
Insurtech NY
UnclaimedAt a Glance
- Check Size
- $100K – $500K
- Stage
- Pre-Seed, Seed
- AUM
- $25M
- Sectors
- Fintech, AI, SaaS
- Founded
- 2019
- HQ
- New York, NY
About Insurtech NY
Insurtech NY is a specialized accelerator and investment platform dedicated exclusively to insurance technology startups, founded in 2016 to address the growing need for innovation within the insurance industry. Based in New York City, the firm operates both an accelerator program and makes direct investments in early-stage companies developing solutions across the insurance value chain, from underwriting and claims processing to distribution and customer experience. The platform provides startups with access to industry expertise, mentorship from insurance executives, and connections to potential corporate partners and customers within the insurance ecosystem. Insurtech NY's accelerator program typically runs cohorts of selected startups through intensive development periods, offering both funding and strategic guidance tailored specifically to the unique challenges of insurance technology. The firm has built strong relationships with major insurance carriers, brokers, and industry stakeholders, enabling portfolio companies to pilot their solutions and scale within established insurance networks. This focus on industry-specific expertise and partnerships distinguishes Insurtech NY from generalist accelerators, providing startups with deep domain knowledge and access to the traditionally relationship-driven insurance market.
Investment Thesis
“Accelerating innovation in the insurance industry by investing in and supporting early-stage insurtech startups.”
Leadership Team
InsurTech NY was co-founded by Tony Lew and David Gritz, who both serve as managing directors and run the platform and the fund together. Their positioning is access rather than capital: the organisation's value to a management team is the carrier and broker relationships it can convene, and the fund is the mechanism for taking a position in companies that emerge from that funnel.
The investment side is led by Sokhiba Mukhitdinova as investment principal, with Vanessa Fajardo as investment analyst and Julia Ju as research analyst. Aaron Caton manages the innovation programme that connects carriers and brokers to startups, Tyrel McAllister works as market strategist, Eliza Victorio as operations analyst and Roi Hansraj as strategic advisor. The firm also carries a venture partner bench of Tarun Chopra, Ting Lin and Isaac Espinoza, extending underwriting capacity into specific insurance sub-sectors. The team works from 895 Broadway in Manhattan.
Sector Focus
Investment Stage
Notable Portfolio Companies
Fund History
InsurTech NY was founded in 2019 as a convening platform for carriers, brokers, investors and insurance technology companies, and the investment vehicle came later, as one output of that network. The InsurTech Fund invests in North American insurtechs, explicitly leveraging InsurTech NY's own deal sourcing and programme flow, and takes positions through convertible notes or equity with the stated aim of supporting companies from seed through Series A. No fund size is published and no Reg D offering amount is disclosed under the InsurTech NY name.
The fund's underwriting criteria are set out publicly and read more like a corporate innovation screen than a venture memo: the solution must address a clear problem or create clear advantage in insurance, the team must be capable of executing it, the company must have a live product with demonstrable traction and a clear path to client acquisition and revenue, the business model must be scalable, and there must be a clear liquidity event for the fund. The firm also states a commitment to supporting diversity among the management teams it backs. It sits alongside InsurTech NY's conference, corporate innovation programme, competition, accelerator and MGA Lab.
Frequently Asked Questions
What stage does Insurtech NY invest at?
Insurtech NY primarily invests at the Pre-Seed, Seed stages. This means they focus on companies that are at the earliest idea or prototype phase.
Where is Insurtech NY located?
Insurtech NY is headquartered in New York, NY. Many of their portfolio companies are also based in this region, though they invest across geographies.
What sectors does Insurtech NY focus on?
Insurtech NY focuses on investments in Fintech, AI, SaaS. Their portfolio reflects deep expertise and networks within these sectors.
What is Insurtech NY's typical check size?
Insurtech NY's typical investment check size ranges from $100K to $500K. Actual amounts may vary based on the stage, sector, and specific opportunity.
How much does Insurtech NY have under management?
Insurtech NY manages approximately $25M in assets under management (AUM) across their funds.
Similar Firms
Fund Operations Resources
Running a fund like Insurtech NY? Independent guides to the software and processes emerging managers use to operate.
Best Fund Administration Software
Independent breakdown of fund administration platforms by fund size.
LP Reporting Software
Tools for capital account statements and investor updates.
Portfolio Monitoring Tools
How GPs track company performance across the portfolio.
VC CRM Software
Deal-flow and relationship management for investors.
The operating system for private capital.
Archstone runs the back office for venture, PE, real estate, and credit funds — LP reporting, capital calls, portfolio tracking, and fund accounting, in one platform. Now in alpha.