
IA Capital Group
Description
IA Capital Group is a prominent New York-based private investment firm specializing in venture and growth equity investments within the InsurTech and FinTech sectors. Established in 1992 as Inter-Atlantic Group, the firm has built a long-standing reputation as a leading independent investor in companies leveraging technology to innovate across insurance and financial services. Their investment thesis centers on identifying and supporting businesses that offer disruptive solutions, improve efficiency, or create new market opportunities in these highly regulated industries.
IA Capital Group employs a flexible investment strategy, deploying capital across various stages, from early-stage startups to more mature growth companies. They are known for their hands-on approach, leveraging deep industry expertise and a vast network to support portfolio companies in areas such as strategic planning, business development, and talent acquisition. The firm often takes a lead or co-lead position in funding rounds, indicating a commitment to significant initial investments and a desire for active participation in their portfolio companies' growth trajectories.
A key indicator of their capacity and focus is their recent fund activity. For instance, IA Capital Group closed IA Capital Fund V in 2021, securing $150 million in capital commitments. This substantial fund allows them to make meaningful investments. While specific check sizes can vary based on stage and opportunity, the firm typically deploys initial checks ranging from approximately $5 million for earlier-stage venture rounds to as much as $25 million for growth equity investments in more established companies. Their portfolio includes notable companies like Policygenius, Hippo, and Vestwell, demonstrating their track record in backing successful ventures that are transforming the financial and insurance landscapes.
Investor Profile
IA Capital Group has backed more than 82 startups, with 1 new investments in the last 12 months alone. The firm has led 42 rounds, about 51% of its total and boasts 21 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series B, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States, Canada, Bermuda.
- Strong thematic focus on Financial Services, Insurance, InsurTech.
- Typical check size: $5M – $25M.
Stage Focus
- Series A (32%)
- Series B (17%)
- Series Unknown (12%)
- Series C (12%)
- Seed (12%)
- Series D (6%)
- Series E (2%)
- Series F (1%)
- Private Equity (1%)
- Series G (1%)
Country Focus
- United States (93%)
- Canada (4%)
- Bermuda (2%)
- Ireland (1%)
Industry Focus
- Financial Services
- Insurance
- Insurtech
- Fintech
- Finance
- Payments
- Software
- Credit Cards
- Information Technology
- Risk Management
Frequently Asked Questions
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