Comeryx Launches as AI-Native MGA; Secures $7.5 Million in Seed Funding
Led by Altai Ventures, the investment fuels an automated, wholesale-exclusive platform designed to fix the profitability gap in small commercial insurance.
Read moreThe Mission
Smarter Coverage for Hard-to-Place Risks
Leadership
Built by Operators, Not Experimenters
We are a team of industry veterans who have built and scaled insurance and technology businesses before. We combine deep technical discipline with decades of specialty underwriting experience.
Dax Craig
CEO
Co-Founder and former president of Pie Insurance ($500M+ GWP), an analytically driven, digital small business work comp insurer, and founder of Valen Analytics (acquired by Insurity), a pioneer in analytically-driven underwriting.
Elad Kolet
CTO
Co-Founder and former CTO of Lively Hearing (acquired by GN Hearing). Served as an engineering leader at Microsoft and Facebook for over a decade. A veteran of Unit 8200 with deep expertise in scaling regulated platforms.
Matt Frazier
Head of Analytics and Operations
Former Chief Analytics Officer at Pie Insurance and Chief Scoring Officer at Valen Analytics. 15+ years optimizing profitability through predictive analytics.
Melissa Bernard
Founding Underwriter
28 years of E&S Specialty Lines experience (CapSpecialty, Freberg Environmental, RT Specialty). An expert in Environmental and Casualty lines underwriting.
Strategic Backing
Our Investors
Altai Ventures
Investor specializing in insurance and insurance technology (insurtech).
American Family Ventures
Premier US venture investor arm of large insurance carrier
Intact Ventures
Venture arm of Canada's largest P&C insurer.
Arch Capital Group Ltd.
Global specialty insurer and reinsurer
Boulder Ventures
Colorado tech and biotech investor
Echelon Capital
Tech and hard tech investor, first investor in Pie
Our Values
What We Stand For
Integrity
The “Straight Answers” Rule
We do the right thing even when no one is watching. In a market known for complexity, we provide straight answers and honest quotes. We prioritize clarity over jargon because our customers don't have time for fluff.
Extreme Ownership
The “In Your Corner” Rule
We act like owners who care deeply about our customers and agents. We stand as a backstop for the trades. When there is a problem, we don't look for someone to blame; we look for a way to solve it.
Radical Simplicity
The “First Principles” Rule
We apply First Principles thinking to insurance. We challenge assumptions and break down complex problems to their root causes. We strive to “make everything as simple as possible, but no simpler” (Albert Einstein), rebuilding processes from the ground up to eliminate friction.
AI Native & Data-Obsessed
The “Smarter Coverage” Rule
We are AI-native, not just AI-enabled. AI is the central nervous system of our company, architected from the ground up to power every function. Data dictates our direction: it guides our underwriting, optimizes our day-to-day execution, and validates our strategy. We are math-anchored in everything we do, relying on data to treat $1K accounts like $1M opportunities.
Serious Fun
The “Work/Life” Rule
We take the mission seriously, but never ourselves. We believe in fun at work and fun in life. We cultivate a positive atmosphere where camaraderie fuels our resilience, and we ensure the ride is as rewarding as the destination.
Co·mer·yx
Our name has meaning.
Co
Colorado
Our HQ is in Colorado, an entrepreneurial state that leads in innovation, technology, and stewardship of the environment.
mer
Honoring a 30 year Mentor and Friend
R.C. (“Merc”) Mercure was a technology entrepreneur who helped found Ball Aerospace, invented the technology behind modern mobile phone cameras (Wavefront Coding), and was widely considered one of the godfathers of Boulder's world-class tech ecosystem.
yx
The Finishing Touch
A nice way to make the name sing.
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