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Synopsis
Flourish Ventures, a global fintech venture capital firm, led a $25m Series B round in Reserv, a tech-enabled third-party administrator experiencing hypergrowth, with participation from BCV, Altai Ventures, and Accenture Ventures. "Reserv has demonstrated exceptional progress in a remarkably short period. They've successfully built modern infrastructure for an industry traditionally reliant on legacy systems, and their data-driven approach is delivering real value to carriers, MGAs, and ultimately, the policyholders they serve," Emmalyn Shaw, Flourish Ventures Co-founder and Managing Partner.
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