IA Capital Group
IA Capital Group is a New York-based venture capital firm founded in 2000 that manages the Inter-Atlantic fund family, investing Seed to Series B in fintech and insurtech companies across North America alongside 23 insurance carrier limited partners.
- Company typePrivate
- Founded2000
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What IA Capital Group does
IA Capital Group is a New York-based venture capital firm founded in 2000 that manages the Inter-Atlantic fund family and invests in early- and growth-stage fintech and insurtech companies across North America, from Seed to Series B. The firm operates five specialized vertical funds covering Payments & Financial Infrastructure, Property & Casualty Insurtech, Life & Health Insurtech, Lending & Capital Markets, and Wealth & Retirement Tech, and is currently investing its 10th fund. It maintains offices in New York (headquarters at 122 E 42nd St), Westport, Connecticut, and Miami, Florida.
The firm is distinctively structured around a base of 23 insurance company limited partners spanning P&C, life, and health insurers, who use the IA Capital platform for strategic venture capital exposure and ecosystem intelligence. Portfolio companies gain access to these carrier LPs as pilot customers, distribution partners, and potential acquirers, while LPs receive proprietary deal flow and insights into emerging financial and insurance technology. Notable historical outcomes include IPOs of Ethos, Higher One, Marqeta, NetSpend, Planet Payments, and TIAA Networks, alongside numerous strategic exits across financial and insurance technology.
The business model is fund management economics: the firm raises successive venture capital funds from insurance carrier LPs and deploys capital into portfolio companies through direct investments at Seed, Series A, and Series B stages, supplemented by incubated and angel investments. Recent disclosed deployments include a $6M lead in Driver Technologies (June 2023), a co-investment in Delos Insurance Solutions' $9M Series A (October 2024), and a $5M lead in Moby's seed round (September 2025). The firm is led by Managing Partner Andy Lerner and Partner Rick Viton, supported by two Principals, a Venture Partner, an Associate, and a seven-member Advisory Partner bench drawn from insurance and financial services operators.
IA Capital Group firmographics
Firmographics- Name
- IA Capital Group
- Legal name
- IA Capital Group, Inc.
- Website
- https://iacapgroup.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- IA Capital Group is a New York-based venture capital firm founded in 2000 that manages the Inter-Atlantic fund family, investing Seed to Series B in fintech and insurtech companies across North America alongside 23 insurance carrier limited partners.
- Ownership category
- akta.pro rank
IA Capital Group industry classification
Industry- Product category
- Venture Capital Management
- NAICS
- Portfolio Management and Investment Advice (523940), All Other Financial Investment Activities (52399)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)
Keywords
Where IA Capital Group is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
IA Capital Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Fund Management: IA Capital Group manages the Inter-Atlantic funds, partnering with insurance companies as limited partners for strategic venture capital investments in fintech and insurtech.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
IA Capital Group product offering
Product offeringCore offering
IA Capital Group is a New York-based venture capital firm that manages the Inter-Atlantic funds, making venture and growth capital investments in fintech and insurtech companies across North America from Seed to Series B stages. The firm deploys capital pooled from 23 insurance-company limited partners and supports portfolio companies through strategic industry connections and growth expertise. The firm offers five specialized fund verticals covering Payments & Financial Infrastructure, Property & Casualty Insurtech, Life & Health Insurtech, Lending & Capital Markets, and Wealth & Retirement Tech.
Product overview
IA Capital Group is a New York-based venture capital firm and manager of the Inter-Atlantic funds, specializing in fintech and insurtech investments across North America from Seed to Series B stages. The firm offers five specialized investment fund products covering Payments & Financial Infrastructure, Property & Casualty Insurtech, Life & Health Insurtech, Lending & Capital Markets, and Wealth & Retirement Tech. The Inter-Atlantic fund family leverages strategic connections to 23 insurance company limited partners to support portfolio companies through venture and growth capital investments.
Differentiator
Problem solved
Functional benefit
Products and services
- Inter-Atlantic Funds Family of venture capital funds managed by IA Capital Group, currently in its 10th fund iteration, with limited partners predominantly from insurance companies seeking strategic insights into fintech and insurtech ecosystems.
- Payments & Financial Infrastructure Fund Venture capital fund focused on investments in payments and financial infrastructure companies across North America, from Seed to Series B stages.
- Property & Casualty Insurtech Fund Venture capital fund investing in property and casualty insurtech companies, providing strategic connections to 23 insurance company limited partners.
- Life & Health Insurtech Fund Venture capital fund targeting life and health insurance technology companies for strategic investment and partnership opportunities.
- Lending & Capital Markets Fund Venture capital fund focused on lending and capital markets technology investments from Seed to Series B stages.
- Wealth & Retirement Tech Fund Venture capital fund investing in wealth management and retirement technology companies.
Companies that use IA Capital Group
Customer profileSegments2 records
Ideal customer profiles2 records
IA Capital Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
IA Capital Group partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Brazos Specialty Riskportfolio partnershipDriver Technologies (IA Capital portfolio company) secured a February 2025 partnership with Brazos Specialty Risk for commercial fleet services, enabling scaling of commercial adoption beyond early partnerships.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
IA Capital Group competitors and assessment
Company assessmentDirect peers
- Commerce Ventures: Commerce Ventures is an early-stage fintech and commerce-focused venture firm backed by strategic financial-services LPs. Its vertical focus and stage band overlap meaningfully with IA Capital.
- Anthemis: Anthemis is a sector-focused venture capital and growth firm investing exclusively in financial services and insurtech startups. Like IA Capital, it pairs strategic financial-services LPs with portfolio support, making it one of the closest direct comparables.
- Fin Capital: Fin Capital is an early-to-growth stage venture firm focused on fintech and insurtech, partnering with strategic financial-services LPs. Its thesis, stage focus (Seed through Series B), and LP-driven value-add mirror IA Capital's model directly.
- QED Investors: QED Investors is a fintech-focused venture firm investing at Seed through Series B with a strong track record in financial infrastructure and insurtech. It shares IA Capital's vertical specialist identity and stage band.
- Nyca Partners: Nyca Partners is a fintech-focused venture firm backed by financial industry strategics, investing from Seed to Series B. Its LP base and thesis closely parallel IA Capital's insurance-LP-anchored platform.
- Clocktower Technology Ventures: Clocktower Technology Ventures is a thesis-driven, early-stage fintech investor partnering with strategic LPs from financial services. Comparable in vertical specialization and Seed-to-Series A orientation to IA Capital.
- Munich Re Ventures: Munich Re Ventures is the corporate venture capital arm of Munich Re, investing in insurtech and adjacent fintech. It competes for the same insurtech deals and LPs that IA Capital targets.
- MassMutual Ventures: MassMutual Ventures is the strategic CVC of MassMutual investing in fintech, insurtech, and digital health. It directly competes with IA Capital for insurance-aligned deals and limited partners.
Broad incumbents
- Bessemer Venture Partners: Bessemer is a long-established multi-stage venture firm with a dedicated fintech practice and deep portfolio across insurance and financial infrastructure. As a broad incumbent it overlaps with IA Capital's deals and LPs but is much larger and more diversified.
- Sequoia Capital: Sequoia is a global multi-stage venture investor with significant fintech exposure across Seed to growth. It overlaps with IA Capital on category-leading fintech/insurtech rounds but operates at a vastly larger scale and broader mandate.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
IA Capital Group social profiles
Digital presenceIA Capital Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
IA Capital Group leadership team
Management profileNumber of profiles
Profiles14 records
IA Capital Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
IA Capital Group M&A and investment
M&A and investmentM&A
Investments99 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about IA Capital Group
What does IA Capital Group do?
IA Capital Group is a New York-based venture capital firm that manages the Inter-Atlantic funds, making venture and growth capital investments in fintech and insurtech companies across North America from Seed to Series B stages. The firm deploys capital pooled from 23 insurance-company limited partners and supports portfolio companies through strategic industry connections and growth expertise. The firm offers five specialized fund verticals covering Payments & Financial Infrastructure, Property & Casualty Insurtech, Life & Health Insurtech, Lending & Capital Markets, and Wealth & Retirement Tech.
Is IA Capital Group a public or private company?
IA Capital Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was IA Capital Group founded?
IA Capital Group was founded in 2000. It employs 1 to 10 people.
Where is IA Capital Group based?
IA Capital Group is headquartered in New York, United States, in the North America region.
How does IA Capital Group make money?
One revenue line is on record: fund Management.
Who are IA Capital Group's main competitors?
Direct peers on record are Commerce Ventures, Anthemis, Fin Capital, QED Investors, Nyca Partners, Clocktower Technology Ventures, Munich Re Ventures and MassMutual Ventures. Broad incumbents are Bessemer Venture Partners and Sequoia Capital.
Does IA Capital Group have an API?
No public API is recorded for IA Capital Group.
What industry is IA Capital Group in?
IA Capital Group's product category is Venture Capital Management. Its primary akta.pro industry code is FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists). Its NAICS code is 523940 and its SIC code is 6282.