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Munich Re Ventures

North America, New Jersey, United States, Princeton

Description

Munich Re Ventures (MRV) serves as the strategic venture capital arm of Munich Re, one of the world's leading reinsurers. Established to identify and invest in innovative early to growth-stage companies, MRV's mission extends beyond financial returns to fostering strategic alignment and potential collaboration with its parent company. The firm leverages Munich Re's deep industry expertise and global network to support its portfolio companies, aiming to shape the future of insurance and related sectors through technological advancements and new business models.

The firm's investment thesis is broadly diversified, targeting sectors that are strategically relevant to Munich Re's core business and its long-term vision. Key focus areas include InsurTech, FinTech, Cybersecurity & Privacy, the Future of Transportation, Geospatial & Climate solutions, Industrial & IoT, and Frontier Tech. MRV invests globally, seeking out promising startups that are developing disruptive technologies or novel approaches within these domains. Their approach emphasizes building long-term partnerships, providing not just capital but also strategic guidance and access to Munich Re's extensive resources and client base.

Regarding investment size, Munich Re Ventures typically deploys initial checks ranging from $5 million to $15 million in early to growth-stage funding rounds. This flexibility allows them to support companies from their nascent stages through significant scaling efforts, with a clear capacity to participate in follow-on rounds as portfolio companies mature. As of 2023, MRV has demonstrated significant scale, having invested over $1 billion across a diverse portfolio of more than 70 companies worldwide. This substantial deployment of capital underscores their commitment to driving innovation and their significant footprint in the venture capital landscape.

Investor Profile

Munich Re Ventures has backed more than 87 startups, with 13 new investments in the last 12 months alone. The firm has led 30 rounds, about 34% of its total and boasts 6 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Series C rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Israel.
  • Strong thematic focus on InsurTech, Insurance, Software.
  • Led 4 rounds in the past year.
  • Typical check size: $5M – $15M.

Stage Focus

  • Series B (31%)
  • Series A (31%)
  • Series C (11%)
  • Seed (10%)
  • Series D (9%)
  • Series Unknown (5%)
  • Pre Seed (1%)
  • Series E (1%)

Country Focus

  • United States (72%)
  • United Kingdom (8%)
  • Israel (7%)
  • Germany (3%)
  • France (2%)
  • India (2%)
  • Brazil (2%)
  • The Netherlands (1%)

Industry Focus

  • Insurtech
  • Insurance
  • Software
  • Financial Services
  • Information Technology
  • Finance
  • Cyber Security
  • Commercial Insurance
  • Fintech
  • Industrial Manufacturing
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Munich Re Ventures frequently co-invest with?

Ribbit Capital
North America, California, United States, Palo Alto
Co-Investments: 4
Qualcomm Ventures
North America, California, United States, San Diego
Co-Investments: 5
8VC
North America, California, United States, San Francisco
Co-Investments: 5
Aquiline Technology Growth
North America, New York, United States, New York
Co-Investments: 4
Global Founders Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 4
Lightspeed Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 6
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 5
Zeev Ventures
North America, California, United States, Palo Alto
Co-Investments: 6
Capricorn Investment Group
North America, California, United States, Palo Alto
Co-Investments: 4
Khosla Ventures
North America, California, United States, Menlo Park
Co-Investments: 5

Which angels does Munich Re Ventures often collaborate with?

MO
Europe, Berlin, Germany, Berlin
Shared Deals: 1
CD
North America, California, United States, San Francisco
Shared Deals: 1
OD
North America, California, United States, Palo Alto
Shared Deals: 1
IL
Europe, Germany
Shared Deals: 1
AK
Europe, Hamburg, Germany, Hamburg
Shared Deals: 1
TN
North America, Georgia, United States, Atlanta
Shared Deals: 1
CF
North America, Illinois, United States, Chicago
Shared Deals: 1
JP
Europe, Geneve, Switzerland, Geneva
Shared Deals: 1
SC
North America, New York, United States, New York
Shared Deals: 1
Shlomo Kramer
Asia, Tel Aviv, Israel, Tel Aviv
Shared Deals: 3

What are some of recent deals done by Munich Re Ventures?

Empathy

New York, New York, United States

Empathy is a support system mobile application that guides and supports families along the journey of loss.

AppsHealth CareInformation TechnologySoftware
Series CMay 29, 2025
Amount Raised: $72,000,000
Sentra

Tel Aviv, Tel Aviv, Israel

Sentra is a cloud-native data security platform that utilizes AI to automatically discover and classify data.

Cloud SecurityCyber SecurityNetwork SecuritySaaS
Series BApr 22, 2025
Amount Raised: $50,000,000
Azos

São Paulo, Sao Paulo, Brazil

Azos is an insurtech that offers best in class insurance products in Brazilian market.

Financial ServicesInsuranceInsurTech
Series BFeb 19, 2025
Amount Raised: $30,500,000
High Definition Vehicle Insurance

Chicago, Illinois, United States

HDVI is a technology-first commercial auto insurance provider.

Auto InsuranceCommercial InsuranceFleet ManagementInsurTech
Series UnknownFeb 12, 2025
Amount Raised: $40,000,000
VEIR

Woburn, Massachusetts, United States

VEIR develops superconducting wires for electrical transmission that are used in data centers and renewable energy sectors.

Electrical DistributionPower GridSolar
Series BJan 28, 2025
Amount Raised: $75,000,000
Starfish Space

Tukwila, Washington, United States

Starfish Space develops and manufactures autonomous space vehicles that perform in-orbit, satellite servicing missions.

AerospaceManufacturingSpace TravelTransportation
Series ANov 13, 2024
Amount Raised: $29,000,000
Abstract Security

San Francisco, California, United States

Abstract Security provides data management solutions for security and compliance analytics.

Big DataCyber SecurityInformation Technology
Series AOct 28, 2024
Amount Raised: $15,000,000
Inspectify

Seattle, Washington, United States

Inspectify aims to develop a platform that helps inspectors, real estate professionals and home buyers alike.

Information TechnologyReal EstateSoftware
Series UnknownOct 24, 2024
Amount Raised: $5,260,000
Stoïk

Paris, Ile-de-France, France

Stoïk is a cyber insurtech company that help businesses manage their exposure to cyber risks.

Cloud SecurityCyber SecurityInsuranceInsurTech
Series BOct 15, 2024
Amount Raised: $27,208,486
Air Doctor

Beit Neqofa, Yerushalayim, Israel

Air Doctor connects travelers with licensed doctors for immediate medical care.

Health CareInsurTechTravel
Series BOct 1, 2024
Amount Raised: $20,000,000