# Andy Lerner

> Andy Lerner is a Series A investor at IA Capital Group backing Financial Services and Finance. See 14 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [IA Capital Group](https://shizune.co/investors/profile/inter-atlantic-group)
- Total investments: 14
- Last investment: Oct 2023
- Lead investor: 57%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/andrew-lerner-217b267/

Andy Lerner is a Series A investor at IA Capital Group focused on Financial Services and Finance. Andy is the Managing Partner of IA Capital Group, a New York-based insurtech-focused venture capital firm. With seven current funds plus its fully-exited first fund, IA Capital is the longest-tenured and most experienced VC firm with a primary focus on insurtech. Director of Homeowners of America Insurance, SMArtX, Ceannate, Credibility Capital,SmartAsset, Wellthie, Crown Global Insurance, Credit Sesame, Boost Insurance, and Gainfully. BSE Princeton, MBA Wharton.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Financial Services | 6 | 43% |
| Finance | 5 | 36% |
| Insurance | 4 | 29% |
| FinTech | 3 | 21% |
| InsurTech | 3 | 21% |

22 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 3 | 21% |
| Seed | 2 | 14% |
| Series B | 2 | 14% |
| Series C | 2 | 14% |
| Series D | 1 | 7% |

8 stages tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Matic Insurance | Matic is an independent insurance agency that works with multiple insurance carriers so that we can provide the best recommendation to you. This often results in the best policy and the best price. | $20M | Series B | Oct 11, 2023 |  |
| Limit | Apollo Brokers provides software, digital wholesale brokers, technology, sales, and data services for commercial insurance. The company was founded in 2020, and is based in San Francisco, California, United States. | $14.5M | Series A | Oct 19, 2022 |  |
| Marble | Marble is a developer of a digital wallet and loyalty platform for insurance. It also offers a platform where users can organize all their policies in one singular digital wallet and compare rates and find the right policy for them. | $2.5M | Seed | Feb 10, 2021 |  |
| Matic Insurance | Matic is an independent insurance agency that works with multiple insurance carriers so that we can provide the best recommendation to you. This often results in the best policy and the best price. | $24M | Series B | Oct 15, 2020 |  |
| Matic Insurance | Matic is an independent insurance agency that works with multiple insurance carriers so that we can provide the best recommendation to you. This often results in the best policy and the best price. |  | Series C | Oct 15, 2020 |  |
| SMArtX Advisory Solutions | SMArt Xchange is the first UMA/SMA platform providing advisors access to institutional quality managers offering traditional and alternative investment strategies, as well as individual securities, mutual funds, and ETFs, in a single brokerage account. These investment strategies include: | $4M | Venture - Series Unknown | Feb 20, 2020 |  |
| SMArtX Advisory Solutions | SMArt Xchange is the first UMA/SMA platform providing advisors access to institutional quality managers offering traditional and alternative investment strategies, as well as individual securities, mutual funds, and ETFs, in a single brokerage account. These investment strategies include: | $4M | Series C | Feb 20, 2020 |  |
| Gainfully | Gainfully is a financial services platform that helps financial professionals generate new business and connect with their clients better. | $5.5M | Series A | Apr 23, 2019 |  |
| Protecht | Protecht, Inc. is a family of companies leveraging embedded technologies to distribute insurance solutions across today’s online economy. We power our partners with financial and inventory control, security protocols, data analytics, customer engagement, and increased conversions. With over 100 years of combined experience in fraud, risk,insurance, finance and payments, our industry-leading technologies provide a robust economic infrastructure by giving peace of mind for business and consumers, while providing an end-to-end solution for our select insurance partners.It was founded in 2016 and is headquartered in Phoenix, AZ | $8M | Series A | Sep 20, 2018 |  |
| Debitize | Debitize is a breakthrough new financial tool that makes it easy to use credit cards responsibly by combining the discipline of a debit card. It is compatible with most major credit cards and works by automatically setting aside funds from your checking account to cover every credit card purchase, and then paying your bill for you at the end of themonth. Debitize is free, and goes to work as soon as you sign up and link your accounts.Now you can earn rewards, build credit, and enjoy better security and fraud protection, all without worrying about overspending or missing a payment! |  | Seed | Jan 09, 2017 |  |

10 of 14 investments shown.

## Co-investors
- [ManchesterStory Group](https://shizune.co/investors/profile/manchesterstory-group-2) — VC Fund, 6 deals together
- [Cultivation Capital](https://shizune.co/investors/profile/cultivation-capital) — VC Fund, 3 deals together
- [MTech Capital](https://shizune.co/investors/profile/mtech-capital) — VC Fund, 3 deals together
- [American Family Ventures](https://shizune.co/investors/profile/american-family-ventures) — VC Fund, 2 deals together
- [Clocktower Technology Ventures](https://shizune.co/investors/profile/clocktower-technology-ventures) — VC Fund, 2 deals together
- [Fenway Summer Ventures](https://shizune.co/investors/profile/fenway-summer-ventures) — VC Fund, 2 deals together

## About IA Capital Group

VC Fund · New York, United States

IA Capital is the longest-tenured independent venture capital firm focusing on insurtech. Based in New York City, IA Capital has a two-decade track record of successfully partnering with innovative early and growth stage companies in insurance and—more broadly—financial services. IA Capital manages strategic venture capital programs for 16insurers.

5 contacts available at IA Capital Group.

| Name | Title | Profile |
| --- | --- | --- |
| Andy Lerner | Managing Partner | https://shizune.co/investors/profile/andy-lerner |
| Anton Wesener | Principal | https://shizune.co/investors/profile/anton-wesener |
| Brett G. Baris | Advisory Partner | https://shizune.co/investors/profile/brett-g-baris |
| Cornelia Spiegel | Advisory Partner | https://shizune.co/investors/profile/cornelia-spiegel |
| Ravi Shah | Vice President | https://shizune.co/investors/profile/ravi-shah-7563 |

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## FAQ

### What does Andy Lerner invest in?

Andy Lerner invests primarily in Financial Services, Finance and Insurance startups, most often at Series A and Seed stage. Most of the 14 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Andy Lerner last invest?

The most recent investment recorded for Andy Lerner closed in Oct 2023. Shizune tracks 14 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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