7 VC firms investing in insurance and legal & regtech at the Series B stage.
F4 Fund tracks 7 VC firms that actively invest in insurance + legal & regtech at the Series B stage, with check sizes ranging from $500K – $100M (median: $25.3M – $25.3M). As of August 2026, and 71% lead or co-lead rounds. Rankings are based on F4's proprietary analysis of 1,831+ researched VC firms, scored by data completeness, portfolio depth, investment recency, and stage alignment.
| # | Firm | Check Size | Portfolio | Leads? | Activity | Decision | Intro |
|---|---|---|---|---|---|---|---|
| 1 | ▶ Dawn Capital Dawn backs category-leading B2B software companies across fintech, cybersecurity, data/AI infrastructure, insurance tech, HR tech, and regtech, acting as a long-term operating partner rather than passive capital. London | $10M – $40M | 49 | Leads | Active | N/A | N/A |
| 2 | ▶ Emergence Capital Emergence invests in early-stage B2B software companies that will define the next era of enterprise technology. Founded in 2003 as the original cloud/SaaS-focused VC firm, they have pioneered investing through technology transitions: horizontal SaaS (Salesforce, Zoom), vertical SaaS (Veeva, Doximity), and now AI-native services — companies that sell outcomes rather than software, powered by AI that compounds competitive advantage over time. San Francisco | $5M – $50M | 57 | Leads | Active | ~1 mo | Open |
| 3 | ▶ Opera Tech Ventures Backing entrepreneurs that transform the face of finance, across visionary innovation, execution-driven leadership, and technologists building sustainable competitive advantages. Paris | $3M – $15M | 20 | Both | Active | N/A | N/A |
| 4 | ▶ New York Life Ventures As the corporate venture arm of New York Life Insurance Company, NYL Ventures invests as both a strategic and financial investor, backing fintech, insurtech, enterprise software, digital health, and proptech companies that can benefit from New York Life's distribution, actuarial expertise, and industry relationships. New York | $1M – $10M | 12 | Follows | Active | N/A | Req'd |
| 5 | ▶ Kaszek Partner with extraordinary founders building the next generation of iconic Latin American technology companies. Invest in any tech-enabled sector where innovation can drive significant disruption. Bring not just capital but deep operational expertise as former MercadoLibre executives and entrepreneurs. Buenos Aires | $500K – $50M | 61 | Leads | Active | ~1 mo | Open |
| 6 | ▶ Hearst Ventures Strategic investments at the intersection of media, information, and technology, prioritizing businesses that benefit from Hearst operating expertise, distribution, and permanent capital. New York | $2M – $50M | 16 | Follows | Active | N/A | N/A |
| 7 | ▶ Coatue The best investment opportunities emerge at the intersection of innovation and scale. We invest across the full lifecycle from seed to public markets, focusing on technology companies that will transform sectors globally with particular conviction in AI-enabled platforms and infrastructure. New York | $1M – $100M | 31 | Both | Active | ~2 wks | Open |
What other stages do these firms also invest in?
Investors on this page also frequently invest in these sectors
What other sectors do these firms also invest in?
F4 Fund tracks 7 VC firms that actively invest in insurance + legal & regtech at the Series B stage. These firms are ranked using a composite score that weighs data completeness (30%), portfolio depth (30%), investment recency (25%), and stage alignment (15%).
Based on F4's analysis, the median check size for series b insurance + legal & regtech investors is $25.3M – $25.3M, with a full range from $500K – $100M. The distribution breaks down as: 2 firms in the $5M-$10M range, 5 firms in the $10M+ range.
Among the 7 firms tracked, 71% lead or co-lead rounds, and 29% typically follow. Founders seeking a lead investor should filter for firms marked "Leads" or "Both" in the rankings table above. Lead investors typically set deal terms and anchor the round.
The best series b insurance + legal & regtech investors combine domain expertise with an active portfolio in the space. Among these firms, 25% prefer warm introductions, and the average firm has 35 portfolio companies. Look for firms whose check size matches your raise, whose stage preference aligns with yours, and who have a track record of supporting companies in your sector through multiple growth phases.
Firm profiles are continuously updated through F4's research pipeline, which combines LLM-powered web research, portfolio analysis, and transcript extraction. The ranking data refreshes every 12 hours. Editorial analysis is reviewed weekly. Individual firm profiles are re-researched on a 30-day cycle or when new information surfaces.