$350M VC arm.
Erik Ross (VP, Head of Ventures)
Amelia Gandara (Principal)
Jake Nice (Principal)
Brian Anderson (Principal)
Chris Zhong (Sr Associate)
Steven Berasi (Sr Associate)
Hope Walls (Analyst)
The funding will be directed into select high-growth potential insurance and financial services startups whose solutions, technology, and capabilities can benefit Nationwide customers.
Founded in 2013 and a team of ~ 43, Indico enables customers to capture dramatic efficiency gains by automating the intake and understanding of document and image-based workflows across the insurance, financial services and healthcare industries.
The new funding will support the growth of Matic’s partnerships and integrations with insurance carriers and distribution partners across emerging channels and verticals.
Nationwide’s venture capital team is making an investment in Deep Sentinel, a residential and commercial security system provider which combines AI with human monitoring.
The Vesta Healthcare and Kinetic announcements are part of Nationwide's commitment to invest more than $100 million of venture capital in customer-centric solutions.