🦊/Investors

Pelican

Venture capital

Coral Gables · Pre-Seed–Series A · 7 people tracked

Find your way into Pelican

122 people in our graph share verified history with the Pelican team — schools, employers, funds. One of them is your warm intro.

Laura Bockunlockedknows Bob Deutsch · together at Oliver Wyman (overlapped)
×3knows the team · via University of Pennsylvania
×8knows the team · via Oliver Wyman
Fox Verdict
Sign up to see your fit

Investment thesis

Pelican Ventures backs disruptive insurance concepts led by visionary entrepreneurs, deploying both intellectual and financial capital. Established by experienced insurance industry executives with a record of founding, growing, and operating successful insurance franchises, the firm works hand-in-hand with its portfolio companies to drive long-term value creation. Its focus centers on creating and investing in impactful insurance businesses across the insurance and insurtech space.

Source: firm website, verified Aug 23, 2026.

Stage
Pre-Seed–Series A
HQ
Coral Gables, US
Leads rounds
Leads
Instruments
Equity · Debt
Founded
2024
Tracked investments
4
IPOs
1

Team · 7 people

from the firm's website & public directories
Adam Bain· General Partner
Richard Costolo· General Partner
Jayant Khadilkar· Managing Director
Bob Deutsch· Chairmanin
John Lummis· Operating Partner

What they invest in

from 3 of 4 portfolio companies

AI & Machine Learning ×2InsurTech ×2Climate Tech ×1Cloud Computing ×1Cybersecurity ×1Enterprise Software ×1Fintech ×1SaaS ×1

HQs:United States×3Bermuda×1

Investments · 4 tracked

founders shown can be your intro path
SoFi Technologies, Inc.NASDAQ: SOFIMar 2022SEC filingmedium confidence

SoFi Technologies operates a digital-first financial services platform offering personal loans, student loans, home loans, deposit accounts, investment products, and credit cards to individual members, while also providing technology infrastructure and lending solutions to enterprise partners.

San Francisco, US

Christopher Lapointe(Executive Officer)Anthony Noto(Chief Executive Officer and Director)Arun Pinto(Chief Risk Officer)Jeremy Rishel(Chief Technology Officer)Micah Heavener(Executive Officer)Michael Bingle(Director)

Board seatRichard Costolo· per SEC Form D · $1.1B raise · filed Mar 2022

Ariel Rearielre.comin𝕏

Ariel Re is a reinsurance company operating Lloyd's of London Syndicate 1910, offering investors access to reinsurance portfolios focused on low-frequency, high-severity risk.

Climate TechFintechInsurTechHamilton, BM

Don Kramer(Founder)inRyan Mather(Chief Executive Officer)inRohan Pai(Chief Financial Officer)inKatie Partington Howarth(Chief Capital Officer)inMatthew Twilley(Chief Analytics Officer)inIhab Khalil(Chief Information Officer)in

Co-investorsFlexpoint FordNew Capital PartnersOlympus Partners

Blackpointblackpointcyber.comin𝕏

Blackpoint Cyber develops CompassOne, a cybersecurity platform that unifies prevention, detection, and response with 24/7 managed detection and response (MDR), vulnerability management, cloud posture, and identity threat protection.

AI & Machine LearningCloud ComputingCybersecuritySaaSEllicott City, US

Jonathan Murchison(Executive Officer, Director)

BoardJosiah Mayne(Director)Chris Inglis(Director)

Co-investorsAccelBain Capital Tech OpportunitiesWP Global Partners

EvolutionIQevolutioniq.comin

EvolutionIQ builds AI-powered guidance software for insurance claims professionals to improve accuracy, fairness, and efficiency in handling injury and disability claims.

AI & Machine LearningEnterprise SoftwareInsurTechNew York, US

Michael Saltzman(Founder)in

BoardKara Hoogensen(SVP Specialty Benefits, Principal Financial Group)Scott Boutin(Chief Claims Officer, Reliance Matrix)

Co-investorsAltai VenturesAsymmetric Capital PartnersBrewer Lane VenturesFirst Round CapitalFirstMark CapitalICONIQ+2 more

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 1

1 IPOs

SoFi Technologies, Inc.NASDAQ: SOFI

Frequently asked questions

What stage does Pelican invest at?
Pelican invests at the Pre-Seed, Seed, Series A stages.
What sectors does Pelican focus on?
Pelican focuses on Fintech, InsurTech.
Where is Pelican located?
Pelican is headquartered in Coral Gables, US.
Does Pelican lead rounds?
Yes, Pelican leads investment rounds.
Who does Pelican co-invest with?
Pelican most often shares deals with Accel, Altai Ventures, First Round Capital, among 13 tracked co-investors.

Similar investors

Featured in lists