SixThirty Ventures, LLC, founded in 2013 and based in St. Louis, Missouri, is an accelerator focused on early-stage investments in financial technology, insurance technology, and cybersecurity startups. The firm targets innovative companies that provide web and mobile solutions in areas such as payments, security and fraud solutions, regulatory compliance, big data and analytics, lending, and asset management. SixThirty runs an intensive eight-week business development program designed to help these startups grow, offering funding typically between $0.1 million and $0.25 million. The firm aims to invest in 8 to 14 startups annually, generally taking a stake of less than 10 percent while remaining open to negotiations for equity. Through its program, SixThirty provides mentorship and connections to foster the development of its portfolio companies on a global scale.
Ansel Health is a developer of a health insurance platform designed for employers to improve employee benefits through a straightforward supplemental health benefits plan. The company provides insurance services that offer cash payouts to individuals diagnosed with various conditions, including those related to COVID-19. This support helps alleviate financial burdens associated with serious health issues, ensuring that employees have access to necessary resources for recovery.
Diesta
Seed Round in 2023
Diesta is a developer of payment software for insurance premium processing, modernizing the flow of funds in the insurance industry.
CoverGo
Series A in 2022
CoverGo is a no-code insurance platform designed for property-and-casualty, health, and life insurance companies. It allows these companies to quickly build and launch a wide range of insurance products while facilitating omnichannel distribution and digitizing policy administration and claims processes. The platform is distinguished by its modular and configurable nature, enabling insurers to adapt and innovate products efficiently. CoverGo leverages hundreds of open insurance APIs to enhance connectivity and automate various insurance operations, making it more flexible and adaptable than traditional systems. This approach supports insurance companies in their digital transformation efforts, helping them to operate more effectively and cost-efficiently.
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.
Pay Theory
Seed Round in 2022
Pay Theory is a payments platform designed to address the complex financial needs of various sectors, including education, healthcare, senior care, child care, government, property, and insurance. The company offers a financial infrastructure that facilitates digital payment access and integrated payment services, ensuring that families can easily connect with essential service providers. By providing solutions that accept multiple forms of payment, such as digital payments, electronic checks, and cash, Pay Theory aims to remove barriers related to money access and banking. This approach not only supports families in maintaining access to critical services but also creates new revenue opportunities for SaaS vendors within these industries.
Pendella Technologies
Seed Round in 2021
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.
Boxx Insurance
Series A in 2021
BOXX Insurance Inc. specializes in providing cyber insurance solutions for businesses and families, focusing on safeguarding against cyber threats. The company offers a comprehensive platform that integrates advanced technologies, data science, and expert underwriting to help clients manage their overall risk exposure. By emphasizing proactive measures, BOXX aims not only to protect its clients but also to enable them to predict, prevent, and effectively respond to potential cyber risks. Through its services, BOXX Insurance seeks to ensure that both individuals and organizations can maintain their digital safety and recover from cyber incidents.
Fenris Digital
Venture Round in 2021
Fenris Digital is a technology company based in Glen Allen, Virginia, that focuses on enhancing the customer acquisition and retention processes for property and casualty insurers. Founded in 2016, Fenris offers a cloud-based platform that integrates a suite of APIs designed to streamline workflows and improve underwriting efficiency. Their solutions include a proprietary data repository that matches applicants to in-house records and enriches data to assess customer propensity and credit risk. The company’s machine learning analytics engine refines predictive scoring, facilitating quicker and more accurate quoting processes. Fenris also provides TouchQuote, a mobile-first quoting platform, enabling insurers to deliver a seamless customer experience akin to leading e-commerce platforms. With coverage of 95% of the U.S. population and extensive data on households and businesses, Fenris empowers its clients, including agencies and carriers, to enhance conversion rates and optimize their marketing efforts.
Click2Sure
Venture Round in 2020
Click2Sure is a digital insurance platform that simplifies the buying and administration of insurance products. Founded in 2015, the company addresses the challenges customers face when purchasing insurance by integrating it into the buying experience at the point of sale. This approach allows retailers, service providers, distributors, and brokers to offer a variety of insurance products, including life, vehicle, personal, and medical insurance, seamlessly online. Click2Sure's software enhances accessibility and engagement, enabling businesses to interact with customers across multiple touchpoints. By automating the insurance process, the platform not only reduces administrative costs but also facilitates real-time reporting, allowing users to make informed decisions efficiently. Ultimately, Click2Sure aims to streamline the traditionally cumbersome insurance purchasing process, benefiting both customers and businesses.
Ansel
Seed Round in 2020
Ansel Health is a developer of a health insurance platform designed for employers to improve employee benefits through a straightforward supplemental health benefits plan. The company provides insurance services that offer cash payouts to individuals diagnosed with various conditions, including those related to COVID-19. This support helps alleviate financial burdens associated with serious health issues, ensuring that employees have access to necessary resources for recovery.
Fenris Digital
Seed Round in 2019
Fenris Digital is a technology company based in Glen Allen, Virginia, that focuses on enhancing the customer acquisition and retention processes for property and casualty insurers. Founded in 2016, Fenris offers a cloud-based platform that integrates a suite of APIs designed to streamline workflows and improve underwriting efficiency. Their solutions include a proprietary data repository that matches applicants to in-house records and enriches data to assess customer propensity and credit risk. The company’s machine learning analytics engine refines predictive scoring, facilitating quicker and more accurate quoting processes. Fenris also provides TouchQuote, a mobile-first quoting platform, enabling insurers to deliver a seamless customer experience akin to leading e-commerce platforms. With coverage of 95% of the U.S. population and extensive data on households and businesses, Fenris empowers its clients, including agencies and carriers, to enhance conversion rates and optimize their marketing efforts.
Sureify
Convertible Note in 2018
Sureify is a SaaS platform tailored for life and annuity insurance companies worldwide. It provides a comprehensive suite of digital customer engagement tools that enhance relationships among insurers, agents, and policyholders. The platform facilitates direct and agent digital sales, policyholder self-service, and effective marketing strategies, enabling life insurers to connect with customers throughout their lifecycle. Key features include consumer-facing web and mobile applications, automated messaging, an agent engagement console, and an analytics-driven dashboard for executive oversight. Sureify can seamlessly integrate with existing core and CRM systems, as well as contact center platforms, ensuring a smooth transition for insurers. The platform aims to increase customer loyalty and brand recognition by offering tools for upselling, cross-selling, and reducing churn. Supported by a dedicated Customer Experience team, Sureify focuses on best practices and effective digitalization for both enterprises and end-users in the life insurance sector.
Source Defense
Seed Round in 2017
Source Defense Ltd. specializes in website security software aimed at preventing attacks originating from third-party sources. Established in 2014 and headquartered in Rosh-ha’ayin, Israel, with additional offices in Beer-Sheva and Stamford, Connecticut, the company offers a real-time Software-as-a-Service platform. This platform empowers site owners to set and enforce permissions, receive real-time alerts, and monitor the behavior of third-party vendors on their sites. Source Defense provides tailored solutions for various sectors, including financial institutions, insurance companies, e-commerce, and content publishers. By focusing on prevention rather than detection, Source Defense helps organizations eliminate security concerns associated with third-party integrations, ultimately allowing them to concentrate on enhancing revenue opportunities while ensuring the safety and performance of their websites.
Sureify
Series A in 2016
Sureify is a SaaS platform tailored for life and annuity insurance companies worldwide. It provides a comprehensive suite of digital customer engagement tools that enhance relationships among insurers, agents, and policyholders. The platform facilitates direct and agent digital sales, policyholder self-service, and effective marketing strategies, enabling life insurers to connect with customers throughout their lifecycle. Key features include consumer-facing web and mobile applications, automated messaging, an agent engagement console, and an analytics-driven dashboard for executive oversight. Sureify can seamlessly integrate with existing core and CRM systems, as well as contact center platforms, ensuring a smooth transition for insurers. The platform aims to increase customer loyalty and brand recognition by offering tools for upselling, cross-selling, and reducing churn. Supported by a dedicated Customer Experience team, Sureify focuses on best practices and effective digitalization for both enterprises and end-users in the life insurance sector.
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