BrokerTech Ventures Announces $34 Million BrokerTech Fund

News

May 2, 2023

BrokerTech Ventures Announces $34 Million BrokerTech Fund

Join Our Newsletter

DES MOINES, Iowa, May 2, 2023 /PRNewswire/ — BrokerTech Ventures (BTV), the industry’s first broker-led convening platform and accelerator program, has partnered with leading insurtech venture capital investor ManchesterStory Group (ManchesterStory) to launch the BrokerTech Fund, LP, the first venture capital fund focused on early-stage insurtech companies developing broker-centric technology solutions. Limited Partners of the $34 million Fund include Holmes Murphy, M3 Insurance, Baldwin Risk Partners, UNICO Group, IMA Financial Group, Christensen Group, and The Graham Company.

Visit Press Release

Join Our Portfolio

Connecting Exceptional Entrepreneurs to Strategic Capital & Relationships

See Portfolio

Latest Insights

All Insights

News

Cowbell Closes $60M Series C Round

I [Jack Kudale] am thrilled to announce that we have successfully closed our Series C funding round, raising $60 million from Zurich to accelerate our growth and bolster our cyber resilience services. This is a significant milestone and I am excited about our next chapter and the opportunities ahead.

News

Announcing the Evolution of Trusty.care to Circle—Where Healthcare Comes Full Circle

Trusty.care announced a significant company milestone —a transition that marks a name change and an expansion of its mission and business capabilities. Trusty.care has evolved into Circle, a name that reflects the company’s broadened focus and commitment to providing comprehensive healthcare solutions while leveraging new technologies to have a greater impact on the insurance industry.

News

Simplicity Acquires Plum Life and Launches LifeLink™, a Digital Life Insurance Platform that Automates the Delivery of Much-Needed Protection

Simplicity Group Holdings, Inc. ("Simplicity"), a leading financial products distribution firm, today announced the launch of Simplicity LifeLink™ a life insurance sales platform that transforms and expedites the way insurance is purchased. Simplicity is launching LifeLink™ after its successful acquisition of Plum Life Inc. and is pleased to announce that Plum Life's co-founders, Manish Bhatt, Sanjay Mehra, Rahim Rajpar, and Amir Weiss, have become Simplicity's newest partners.

News

Rainwalk Pet Insurance Raises $4 Million Led by ManchesterStory

Rainwalk Technology, the leading white-label pet insurance technology provider, today announces $4 million in Seed funding led by ManchestorStory with participation from Insurtech Gateway, Bridge Investments, Seaplane Ventures, and several insurance and reinsurance executives. The capital will fuel investments in people, product, and technology that will power partnerships and initiatives that further differentiate Rainwalk’s pet health ecosystem in the marketplace.

News

ManchesterStory’s Nicole Gunderson shares her steps from investment banking to working with startups and venture capital

Nicole Gunderson reflects on her journey that led her to her current role at ManchesterStory.

News

Wisedocs Raises $9.5 Million in Oversubscribed Series A Financing

Introducing ManchesterStory's newest portfolio company, Wisedocs! Wisedocs is the medical record indexing, review, and AI summaries software platform for insurance carriers, healthcare providers, law firms, and TPAs for the claims industry. Wisedocs serves the auto, liability, disability, workers’ compensation, tort law, and similar markets. Wisedocs provides an easy-to-integrate solution for improved accuracy and speed to deliver improved outcomes in processing medical records. Wisedocs raised $4.1M in an oversubscribed seed round in 2022 and launched their game-changing Summaries platform in 2023. Launched in 2021, and expanded across North America, Wisedocs is at the forefront of change in the claims ecosystem.

News

2024 InsurTech Event Calendar

2024 InsurTech event calendar

Blog

ManchesterStory Launches Industry Newsletter "STORIES"

ManchesterStory launches newsletter

News

Betterview acquired by Nearmap

ManchesterStory is thrilled to share that our Fund I portfolio company Betterview is being acquired by Nearmap!

News

BrokerTech Ventures Announces $34 Million BrokerTech Fund

News

Property risk intelligence provider Betterview secures funding

Betterview, an InsurTech that provides property risk intelligence, has closed a round of funding. The round was led by existing investors EMC Insurance, Guidewire Software, Nationwide, MaidenRE, and ManchesterStory. Betterview is a provider of actionable intelligence to property and casualty (P&C) insurance companies.

News

OMERS Ventures Leads Series A in Joyn Insurance Services

Insurance technology company Joyn Insurance Services Inc. announced that it exceeded its fundraising target with a US$ 17.7 million Series A funding round led by OMERS Ventures with participation from Avanta Ventures, ManchesterStory, Cohen Circle, SiriusPoint, and several private individual investors. Joyn Insurance Services Inc. is a Delaware-domiciled, licensed producer and general agent that operates under its “Joyn”TM and “Joyn Insurance”TM brands. Launched in July 2021, Joyn Insurance integrates insurance, data, and technology expertise. Joyn offers E&S coverage for property, general liability and excess for companies across more than 700 NAICS codes in 36 states and Washington, D.C. Representatives from OMERS Ventures, ManchesterStory and Avanta Ventures will also be joining the Board of Directors of Joyn Insurance.