Investor Type | Firm |
Type of Fund | VC |
Industries | Software (Web Marketplace Saas..) • A.I. (& Big Data) • Insurance (& InsurTech) |
Stages | Pre-Seed, Seed, Early Stage |
Investing | United States |
Investment Sweet Spot | $75,000 |
The Global Insurance Accelerator (GIA) is a venture capital firm dedicated to fostering innovation in the insurance industry through its mentor-driven accelerator program. Based in Des Moines, Iowa, widely regarded as the 'insurance Capital of the U.S.,' GIA operates at the heart of insurtech, making initial investments in early-stage insurtech startups that are poised to disrupt the insurance sector with cutting-edge products and technologies. Their investment sweet spot is $75,000, specializing in stages from Pre-Seed to Seed to Early Stage. GIA's unique proposition lies in their insurance-only focus, where they concentrate exclusively on this sector to drive innovation and growth.GIA provides substantial value to startups through a meticulously curated ecosystem of insurance professionals, insurtech leaders, global organizations, and a close-knit network of experienced mentors. These mentors not only offer deep insights but also help in validating product market fit and preparing the startups for scalable growth. Additionally, GIA's corporate investors are among the largest and most progressive insurance companies globally. These investors not only contribute funds but also offer essential customer insights, clarity of needs, pilot programs, and ongoing opportunities for startups, fostering a conducive environment for the inception and elevation of bold ideas.The GIA accelerator program lasts 100 days and is enhanced by the Accelerator Plus initiative for full lifecycle support, including dedicated resources for alumni's ongoing success. By participating, startups gain access to a powerful network of potential clients, insurtech investors, fellow alumni founders, and even regulators. GIA's approach has been instrumental in the success of companies such as Cowbell, Caregiven, and Everyday Life Insurance. The firm encourages participation in annual events like the Demo Day, where cohorts showcase their final pitches. By joining the GIA network, investors and sponsors become part of a distinct network that not only contributes to but also gains access to top early-stage insurtech deal flow, networking, and growth opportunities.