Kaloyan Andonov spoke with Andrew Pitz, an associate at Transamerica Ventures, a New York firm that acts as the corporate venturing unit of Netherlands-based Aegon Insurance and its US-based subsidiary, Transamerica Life Insurance.
What is Transamerica Ventures’ ideal investment case? What is it that you look for in a startup in order to invest in it?
We ask two questions. The first is: “Does it fit?” The second is: “Is it a good deal?” The first question is prequalified by our venture team and then ultimately answered by our business units. The second question is a much bigger challenge and a much more involved process, since this analysis is the basis…