MTech Capital

MTech Capital is a venture capital firm with offices in Santa Monica and London investing in technology companies operating in the insurance industry. We define the insurance sector broadly to encompass all of the businesses that insurance companies are in, including asset management, wealth management and other financial services. We look for founders with the vision and ambition to change the insurance industry using technology. We invest across all stages and our primary focus is in North America and Europe.

Nick Bendell

Venture Capital Senior Associate

Brian McLoughlin

Partner and Co-Founder

Kevin McLoughlin

Partner and Co-Founder

Jack Prescott

Senior Associate

Past deals in InsurTech

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.

Irys Insurtech

Seed Round in 2023
Irys Insurtech is a developer of insurance management software that integrates technology to enhance human interactions in the insurance sector. The company offers a modular management system that fundamentally changes how agents, brokers, and managing general agents (MGAs) engage with their clients. Key features of Irys's software include open and public APIs, workflow automation, direct carrier integrations, and a robust AI engine. This human-centric and relationship-focused system empowers agencies and brokerages to effectively manage customer relationships and improve retention rates. By leveraging technology, Irys aims to transform the traditional insurance landscape into a more connected and efficient environment.

INSHUR

Series B in 2023
INSHUR is a digital insurance platform that specializes in auto insurance for individual drivers and fleet owners. The platform leverages proprietary data and analytics to streamline the process of obtaining insurance quotations, making purchases, and servicing policies. This allows users to manage their entire insurance lifecycle conveniently from their mobile devices, enhancing accessibility and user experience in the insurance market.

CyberCube

Series C in 2022
CyberCube Analytics, Inc. is a San Francisco-based company that operates a cyber risk analytics platform tailored for the global insurance industry. Founded in 2017, CyberCube specializes in providing data-driven cyber analytics, which assist insurance organizations in making informed decisions regarding insurance placements, underwriting cyber risks, and managing risk aggregation. Its cloud-based platform integrates big data, artificial intelligence, and actuarial science, offering insights derived from vast amounts of data on millions of companies and various technology failure scenarios. Through its services, CyberCube enables insurers to better assess financial losses and industry benchmarks, ultimately supporting businesses in navigating the complexities of cyber risk in the digital landscape.

Napo

Series A in 2022
Napo Pet Insurance is a digital-first insurtech company launched in December 2021, focused on revolutionizing pet insurance by offering comprehensive coverage that goes beyond basic policies. The company provides essential services such as dental care, behavioral support, and preventative care as standard, aiming to give pet owners peace of mind. Napo emphasizes a superior customer experience by leveraging advanced AI-driven technology alongside personalized human support, ensuring efficient claims processing and assistance throughout the pet ownership journey. Recognized as one of the UK's fastest-growing pet insurers, Napo has received multiple awards, including Insurer of the Year and accolades for innovation. Beyond insurance, the company aspires to create a holistic pet care ecosystem, providing tools, education, and services to enhance the health and happiness of pets at every life stage.

Plum Life

Seed Round in 2022
Plum Life is on a mission to create the ideal life insurance experience where the confidence of working with an advisor the and convenience of buying online meet in one place. The company offers an agent only digital experience designed to simplify the entire process of selling life insurance from quoting to application and to issue. Designed especially for the life insurance industry, Plum Life’s integrated platform combines the capabilities of a modern technology company and the personal attention and service of an advisor.

Pendella Technologies

Seed Round in 2022
Pendella is a technology company that offers a cloud-based platform for individual life and disability insurance, aiming to make financial protection accessible to everyone, regardless of age, health, or income. Its full-stack, enterprise solution utilizes artificial intelligence and big data to automate the underwriting process, allowing consumers to purchase insurance policies online in minutes without the need for paperwork or medical exams. By partnering with top-rated insurance carriers and distributors, Pendella provides a seamless, customizable experience that enhances accessibility and affordability in the insurance market.

INSHUR

Series B in 2021
INSHUR is a digital insurance platform that specializes in auto insurance for individual drivers and fleet owners. The platform leverages proprietary data and analytics to streamline the process of obtaining insurance quotations, making purchases, and servicing policies. This allows users to manage their entire insurance lifecycle conveniently from their mobile devices, enhancing accessibility and user experience in the insurance market.

Akur8

Series B in 2021
Akur8 is a developer of an AI-driven platform focused on insurance pricing and reserving. The platform utilizes machine learning and predictive analytics to automate and optimize pricing processes for insurance carriers. By integrating advanced algorithms, Akur8 enhances the speed and accuracy of pricing, allowing actuaries to create predictive models efficiently while ensuring transparency and control over the modeling process. This capability enables insurance companies to make improved decisions quickly, providing a competitive edge in the market.

Corvus Insurance

Series C in 2021
At Corvus, we build Smart Commercial Insurance Products: policies built on data-driven underwriting. The company delivers insights to broker partners, helping to make them smarter about the complex risks their clients face. And Corvus informs the insurance buyer, helping them to be smarter about practices to mitigate risk and prevent loss.

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.

Akur8

Series A in 2020
Akur8 is a developer of an AI-driven platform focused on insurance pricing and reserving. The platform utilizes machine learning and predictive analytics to automate and optimize pricing processes for insurance carriers. By integrating advanced algorithms, Akur8 enhances the speed and accuracy of pricing, allowing actuaries to create predictive models efficiently while ensuring transparency and control over the modeling process. This capability enables insurance companies to make improved decisions quickly, providing a competitive edge in the market.

Matic Insurance

Venture Round in 2019
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.

INSHUR

Series A in 2019
INSHUR is a digital insurance platform that specializes in auto insurance for individual drivers and fleet owners. The platform leverages proprietary data and analytics to streamline the process of obtaining insurance quotations, making purchases, and servicing policies. This allows users to manage their entire insurance lifecycle conveniently from their mobile devices, enhancing accessibility and user experience in the insurance market.

Embroker

Series B in 2018
Embroker is the easiest way to intelligently ensure any business. By pairing technology and broker expertise, Embroker helps growing businesses save time and find the best value on the right coverage. As the leading digital insurance brokerage, Embroker is working to massively improve the $800 billion property and casualty (P&C) insurance market. Headquartered in San Francisco, we have offices in Chicago and Boston and customers in all 50 states.
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