What to know about the OnRamp Insurance Accelerator 2021 cohort:
- The OnRamp Insurance Accelerator 2021 (from gener8tor and partners Allianz Life and Securian Financial) has announced its five-business cohort (the lineup is below with descriptions from gener8tor)
- Around 500 businesses applied to the program
- Participants receive a $100,000 investment and individualized coaching and mentorship from financial and insurance professionals
- The three-month program will culminate in July with a month-long series of investor meetings and a Premier Night
The Quote: Elizabeth Caven, Managing Director of the OnRamp Insurance Accelerator
We are incredibly impressed with this group of resilient and innovative entrepreneurs working on solutions ranging from helping older adults age in place to empowering individuals with the freedom to diversify their retirement savings into crypto or real estate investments. The cohort also includes some deep technical solutions for the insurance and financial services industries. The Securian Financial, Allianz Life and gener8tor teams are all thrilled to welcome each of these companies to the 2021 program.”
Ryan Ferguson: CEO | [email protected]
Riskfuel harnesses AI to produce ultra-fast versions of the proprietary software that banks and insurance companies use to value and risk manage their portfolios of financial instruments, delivering both new business opportunities and significant reductions in operating costs. In a collaboration with Microsoft and Scotiabank, Riskfuel’s award winning technology accelerated production workloads by more than 20 million times. Riskfuel is just over two years old and is already generating annual revenues over $1MM.
Henry Yoshida: CEO | [email protected]
Rocket Dollar lets people unlock their IRA and 401(k)s, keep the tax benefits, and make private and alternative investments. Thousands of people have already unlocked over $300MM using Rocket Dollar to invest in real estate, startups, crypto, private equity/venture, and more with no TAXES.
Marci Lobel-Esrig: CEO | [email protected]
SilverBills provides concierge bill management for older adults throughout the United States. Keeping current with bills can be challenging and mistakes can lead to dire consequences such as termination of benefits, like insurance, and financial exploitation. SilverBills receives, scrutinizes, stores and ensures payment of household bills. Every client is paired with a dedicated Account Manager, and no computer use is necessary to benefit from our services. SilverBills’ partners include the New York City Department for the Aging and Care.com and the company closed its seed funding in March 2021.
Jeremi Karnell: CEO | [email protected]
Truelytics’ Advisor Transition Management solution is the leading SaaS platform for wealth management professionals to discover innovative wealth management firms, connect with the people behind them, and pursue new opportunities. Over 10,000 independent advisors and RIAs trust Truelytics to inform their business decisions. Broker-Dealers, Wirehouses, OSJs, Custodians, Asset Managers rely on us
to power their enterprise recruiting, practice management, succession, and benchmarking programs.
Truelytics has grown 975% year over year for the past 4 years and currently has $1.2M ARR.
Anand Ranganathan: Chief AI Officer | [email protected]
Unscrambl empowers non-technical business users to have natural language conversations with their data in collaboration platforms like Microsoft Teams through an AI-powered data analyst. Leading telcos, banks, insurers and retailers use Unscrambl to connect to data silos, make insights widely accessible across the organization and unlock value from data to make better, faster decisions. Recognized by Gartner and with a patent-pending NLP technology, Unscrambl is fundamentally transforming the way business users consume data and insights. Within a year of being generally available, Unscrambl has been featured as a top app for BI & Analytics in Microsoft Teams and is generating $800k ARR.