IA Capital Group
Status
ACTIVE
Global HQ
New York, United States
Countries of investment
- United States
- Canada
- United Kingdom
Investment stages
- Seed
- Series A
- Series B
- Series C
- Growth
- Secondary
Industries
- Fintech
- InsurTech
- Insurance
- Financial Services
- Payments
- Wealth Tech
- Financial Planning
- B2B Software
- Software
About
IA Capital Group is a New York-based venture firm, with offices in Westport and Miami, that manages the Inter-Atlantic funds and has invested in fintech and insurtech since launching its first fund in 2000. It runs multi-LP funds for 23 insurers as well as single-LP funds for Prudential Financial and Goldman Sachs Alternatives, and counts Marqeta, SoFi, Ethos, SmartAsset and Clearcover among its 73 completed investments. In November 2026 it announced the initial close, of undisclosed size, of Inter-Atlantic Opportunity Fund I, its 11th fund, anchored by QBE Insurance Group through QBE Ventures. The fund backs late-stage fintech and insurtech companies, mainly Series B and later, through primary rounds in companies known to the firm and secondary purchases from holders seeking liquidity. It has made two investments so far, Panacea and Aurora.
IA Capital Group is a New York-based venture firm, with offices in Westport and Miami, that manages the Inter-Atlantic funds and has invested in fintech and insurtech since launching its first fund in 2000. It runs multi-LP funds for 23 insurers as well as single-LP funds for Prudential Financial and Goldman Sachs Alternatives, and counts Marqeta, SoFi, Ethos, SmartAsset and Clearcover among its 73 completed investments. In November 2026 it announced the initial close, of undisclosed size, of Inter-Atlantic Opportunity Fund I, its 11th fund, anchored by QBE Insurance Group through QBE Ventures. The fund backs late-stage fintech and insurtech companies, mainly Series B and later, through primary rounds in companies known to the firm and secondary purchases from holders seeking liquidity. It has made two investments so far, Panacea and Aurora.
Investment Thesis
IA Capital Group invests in fintech and insurtech, covering payments and financial infrastructure, P&C and life and health insurtech, lending and capital markets, and wealth and retirement tech. Its core funds back post-revenue companies from Seed to Series B with proven management teams, while the new Opportunity Fund targets Series B and later companies plus secondary positions. Its differentiation is a 26-year record running strategic venture programs for insurers, with 24 insurance companies using its platform.
Manager's Experience
Managing Partner Andy Lerner has been at IA Capital since 1995, launched its venture business in 2000 and sits on the boards of SmartAsset, Matic, Integriant, reThought, LiftForward and Health Gorilla, after six years in investment banking at Smith Barney. Partner Rick Viton joined in 2008 after more than 25 years in financial services, including Managing Director roles in FIG at Credit Suisse and UBS where he completed over 150 financing and M&A transactions totaling over $60B. Ravi Shah, who leads the Opportunity Fund team, sits on the boards of Certificial, Checkbook, Moby and Summit and previously worked at Laconia Capital Group and MergerTech.
Team
Andy Lerner - Managing Partner
Rick Viton - Partner
Ravi Shah - General Partner
Anton Wesener - Principal
Christy Lane - Venture Partner
Matt Perlman - Advisory Partner
Bob Sollmann - Advisory Partner
Richie Carchia - Associate
Portfolio
Panacea Financial
Aurora
Marqeta
SoFi
Ethos
SmartAsset
Clearcover
Credit Sesame
Matic
Health Gorilla