Insurance provider Assurant's corporate venturing unit has had three portfolio companies enter reverse merger deals since the start of March.
Assurant Ventures, the corporate venture capital arm of US-headquartered insurance firm Assurant, revealed yesterday it has now invested $100m altogether.
Formed in 2015 as Assurant Growth Investing, Assurant Ventures provides funding for companies developing technologies focused on insurance as well as the consumer connectivity, automotive and housing sectors.
The unit has backed more than 20 companies, three of which – online automotive marketplace Cazoo, smart home technology producer SmartRent and real estate technology provider Doma – have…
