Summary
We are launching a new Insurtech venture developing an AI-driven analytics platform improving accuracy and costs of insurance claims operations. We are looking for an entrepreneurial and highly motivated Co-Founder & CEO to bring the venture to success.
As the ultimate accountable executive in the business, you will shape the vision, build a solid team, drive growth and ensure capital influx.
Please note: This is not an employee opportunity at Diagram Ventures, but in a new company created through our venture studio model. This company will be independent of Diagram Ventures, and the founding team will receive the majority of the equity in the venture.
The Opportunity
The salary protection insurance market is a +100B market in the US, with more than 60% of this paid out in claims every year. Managing these claims is a multifaceted role, demanding empathy, discipline and critical thinking from claims managers. Current processes require handling vast amounts of information and coordinating between claimants, healthcare providers, and employers for a safe return to work.
However, we believe the industry is at an inflection point, both in terms of analytics capabilities and from a market demand perspective. That’s why Diagram Ventures has launched a new venture developing a next generation AI-based claims management software. We are now looking for a Co-founder and CEO to lead this venture to success.
Who we are looking for:
We are assembling a dream team of entrepreneurs and technologists, and we are now looking for an accomplished CEO to lead the venture. If you are up for it, you will:
- Build and lead a high-caliber team of “A” player early hires including a CTO co-founder with deep AI expertise
- Rapidly establish commercial relationships with insurance carriers in US and Canada
- Provide overall leadership to the organization, working across all aspects and functions of the business (product, marketing, sales, tech, finance, etc.)
- Lead the fundraising efforts in collaboration with the founding team and investors
- Work closely with the investors and board
Background and experience:
You’re the ideal candidate if you have:
- Track record of leading a business as a CEO, President, COO, Product Executive, or GM with P&L ownership within an organization
- Relevant industry experience: group benefits insurance, worker’s compensation insurance or an Insurtech startup
- Experience building a venture from the ground up
- Experience selling enterprise software
- Experience leading complex product organizations with AI components
- Experience raising from VCs and leading an exit process
What you’ll get:
- You and your team obtain majority ownership of the company
- Full flexibility to run a venture-backed business that has been significantly de-risked by an experienced fintech venture studio
- Continuous support from a meaningful network amongst the Diagram/Portage/Sagard ecosystem.
About Diagram Ventures
Diagram is a venture builder that conceives and launches technology companies in the financial, crypto, and climate industries. We've designed a unique platform for entrepreneurs who have a proven track record or domain expertise to start their next business by combining access to venture capital investment, hands-on support, and a vast network of partners and incumbents. Since 2016, Diagram has raised $400M and launched over 25 new companies across North America. Our ecosystem is home to 200+ angel investors, including 60+ entrepreneurs with >$15B in exits and an extended global network of corporate partners, investors, and builders. Notable Diagram portfolio companies include Synctera (Series A),Breathe Life (Acquired) and Dialogue (IPO).
Applying for this position
Diagram and its portfolio companies are equal-opportunity employers. We appreciate your interest in working with us; however, only those applicants selected for interviews will be contacted. Diagram may contact you about other possible opportunities you may be a fit for. We launch five new ventures each year and are continually excited to talk to founders and top talent who want to join us.
