Des Moines investment firm Manchester Story has been busy as of late, having led in two different seed investment rounds over the last month.
The first investment was in LimitFi, a credit insurtech based in New York specializing in credit insurance and reinsurance solutions.
LimitFi’s services and technology connect financial services providers, including banks, lenders, and asset managers, with partners in the insurance ecosystem while the company’s outsourced underwriting model is designed to promote better risk decisions and more diversified exposures.
“The operational capital provided in this seed round will help LimitFi continue to build out the company’s team and push forward product development,” said David Miles, founding partner of ManchesterStory in a release. “LimitFi provides products and services which have been needed in the (re)insurance sector for some time, and ManchesterStory is pleased to be a part of their journey.”
The other investment was a $4 million Seed Round in Trusty.care, a company helping seniors and their caregivers save money on their health care costs.
This new round of funding will be used to support Trusty.care’s growth and to expand its product offering.
Applications for the Global Insurance Accelerator’s (GIA) 2022 accelerator program are open until Sept. 22, 2021.
The 2022 100 day accelerator will be hybrid program with 1/3 of the program taking place in person in Des Moines and 2/3 being virtual.
The program will begin on January 12, 2022 and will end on April 21, 2022.
Drake University offering free STEM summer camp this August
Drake University is hosting a free STEM summer camp for incoming 7th and 8th graders this August.
It’s the first full week in August and will be geared toward students interested in science, technology, engineering, and math fields. Students will get to do hands-on activities with biology, robotics, statistics, and more.
You can find out more information on how to get signed up here.