Assurant Ventures Invests in Automotive Ventures’ Mobility Fund II
Assurant Ventures, the venture capital arm of Assurant (NYSE: AIZ), has announced an investment in Automotive Ventures' Mobility Fund II. The fund targets innovative early-stage startups across the mobility ecosystem, including connected vehicles, electric vehicles, and new mobility solutions.
The strategic investment aims to provide Assurant Global Automotive with access to emerging technologies and opportunities to support their automotive dealer clients. Automotive Ventures has made 39 investments across three funds, managing $35 million, and typically invests $250,000 in seed-stage mobility startups globally.
The fund focuses on dealership ecosystem innovations, including dealership performance, digital retailing, and aftermarket services. This partnership will enhance Assurant's ability to identify and evaluate next-generation solutions while leveraging their 60+ years of retail support and dealership performance management experience.
Assurant Ventures, la divisione di venture capital di Assurant (NYSE: AIZ), ha annunciato un investimento nel Mobility Fund II di Automotive Ventures. Il fondo si propone di investire in startup innovative nelle fasi iniziali all'interno dell'ecosistema della mobilità, comprese le vetture connesse, i veicoli elettrici e le nuove soluzioni di mobilità.
L'investimento strategico mira a fornire ad Assurant Global Automotive accesso a tecnologie emergenti e opportunità per supportare i loro clienti concessionari automobilistici. Automotive Ventures ha effettuato 39 investimenti attraverso tre fondi, gestendo 35 milioni di dollari, e di solito investe 250.000 dollari in startup di mobilità nelle fasi iniziali a livello globale.
Il fondo si concentra sulle innovazioni nell'ecosistema delle concessionarie, inclusi le prestazioni delle concessionarie, il commercio digitale e i servizi post-vendita. Questa partnership migliorerà la capacità di Assurant di identificare e valutare soluzioni di nuova generazione, sfruttando oltre 60 anni di esperienza nel supporto al commercio al dettaglio e nella gestione delle prestazioni delle concessionarie.
Assurant Ventures, la rama de capital de riesgo de Assurant (NYSE: AIZ), ha anunciado una inversión en el Mobility Fund II de Automotive Ventures. El fondo tiene como objetivo invertir en startups innovadoras en etapas tempranas dentro del ecosistema de movilidad, incluyendo vehículos conectados, vehículos eléctricos y nuevas soluciones de movilidad.
La inversión estratégica tiene como objetivo proporcionar a Assurant Global Automotive acceso a tecnologías emergentes y oportunidades para apoyar a sus clientes concesionarios de automóviles. Automotive Ventures ha realizado 39 inversiones a través de tres fondos, gestionando 35 millones de dólares, y generalmente invierte 250,000 dólares en startups de movilidad en etapas iniciales a nivel mundial.
El fondo se centra en innovaciones del ecosistema de concesionarios, incluyendo el rendimiento de las concesionarias, el comercio digital y los servicios postventa. Esta asociación mejorará la capacidad de Assurant para identificar y evaluar soluciones de próxima generación, aprovechando más de 60 años de experiencia en soporte de ventas al por menor y gestión del rendimiento de concesionarios.
Assurant Ventures, Assurant (NYSE: AIZ)의 벤처 캐피탈 부문, Automotive Ventures의 Mobility Fund II에 대한 투자를 발표했습니다. 이 펀드는 연결된 차량, 전기차 및 새로운 이동 수단 솔루션을 포함하여 이동성 생태계 전반에 걸쳐 혁신적인 초기 단계 스타트업을 목표로 합니다.
이 전략적 투자는 Assurant Global Automotive가 신기술과 자동차 딜러 고객을 지원하기 위한 기회에 접근할 수 있도록 하는 것을 목표로 합니다. Automotive Ventures는 세 개의 펀드를 통해 39건의 투자를 진행했으며, 3,500만 달러를 관리하고 있으며, 일반적으로 전 세계 초기 단계 이동성 스타트업에 25만 달러를 투자합니다.
이 펀드는 딜러십 생태계 혁신에 중점을 두며, 여기에는 딜러 성과, 디지털 소매 및 애프터마켓 서비스가 포함됩니다. 이 파트너십은 Assurant가 60년 이상의 소매 지원 및 딜러 성과 관리 경험을 활용하여 차세대 솔루션을 식별하고 평가하는 능력을 향상시킬 것입니다.
Assurant Ventures, la branche de capital-risque d'Assurant (NYSE: AIZ), a annoncé un investissement dans le Mobility Fund II d'Automotive Ventures. Le fonds vise à investir dans des startups innovantes en phase de démarrage dans l'écosystème de la mobilité, y compris les véhicules connectés, les véhicules électriques et les nouvelles solutions de mobilité.
L'investissement stratégique vise à fournir à Assurant Global Automotive un accès à des technologies émergentes et des opportunités pour soutenir ses clients concessionnaires automobiles. Automotive Ventures a réalisé 39 investissements à travers trois fonds, gérant 35 millions de dollars, et investit généralement 250 000 dollars dans des startups de mobilité en phase de démarrage à l'échelle mondiale.
Le fonds se concentre sur les innovations dans l'écosystème des concessionnaires, y compris la performance des concessionnaires, le commerce numérique et les services après-vente. Ce partenariat améliorera la capacité d'Assurant à identifier et évaluer des solutions de nouvelle génération tout en tirant parti de plus de 60 ans d'expérience dans le soutien au commerce de détail et la gestion des performances des concessionnaires.
Assurant Ventures, der Venture-Capital-Zweig von Assurant (NYSE: AIZ), hat eine Investition in den Mobility Fund II von Automotive Ventures angekündigt. Der Fonds zielt darauf ab, in innovative Startups in der Frühphase im Mobilitätsökosystem zu investieren, einschließlich vernetzter Fahrzeuge, Elektrofahrzeuge und neuer Mobilitätslösungen.
Die strategische Investition soll Assurant Global Automotive Zugang zu aufkommenden Technologien und Möglichkeiten bieten, um ihre Automobilhändlerkunden zu unterstützen. Automotive Ventures hat 39 Investitionen in drei Fonds getätigt, verwaltet 35 Millionen Dollar und investiert typischerweise 250.000 Dollar in Startups der Mobilität in der Seed-Phase weltweit.
Der Fonds konzentriert sich auf Innovationen im Ökosystem der Händler, einschließlich der Händlerleistung, des digitalen Handels und der Nachverkaufsdienste. Diese Partnerschaft wird die Fähigkeit von Assurant verbessern, Lösungen der nächsten Generation zu identifizieren und zu bewerten, während sie auf über 60 Jahre Erfahrung im Einzelhandel und im Management der Händlerleistung zurückgreifen.
- Strategic investment provides AIZ access to early-stage mobility technology startups
- Creates opportunities for co-investment in innovative automotive solutions
- Enhances AIZ's ability to support dealer clients with cutting-edge technologies
- None.
Insights
Assurant Ventures' investment in Automotive Ventures' Mobility Fund II represents a strategic positioning move in the evolving automotive technology landscape rather than an immediately material financial development for the
The investment gives Assurant privileged access to emerging startups across the mobility ecosystem, including connected vehicles, electric vehicles, and new mobility solutions. While specific investment amounts weren't disclosed, the context provides some perspective - Automotive Ventures manages
This partnership strategically aligns with Assurant's automotive business segment, potentially strengthening its dealer support capabilities through early identification of innovative technologies. The automotive sector is undergoing rapid technological transformation, and this investment positions Assurant to better navigate these changes while potentially enhancing its service offerings.
For investors, this represents Assurant's commitment to maintaining competitive relevance in the automotive protection space through strategic venture investments. The company is leveraging its venture arm to gain visibility into emerging technologies that could either complement existing offerings or represent future growth opportunities.
While unlikely to move the needle financially in the near term, this investment reflects prudent long-term strategic planning in a core business vertical. The partnership with Automotive Ventures, which has made 39 investments across its funds, provides Assurant with a specialized partner to identify promising startups in the dealership ecosystem, including areas like dealership performance, digital retailing, and aftermarket services.
Fund focuses on innovative early-stage startups across the mobility ecosystem, including connected vehicles, electric vehicles, and new mobility solutions
“Automotive Ventures provides unique access to a curated pipeline of promising early-stage mobility companies that we may not otherwise discover,” said AJ Fang, partner at Assurant Ventures. “This investment brings strategic value to our business and presents a powerful opportunity to co-invest in tools and technologies that support our automotive dealer partners in the evolving mobility space.”
“We’re thrilled to have a chance to work with Assurant Ventures in the new fund,” said Steve Greenfield, general partner of Automotive Ventures. “We look forward to sharing deal flow, working collaboratively with their team, and co-investing in early-stage startups across the mobility spectrum.”
Assurant is committed to serving a diverse, global network of dealership partners and this investment underscores the pursuit of best-in-class technologies to support them. Automotive Ventures closely monitors cutting-edge startups focused on the dealership ecosystem, including dealership performance, digital retailing, and aftermarket services.
“As the pace of innovation in mobility accelerates, Assurant remains an active partner in bringing new technology to our dealer customers,” said Jeff Strickland, EVP and President, Assurant Global Automotive. “We look forward to working with Automotive Ventures to identify and evaluate next-gen solutions. Combined with our more than 60 years of retail support and dealership performance management, these efforts will help drive outstanding service and performance for our clients.”
The Automotive Ventures Mobility Fund II is the firm’s third fund. Automotive Ventures has made 39 investments out of three funds and has
Assurant Ventures is dedicated to investing in transformative businesses that align with Assurant’s business.
About Assurant Ventures
Assurant Ventures is the venture capital investment arm of Assurant, Inc. (NYSE: AIZ), a premier global protection company that safeguards and services connected devices, homes and motor vehicles in partnership with the world’s leading brands. Assurant Ventures identifies and partners with forward-thinking businesses to drive value and innovation. For more information on Assurant Ventures, visit www.assurant.com/partner-with-us/partnerships/ventures.
About Automotive Ventures
Automotive Ventures is an early-stage venture capital firm dedicated to investing in companies shaping the future of mobility and automotive innovation. With a deep understanding of the industry, Automotive Ventures supports entrepreneurs in building impactful businesses that redefine mobility. For more information, visit www.automotiveventures.com.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20250312347936/en/
Media Contacts:
Assurant Ventures
David Biss
david.biss@assurant.com
Automotive Ventures
Steve Greenfield
steve@automotive.ventures
Source: Assurant Ventures
FAQ
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