ManchesterStory

ManchesterStory Group is a private equity and venture capital firm based in West Des Moines, Iowa, established in 2016. The firm focuses on early-stage investments in the financial services, technology, and healthcare sectors across the United States. With a particular emphasis on insurtech and fintech, ManchesterStory aims to support innovative companies that are poised for growth in these dynamic industries. As a Registered Investment Adviser, the firm is committed to fostering the development of its portfolio companies while navigating the complexities of the investment landscape.

Nicole Gunderson

Principal

Mads Jensen

Associate

Matt Kinley

Co-Founder and Managing Partner

Dave Miles

Managing Partner

David Miles

Founding Partner

Past deals in Property Insurance

Better Agency

Series A in 2022
Developer of an insurance management platform designed to give insurance agents options for marketing, prospecting, sales, and retention. The company's sales-driven association management software and customer relationship management platform allow users to use the policy downloads to automate their entire customer lifecycles such as sales, service, renewals, and claims, enabling independent agents to automate their insurance sales and processes.

Plum

Seed Round in 2022
Plum focuses on enhancing everyday experiences through innovative design and technology, aiming to transform traditional practices into more user-friendly solutions. With a commitment to precision and care in product development, the company seeks to improve daily living without imposing on users. Plum Life, a branch of the business, specializes in revolutionizing the life insurance sector by merging the personal touch of an advisor with the convenience of online transactions. Its agent-only digital platform simplifies the life insurance process, encompassing quoting, application, and issuance, thus providing a seamless and efficient experience for both agents and customers. By integrating modern technology with personalized service, Plum Life aspires to redefine the life insurance landscape.

InShare

Seed Round in 2021
InShare Services specializes in providing tailored risk management solutions for the Sharing Economy, particularly focusing on the final mile delivery sector. Founded by industry veterans with extensive experience in insurance and risk management, the company aims to address the unique challenges faced by operators in this space. InShare's platform enhances the claims experience, ensuring that vehicles are quickly returned to service while offering tools for risk management. Additionally, it recognizes and rewards operators with proven safety records, thereby supporting their success in the competitive final mile delivery market.

reThought Insurance

Series A in 2021
reThought Insurance Corporation is a technology-driven managing general agent (MGA) that specializes in commercial flood insurance. Founded in 2017 and based in Broomfield, Colorado, the company utilizes proprietary underwriting methodologies and advanced risk assessment technology to visualize, assess, underwrite, and price flood insurance for commercial properties. By prioritizing product innovation, reThought aims to enhance the insurance experience for its clients while addressing the specific risks associated with flooding.

Limit Financial

Seed Round in 2021
Limit Financial is a managing general underwriter (MGU) specializing in credit insurance and reinsurance solutions. They help clients diversify risks through best-in-class underwriting, maximum transparency, and unparalleled service to the (re)insurance community. Its platform focuses on low-loss, conservatively structured credit risks where there is not considered to be an optimal private capital or capital markets solution. The company was founded in 2021 and is headquartered in Woodcliff Lake, New Jersey.

Matic Insurance

Series B in 2020
Matic Insurance Services, Inc. is a digital insurance agency that provides tailored insurance solutions for consumers, originators, and insurance servicers. Established in 2014 and headquartered in Columbus, Ohio, with additional offices in Los Angeles, San Francisco, and Lviv, Ukraine, the company partners with various insurance carriers to offer a range of policies. This independent approach enables Matic to deliver optimal recommendations, ensuring clients receive both competitive pricing and suitable coverage options.

Verikai

Series A in 2020
Verikai Inc. is an insurance technology company based in San Francisco, California, that offers a consumer insights platform tailored for insurance and financial services. Founded in 2018, the company utilizes alternative data and machine learning to enhance the understanding of individual consumer behavior, focusing on over 4,000 behavioral attributes from more than 250 million people in the United States. Verikai's platform aids insurance companies in improving underwriting precision, speed, and efficiency. It also addresses challenges such as fraud detection and price elasticity, allowing businesses to optimize customer acquisition costs and enhance profitability. By providing deeper insights into health risks and consumer behavior, Verikai aims to improve access to a wider range of insurance products for consumers and small businesses alike.

Betterview

Convertible Note in 2020
Betterview is a developer of a property intelligence and risk management platform specifically tailored for property and casualty insurers. The company's platform enhances the customer experience by streamlining decision-making processes and improving risk assessment throughout the policy lifecycle. By identifying and mitigating risks, Betterview enables insurers to increase operational efficiency and inspection accuracy. The platform also facilitates automation in pricing, underwriting, and policy renewal, allowing insurers to concentrate their strategic efforts on critical properties. Overall, Betterview aims to provide comprehensive property insights that improve both operational effectiveness and customer transparency in the insurance industry.

Betterview

Series A in 2019
Betterview is a developer of a property intelligence and risk management platform specifically tailored for property and casualty insurers. The company's platform enhances the customer experience by streamlining decision-making processes and improving risk assessment throughout the policy lifecycle. By identifying and mitigating risks, Betterview enables insurers to increase operational efficiency and inspection accuracy. The platform also facilitates automation in pricing, underwriting, and policy renewal, allowing insurers to concentrate their strategic efforts on critical properties. Overall, Betterview aims to provide comprehensive property insights that improve both operational effectiveness and customer transparency in the insurance industry.

Matic Insurance

Series A in 2017
Matic Insurance Services, Inc. is a digital insurance agency that provides tailored insurance solutions for consumers, originators, and insurance servicers. Established in 2014 and headquartered in Columbus, Ohio, with additional offices in Los Angeles, San Francisco, and Lviv, Ukraine, the company partners with various insurance carriers to offer a range of policies. This independent approach enables Matic to deliver optimal recommendations, ensuring clients receive both competitive pricing and suitable coverage options.
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