Insurance venture capital firm Markd has reopened its debut fund to secure up to $500m in new commitments, with the potential for further expansion before year-end.
The additional capital will reinforce Markd’s strategy of investing exclusively in the future of the insurance industry, backing private companies that can deliver both strong returns and strategic innovation for insurers and their distribution partners.
The firm also indicated it may pursue a more acquisitive approach, taking larger ownership stakes in select targets.
Markd launched its first fund in 2022 with $100m, deploying capital across 68 investments in 22 active portfolio companies.
Based in Boulder, Colorado, Markd manages capital on behalf of insurance companies. Named after historical fire marks, the firm’s identity reflects its deep roots in insurance and its focus on modernising the sector through venture investment.
