Markd has launched as an InsurTech VC and subsequently closed its $100m debut fund to fund early and growth stage startups.
Anchor investors in Fund 1 include Markd founder and managing partner Parker Beauchamp and an undisclosed industry partner.
Beauchamp said that Markd was founded to identify and support transformative insurance ideas of high-potential startups not getting the attention and funding their deserve. “With ideas around the metaverse, blockchain, and everything in between, there are some remarkable founders primed to evolve the industry perpetually. We’re committed to seeking investment partners who not only provide capital but possess industry expertise to create, reinvent and innovate conventional insurance model,” he said.
The Markd team has worked and built in the insurance technology space for decades, bridging the gap between established insurance leaders and new school founders. Open to various insurance sectors, Markd focuses on investing in transformational founders with innovative ideas and ambition to follow through on their vision.
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