Nationwide Ventures

InsurTech: Infrastructure

Planck is an AI-based data platform for commercial insurance that transforms underwriting processes through real-time data insights. The platform enables insurers to instantly underwrite policies using just a business name and address. Planck's technology harvests and analyzes billions of data points from thousands of sources including public records, government databases, social networks, review sites, and business websites. The platform uses advanced AI capabilities including computer vision, natural language processing, and proprietary machine learning models to generate risk insights with 90% accuracy. In July 2024, Planck was acquired by Applied Systems, a major provider of cloud-based insurance management systems, to expand AI capabilities across Applied's global product portfolio.
The platform offers up to 800 customizable insurance-specific insights and can assign detailed NAICS codes to create comprehensive business risk profiles. Its proprietary entity matching algorithms verify relationships between businesses and information sources. The platform's SAGA search engine compiles all data used in its models, eliminating the need for underwriters to consult multiple external sources. Planck's business model involves charging carriers a percentage of premiums that pass through the platform rather than per-query fees. In September 2023, the company launched Planck PLUS, a generative AI-enhanced underwriting workbench that serves as a strategic toolkit and co-pilot for underwriters.

Sure provides a modular platform that digitizes multiple areas of the insurance value chain. Sure’s distribution module enables the generation of quotes using multiple data points and allows the policyholder to get onboarded instantly and customize coverage. The company’s policy module enables insurers to manage policy documents and carry out other administrative tasks digitally. The company’s claims module provides a fully digital claims platform starting from digital claim filing to disbursement of payments.In addition, Sure also provides modules to streamline processes with insurance agents and an application programming interface (API) to integrate with other financial reporting and analytics tools. The company also launched <a href="https://sp-edge.com/updates/25446">Quote Assist</a>, a GenAI tool that allows insurance agents to quickly generate and personalize quotes for consumers during the insurance purchasing process. This is available for all business lines on the Sure Platform.The company also offers customizable, go-to-market-ready insurance products paired with end-to-end SaaS technology and APIs called <a href="https://sp-edge.com/updates/26655">Anywhere Insurance</a>. This streamlines the insurance program development process and includes pre-configured products and rules, making the launch process of new insurance products more efficient.Key customers and partnershipsCompanies such as Farmers Insurance, Intuit, Assurant, and Chubb are among the key clients of Sure.Funding and financialsIn October 2021, the company raised USD 100 million in Series C funding, co-led by Declaration Partners and Kinnevik, valuing the company at USD 550 million. The new funds are intended to be used for developing new products and expanding into new markets outside the US, with a specific focus on Europe, Latin America, and Asia. The funds will also be used to expand its engineering team, which it hopes to triple in 2022.The company claimed that it is profitable and is generating annual recurring revenue in double-digit millions, as of October 2021.

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 Socotra provides a cloud-based platform that allows insurers and managing general agents (MGAs) to monitor and manage policy life cycles from underwriting, policy administration, claims, billing, and reporting. Its platform also includes a unified portal to seamlessly connect agents, brokers, customers, and insurance companies that help automate workflows, accelerate speed to market, increase engagement, and drive revenue. In addition, the company offers turnkey solutions for personal auto and homeowners insurance.&nbsp;
 
 
 It also offers an app marketplace that offers a range of pre-integrated software and data services for insurers. This ecosystem allows insurers to quickly access and implement apps from insurance software providers, which cover various aspects such as underwriting, policy administration, claims, billing, and reporting. The apps also seamlessly integrate with Socotra's platform.
 
 
 Key customers and partnerships&nbsp;
 
 
 The company has partnered with other InsurTechs to improve its offerings such as Gradient AI (in March 2022), a predictive analytics platform for underwriting and claims management, to offer improved risk assessments that could lead to reduced claim expenses, competitive pricing, and reduced turnaround times for users of its platform. In addition, it 
 <a href="https://sp-edge.com/updates/20198">
 collaborated with Tensorflight
 </a>
 (in July 2023), a digital property inspection platform that combines AI with aerial, satellite, and street view imagery, to provide better risk assessment and pricing. The latter would also join its marketplace as part of the partnership.
 
 
 Fundings and financials&nbsp;
 
 
 Socotra&rsquo;s last funding round was in March 2022, when it raised USD 50 million in Series C funding led by Insight Partners. It aimed to channel the funds toward expanding its product portfolio and its geographical presence across Europe and Australia. In addition, the company planned to develop its customer infrastructure and improve its ecosystem via the Socotra Marketplace.&nbsp;
 
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 Snapsheet provides a Software-as-a-Service (SaaS) solution for insurers to digitize their claims processing from First Notification of Losses (FNOLs) all the way to processing disbursements. The platform includes features such as real-time status tracking, payee engagement, financial reporting, and integration with banking platforms. Started under the name BodyShopBids and providing a marketplace for auto repairs that allowed customers to comparison shop by uploading photos of their vehicles, in 2012, the company pivoted to licensing its technology to insurers, enabling them to carry out appraisals virtually without having an agent on site.&nbsp;
 
 
 
 
 The company was forced to furlough 100 staff due to the downturn caused by the Covid-19 pandemic, but by March 2021, the company had reengaged 24 of those employees for a total headcount of 220 people with plans to expand its team by 170 over the next two years.
 
 
 Snapsheet has partnered with insurance startups such as Kin Insurance, Clearcover, and Branch Insurance to power their claims management systems and has also entered into cross-industry partnerships with car-sharing platform Getaround and salvage vehicle marketplace Insurance Auto Auctions (IAA). As of March 2021, the company claims to have processed millions of claims and more than USD 7 billion in appraisals for more than 100 clients including Zurich Insurance and the car rental company Hertz.
 
 
 In March 2021, the company raised USD 30 million in a Series E2 funding round led by Ping An Global Voyager Fund and Pivot Investment Partners. The company expects to use the funding to add new features to its claims management platform and grow its team.
 
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Nexar specializes in dash cams that enable new vision-based applications. Nexar’s core products include Nexar App and Nexar Dash Cams. Nexar Dash Cams are said to record the road and the cabin in up to 4K resolution, while the Nexar App shows the user’s video history, lets them see what’s going on in the car when they're not around, and sends smart alerts. It offers solutions for logistics, mapping, alternative data, cities, car insurance, autonomous vehicles, and parking. Nexar is a privately held company.

CLARA Analytics offers an AI-powered insurance claims platform, aimed at improving claims outcomes. Its core claims platform is called CLARAty.ai, which includes generative and predictive AI models developed specifically for casualty claims. Its platform includes several products: 1) Claims Document Intelligent Pro, 2) Triage, 3) Treatment, 4) Litigation, 5) Clara Fraud, and 6) Clara MSP Compliance.&nbsp;&nbsp;<a href="https://sp-edge.com/updates/32243">Claims Document Intelligent Pro</a> is an AI-powered tool that automates the review of claims documents, including legal demands and medical records. It can analyze thousands of pages in seconds, identify key information, and detect treatment patterns to assess risks, improving efficiency and reducing costs.CLARA Triage is an AI tool for claims professionals that predicts claim severity, identifies high-risk claims, and issues real-time alerts to help adjusters act proactively. It improves productivity, reduces costs, and enables faster resolution of simple claims.CLARA Treatment is an AI tool that scores healthcare providers to identify the best options for resolving workers' compensation cases quickly and effectively. It improves claim resolution times, enhances patient outcomes, and reduces costs by matching injured workers with the right providers.CLARA Litigation is an AI tool that analyzes attorney performance and provides insights to reduce the cost and impact of litigated claims. It offers strategic recommendations for case management and helps optimize attorney selection to support decision-making.<a href="https://sp-edge.com/updates/30120">CLARA Fraud</a> is an AI tool that analyzes large workers' compensation datasets to detect suspicious patterns and clusters of potentially fraudulent activity. It increases visibility into suspicious claims, supports SIU referrals, and reduces losses from undetected fraud.CLARA MSP Compliance is an AI tool that automates Medicare Secondary Payer (MSP) compliance by identifying Medicare beneficiaries, determining the need for Medicare Set-Asides, and assisting with mandatory reporting. It reduces compliance risks, improves accuracy, and saves costs in handling Medicare-related claims.In 2023, the company launched CLARAty.ai, a casualty claims intelligence platform using predictive and generative AI to support claims professionals. It provides insights, recommended actions, and advanced claim summaries to guide next steps, enhancing traditional systems and workflows.Key customers and partnershipsIts notable customers include Berkshire Hathaway Homestate Companies, AmTrust, Amerisure, and QBE.&nbsp;Moreover, the company was selected by Amazon in August 2024, as its technology partner to improve health and claim outcomes for its corporate workers' compensation claims.

New insurance models are disrupting a centuries-old industry with a focus on personalization and convenience

InsurTech: Personal Lines

Insurify offers a platform for customers to compare and purchase auto, home, pet and life insurance policies from top insurance carriers. The company uses patented AI technology and more than 100 real-time API integrations to offer accurate, real-time, and tailored quotes to customers. It is licensed to operate in all 50 states in the US.In <a href="https://sp-edge.com/updates/17336?industryIds=36">March 2023 </a>, the company acquired Inspop USA, LLC and its subsidiary, <a href="https://sp-edge.com/companies/181301">Compare.com </a>–a comparison platform for auto, home, and health insurance, for an undisclosed amount. Through the acquisition, it aimed to combine the two platforms under a larger entity to improve scale and realize benefits of the respective brands, platforms, and operations as well as strengthen its market position. Insurify will continue to maintain the Compare.com brand.Key customers and partnershipsAs of September 2021, Insurify had served over four million customers.The company partnered with Toyota Insurance Management Solutions in April 2021 to power the latter’s platform with its insurance shopping technology, which allowed Toyota customers to compare and purchase car insurance policies. Moreover, it <a href="https://sp-edge.com/updates/21982">partnered with Fletch</a> in September 2023, to add pet insurance policies to its platform, allowing users to shop for pet insurance via its website and mobile app.Funding and financialsIn September 2021, the company raised USD 100 million in a Series B funding round led by Motive Partners. It had planned to use the funds to expand its operations and accelerate its growth initiatives.As of March 2023, Insurify had sold insurance policies worth more than USD 200 billion in cover on its platform. It also claimed that it had achieved 50x revenue growth over 2016 to 2021.

Matic is a free insurance marketplace that allows its customers to compare coverage and rates from a network of more than 40 A-rated home and auto carriers and distribution partners in industries ranging from mortgage origination, servicing, and banking to automotive organizations, real estate, etc. The company’s agents are based in Columbus, Ohio and Phoenix, Arizona, and the insurance agency is fully licensed in all 50 states in the US.Customers are required to fill out an online form to get matched with the most suited carrier and to receive a quote, after which customers can review the quotes and compare coverage options and purchase the policy directly online by electronically signing an application or working with a licensed advisor over the phone. Insurance carriers pay Matic a commission when customers switch policies. Matic’s advisors are not paid based on the premium paid by customers.In October 2023, Matic reported that it has achieved an average revenue growth of more than 100% over the past five years. It also claims that its bottom line has improved by over 60%, driven by its recurring revenue model.Key customers and partnership&nbsp;Matic Insurance’s partners include top lenders, banks, and services providers, who are collectively responsible for processing 20% of US home loans. In <a href="https://sp-edge.com/updates/28660">April 2024</a>, it partnered with USA mortgages to integrate its property and casualty insurance marketplace into the latter's home lending platform.

A concentration of wealth and a willingness to adopt age-in-place technologies present new opportunities.

Age Tech

Founded in 2020, EasyHealth (formerly Medicare Advisors 365) offers an AI-driven guidance platform to connect seniors with Medicare Advantage plans, Medicare supplement plans, or Medicare partnered prescription plans. It also uses a proprietary analytics engine to assign health scores to Medicare members based on home assessments conducted by its team of doctors, nurses, and medical assistants. Key customers and partnershipsThe platform evaluates 30%–40% of Medicare Advantage plans, and the company provided services to more than 60 million members across the US as of 2023.&nbsp;EasyHealth serves various key customers primarily within the healthcare sector, such as hospitals, independent physician organizations, and accountable care organizations. Notable partnerships include collaborations with health plans to offer value-based care and in-home assessments.

New York-based Vesta Healthcare, formerly known as HT Health is a home-focused digital health platform. The company follows a “Homecareist” model supporting the needs of the elderly at home and providing real-time insights such as vitals to the rest of the care team from insurance providers and doctors to care managers. The company claims its program has proven that 88% of urgent alerts can be managed and resolved at home itself, resulting in a 30% reduction of emergency admission rates.Key customers and partnershipsAs of September 2024, Vesta Healthcare serves more than 50,000 people, offering services from home-based primary care to passive monitoring.In <a href="https://sp-edge.com/updates/36072">November 2024</a>, the company partnered with Medical Guardian, a medical alert device company, to enhance chronic care management and remote patient monitoring for Medicaid and Medicare members. The partnership integrated Medical Guardian's cellular-connected vitals monitoring devices and personal emergency response systems with Vesta Healthcare's 24/7 clinical oversight.&nbsp;In <a href="https://www.businesswire.com/news/home/20231219675802/en/Highland-Valley-Elder-Services-Partners-with-Vesta-Healthcare-a-specialized-virtual-home-based-care-provider-to-Support-Elderly-Home-Residents">December 2023</a>, Vesta Healthcare partnered with Highland Valley Elder Services to support elders with complex needs and chronic conditions, allowing them to remain in their home.&nbsp;

Autonomous and connected technologies shaping the future of the auto industry

Auto Tech

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 Israel-based Foretellix offers a development testing, verification, and validation platform for advanced driver assistance systems (ADAS) and autonomous vehicles. Its primary product &ldquo;Foretify,&rdquo; is an open platform that facilitates collaboration between development, safety, and verification and validation (V&amp;V) teams at OEMs and Tier-1 suppliers. It helps customers with defining requirements, early project designs, and over-the-air (OTA) updates. It also offers &ldquo;V-Suites,&rdquo; which is a library of V&amp;V test scenarios targeted at ADAS and autonomous vehicle functions.
 
 
 
 
 In October 2020, the company acquired Metamoto, a developer of a cloud-based solution for testing and validation of automotive software, to complement its product development.
 
 
 
 
 Key customers and partnerships
 
 
 Foretellix&rsquo;s customers include Volvo Group, DENSO Corporation, 
 <a href="https://sp-edge.com/updates/25191">
 Nuro,
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 and 
 <a href="https://sp-edge.com/updates/29175">
 Geely.
 </a>
 
 
 It also has partnerships with companies such as Jingwei HiRain, a Tier-1 provider and an automotive technology supplier in China, to accelerate the adoption of its Foretify platform in China (March 2021); dSPACE, a provider of simulation and validation solutions, to jointly develop simulation models (December 2021); 
 <a href="https://sp-edge.com/companies/311704">
 aiMotive,
 </a>
 a Hungary-based developer of modular self-driving technology and ADAS, to jointly develop solutions for ADAS validations and perception and planning for autonomous vehicles (October 2022); and NVIDIA, to introduce a new high-fidelity sensor simulation service 
 <a href="https://sp-edge.com/updates/27894">
 (March 2024).
 </a>
 
 
 Funding and financials
 
 
 <a href="https://sp-edge.com/updates/24629">
 In December 2023,
 </a>
 Foretellix closed a Series C funding round raising USD 85 million led by 83North. The company intended to utilize the funds for further product development (including integrating more GenAI technologies), scale up the business operations, and expand the team.
 
 
 
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Israeli startup Upstream Security provides a cloud-based centralized cybersecurity and analytics platform dubbed “AutoThreat,” for connected and autonomous vehicles. Its platform - pitched toward automotive OEMs, Tier-1/-2 suppliers, and mobility services providers - uses vehicle data to secure vehicles against cyberattacks and to generate data-driven actionable insights for insurance, predictive maintenance, business intelligence, etc. The company claims to be the first cloud-based solution that protects connected and autonomous cars from the cloud. It also <a href="https://sp-edge.com/updates/27764">integrates GenAI technologies </a>to facilitate the analysis and management of extensive cyber data and alerts. The company has offices and representatives in Israel, the US, Europe, and Asia.Key customers and partnershipsAs of February 2024, the company reportedly monitored 25 million vehicles worldwide.&nbsp;Upstream Security has technology partnerships with&nbsp;<a href="https://sp-edge.com/updates/35764">Google Cloud,</a> Arilou, Amazon Web Services (AWS), IBM, Karamba Security, Microsoft Azure, Salesforce, and Sital Technology and also maintains partnerships with managed security service providers (MSSPs) and system integrators such as Accenture, Atos, BT Security, Capgemini, Deloitte, Fujitsu, HCL Technologies, Hitachi, IBM, Nippon Telegraphic and Telephone, Orange, Tata Consulting Services, and Tech Mahindra.

Using technology to modernize money management

Wealth Management Platforms

Boldin is a digital-first financial planning platform that provides comprehensive financial planning tools and resources for individuals and enterprise partners. The platform's technology includes a proprietary modeling and AI-driven engine that considers thousands of scenarios, enabling users to perform holistic accumulation and decumulation planning with digital guidance. The platform analyzes users' financial health across more than 20 metrics through its Financial Wellness Dashboard, which grades users' status as excelling, progressing, or vulnerable. The company operates on a subscription-based model, offering a free basic planner service and a premium PlannerPlus subscription for USD 120 annually. Enterprise partners, including wealth managers, banks, and insurance companies, can utilize Boldin's APIs, planner, calculators, and advisor tools to develop white-labeled or co-branded platforms.
As of June 2023, users on the Boldin platform reported 94% more in retirement savings than the national average, with 74% of PlannerPlus users having a 90% or higher chance of retirement success on their baseline plan. The platform manages over USD 300 billion in assets through its direct-to-consumer product. The company rebranded from NewRetirement to Boldin in September 2024.
Key customers and partnerships
Boldin serves over 350,000 individual users directly, with millions more accessing the platform through enterprise partnerships. Notable enterprise clients include Nationwide and RTX, which offer Boldin's planner, calculators, and educational classes to their employees as financial wellness benefits. The company has partnerships with 10-15 RIA firms using the licensed platform and works with several technology-forward RIAs. The platform is also utilized by wealth managers, banks, and insurance companies for white-labeled or co-branded solutions.

Vestwell provides a cloud-native platform that enables employers to offer workplace savings programs. The company's technology infrastructure supports various savings programs including 401(k), 403(b), IRA, 529 College savings, ABLE disability savings, and Emergency Savings programs. Their platform processes payroll deductions, handles recordkeeping, and manages ongoing administration and compliance requirements for workplace savings plans. As of December 2023, Vestwell served over 350,000 businesses and more than one million active savers, with approximately USD 30 billion in assets saved across all 50 states. In July 2023, Vestwell expanded its offerings by acquiring Gradifi Solutions, a provider of student loan benefits programs, from Morgan Stanley. The company's platform features white-label capabilities, omnichannel service, and enhanced employer engagement tools. Vestwell achieved a three-year revenue growth of over 1,000% and projected to grow its ARR and volume by more than 100% in 2023.
In 2025, Vestwell plans to launch the TIAA Secure Income Account (SIA), a guaranteed lifetime income solution that will be available through target-date structures for 401(k) and 403(b) plans on its platform. The SIA will offer guaranteed interest for retirement savings and provide pension-like retirement income to help cover everyday living costs for retirees.
Key customers and partnerships
Vestwell has established significant partnerships with major financial institutions. In May 2023, the company partnered with J.P. Morgan Asset Management to power their Everyday 401(k) workplace savings platform for small businesses. The company also collaborates with financial institutions including Morgan Stanley, BNY Mellon, and Allianz SE. In January 2024, Vestwell expanded its partnership with J.P. Morgan Asset Management to broaden the distribution of Everyday 401(k) to financial advisors. The company has also formed partnerships with advisory firms including Commonwealth Financial Network and Cambridge.
In the public sector, Vestwell powers over 80% of live state auto-IRA programs in the US. The company serves as administrator to more than 30 state savings programs, including education savings accounts and ABLE programs. As of 2024, Vestwell is partnering with various states including Delaware EARNS, New Jersey's RetireReady NJ, and Rhode Island's RISavers program.

New data privacy regulations have opened up space for a new wave of compliance-focused startups.

Digital Privacy Tools

Mine provides a platform for users to manage their personal data, which it achieves by connecting to a user’s email inbox and analyzing subject lines to map all companies with which they have interacted. The company was founded in Israel by two staffers of the cybersecurity unit within the Israeli Defense Forces. Mine’s platform independently scans these companies’ data collection and privacy policies and provides a risk score. Through the platform, the user can send requests to companies asking them to delete any data stored involving the user, in line with the “right to be forgotten” stipulated within the GDPR. As of October 2020, Mine offered its platform for free but aimed to move to a subscription model with additional features.The company also offers MineOS, a data privacy and governance platform that provides end-to-end solutions for businesses to manage their data privacy, compliance, and AI governance needs. MineOS offers a suite of tools, including data mapping, data subject request (DSR) automation, consent management, and AI asset discovery. The platform utilizes AI and machine learning to provide automated, no-code solutions and integrates with popular platforms like Asana, WordPress, and Google Analytics to provide comprehensive data governance capabilities. The company's solutions help businesses comply with various data privacy regulations such as GDPR, CCPA, Colorado Privacy Act, and HIPAA.Key customers and partnershipsThe MineOS platform reportedly serves hundreds of customers across the US, Europe, the Middle East, and Asia. Notable clients include Reddit and HelloFresh.As of September 2024, the company reported it had more than 4 million individual users and claimed 40% of users reduced their footprint and online exposure.

Data Infrastructure & Analytics

Indico Data offers an AI-powered platform that processes unstructured data such as PDFs, images, handwritten notes, audio, videos, and emails. The platform uses composite AI technology, which combines deep learning, data, and algorithmic approaches to extract and analyze information from unstructured documents. Through its proprietary training data corpus, the platform can understand almost any document or image across more than 70 languages. The technology requires only about 200 documents to train a model for ultra-high accuracy, though with zero-shot capabilities, customers can begin seeing value with as few as 10 documents. As of February 2022, the platform processed more than 10 billion items annually. The company reported a 100% increase in annual recurring revenue and 149% growth in net revenue retention in 2021. Indico 5, launched in March 2022, introduced features like automatic document unbundling, staggered loop learning for continuous improvement, and universal document support for both text and handwriting. The platform has achieved a 97% implementation success rate, significantly higher than the industry average. Annual pricing starts at USD 300,000 and is based on document processing volume and specific settings such as number of users.

Enabling the health systems to seamlessly connect, exchange, and interpret shared data

Hospital Interoperability

Health Gorilla is a health information network and interoperability platform founded in 2014. The company's platform is built on the Fast healthcare Interoperability Resources (FHIR) standard, enabling secure exchange of actionable and aggregated clinical data across the healthcare ecosystem. Health Gorilla's suite of FHIR-based APIs allows digital health developers to integrate with their products, providing access to enterprise-grade clinical data, HIPAA-compliant user authentication, and a master patient index. The platform supports diverse clinical use cases, ensuring providers have timely access to comprehensive patient information from various sources, including electronic medical records (EMRs), pharmacies, and diagnostic labs.
Key customers and partnerships
In January 2023, Health Gorilla announced a partnership with DrFirst, enabling seamless access to patients' complete medication history data from major pharmacies through its Pharmacy Data product. This integration empowers care teams with actionable, longitudinal pharmacy data, leading to more informed care decisions and improved medication management.

Using real-time data to create dynamic virtual representations of the real world

Digital Twin

Nexar develops AI-powered connected dash cameras and software solutions for vehicles. The company's dash cameras record high-definition video footage of both the exterior and interior of vehicles, with models offering resolutions ranging from 1080p to 4K. Its products feature automatic incident detection, GPS tracking, parking mode surveillance, and cloud backup capabilities. The cameras connect to smartphones via WiFi and utilize an AI-powered mobile app that automatically saves important clips and allows users to access footage remotely. Nexar's product lineup includes several models like the Nexar One (featuring 4K resolution and LTE connectivity), Nexar Beam (a compact single-lens camera), and Nexar Pro (a dual-lens system for interior/exterior recording). The cameras use AI algorithms to detect collisions, hard braking events, and other incidents, automatically generating detailed reports with video evidence, location data, and speed information for insurance claims.
Key customers and partnerships
The company primarily serves individual drivers, ride-share operators, and commercial fleet operators. Nexar's technology particularly appealed to professional drivers, ride-share services like Uber and Lyft, and fleet management companies looking to monitor driver behavior and vehicle security remotely. The company also caters to parents monitoring teen drivers through its real-time alert and tracking capabilities.

Taking commercial activities to new heights

Commercial Drone Tech

Betterview is a property intelligence and risk management platform that leverages artificial intelligence (AI) and computer vision to help insurance companies identify and mitigate property risk. The company's platform analyzes aerial imagery and geospatial data to generate accurate property information, enabling insurers to automate pricing, underwriting, and renewals while focusing strategic action on critical properties.
Betterview's technology offerings include AI-powered detection of over 100 property attributes, predictive risk scores for roof conditions and weather-related perils, a historical image library for change analysis, and rapid post-catastrophe imagery. These solutions empower insurers with efficient underwriting, property condition identification, risk mitigation, and enhanced visualization of properties.
In December 2023, Nearmap, a leading provider of aerial imagery and location intelligence solutions, announced the acquisition of Betterview. This acquisition aimed to integrate Betterview's AI solutions into Nearmap's technology stack, enabling better visualization and interpretation of property data for insurance customers and partners.

Arqu is a financial services company that specializes in insurance services.

NewRetirement provides a retirement planning and management platform both direct to consumer and to the enterprise via white label or API. NewRetirement helps people manage retirement income, healthcare, lower taxes, and manage fees through content, software, coaching, classes and advisors.  The platform helps users optimize across Social Security, Medicare, Taxes, Home Equity, Income, Asset drawdown, Relocation, Work, and Estate Planning. Users can also access fee-only advice on-demand for collaborative planning to help them make and act on better decisions about their future.

CLARA Analytics improves claims outcomes in commercial insurance with easy-to-use AI-based products. The company’s product suite applies image recognition, natural language processing, and other AI-based techniques to unlock insights from medical notes, bills and other documents surrounding a claim. CLARA’s predictive insight gives adjusters “AI superpowers” that help them reduce claim costs and optimize outcomes for the carrier, customer and claimant. CLARA’s customers include companies from the top 25 global insurance carriers to large third-party administrators and self-insured organizations.

The Privacy, Governance & Compliance Operating System from Mine! As the #1 rated data privacy platform on G2, businesses prefer MineOS over the competition for its simplicity, unique automation, and ML-assisted features, which make quick work of compliance. Discover data quickly and thoroughly, highlight and act on relevant risks, manage data requests and customer consent beautifully, prevent breaches and ensure compliance stays effortless - with MineOS.

Since 2014, Matic has changed the landscape of the insurtech industry by integrating insurance within the home and auto ownership experience. Today, Matic’s digital insurance marketplace has 40+ A-rated home and auto carriers, as well as distribution partners in industries ranging from mortgage originations and servicing to banking, real estate, personal finance, and more. With a single-minded focus on advocating for policyholders, Matic has created an easy and transparent comparison shopping process, saving customers hours of work and over 30% in premiums each year.

Certificial is a real-time intelligent insurance verification platform designed to simplify the supplier management process by providing businesses with instant access to their supplier’s insurance coverage and automatic updates when changes to their coverage occur. The Certificial API integrates directly with brokers’ APIs as well as AMS providers, offering a seamless experience and accessibility for large and small Agents and Brokers alike with no associated costs to Insurers.

Mitiga Solutions provides climate risk intelligence that combines science, AI, and high-performance computing. We help customers analyze, report, and act on their business exposure to climate risk through﻿ our self-serve platform EarthScan™ and our risk models.  Our mission is to make the world a more resilient place under a changing climate. Mitiga is headquartered in Barcelona, Spain, and backed by Kibo Ventures, Microsoft Climate Innovation Fund, Nationwide Ventures, CREAS Impacto, and Faber.

Betterview is a property intelligence platform that assists property insurers in analyzing, scoring, managing, and monitoring property risk.  Betterview improves the customer experience by accelerating decisions and improving risk at every point of the lifecycle. Betterview combines geospatial data sources, interprets them using proprietary ML technology, and converts the resulting insights into understandable and actionable insights.

Socotra is a technology platform that builds a modern cloud-based platform for technology-driven insurers. Its platform is built from the ground-up using the latest technologies to be transparent, reliable, flexible, and secure. It aims to provide insurers with a modern, enterprise-grade core system that enables them to rapidly develop and distribute products that better serve their customers. Socotra was founded in 2014 and is headquartered in San Francisco, California.

Health Gorilla is a Federally Qualified Health Information Network and California QHIO providing permitted access to patient-centric data. Our commitment is to promote national clinical interoperability while ensuring consumer privacy by adhering to the Cures Act and Trusted Exchange Framework Common Agreement (TEFCA).

EasyHealth is connecting health coverage and care to improve health outcomes, rebuilding healthcare around people and data.

Foretellix is enabling the digital transformation of safety-critical automotive verification. Foretellix’s solutions scale to meet the challenge of verifying the safety of today’s increasingly complex automated driving systems, thus reducing risks, cost, and time to market. Foretellix was founded by a team of pioneers in measurable verification and validation combined with a highly automated and proven coverage-driven verification methodology broadly adopted in the semiconductor industry. They have adapted and tailored their approach for the safety verification and validation of ADAS and autonomous vehicles.

Insurify is an internet company that features a software platform that specializes in car insurance. Their software platform utilizes artificial intelligence, language processing, and chatbots to provide personalized recommendations that help its users decide about their car insurance.

Upstream Security provides a cloud-based data management platform purpose-built for connected vehicles, delivering unparalleled automotive cybersecurity detection and response (V-XDR) and data-driven applications. The Upstream Platform unlocks the value of vehicle data, empowering customers to build connected vehicle applications by transforming highly distributed vehicle data into centralized, structured, contextualized data lakes. Coupled with AutoThreat® Intelligence, the first automotive cybersecurity threat intelligence solution, Upstream provides industry-leading cyber threat protection and actionable insights, seamlessly integrated into the customer’s environment and vehicle security operations centers (VSOC). Upstream’s customers include some of the world’s leading automotive OEMs, suppliers, and others, protecting millions of vehicles.

Vestwell develops a digital savings platform to create a retirement plan for employees. It offers automated retirement investing options for RIAs depending on the rules and regulations and other defined contributions to companies and their employees to help advisers engage with their clients with compliance and automation.

Indico Data develops machine learning tools that automate the extraction and analysis of unstructured data. The tools enable users to process information from documents, images, and other non-standard formats. The focus is on facilitating access to relevant data for various applications.

Planck is a commercial insurance data platform, built to enable insurers to instantly and accurately underwrite any business. Its technology platform aggregates and mines massive datasets, using artificial intelligence to automatically generate and deliver key insights, customized to the commercial underwriting process. Its platform brings automation and intelligence to the underwriting process.

Nexar creates powered dash cams that enable new vision-based applications for better driving. Nexar's mission is to reduce the chance of collisions and to make the road safer for everyone. Like a school of fish or a flock of birds, we want to get every car on the road moving safely and smoothly together.  Using a Nexar-powered dashcam, AI, and inter-vehicle networking, Nexar makes every car a smart car and is building the world’s first safe driving network.

Founded by serial entrepreneur David Selinger, Deep Sentinel is betting that its emphasis on user experience can provide needed differentiation in the crowded space.  The company is producing a series of cameras powered by deep learning that can evaluate threats on a property.  This is the same technology that automakers are using for self-driving cars and companies like Facebook use to identify people and objects within your photos.  The system is designed to consume video streams and other contextual information to analyze threats facing a home.

Vesta Healthcare is an industry-leading technology and clinical services organization, dedicated to connecting caregiver insights to the rest of the care team. Vesta Healthcare proactively identifies the need for additional resources in the home and provides 24/7 telehealth support for caregivers and care recipients, with a focus on high-need, frail senior populations. Vesta partners with home care agencies, health plans and providers to create value-based population health programs that emphasize clinical quality, improved health outcomes and personalized engagement. Vesta Healthcare is headquartered in New York, NY.

Snapsheet is a cloud-native claims management software that delivers claims experiences through its tech-enabled appraisal services. With a focus on engagement, digitization, and intelligent automation, Snapsheet provides unmatched technology and processes that improve customer experience, drive greater organizational agility, and deliver transformational benefits through its Snapsheet Cloud software suite. The company also helps the industry with claims innovation, including the deployment of the fastest digital auto insurance claims process in the United States. As a trusted innovation partner, Snapsheet works with more than 100 clients, including many of the largest insurance carriers, third-party administrators, and insurtech and sharing economy disruptors.

Sure, an insurance technology company, powers digital insurance programs for the world's most recognized brands and carriers. Its enterprise SaaS Platform and APIs accelerate digital transformation and embedded insurance distribution without the need for additional IT resources. Sure streamlines all aspects of digital insurance sales and service with features designed for each phase of the insurance lifecycle.

Founded by several Financial Advisors that had spent 15 years managing money for very wealthy clients, blooom has become of the nation’s fastest growing robo-advisors with a specific focus on helping any American with a workplace retirement account like a 401k or 403b. Blooom is a Registered Investment Advisor with the SEC, and aims to scale fiduciary best practices on low fees, and appropriate asset allocation and diversification, to millions of Americans who have workplace retirement accounts, yet no access to a financial advisor and no desire to ''DIY it.''

Nationwide Ventures invests in startups, pilots new technologies, and tests new solutions and business models. We focus on delivering next-generation experiences for Nationwide’s customers by exploring leading-edge topics from analytics and automation technology to new insurance and financial services platforms.

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