IA Capital Group, Inc. is a venture capital firm based in New York City, founded in 1992. Specializing in insurtech and fintech, the firm focuses on innovative early and growth stage companies within the insurance and financial services sectors. IA Capital Group engages in direct investments, including private equity, buyouts, and venture capital, targeting areas such as payments, financial infrastructure, property and casualty insurtech, health insurtech, and wealth technology. The firm invests between $1.5 million and $10 million in companies with sales exceeding $2 million, typically holding both majority and minority stakes. With a strong emphasis on strategic partnerships, IA Capital Group manages venture capital programs for multiple insurers and has a proven track record of fostering emerging growth companies across the United States, Canada, Central America, Mexico, and the Caribbean.
419 Park Ave South, 8th floor, New York, NY 10016, US
Richie Carchia
Analyst
Andy Lerner
Managing Partner
Matthew Perlman
Partner
Ravi Shah
Vice President
Past deals in Insurance Brokers
Summit
Seed Round in 2024
Summit is an insurance brokerage and risk management agency that specializes in providing bespoke insurance and risk management solutions to businesses.
Matic Insurance
Series B in 2023
Matic Insurance Services, Inc. is a digital insurance agency based in Columbus, Ohio, with additional offices in California and Ukraine. Established in 2014, Matic has transformed the insurtech landscape by integrating insurance solutions into the home and auto ownership experience. The company's digital marketplace features over 40 A-rated home and auto insurance carriers and collaborates with various distribution partners across mortgage originations, banking, real estate, and personal finance. Matic prioritizes policyholder advocacy by offering a straightforward and transparent comparison shopping process, which enables customers to save significant time and reduce their premiums by more than 30% annually. Through its platform, Matic provides a seamless experience for homeowners to analyze property data and compare insurance quotes efficiently.
Demex
Series A in 2021
Demex is an independent data and analytics company that addresses the increasing challenge of property losses from secondary perils, such as extreme weather events. By partnering with reinsurance brokers, insurers, and reinsurers, Demex utilizes advanced modeling techniques that incorporate weather and claims data, along with climate research, to assess loss accumulation. The company provides parametric stop-loss solutions tailored to the needs of its clients, effectively handling risks that exceed traditional catastrophe losses. Through its risk management platform, Demex enables businesses to analyze, price, and transfer climate-linked risks, thereby enhancing their ability to manage financial risks associated with severe weather conditions like hurricanes, heat waves, and droughts. This innovative approach supports the sustainability of insurers' operations in a changing climate.
Matic Insurance
Series B in 2020
Matic Insurance Services, Inc. is a digital insurance agency based in Columbus, Ohio, with additional offices in California and Ukraine. Established in 2014, Matic has transformed the insurtech landscape by integrating insurance solutions into the home and auto ownership experience. The company's digital marketplace features over 40 A-rated home and auto insurance carriers and collaborates with various distribution partners across mortgage originations, banking, real estate, and personal finance. Matic prioritizes policyholder advocacy by offering a straightforward and transparent comparison shopping process, which enables customers to save significant time and reduce their premiums by more than 30% annually. Through its platform, Matic provides a seamless experience for homeowners to analyze property data and compare insurance quotes efficiently.
Integriant
Seed Round in 2020
Integriant is an insurance agency focused on the life and Medicare insurance sectors. The company provides a range of insurance products aimed at protecting the financial well-being of individuals and families. By leveraging a combination of online tools and licensed agents, Integriant enables consumers to compare various insurance plans, allowing them to select options that best fit their needs and budgets. The platform is designed to enhance the marketing and sales processes within the insurance industry, facilitating easier access to essential insurance services.
Demex
Seed Round in 2020
Demex is an independent data and analytics company that addresses the increasing challenge of property losses from secondary perils, such as extreme weather events. By partnering with reinsurance brokers, insurers, and reinsurers, Demex utilizes advanced modeling techniques that incorporate weather and claims data, along with climate research, to assess loss accumulation. The company provides parametric stop-loss solutions tailored to the needs of its clients, effectively handling risks that exceed traditional catastrophe losses. Through its risk management platform, Demex enables businesses to analyze, price, and transfer climate-linked risks, thereby enhancing their ability to manage financial risks associated with severe weather conditions like hurricanes, heat waves, and droughts. This innovative approach supports the sustainability of insurers' operations in a changing climate.
Tomorrow Ideas
Venture Round in 2019
Tomorrow Ideas develops an application that helps in protecting family’s financial future. Its application includes last will and testament for the family and the laws of the state, a revocable living trust, guardianship for children and pets, net worth and life insurance calculator, term life insurance comparison, and a complimentary insurance policy. Tomorrow Ideas' application can be downloaded from iOS and Android. David Hanley, Erik Berg, Joshua Heckathorn, and Wayne Rambo founded it in 2015, with its headquarters in Seattle in Washington.
Homeowners of America Holding
Series A in 2005
Homeowners of America Holding Corporation, based in Irving, Texas, specializes in providing property and casualty insurance for homeowners, condominium owners, and tenants. The company offers a range of policies, including homeowners, dwelling fire, tenant, and extended coverage, designed to protect against losses from various catastrophes. It focuses on insuring well-maintained residences, excluding luxury homes, and targets clients with a responsible ownership history. Homeowners of America distributes its insurance products through independent general lines agents across Texas. Established in 2005, the company aims to deliver comprehensive coverage options to its customers.
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