Allianz Life Ventures

We invest in innovative technology startups that align with our core business and financial goals.

Five startup companies selected as participants in the 2022 OnRamp Insurance Accelerator program

We’re a proud sponsor and host of the OnRamp Insurance Conference and OnRamp Insurance Accelerator program. We recently announced the five participants of the 2022 OnRamp Insurance Accelerator: Botdoc, ForwardLane, Manifest, Nestimate, and White Swan. These firms, all contributing innovative solutions to the insurance industry, will participate in a three-month concierge accelerator program located in the Twin Cities.

Who we are

As the corporate venture arm of Allianz Life Insurance Company of North America (Allianz Life), Allianz Life Ventures is uniquely positioned to leverage our financial strength and in-house knowledge to help our business partners succeed.

Financial strength

Allianz Life provides risk management solutions including wealth management, annuity, and life insurance products to millions of contract owners. With more than 2,000 employees and over $125.6 billion assets under management (AUM), Allianz Life offers us financial stability and industry knowledge.

Global presence

Allianz Life is part of a global financial powerhouse that serves more than 125 million customers around the globe. Our parent company, Allianz SE, is located in more than 70 countries with over 150,000 employees. Allianz SE is one of the largest financial services companies in the world.

Market insights

We’ll help you connect with top industry talent specializing in consumer insights, regulatory impact, financial trends, and more. As a part of the Allianz global network, our investments help promote entrepreneurship and digital transformation in the financial services industry, and our professionals can help startup companies build and support innovative technologies.

Our investment philosophy

We have a simple investment philosophy – we make investments in companies with market traction and a demonstrated ability to drive innovation.

Investing is more than a transaction for us – it’s a mutually beneficial relationship. Our initial investment size typically ranges from $500,000 to $5 million, and we’re active in all investment stages – from seed and early stage to growth – within North America.

Our focus is on startups in these areas:

Core business needs

We’re looking for investments or partnerships that provide innovative solutions in support of our current business needs and opportunities.

Emerging markets and technologies

We’re in search of investments that provide early reads on emerging markets or technologies and options for future business growth beyond our existing initiatives.

Growth opportunities

We’re seeking investment or partnerships that support our growth strategies, including life insurance, employer markets, advisory channels, and retiree services.

Our portfolio

Meet some of our current portfolio companies.

Accern

Accern accelerates workflows for enterprises with a no-code AI development platform.

Advizr

Advizr is dedicated to creating financial planning software that enables profitable financial planning for all of its customers.

Acquired by Orion

Blooom

Blooom is an online investment advisor that manages employer-sponsored retirement accounts [401(k), 403(b) and TSP] for individual clients.

Covr

Covr is a multi-carrier, digital life insurance platform that is white-labeled and distributed through financial institutions.

Ellevest

Ellevest provides an engaging investing experience to help women meet their financial goals in life.

FLX Networks

FLX Networks is a financial technology company revolutionizing the distribution experience between asset managers, wealth management firms, and financial advisors.

Gainfully

Gainfully is a financial services platform that helps financial professionals generate new business and better connect with their clients.

Acquired by White Glove

Halo

Halo Investing is a financial technology platform that provides structured note, annuity, and buffered ETF investments to the average investor.

HomeThrive

HomeThrive is a technology-enabled health care service company that reduces work, worry, and stress for unpaid family caregivers, their loved ones, and their employers.

Human API

Human API is a real-time health data network that gives consumers a simple way to view and share their health data from everywhere.

Ladder

Ladder provides an online platform that enables consumers to purchase term policies in minutes from highly rated insurers.

LifeYield

LifeYield is a software company that helps forward-thinking financial firms, advisors, and investors make and keep more money.

Micruity

Micruity powers lifetime income products in retirement plans by enabling all stakeholders to share data through a single secure connection.

Reframe Financial

Reframe Financial is an insurtech company focused on helping today’s families prepare for the financial issues of aging.

Tomorrow

Tomorrow develops applications that help protect a family’s financial future.

Acquired by Ethos

True Link

True Link provides financial services, including special needs trusts, managed accounts, and Visa Prepaid Cards, for older adults, people with disabilities, and people recovering from addiction.

Vestwell

Vestwell’s cloud-based, digital recordkeeper provides the underlying infrastructure to power workplace savings and investing programs, such as 401(k) and 403(b) retirement plans.

See our portfolio companies in the news

Ellevest raises $53 million in Series B funding round backed by a powerful roster of women investors

Ladder raises $100 million in equity funding, a Series D that values the company at $900 million

Partnerships

OnRamp insurtech conference

We are a proud presenter of the annual OnRamp Insurance Conference, bringing together the insurance industry’s leading corporations, investors, and startups.

OnRamp Insurance Accelerator

Each year, we partner with the OnRamp Insurance Accelerator and Securian Financial to invest in five insurtech startups who participate in a concierge accelerator program in the Twin Cities.

Allianz Life Ventures team

We offer a wealth of experience. From startup ventures to global investment banking, our team has several decades of combined experience in the industry.

Chad Virgin

Managing Director

As managing director, Chad is responsible for the strategic direction of Allianz Life Ventures. He guides his team to help build strategic partnerships with innovative fintech startups, and has been in his current role since 2018. His areas of focus include the fintech landscape, venture capital, impact investing, and corporate innovation.

Ron Gonen

Principal

With more than 15 years in the financial services and ventures industry, Ron has broad experience with investment sourcing, financial due diligence, market and company analysis, portfolio management, and advising startups across their life cycle. In addition, Ron also has multiple years of experience deploying capital into alternative investment strategies and supporting portfolio companies through board representation.

Collin Bhojwani

Associate

With four years of experience in the financial services industry, Collin has broad technical experience across the investment management landscape. His areas of focus include the fintech landscape, venture capital, impact investing, and corporate innovation.

Allianz Life Ventures

We invest in innovative technology startups that align with our core business and financial goals.

Error