X

XL Innovate

10 employees

XL Innovate is a leading global insurtech venture capital firm.

Investor insights

Sectors invested in

Insurance10
InsurTech9
Information Technology5
Financial Services5
FinTech5
Internet of Things4
Analytics4
Software4
Artificial Intelligence4
Big Data4
Security4
Technology4
Home Improvement3
SaaS3
Smart Home3
Wireless3
Mobile Apps3
Real Estate3
Risk Management3
Construction3

Funding rounds participated in

$12M sweet spot round size

Most of their 16 investments are in rounds between $4M and $17M

Investor type

Venture Capital

Basic info

Industry

venture capital & private equity

Sectors

Commercial Insurance
Insurance
InsurTech
Property Insurance
Risk Management

Date founded

2015

Investments made

Z

Zendrive raised $37M on August 20, 2019

Investors: Nyca Partners, ACME Capital, SignalFire and XL Innovate

E

Embroker raised $28M on December 1, 2018

Investors: Manulife Financial, Bee Partners., MTech Capital, Nyca Partners, Tola Capital, Canaan and XL Innovate

S

Slice Insurance raised $20M on September 26, 2018

Investors: Grupo SURA, Sompo Japan Nipponkoa Insurance Inc., Veronorte, Horizons Ventures, JetBlue Ventures and XL Innovate

W

Windward raised $17M on July 1, 2018

Investors: XL Innovate

S

Slice Insurance raised $12M on October 5, 2017

Investors: Horizons Ventures, Sompo Japan Nipponkoa Insurance Inc. and XL Innovate

P

Pillar Technologies, Inc. raised $2.8M on September 1, 2017

Investors: Hyperplane Venture Capital and XL Innovate

U

Undisclosed raised $4M on June 14, 2017

Investors: Aleph and XL Innovate

N

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

U

Undisclosed raised $4M on December 15, 2016

Investors: XL Innovate

L

Lemonade raised $34M on December 5, 2016

Investors: Counterpart Advisors VC, GV, General Catalyst, Thrive Capital, Aleph, Generation Ventures, Tusk Ventures and XL Innovate

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