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Key people at Transverse Ventures Fund.
Transverse Ventures operates as a venture capital firm dedicated to investing in early-stage insurance and adjacent technologies. Leveraging the specialized knowledge and capabilities of its parent, MS Transverse, a specialty insurer, the firm provides strategic capital and operational expertise. It actively supports companies developing innovative solutions that impact various facets of the insurance value chain, from underwriting to claims and customer engagement.
Transverse Insurance Group, the parent company, was established in 2018 by Erik Matson and David Paulsson. Their founding insight was to create a flexible platform for connecting managing general agents with the global reinsurance market through fronting services. Matson and Paulsson brought significant experience in the insurance sector, laying the groundwork for a venture arm that could strategically invest in the technological evolution of the industry.
The firm's portfolio companies are typically early-stage innovators within the insurtech space, seeking not only capital but also strategic guidance and access to an extensive network of industry partners. Transverse Ventures’ long-term vision is to drive forward the modernization of the insurance landscape, fostering new approaches to risk management and enhancing operational efficiencies across the sector.
Key people at Transverse Ventures Fund.
Transverse Ventures Fund has 2 tracked investments across 1 company. The latest tracked deal is $12.0M Series A in Amplify Life Insurance in January 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 1, 2022 | Amplify Life Insurance | $12.0M Series A | Crosslink Capital, Greycroft | Emergence Capital, Rally Ventures, Anthemis, Conversion Capital |
| Jul 30, 2021 | Amplify Life Insurance | $2.5M Seed | Anthemis | — |