XL Innovate is a california based venture capital firm investing in companies in the global insurance industry. Founded in 2015, it focuses on early-stage companies involved in financial information and technology specializing in property and casualty insurance. It seeks to invest in in-house companies that address emerging and undeserved risk, disruptive new insurance models, and high-value insurance data and analytics company. As of December 2019, the firm has made 18 investments with 10 portfolio companies and one exit. Its prominent portfolio companies include Zendrive, Embroker, Lemonade, Stonestep and Slice Labs.
An insurance technology company using artificial intelligence and behavioural economics to offer home and renters insurance.
Notion is a Denver-based company founded by Brett Jurgens.
A company offering an on-demand insurance marketplace.
Zendrive is a smartphone-based data analytics and transportation safety platform.
Pillar Technologies is a Somerville, Massachusetts-based company founded in 2015 by Matthew Joyal.
Windward is an artificial intelligence company founded by Ami Daniel.
GeoQuant is an artificial intelligence company founded in 2016.
UK and European Representative
Senior Vice President & General Counsel