OMERS Ventures led a $17.7m Series A round in Joyn Insurance.

OMERS Ventures, a early stage venture capital firm, led a $17.7m Series A round in Joyn Insurance, an insurance technology company, with participation from Avanta Ventures, ManchesterStory, Cohen Circle and SiriusPoint. "We invested in Joyn because we saw the results that they are already delivering and the tremendous potential for their future growth in the super-hot E&S space. As we were doing our diligence while evaluating this opportunity, I was particularly struck by the broker feedback I received from those who had worked with Joyn. Despite a high bar for admitted products, the E&S quote and bind experience at many companies is still largely done by pen and paper, and the brokers we talked to have been stunned at how Joyn addresses these longstanding inefficiencies. We couldn't be more proud to back this world-class team as they disrupt the fastest growing sector of commercial insurance," David Wechsler, OMERS Ventures Principal.