Assurant Ventures

Assurant Ventures serves as the corporate venture capital arm of Assurant, Inc., a global provider of lifestyle and housing solutions. Established to strategically invest in and partner with innovative technology companies, Assurant Ventures aims to extend Assurant's core business capabilities and explore new growth avenues. The fund leverages the parent company's extensive industry expertise and global network, which reported $10.9 billion in revenue in 2023, to support its portfolio companies beyond just capital infusion.

The venture arm primarily focuses on early to growth-stage technology companies that align with Assurant's strategic priorities. These areas include connected living, digital protection, the future of housing (Proptech), and mobility. By targeting sectors like Insurtech, Fintech, and IoT, Assurant Ventures seeks to identify disruptive technologies and business models that can enhance Assurant's offerings or create new market opportunities. Their investment thesis emphasizes strategic alignment, seeking companies that can benefit from Assurant's operational scale and market insights.

Assurant Ventures typically provides capital alongside strategic guidance and access to Assurant’s global resources. While specific check sizes are not publicly disclosed, their participation in rounds ranging from early-stage to significant growth rounds suggests a flexible investment approach. Based on their focus on early to growth-stage companies and typical corporate venture capital practices, initial investments generally range from $1,000,000 to $10,000,000. The fund has been active, with a portfolio that includes participation in at least 18 funding rounds for various companies, demonstrating a consistent commitment to its investment strategy.

The fund's approach is characterized by a long-term view, fostering partnerships that can lead to mutual growth and innovation. They aim to be more than just a financial investor, offering strategic collaboration and potential integration opportunities within Assurant’s ecosystem. This strategic alignment helps portfolio companies accelerate their development and achieve market penetration, while also providing Assurant with early access to emerging technologies and market trends.