MTech Capital is a venture capital firm with offices in Santa Monica and London, focusing on technology companies that transform the insurance value chain.
Portfolio
3
companies
COVR Global
COVR Global provides an AI-powered decision engine for the insurance industry.
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Peppy
Peppy is a digital health platform providing specialist employee healthcare benefits.
Rest Less
Rest Less is a digital community and financial services platform for people over 50.
Kevin McLoughlin
Partner and Co-Founder
Kevin is a partner and co-founder at MTech Capital, alongside holding board and observer roles at COVR Global, Peppy, Timeline, AKUR8, and Insurify.
LinkedInBrian McLoughlin
Partner and Co-Founder
The seed round was led by MTech Capital to support product development and team expansion.
"Insurance touches every part of our lives, from the homes where we live to the roads we travel. We’re building AI that brings clarity and fairness to a complex business process, giving insurers the information they need in real time to make better claims decisions."
AlbionVC led the Series B round to fund the digital health platform's expansion into the American market.
"We’re on a mission to become a household name across the world and our Series B funding is just the start. We already dominate Europe’s employer-funded gender-based healthcare market. With our growing team in the US and numerous big brands already choosing Peppy, we will soon be a leading player in America."
The funding round was led by Moneta Venture Capital with participation from new and existing backers.
"We’re proud that Rest Less has become an essential and trusted resource for today’s digitally native midlifers. With a one million strong community, one in seventeen of all 50 to 70 year olds in the UK is now a Rest Less member."
The Series A round was co-led by MTech Capital and Viola FinTech to support platform expansion and financial services growth.
"Given the strong demographic growth in the over 50s across developed countries, we are constantly surprised that most venture funding continues to flow into business models targeting millennials and Gen Z – at the exclusion of support and services for midlifers. With this funding round, we are delighted to bring on board some fantastic new investors who understand the seismic demographic shift underway in society and the opportunity this presents to better serve an under-represented audience."
