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IA Capital Group

North America, New York, United States, New York

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
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does IA Capital Group frequently co-invest with?

Nationwide Ventures
North America, Ohio, United States, Columbus
Co-Investments: 6
Fin Capital
North America, California, United States, San Francisco
Co-Investments: 4
Liberty Mutual Strategic Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 3
TTV Capital
North America, Georgia, United States, Atlanta
Co-Investments: 4
MS&AD Ventures
North America, California, United States, Menlo Park
Co-Investments: 4
Blue Bear Capital
North America, California, United States, Los Angeles
Co-Investments: 5
Globespan Capital Partners
North America, Massachusetts, United States, Boston
Co-Investments: 4
American Family Ventures
North America, Wisconsin, United States, Madison
Co-Investments: 4
Menlo Ventures
North America, California, United States, San Francisco
Co-Investments: 5
Inventus Capital Partners
North America, California, United States, San Mateo
Co-Investments: 4

Which angels does IA Capital Group often collaborate with?

LB
North America, California, United States, San Francisco
Shared Deals: 1
FG
North America, New York, United States, New York
Shared Deals: 1
GH
North America, New York, United States, New York
Shared Deals: 1
Mitch Steir
North America, New York, United States, New York
Shared Deals: 1
RG
North America, Connecticut, United States, Greenwich
Shared Deals: 1
JC
North America, New York, United States, New York
Shared Deals: 1
ML
North America, California, United States, San Francisco
Shared Deals: 1
BD
Europe, England, United Kingdom, London
Shared Deals: 1
BM
North America, Massachusetts, United States, Boston
Shared Deals: 1
CT
North America, California, United States, Los Angeles
Shared Deals: 1

What are some of recent deals done by IA Capital Group?

Retirable

New York, New York, United States

Retirable is a financial services technology company specializing in retirement planning, advising, and income generation.

Financial ServicesRetirement
Series AJul 16, 2025
Amount Raised: $10,000,000
Delos Insurance

San Francisco, California, United States

Delos is a digital property insurance provider for customers in high catastrophe risk regions.

Computer VisionFinancial ServicesInsuranceInsurTechPredictive AnalyticsProperty Insurance
Series AOct 31, 2024
Amount Raised: $9,000,000
Summit

Kelowna, British Columbia, Canada

Summit is an insurance brokerage and risk management agency.

SeedApr 4, 2024
Amount Raised: $3,500,000
PayGround

Gilbert, Arizona, United States

PayGround makes healthcare bill-pay simple by getting providers and patients on the same payment platform.

FinTechHealth CareMobile PaymentsPaymentsPoint of SaleSoftware
Series ANov 28, 2023
Amount Raised: $19,700,000
Matic Insurance

Columbus, Ohio, United States

Matic is a technology-driven insurance agency that provides home, auto, umbrella, and pet insurance services.

FinanceFinancial ServicesInsuranceInsurTechProperty Insurance
Series BOct 11, 2023
Amount Raised: $20,000,000
Boost

New York, New York, United States

Boost’s API-driven infrastructure makes it easy for any company to increase customer value by offering embedded insurance.

Financial ServicesFinTechInsuranceInsurTech
Series UnknownOct 3, 2023
Delos Insurance

San Francisco, California, United States

Delos is a digital property insurance provider for customers in high catastrophe risk regions.

Computer VisionFinancial ServicesInsuranceInsurTechPredictive AnalyticsProperty Insurance
SeedSep 14, 2023
Amount Raised: $7,300,000
Frontier Risk

Westport, Connecticut, United States

Frontier Risk is the first tech-enabled insurance solution and brokerage for the cannabis sector led by former cannabis executives.

CannabisInsuranceRisk Management
SeedAug 31, 2023
Amount Raised: $3,100,000
Certificial

Holly Springs, North Carolina, United States

Certificial is a real-time intelligent insurance verification platform designed to simplify the supplier management process.

Financial ServicesInsuranceInsurTechRisk Management
Series BJul 12, 2023
Amount Raised: $15,000,000
Driver Technologies

New York, New York, United States

Driver is a hardware-free mobile app that allows users to video record their trip while receiving safety alerts.

AppsMobile AppsSocial MediaVideo
Series UnknownJun 8, 2023
Amount Raised: $6,000,000