About This Fund
Allianz X is the corporate venture capital arm of Allianz Group, one of the world's largest global insurers and asset managers. Founded in 2013 and headquartered in Munich, Germany, Allianz X manages over €2 billion in assets under management, deploying high-conviction capital into growth-stage digital companies operating at the intersection of insurance, financial services, and technology. The fund operates across five continents, functioning as a strategic bridge between portfolio companies and the broader Allianz ecosystem — a network spanning more than 70 countries and serving over 125 million customers worldwide.
Allianz X targets mature scale-ups at Series C and beyond, prioritizing companies in insurtech, fintech, embedded finance, cybersecurity, and digital wealth management. Beyond capital, portfolio companies gain access to Allianz's commercial distribution network, reinsurance partnerships, and operational expertise across its global operating entities. Investment structures range from minority growth-stage stakes to full strategic acquisitions, enabling the fund to support companies across multiple phases of growth. Allianz X also accepts third-party limited partners seeking exposure to digital financial services innovation.
With over 26 active direct investments and more than 10 unicorns backed — including cyber insurer Coalition, Latin American neobank Ualá, digital bank WeLab (Hong Kong), Canadian fintech Wealthsimple, and US insurtech Coterie — Allianz X has built one of the most active corporate VC portfolios in the global insurance sector. The fund has completed more than 10 exits and 5 full acquisitions. Its most recent landmark transaction was co-leading the $350 million secondary investment in AI road safety platform Cambridge Mobile Telematics alongside TPG's The Rise Fund, announced in March 2026.