$12M sweet spot round size
Most of their 16 investments are in rounds between $4M and $17M
2015
Zendrive raised $37M on August 20, 2019
Investors: Nyca Partners, ACME Capital, SignalFire and XL Innovate
Embroker raised $28M on December 1, 2018
Investors: Manulife Financial, Bee Partners., MTech Capital, Nyca Partners, Tola Capital, Canaan and XL Innovate
Slice Insurance raised $20M on September 26, 2018
Investors: Grupo SURA, Sompo Japan Nipponkoa Insurance Inc., Veronorte, Horizons Ventures, JetBlue Ventures and XL Innovate
Windward raised $17M on July 1, 2018
Investors: XL Innovate
Slice Insurance raised $12M on October 5, 2017
Investors: Horizons Ventures, Sompo Japan Nipponkoa Insurance Inc. and XL Innovate
Pillar Technologies, Inc. raised $2.8M on September 1, 2017
Investors: Hyperplane Venture Capital and XL Innovate
Undisclosed raised $4M on June 14, 2017
Investors: Aleph and XL Innovate
Notion (getnotion.com) raised $10M on June 13, 2017
Investors: Vaidya Capital Partners, Mesh Ventures, Service Provider Capital, DNX Ventures, Translink Capital and XL Innovate
Undisclosed raised $4M on December 15, 2016
Investors: XL Innovate
Lemonade raised $34M on December 5, 2016
Investors: Counterpart Advisors VC, GV, General Catalyst, Thrive Capital, Aleph, Generation Ventures, Tusk Ventures and XL Innovate