ManchesterStory Group launches new insurer-backed venture capital firm

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Des Moines, IA, Feb. 08, 2017 (GLOBE NEWSWIRE) —

DES MOINES, IA (February 8, 2017)—Founders David Miles and Matt Kinley announced today the launch of ManchesterStory Group, a venture capital firm backed by a consortium of leading insurance companies from across the country.

ManchesterStory’s investment strategy targets early to growth-stage investments in FinTech and Healthcare, with a particular interest in technologies spurring innovation in the insurance industry.  ManchesterStory expects to be attractive to entrepreneurs seeking to benefit from the firm’s experience in helping startups to succeed, as well as the opportunity to form key industry relationships.

An active investor in Healthcare & FinTech for the last twenty-two years, Matt Kinley stated, “We see tremendous investment opportunity in our target sectors, which together comprise 25% of the U.S. economy. Each has significant potential for digital transformation, and both are integrally connected to and impacted by insurance.”

Dave Miles, a thirty-year insurance investment veteran, commented “Across the financial services landscape, traditional players are adopting and/or being disrupted by digital innovations that are being demanded by their customers. Technologies that improve customer engagement, decision-making, and back-end efficiencies, are improving the entire value chain.  ManchesterStory is ideally positioned to bring together industry leaders and startups around capital and strategy.”   

ManchesterStory is actively seeking investment opportunities across the U.S.  For more information, please visitwww.manchesterstory.com.

About ManchesterStory Group

ManchesterStory Group is a venture capital firm targeting investments in FinTech and Healthcare, with a particular interest in technologies impacting the insurance industry. Focused on early to growth-stage companies across the United States, ManchesterStory Group seeks to generate superior returns by connecting exceptional entrepreneurs to strategic capital and relationships.

CONTACT: Media Contact: Ben Handfelt Phone: 515-453-2109Email: BHandfelt@StrategicAmerica.com 

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