VENPACE

Insurtech Gateway invests in one company at a time, to guarantee hands-on guidance for every founder. By tailoring a unique programme for each entrepreneur, the Gateway team de-risks early-stage businesses and gets them to Series B in record time. INCUBATOR The Gateway Incubator supports early-stage tech founders with underwriting capacity, regulatory compliance, pre-seed funding and expert guidance on product market fit, distribution strategy and the design of the insurance product FUND The Gateway Venture Capital Fund supports insurtech startups, as they enter a phase of rapid growth and scale-up. Making investments at seed stage and following on through Series A and Series B rounds.

At American Family Ventures, we understand that being a pioneer has its risks. But pioneers are the first to learn and to evolve, and the expertise that comes from that journey has never been more valuable. Insurance is entering a period of profound transformation. Anyone seeking to capitalize on this moment needs a partner to guide them. We’ve established ourselves as that venture partner of choice: for investors, for portfolio companies, and for startups in general. True partners. Real expertise. Welcome to American Family Ventures.

Our principals have deep experience in the trenches as successful Insurtech founders. We understand insurance and we live and breathe the startup process. We partner with exceptional founders to propel early-stage startups seeking growth and follow-on capital. Our investments are in unique, early-stage companies that have a solid proof of concept and exceptional team. Our role is to bring capital, resources, and expertise to position the company for sustainable growth. Insurance Industry Expertise The industry is a $7T+ global market, most of which has yet to be disrupted by technology. Insurance is a complex web of legacy players, diverse capital sources, and emerging business models. Investing and growing early-stage companies in the insurance space requires a deep knowledge of the industry and how innovation can be interwoven with traditional players. Track Record of Success Avondale principals have invested in dozens of businesses since its founding in 2004. The firm has built an impressive track record of technology investments, ventures, and partnering with corporations and institutional capital to create growing businesses. Avondale is a three-time Inc. 500/5000 recipient, and in 2011, Avondale was named by Inc. as the 95th fastest growing private company in the nation.

With a background of founding and scaling several successful fintech companies and only investing our own money we aim to be the fast, engaged and value-adding partner that other founders are looking for. The portfolio today consists of 8 investments with an ambitious plan to grow. We strive to build a future in which innovation and new technology drives growth and prosperity, with the mission to make a lasting impact on the Swedish fintech and insurtech start-up scene.

Our most notable companies include Funding Circle (Public: FCH), Collective Medical (Sold, PointClickCare), Endurance Fitness (Sold, MBO), Vouch (Series C); as well as recently launched Resolve (CF+), and Flow (Series A). In addition, Endurance operates a multi-family investment office (MFO) for its Partners and collaborators where it invests across asset classes, but most heavily in Private Equity, Real Estate, and Venture Capital.

Our vision is to leverage tech entrepreneurship to disrupt traditional markets, and advance social and economic change. Mission To create the ultimate roadmap for startup growth and success by building a global community of industry leaders, subject matter experts and investors that can support Founders at any given stage of their journey Guiding Principles Supporting the Journey Providing the resources and relationships necessary to foster growth and drive innovation for every entrepreneur at any stage. Building Community Building up the tech ecosystem with an international platform for disseminating ideas and facilitating collaboration. Igniting Innovation Helping Founders and corporations alike, prioritize and cultivate innovation for continual success. Prioritizing Diversity Recognizing that diversity in thought and background are the true catalysts to success and innovation, and ensuring that diversity is reflected within our company and all the work we do. History 2010 Purchased Packard Place in Uptown Charlotte creating one of the country's first entrepreneurship center and campus. 2012 RevTech Labs launched out of Packard Place in 2012 with a focus on accelerating general tech entrepreneurship in the city of Charlotte. 2015 By 2015, we pivoted to Queen City Fintech with a singular focus on the fintech industry. With the rapid success of this pivot, we exclusively used the QCFintech brand to talk about our work. 2019 In 2019 we were hired by IBM to launch and run their global Hyperprotect Accelerator program targeting global fintech and healthtech startups. That launch coincided with the launch of our RevTech Labs Healthtech program which produced the first ever Healthtech Summit and Healthtech Demo Day in Charlotte in November 2019. Also in 2019, we launched RTL Insurtech to increase our emphasis and focus on the insurance innovation space. While we have always considered insurtech part of our QCFintech world, this allows us to do a more focused call for applications and has allowed us to bring on new mentors and partners from some of the world's leading insurers. With the launch of these new programs and our venture into new verticals came the need to pivot back to RevTech Labs as the umbrella brand recognizing all our work across verticals, and reflecting our work from early stage to growth stage. RevTech Labs also encompasses our events arm which includes our annual marquee events: Fintech Generations, Health Innovation Summit Venture 135 and Charlotte Startup Awards.