Making investments that produce more than financial returns.
What we care about
Investment Returns. We don’t shy away from talking about our 22-year track record. Rather, we’re incredibly proud of posting top decile investment returns. But a top tier investment record is only one part of our story.
Strategic Venture Capital. Before insurance companies embraced strategic investing, we were making insurtech/fintech venture investments on behalf of insurance companies. The limited partners in our Inter-Atlantic funds are predominantly insurance companies strategically interested in the insurtech/fintech ecosystem. Our investors gain strategic insights from our venture capital activities, and our portfolio companies benefit from strategic connections to our 20 insurance company limited partners.
Financial Empowerment. Before financial empowerment became a buzzword, our portfolio companies were empowering millions. While each of our portfolio companies strives to be a great corporate citizen, the majority have focused on underserved individuals and small businesses. Think of: NetSpend supplying an immigrant with his first payment card; Homeowners of America issuing affordable home insurance to a first-time home buyer; Higher One providing a college freshman with her first bank account; Marqeta powering a modern card issuing platform for e-commerce startups; Clearcover offering low cost auto insurance; Credit Sesame providing a millennial with her free credit report analysis.
Climate Change. In hundreds of ways, fintech/insurtech has decreased the environmental footprint of financial services. On the other hand, certain new technologies are harmful to the earth's climate. IA Capital has not and will not invest in companies that encourage proof-of-work cryptocurrency mining or other activities that require extreme amounts of power consumption. Click here to read more about IA Capital and climate change.
Diversity, Equity, and Inclusion. IA Capital is committed to supporting a diverse group of founders. Underrepresented founders account for 31% of our portfolio. More specifically, Black and Latinx founders account for 12% of our portfolio versus a VC-industry average of 2%. Our partner Rick Viton is a leader in the Hispanic financial community and an advocate for financial services inclusion. We remain committed to principles of diversity and transparency.
IA. IA can stand for investment advisors or independent agents, two of insurtech’s most important constituencies and a major focus of ours. IA can stand for Iowa, an insurance hub and home to some of our limited partners. In our case, IA stands for Inter-Atlantic, which befits the three major insurance centers of New York, London, and Bermuda.
Community. Finally, we are proud of our involvement in our communities. I encourage you to learn about the organizations we support, including Transportation Alternatives.