Alma Mundi Ventures

Alma Mundi Ventures is a venture capital firm that funds primarily technology-based companies with B2B and B2B2C business models. The firms' third fund is an InsurTech Venture Fund with a European focus, backed by leading European international insurance companies and Mutuality Funds, investing between 1M and 7M in Series A, B, and C of leading European insurance startups. AMV is headquartered in Madrid but with an operational presence in Barcelona, London and Seattle.

Rajeev Singh-Molares

Founder and Managing Partner

Moisés Sánchez Jiménez

Partner

Lluís Viñas Fernández

Investment Associate

Past deals in Motor Insurance

Urban Jungle

Venture Round in 2024
Urban Jungle is a UK-based insurance technology company that focuses on providing affordable and comprehensive home insurance solutions for young customers. By leveraging innovative technology, Urban Jungle creates a streamlined experience for renters and housemates, allowing them to split bills and manage changes in tenancy with ease. The platform offers coverage for various risks, including deposits, fire, theft, and accidental damages, catering specifically to the needs of young professionals living in shared accommodations. Ultimately, Urban Jungle aims to enhance the home insurance experience while making it more accessible and budget-friendly for its users.

Element

Venture Round in 2024
ELEMENT Insurance AG, founded in March 2017 and based in Berlin, Germany, specializes in digital insurance services and InsurTech innovations. The company operates as a licensed direct insurer for non-life insurance, authorized by the German Federal Financial Supervisory Authority to function as a risk carrier across 28 European countries. ELEMENT provides a unique technology platform known as "Insurance as a Platform," which supports a B2B2X value chain. It collaborates with various partners, ranging from e-commerce businesses to established insurance firms, to develop customized white-label insurance products quickly. By enabling its partners to market these innovative products under their own brands, ELEMENT addresses the complexities of the insurance value chain, including actuarial calculations, underwriting, policy administration, customer service, and claims management.

Element

Series B in 2022
ELEMENT Insurance AG, founded in March 2017 and based in Berlin, Germany, specializes in digital insurance services and InsurTech innovations. The company operates as a licensed direct insurer for non-life insurance, authorized by the German Federal Financial Supervisory Authority to function as a risk carrier across 28 European countries. ELEMENT provides a unique technology platform known as "Insurance as a Platform," which supports a B2B2X value chain. It collaborates with various partners, ranging from e-commerce businesses to established insurance firms, to develop customized white-label insurance products quickly. By enabling its partners to market these innovative products under their own brands, ELEMENT addresses the complexities of the insurance value chain, including actuarial calculations, underwriting, policy administration, customer service, and claims management.

bolttech

Series A in 2021
Bolttech is an InsurTech company that specializes in an AI-driven point-of-sale insurance platform, designed to create a technology-enabled ecosystem for protection and insurance. The platform provides a comprehensive range of offerings, including device protection, travel, motor, property, life insurance, and digital insurance, catering to the needs of consumers. By leveraging digital and data-driven capabilities, bolttech facilitates connections between insurers, distributors, and customers, streamlining the process of buying and selling insurance and protection products. The company is focused on expanding its presence internationally, particularly in Asia, to enhance accessibility and efficiency in the insurance market.

Element

Funding Round in 2021
ELEMENT Insurance AG, founded in March 2017 and based in Berlin, Germany, specializes in digital insurance services and InsurTech innovations. The company operates as a licensed direct insurer for non-life insurance, authorized by the German Federal Financial Supervisory Authority to function as a risk carrier across 28 European countries. ELEMENT provides a unique technology platform known as "Insurance as a Platform," which supports a B2B2X value chain. It collaborates with various partners, ranging from e-commerce businesses to established insurance firms, to develop customized white-label insurance products quickly. By enabling its partners to market these innovative products under their own brands, ELEMENT addresses the complexities of the insurance value chain, including actuarial calculations, underwriting, policy administration, customer service, and claims management.

Urban Jungle

Series A in 2021
Urban Jungle is a UK-based insurance technology company that focuses on providing affordable and comprehensive home insurance solutions for young customers. By leveraging innovative technology, Urban Jungle creates a streamlined experience for renters and housemates, allowing them to split bills and manage changes in tenancy with ease. The platform offers coverage for various risks, including deposits, fire, theft, and accidental damages, catering specifically to the needs of young professionals living in shared accommodations. Ultimately, Urban Jungle aims to enhance the home insurance experience while making it more accessible and budget-friendly for its users.

Fixico

Venture Round in 2019
Fixico is an innovative company transforming the automotive damage repair industry through its digital platform, which serves both consumers and businesses. The platform simplifies and digitizes the process of managing car damage repairs, allowing fleet owners and insurers to enhance customer satisfaction by quickly obtaining, comparing, and selecting competitive repair offers. Active in the Netherlands, Belgium, and Germany, Fixico operates a network of 2,000 high-quality repair shops and has successfully processed over 200,000 damage cases. By providing users with insights into repair costs and access to a range of services, Fixico aims to make auto repair more efficient and convenient.

Element

Series A in 2018
ELEMENT Insurance AG, founded in March 2017 and based in Berlin, Germany, specializes in digital insurance services and InsurTech innovations. The company operates as a licensed direct insurer for non-life insurance, authorized by the German Federal Financial Supervisory Authority to function as a risk carrier across 28 European countries. ELEMENT provides a unique technology platform known as "Insurance as a Platform," which supports a B2B2X value chain. It collaborates with various partners, ranging from e-commerce businesses to established insurance firms, to develop customized white-label insurance products quickly. By enabling its partners to market these innovative products under their own brands, ELEMENT addresses the complexities of the insurance value chain, including actuarial calculations, underwriting, policy administration, customer service, and claims management.
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