NFP Ventures

NFP Ventures is the strategic venture capital arm of NFP — an Aon company and leading insurance brokerage and benefits consultancy — founded in 2018 and headquartered in New York City. In 2021 NFP became the anchor limited partner of Distributed Ventures, the successor platform that evolved from NFP Ventures and now leads the firm's investment activity. The platform closed a $100 million fund in July 2023 and has grown to approximately $155 million in aggregate commitments. The investment team is led by Shawn Ellis as Founder and General Partner, alongside Partners Adam Blumencranz and Michael Peri. NFP Ventures and Distributed Ventures lead seed and Series A rounds and follow into Series B, writing $1 million to $5 million initial checks into 15 to 20 companies per fund. The firm concentrates on the intersection of health, insurance, and wealth — specifically insurtech, fintech, digital health, HR tech, and employee benefits — where risk, cost, and outcomes converge. A defining advantage is the firm's strategic LP network of insurers and brokerages, which can unlock direct buyer access and commercial pilots for portfolio companies from the first day of partnership. The firm has approximately 33 investments across the platform. Notable portfolio companies include Honeycomb, a reinsurance-backed MGA using AI and computer vision for multi-family property insurance that reached approximately $55 million in total funding by 2024; TrustLayer, a real-time collaborative risk-management and proof-of-insurance verification platform; VaxAtlas, a digital vaccine-management platform; and Harness Wealth, a wealth-management platform. The firm's position inside the NFP and Aon ecosystem gives its portfolio companies an unmatched distribution channel into the corporate insurance and benefits market.