Helium Ventures, an AI-native holding company that acquires and stewards software businesses, announced the acquisition of InsurGrid, the insurtech platform for insurance policy data collection and verification used by over 2,500 property and casualty insurance agents nationwide.
Founded in 2019, InsurGrid was built to eliminate one of the most persistent inefficiencies in insurance distribution: the manual back-and-forth required to gather policy and declaration information.
Its carrier-agnostic platform connects to more than 350 insurance carriers, allowing agents to request and receive declaration pages, policy details, and coverage information directly from clients’ existing insurers through a single secure link.
The acquisition marks a significant step in Helium Ventures’ strategy as an AI-native holding company focused on acquiring and scaling software businesses with proven product-market fit in underserved markets. Financial terms of the transaction were not disclosed.
InsurGrid previously raised $3.4 mn in pre-seed funding led by Engineering Capital, with participation from Hustle Fund, Cedana Capital, and strategic angel investors.
Since joining Helium Ventures, the company has reported 50% year-over-year growth through Q4 2025 and has accelerated its product roadmap.
New capabilities launched over the past year include tools tailored for modern independent agencies, insurance verification workflows for landlords, an AI-powered policy review workspace, commercial lines data extraction, policy cancellation tools, and expanded APIs designed to support deeper automation and integration with agency management systems and rating platforms.
Chase Beach, founder and former chief executive of InsurGrid, said that under Helium’s ownership the pace of innovation has increased materially, with long-requested features now being delivered to customers. He added that the platform is positioned to become a core data infrastructure layer for P&C agencies of all sizes.
Under Helium’s ownership, we’re seeing unprecedented innovation and growth. The team has already delivered features our customers have been requesting for years, and I’m excited to see InsurGrid become the definitive P&C data platform for agencies of all sizes.
Chase Beach, founder and former CEO of InsurGrid
Helium Ventures was founded by Rohit Mittal, chief executive, and Priyank Singh, chief technology officer, who previously co-founded fintech company Stilt, which was acquired by JG Wentworth.
Mittal said InsurGrid fits Helium’s investment thesis by addressing a clear operational pain point with a scalable B2B product serving a large and fragmented market.
From an agency perspective, InsurGrid enables faster quoting, more accurate submissions, and improved cross-sell discovery by ensuring agents start with complete and verified policy data.
According to customer feedback, the platform reduces friction for clients regardless of age or technical sophistication and directly supports higher bind rates and faster commission generation.
InsurGrid reports that its platform helps agents collect more than 80,000 declaration pages annually and supports the placement of over $250 mn in written premium each year.
The company continues to expand its engineering, product, and customer success teams, while maintaining enterprise-grade security standards including 256-bit AES encryption and strict compliance controls.
Following the acquisition, Helium Ventures plans to invest further in InsurGrid’s product development and team expansion, positioning the platform as a definitive AI-powered policy data and verification layer for the US P&C insurance market.
