Astorya.vc

Astorya.vc focuses exclusively on early-stage insurtech investments across Europe, targeting the vastly underdigitized €1.3 trillion insurance market. The firm identifies promising startups addressing critical industry gaps in digital transformation, artificial intelligence implementation, and emerging risk categories such as climate change and cybersecurity threats. With a meticulously developed investment thesis built upon comprehensive analysis of over 4,700 startups and leveraging the founding team's executive experience from industry giants like AXA and Allianz, Astorya has positioned itself as a specialized investor with unique market insights and proprietary deal flow.

The fund's investor base comprises 50 private and family offices alongside 5 strategic corporate limited partners, all with significant insurance industry experience and success. This investor network provides Astorya portfolio companies with invaluable domain expertise, market access, and strategic guidance beyond capital deployment. Additionally, the firm has cultivated an impressive media presence reaching approximately 100,000 insurance professionals, establishing Astorya as a thought leader and go-to investment fund within the European insurtech ecosystem.

Over five years of active investing, Astorya has constructed a diverse pan-European portfolio comprising 12 seed-stage companies, frequently taking the coveted position as first institutional investor. The portfolio spans multiple European markets including France (Zelros, SesameIT, Olino, Medsmart), Spain (Weecover, Vitaance, Wenalyze), Germany (Wetterheld, Embea), UK/Germany (Aazzur), Switzerland (Riskwolf), and Nordic regions (Claims Carbon in Sweden/Finland). Many portfolio companies have subsequently attracted follow-on funding from tier-1 venture capital firms, validating Astorya's investment thesis and generating meaningful markups on initial valuations.

Astorya's strategic affiliation with BGV, an established enterprise software venture capital firm managing $500 million in assets, provides significant advantages through expanded global networks and institutional investment expertise. This partnership has been instrumental in Astorya's current fundraising initiative targeting €40 million to scale operations and portfolio support capabilities. With initial exits now on the horizon from their earliest investments, Astorya is poised to demonstrate full-cycle investment returns while continuing to identify and nurture the next generation of transformative insurtech companies addressing the industry's most pressing challenges.