Anthemis, a London, UK and NYC-based venture platform dedicated to investing in the change in financial services, held the first close of its $90m latest discretionary fund.
The firm has secured backing from Aflac Global Ventures, Sumitomo Life and Nürnberger Versicherung in partnership with Daido Life Insurance Company.
Anthemis Insurance Venture Growth Fund I is focused on venture growth companies driving significant impact within the insurance industry. This marks the extension of Anthemis’ expertise in pre-Seed and Series A to Series B and beyond.
Led by Founder and Chief Investment Officer Sean Park, the firm has been an active, thesis-driven investor, with investments dating back to insurtech category-creators such as the Climate Corporation in 2007, which sold to Monsanto in 2013. Anthemis subsequently invested in leading insurtechs such as Trov, Matic, Flock, and Hokodo.
The firm also added Managing Director Kate Sampson. Prior to joining Anthemis, Sampson served as the Vice President of Risk Solutions at Lyft and in various leadership roles at Marsh & McLennan. During her tenure at Marsh, she developed the first-of-its kind insurance for Transportation Network Companies. At Lyft, Sampson grew the in-house insurance operation to a ~$1B insurance company in 4 years, including a full-stack tech team, claims, actuaries and operations.