{"id":6565,"date":"2019-04-30T13:03:34","date_gmt":"2019-04-30T13:03:34","guid":{"rendered":"https:\/\/fintech.global\/digitalinsurtechforum\/?p=6565"},"modified":"2019-05-02T16:19:22","modified_gmt":"2019-05-02T16:19:22","slug":"av8-ventures-confirms-e150m-allianz-group-backed-fund-targeting-fintech-digital-health-enterprise","status":"publish","type":"post","link":"https:\/\/fintech.global\/digitalinsurtechforum\/av8-ventures-confirms-e150m-allianz-group-backed-fund-targeting-fintech-digital-health-enterprise\/","title":{"rendered":"AV8 Ventures confirms \u20ac150m Allianz Group-backed fund targeting fintech, digital health, enterprise"},"content":{"rendered":"<p><strong>AV8 Ventures, a new venture capital firm focused on areas including fintech and digital health, has launched a \u20ac150m fund solely backed by financial services major Allianz Group.<\/strong><\/p>\n<p>The firm has already tapped the vehicle for seven investments, including machine learning-based business contract specialist Contract Wrangler and mortgage industry disruptor M Qube.<\/p>\n<p>AV8 Ventures is directed by managing partners George Ugras and\u00a0<span class=\"xn-person\">Miles Kirby<\/span>, who have been executives and investors in category leading start-ups across a number of industries over the past 20 years.<\/p>\n<p>Ugras until recently led IBM Ventures globally, while Kirby ran the Qualcomm Venture Capital Group in\u00a0<span class=\"xn-location\">Europe.<\/span><\/p>\n<p>Allianz Group chief business transformation officer Ivan de la Sota said, \u201cAV8 Ventures is a pillar of our investment strategy in emerging, early stage companies.<\/p>\n<p>\u201cThis exceptional team of experienced investors and technologists is focusing on breakthrough approaches that impact the consumption of machine learning across healthcare, mobility and enterprise solutions.<\/p>\n<p>\u201cAV8 has already built an impressive portfolio of companies that will bring us new insights and value across Allianz.\u201d<\/p>\n<p>Co-founder and CEO of Alpha Medical,\u00a0<span class=\"xn-person\">Gloria Lau, added, \u201cW<\/span>e have been partnering with AV8 from the concept stage.<\/p>\n<p>\u201cTheir guidance has helped us deploy our strategy to enable a simple and personalized commerce experience supported by a team of AI-assisted doctors and pharmacies.\u201d<\/p>\n<p>Allianz Group is one of the world\u2019s leading insurers and asset managers, with more than 92 million retail and corporate customers.<\/p>\n<p>It manages about \u20ac<span class=\"xn-money\">673bn<\/span>\u00a0on behalf of its insurance customers, and more than \u20ac1.4tn of third-party assets through its PIMCO and Allianz Global Investors arms.<\/p>\n<p>Copyright \u00a9 2019\u00a0FinTech Global<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AV8 Ventures, a new venture capital firm focused on areas including fintech and digital health, has launched a \u20ac150m fund solely backed by financial services major Allianz Group. The firm has already tapped the vehicle for seven investments, including machine learning-based business contract specialist Contract Wrangler and mortgage industry disruptor M Qube. AV8 Ventures is&#8230; <\/p>\n<div class=\"clear\"><\/div>\n<p><a href=\"https:\/\/fintech.global\/digitalinsurtechforum\/av8-ventures-confirms-e150m-allianz-group-backed-fund-targeting-fintech-digital-health-enterprise\/\" class=\"gdlr-info-font excerpt-read-more\">Read More<\/a><\/p>\n","protected":false},"author":10,"featured_media":6566,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/fintech.global\/digitalinsurtechforum\/wp-json\/wp\/v2\/posts\/6565"}],"collection":[{"href":"https:\/\/fintech.global\/digitalinsurtechforum\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fintech.global\/digitalinsurtechforum\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fintech.global\/digitalinsurtechforum\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/fintech.global\/digitalinsurtechforum\/wp-json\/wp\/v2\/comments?post=6565"}],"version-history":[{"count":0,"href":"https:\/\/fintech.global\/digitalinsurtechforum\/wp-json\/wp\/v2\/posts\/6565\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fintech.global\/digitalinsurtechforum\/wp-json\/wp\/v2\/media\/6566"}],"wp:attachment":[{"href":"https:\/\/fintech.global\/digitalinsurtechforum\/wp-json\/wp\/v2\/media?parent=6565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fintech.global\/digitalinsurtechforum\/wp-json\/wp\/v2\/categories?post=6565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fintech.global\/digitalinsurtechforum\/wp-json\/wp\/v2\/tags?post=6565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}