CASE STUDY · 2023 · INSURTECH

Insured Nomads raised $750K via MatCap intros — and $3.2M total.

Insurance for global companies and remote workers worldwide.

FOUNDER

Andrew Jernigan

SECTOR

InsurTech · Remote Work

STAGE

Bootstrapped → Seed

RELATIONSHIP STARTED

2020

RAISED VIA INTROS

$750K

TOTAL RAISED

$3.2M

The challenge

When Andrew first connected with MatCap in 2020, he had built a real product but knew "absolutely nothing about fundraising." No Bay Area network. Wrong assumptions about how venture works. He needed both the access and the education — and he needed someone willing to spend years on the relationship, not weeks.

What MatCap did

Hosted Andrew on the podcast (April 2020) — first exposure.
Invited him to the Forward Thinking City demo day.
Roughly 30 coaching calls on fundraising strategy over multiple years.
Made intros to 17 investors across the journey.
Taught the unwritten rules of Silicon Valley fundraising — what's a real signal, when to push, when to walk.

The outcome

$750K+ attributed directly to MatCap intros.
$3.2M total raised across rounds.
Bootstrapped → well-capitalized.

Seedscout is responsible for over $750,000 raised.

— Andrew Jernigan, Founder & CEO · Insured Nomads

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