In 2015, Aegon became the first company in the insurance sector to leverage innovation through a dedicated investment fund. Transamerica Ventures has a budget of €100 million to fund start-ups developing new technologies for the financial sector.
With offices in The Hague, the Netherlands, and New York city, the fund is looking for smaller companies that are active in fields such as data analysis, digital financial advisory services and security against cybercrime, social media, enterprise IT, content publishing and more.
Aegon hopes to use any new insights it gains in its transformation from intermediary company, to a company that maintains its own contacts with end-clients. Aegon's intentions are more than simply financial – it hopes to become a client of these companies.
Click here to see the latest list of investments made by Transamerica Ventures.
Website: www.transamericaventures.com
Presentation: 2016 Update
Infographic: 5 Things you should know about our corporate venture fund
