08/09/2025
Today, JVP closed a $290M Continuation Vehicle in partnership with TPG to power Earnix’s AI-driven transformation of the global insurance industry.
We’re excited to partner with TPG, alongside Insight Partners, as we continue building Earnix into the leading AI platform for the insurance and financial services sectors. This transaction delivers 8.7x returns to JVP’s early investors and positions Earnix for its next phase of global expansion.
Earnix’s cloud-native AI platform already powers 100+ tier-1 institutions across 35+ countries—including AXA, Generali, Tokio Marine, Banco Santander, IAG, and Munich Re—redefining real-time pricing, rating, underwriting, and personalization.
This Continuation Vehicle - one of the largest of its kind for a venture capital firm - underscores JVP’s conviction in Earnix’s long-term potential. We’re proud to welcome TPG to the group of world-class investors supporting this next chapter, alongside Hamilton Lane, Partners Group, HighVista Strategies, Committed Advisors, Hollyport Capital, and Lexington Partners.
This is the JVP Way: investing and reinvesting in the companies we believe in, and taking a hands-on approach to company building that consistently turns best-in-class technologies into category-leading global businesses. This approach has produced dozens of significant IPOs and acquisitions from Israel and New York, including CyberArk (NASDAQ: CYBR), where JVP held a 47% stake at IPO and was recently acquired by Palo Alto Networks (NASDAQ: PANW) for $25B, Qlik $3B sale, Cogent Communications NASDAQ: CCOI) $3.5B sale, and more.
We’re proud of the Earnix leadership and teams across North America, Europe, Israel, and APAC as the company advances as an international leader in AI-powered insurance technology.