B · Aug 2020

Eden Health operates a nationally available concierge medical practice that combines telehealth, in-person primary care, behavioral health, and insurance navigation into a single care model. Patients reach a continuous Care Team via chat and video 24/7 and see the same clinicians in-person when needed, enabling ongoing relationships and historical knowledge of patient health. The company distributes services through employers and commercial real estate building landlords and has become a benefits partner for more than 100 employers across finance, retail, real estate, and technology over the past four years. Eden Health raised $60M in a Series C (bringing total funding to $100M) and plans to use proceeds to extend its Virtual Care platform, expand brick-and-mortar medical office presence to several new major U.S. metropolitan areas, and build integrations for third-party healthcare services. The business was launched in 2017 and is led by CEO Matt McCambridge. Eden Health operates a direct-to-employer healthcare delivery model that combines in-person and virtual care for mid-market companies. The company partners with employers to provide integrated benefits including primary care, triage, testing, and workplace health programs. Over four years it has become a benefits partner for more than 33,000 employees across more than 100 employers in industries such as finance, retail, real estate and technology. Since the start of the COVID-19 outbreak Eden Health has implemented evidence-based, medically informed plans, real-time monitoring, proactive outreach, and team-based care to support workforce health. It introduced a comprehensive back-to-work program including COVID-19 screening, virtual primary care, PCR testing, on-site antibody testing, immediate triage and patient consults. The company is led by co-founder and CEO Matt McCambridge and recently raised $25M in a Series B round, bringing total funding to $39M. Eden Health is a NYC-based employer-focused provider of integrated primary care, mental healthcare and insurance navigation. The company delivers services via an employee app that pairs workers with a personal care team for 24/7 digital care, same-day in-person visits at its medical office, specialist guidance and referrals, and insurance navigation. Led by co-founder and CEO Matt McCambridge, Eden launched in 2018 and has rolled out to multiple states. The company raised a Series A and intends to use the proceeds to expand its integrated solution nationwide by the end of the year. Eden Health is a New York City-based personal health platform focused on simplifying healthcare for employees and reducing employer expenses. Its platform offers 24/7 digital care (instant chat with providers), same-day in-person care at its clinics, specialist referrals and second opinions, and insurance navigation including prior authorizations and claims support. The company partners with mid-size and high-growth employers such as Yext, Insight Venture Partners, NewsCred and Tapad. The service is currently available in Greater New York City and New Jersey, with plans to expand into additional markets. Led by co-founder and CEO Matt McCambridge, Eden Health raised $4M in seed funding to continue expanding its reach.

Participated · Series A · Jul 2020

Branch offers bundled home and auto insurance and says it can instantly underwrite and bind policies via an API, including bundling auto and home in a single transaction. The company embeds insurance into partners' point-of-sale experiences (partners include Homepoint, OpenRoad Lending and SimpliSafe) while also selling direct-to-consumer and through agencies. Branch says its distribution model lowers customer acquisition costs and enables lower premiums for members. Since going to market in 2019 it claims to have saved members an average of $548 per year. The company reports 1,300% growth in annualized written premium over the past 12 months and has grown head count from about 75 to just over 400 since its prior raise. Branch is active in 28 states and plans to use new capital to accelerate its U.S. rollout. Branch uses technology to simplify and sell bundled home and auto insurance by quoting policies based on name and address and enabling integration into home-financing and car-buying websites. Its policies are underwritten by General Security National Insurance Company (GSNIC). The company has launched in five states: Arizona, Illinois, Missouri, Ohio, and Texas. Founded in 2018 by insurance veteran Steve Lekas and tech entrepreneur Joe Emison and based in Columbus, Ohio, Branch raised a $24M Series A. The company intends to use the funds to expand operations and its business reach nationwide. The article does not disclose operating metrics such as revenue or user counts.