Guidewire Ventures
We are the strategic venture capital arm of Guidewire Software, the world’s premier core systems provider to the property and casualty insurance industry. We invest primarily in early-stage software, data, and analytics companies who are reshaping the insurance landscape with a focus on improving carrier outcomes and working within the Guidewire ecosystem.
Current Portfolio Companies
Akur8
Akur8 is a cloud-based provider of end to end pricing analytics software for insurance carriers.Amplo
Amplo offers a cloud native agency management software for independent insurance agencies, carriers, and MGAs.CHAMPtitles
CHAMPtitles digitizes the vehicle titling exchange process across insurers, state governments, lenders, auto dealers, and consumers with its blockchain infrastructure.CLARA Analytics
CLARA Analytics reduces loss costs in commercial insurance with easy-to-use, AI-based claims analytics products.FRISS
FRISS provides AI-powered, end-to-end fraud prevention and detection solutions for P&C insurers worldwide to stay compliant, make insurance more honest, grow and maintain healthy portfolios, and increase customer satisfaction.HOVER
HOVER helps insurers reduce property claim cycle times and improve policyholder satisfaction by leveraging up-to-date photos and detailed property measurements to create accurate claim estimates.Indico Data
Indico Data is an AI-powered intelligent intake solution for document processing.Shift Technology
Shift Technology delivers AI-driven decision automation and optimization solutions for insurance companies, enabling faster, more accurate claims and policy resolutions.Sixfold
Sixfold is a GenAI platform purpose-built for insurance underwriting.
Previous Investments
EvolutionIQ
(Acquired by CCC Intelligent Solutions) EvolutionIQ provides an AI-based claims guidance platform that increases the efficiency and accuracy of claims that involve bodily injury.Flyreel
(Acquired by LexisNexis Risk Solutions) Flyreel provides AI-assisted inspection solutions for the underwriting and claims management of residential and commercial property.Betterview
(Acquired by Nearmap) Betterview’s remote property intelligence platform leverages aerial imagery and computer vision technology to provide insurers with actionable insights on property risk for quoting, underwriting, claims, and catastrophe modeling use cases.Imburse
(Acquired) Imburse connects insurers to multiple PSPs and payment-related services, enabling them to seamlessly connect to a wide range of payment providers, for both collections and payout without the need for long, costly, and complex integrations on property risk for quoting, underwriting, claims, and catastrophe modeling use cases.
For the team here at Betterview, partnering with Guidewire was a no-brainer. As a company focused on improving the P&C insurance experience for agents and customers, we found a lot of alignment between Guidewire’s mission and our own. The future of P&C lies in investing in both better technology and a better focus on the customer. Guidewire understands that intuitively and embodies it in their business practices. We couldn’t be prouder to be working alongside them.
David Lyman
CEO, Betterview
Our Investment Strategy
Domains
Vertical SaaS focused on the insurance value chain in areas such as underwriting, claims, payments, and data or analytics.Lines of Business
Primarily property and casualty focus across personal and commercial lines or well-developed use cases in P&C.Stages
Series Seed and later with a focus on ARR in excess of $1M.Geographies
Global with an emphasis on the U.S.Intent
Strong willingness to work within the Guidewire ecosystem to deliver value to 540+ carrier customers.
Meet the Team
Jay Grayson
Sabrina Hou
Chris Lin
Frequently Asked Questions
- We are focused on leveraging our scale and open platform to foster innovation in the insurance market.
- We are stage-agnostic but target at least one shared customer in a production environment.
- Although we typically co-invest with a lead, we will consider leading in certain circumstance.
- Yes, we participate in follow-on rounds.
- No, we invest in companies off our balance sheet.
- It varies significantly depending on the size and structure of the round. We participate in seed through pre-IPO rounds.
- Yes, we have invested outside the US.
- No, we do not require board representation.
- We have a standard diligence process covering financials, technology, customer references, and more. We have the ability to move quickly depending on the needs of the company.
More Resources
4 Key Technology Trends Reshaping P&C Insurance in 2024
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