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Our venture fund

Taking a strategic approach to our investment

Our winning formula is to focus on identifying start-ups with emerging technologies and disruptive business models, in the domains which are closest to our heart.

Insurtech Icon

Insurtech

Big Data Icon

Big Data

Internet of Things Icon

Internet of Things

Fintech Icon

Fintech

Cyber Security Icon

Cyber Security

Machine Learning Icon

Machine Learning

Artificial Intelligence Icon

Artificial Intelligence

  • Insurtech pictogram

    Insurtech

  • AI pictogram

    Artificial Intelligence

  • Big Data pictogram

    Big Data

  • Machine Learning pictogram

    Machine Learning

  • IOT pictogram

    Internet of Things

  • Cyber Security pictogram

    Cyber Security

  • Fintech pictogram

    Fintech

  • Insurtech pictogram

    Insurtech

  • AI pictogram

    Artificial Intelligence

  • Big Data pictogram

    Big Data

  • Machine Learning pictogram

    Machine Learning

  • IOT pictogram

    Internet of Things

  • Cyber Security pictogram

    Cyber Security

  • Fintech pictogram

    Fintech

  • Insurtech pictogram

    Insurtech

  • AI pictogram

    Artificial Intelligence

  • Big Data pictogram

    Big Data

  • Machine Learning pictogram

    Machine Learning

  • IOT pictogram

    Internet of Things

  • Cyber Security pictogram

    Cyber Security

Back to our core

Our investment themes

Our investment themes help us to develop a better lens for investment decisions and better align with IAG, the source of our venture fund.

We partner with frontiers of advanced technologies which are important to the future of IAG. This includes machine learning, computer vision, deep analytics and IoT.

Our investment checklist

What we look out for

Besides a fundamental alignment with our investment themes, here are the things we look out for in companies that we seek to invest in.

Don’t check all the boxes? We’re happy to explore if there is a compelling reason to draw us into a partnership anyway.

Series A funding and above

We focus our investments on companies that are beyond seed level funding.

Adequate shares owned by founders

We look for start-ups in which founders have adequate ‘skin in the game’.

Demonstrate product-market fit

We are interested in start-ups which have gained significant traction and proof of the business model such as through recurring revenue or user acquisition.

Preference shares

We prefer start-ups that are able to provide preference shares instead of ordinary shares.

Co-investment

We typically don’t lead funding rounds. We look for another reputable investor (such as a venture fund, corporate investor or otherwise) to be leading the round.

Employee Stock Option Plan

We like to see that companies have an appropriate ESOP >10% unallocated.

How we work

Our investment process

While each investment’s process is unique depending on its specificities, here’s what you might expect to happen.

01

We review

We review your pitch to ensure that it aligns with our focus areas, and check back with IAG business units if there is indicative interest. This ensures there are no obvious showstoppers before we commit further.

02

We evaluate

We evaluate the robustness of your business strategy and develop the strategic rationale and business case. This includes competitor market scan and drawing relevant support from subject matter experts.

03

We discuss

We discuss phased engagement, branding communications & PR, data sharing & privacy and termination rights. Complete DD is also done with attention to financial risk, data & cyber security, reputation & ethics and IP rights.

04

We engage

When you are finally part of our portfolio, expect to have ongoing review and reporting of financial performance, strategic performance and changes to risk & governance. We will also look out for opportunities for follow-on investment funding.

See a potential fit?

Share your business pitch with us so we can take this further.