ManchesterStory

ManchesterStory Group is a venture capital firm based in West Des Moines, Iowa, established in 2016 by Dave Miles and Matt Kinley. The firm specializes in investing in early-to-growth stage companies within the InsurTech, FinTech, and HealthTech sectors. As a Registered Investment Adviser, ManchesterStory Group focuses on identifying innovative startups and established companies that are poised for significant growth, aiming to provide strategic support and capital to enhance their development and market presence.

Mike Finnegan

Director of Research

Mads Jensen

Senior Associate

Matt Kinley

Co-Founder and Managing Partner

David Miles

Founding Partner

Past deals in Insurance Brokers

COVU

Series A in 2024
COVU is a provider of insurance brokerage services focused on independent agencies and their customers, aiming to enhance risk management through personalized, transparent solutions. Founded by a team of experts from the insurance, finance, and technology sectors, COVU employs a holistic approach to help agencies thrive by managing the operational aspects of insurance. The company utilizes a unique blend of artificial intelligence, human intelligence, and real-time service to deliver a superior customer experience. COVU’s data-driven and comprehensive services enable individuals to accurately identify and evaluate risks, ensuring that both everyday consumers and growth-oriented insurance professionals can manage their insurance needs more effectively.

Rainwalk

Seed Round in 2024
Rainwalk specializes in pet insurance, offering coverage for accidents, illnesses, and routine vaccinations. As a managing general agent (MGA) in partnership with Allianz, Rainwalk provides a turn-key, white-labeled pet insurance product that enables insurers to enhance customer retention without the need to develop their own pet insurance programs. Founded by experienced insurance professionals, the company leverages a proprietary policy and claims management technology to streamline the entire insurance lifecycle. This collaboration with Allianz allows Rainwalk to combine its technological expertise with established insurance knowledge, ensuring a seamless user experience. In the long term, Rainwalk aims to utilize its distribution channels and partnership with Allianz to identify and scale other emerging insurance products in the U.S. market.

COVU

Seed Round in 2022
COVU is a provider of insurance brokerage services focused on independent agencies and their customers, aiming to enhance risk management through personalized, transparent solutions. Founded by a team of experts from the insurance, finance, and technology sectors, COVU employs a holistic approach to help agencies thrive by managing the operational aspects of insurance. The company utilizes a unique blend of artificial intelligence, human intelligence, and real-time service to deliver a superior customer experience. COVU’s data-driven and comprehensive services enable individuals to accurately identify and evaluate risks, ensuring that both everyday consumers and growth-oriented insurance professionals can manage their insurance needs more effectively.

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.

Matic Insurance

Series A in 2017
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.

Groundspeed

Series A in 2017
Groundspeed Analytics, Inc. is a provider of insurance data automation and analytics software tailored for commercial insurance brokers and carriers. Founded in 2015 and headquartered in Ann Arbor, Michigan, the company has developed a platform that utilizes machine learning and artificial intelligence to streamline the handling of insurance data. This platform automatically requests, processes, and analyzes loss run data and other essential documents, enabling users to access critical claim metrics without manual data entry. Groundspeed's technology empowers brokers and carriers to identify profitable risk pools and trends, enhance underwriting processes, and improve overall financial performance. By transforming complex insurance documents into actionable insights, Groundspeed facilitates better decision-making and drives growth in the commercial insurance sector.
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