Participated · Series A · Dec 2025

Micruity is a New York–based infrastructure company focused on making "retirement paychecks" possible for millions of savers by connecting the disparate players in the workplace savings ecosystem. Its platform offers scalable support for lifetime income products, annuity-enabled target-date funds, and Secure 2.0 features, while standardizing connectivity among recordkeepers, asset managers, and insurers. The system also handles participant-level income administration and portability, enabling employees to maintain consistent retirement income even when they change jobs. Micruity partners with leading financial institutions to embed these capabilities directly into existing retirement plans. The company intends to use newly raised capital to expand operations and accelerate product development. No revenue, customer, or other operating metrics were disclosed in the article.

Participated · Series A · Apr 2022

Afficiency builds API-driven and white-label digital life insurance products spanning term, whole life, disability and universal life. The company works with carrier and reinsurance partners to develop products that are digitally underwritten and can be issued to applicants within seconds. Afficiency enables distributors and brands to embed its suite into native environments or use an out-of-the-box customer journey. It supplies products to startups including Sproutt and Pendella and targets agents, distributors, carriers and other partners. The company raised a $7M Series A to accelerate its strategy to deliver 100% digital in-session life insurance products and custom integrations. The round was led by IA Capital Group, brings total capital raised to $10.2M, and includes a board seat for IA partner Rick Viton; Afficiency is led by CEO and co-founder Mark Scafaro and is based in New York City.