Status
ACTIVE
Global HQ
Munich, Germany
Countries of investment
- Germany
- United States
- United Kingdom
- France
Investment stages
- Growth
Industries
- Insurtech
- Fintech
- Wealthtech
- Healthtech
- Mobility
- Cybersecurity
- Digital marketplaces
About
Allianz X is a Munich-based corporate venture capital firm focused on insurtech and fintech. Their focus spans Germany, the United States, the United Kingdom, and France. The firm supports founders at the growth stage.
Allianz X is a Munich-based corporate venture capital firm focused on insurtech and fintech. Their focus spans Germany, the United States, the United Kingdom, and France. The firm supports founders at the growth stage.
Investment Thesis
Allianz X is the digital investment arm of Allianz Group, deploying growth-stage capital into insurtech and fintech companies strategically relevant to Allianz's global insurance business. The firm differentiates itself through access to Europe's largest insurer's balance sheet, distribution network, and long-term capital.
Manager's Experience
Digital investment unit of Allianz Group, based in Munich and led by CEO Nazim Cetin. Invests exclusively off Allianz's balance sheet with a mandate in the €1bn range, taking significant minority stakes in later-stage companies rather than seed positions. Portfolio has included N26, Lemonade, GO-JEK, Coya and American Well. (Mandate size unverified.)
Team
Nazim Cetin-Chief Executive Officer
Portfolio
N26
Lemonade
Next Insurance
Coterie Insurance
Openly
Ualá
Cambridge Mobile Telematics
AlTi Global
SandboxAQ
Fundbox
WeLab
SafeBoda
Innovation Group
OpenGamma
GO-JEK
Simplesurance