Global Insurance Accelerator

company

About

A mentor-driven accelerator designed to foster innovation in the insurance industry through startups targeting the global insurance markets.

  • 1 - 10

Highlights

Details

Industries
Angel Investment,Financial Services,Insurance
Founded date
Dec 1, 2014
Number Of Employee
1 - 10
Operating Status
Active
Investor Type
Accelerate

The Global Insurance Accelerator is a mentor-driven accelerator designed to foster innovation in the insurance industry through startups targeting the global insurance markets.

With support and funding from seven Central Iowa insurance companies, the accelerator welcomed a class of 6 companies in February 2015. The startups were given access to over 80 mentors through a speed-dating-like process that resulted in the startups selecting 3-8 Lead Mentors to help them during their time in Des Moines and beyond.

Each startup received $40K of seed money in exchange for 6% equity in their company. The program wraps up after 100 days by giving each startup exposure and promotion at the Global Insurance Symposium. The 2015 class included Iowa companies from Des Moines and Ames and outside Iowa from Omaha, San Jose, Rio de Janeiro (Brazil) and Berlin (Germany).

Investments

Number of Investments
Number of Lead Investments
2
0
Global Insurance Accelerator has made 2 investments. Their most recent investment was on Jan 27, 2021, when Rainwalk Technology raised $225K.
Date Company Name
Round Money Raised Industry Lead Investor
Pre-seed $225K FinTech
Jan 17, 2017 RE-Sure Inc
Pre-seed $40K Apps