
American Express
Description
American Express, a global financial services giant, operates its corporate venture capital arm, Amex Ventures, which was formally established in 2011. This strategic investment vehicle focuses on identifying and supporting innovative startups that align with American Express's core business objectives and future growth areas. Rather than purely financial returns, Amex Ventures prioritizes strategic alignment, seeking companies that can enhance the American Express ecosystem, improve customer experiences, or introduce new technologies relevant to payments, commerce, and financial services. Their mandate is global, investing across North America, Europe, and Asia.
Amex Ventures primarily invests in early to growth-stage companies, typically from Seed to Series C rounds, with a strong emphasis on fintech, B2B software, commerce, travel, and artificial intelligence. The firm looks for startups that offer disruptive technologies or business models capable of solving real-world problems for consumers and businesses, particularly those that can integrate with or complement American Express's extensive network of card members and merchants. Their investment thesis is deeply rooted in fostering innovation that can drive value for American Express, whether through new product development, enhanced operational efficiency, or expanded market reach.
Since its inception, Amex Ventures has built a diverse portfolio, having made over 100 investments globally. They often participate in co-investment rounds alongside traditional venture capital firms, leveraging their industry expertise and global network to support portfolio companies. While specific check sizes can vary based on the stage and strategic importance of the investment, Amex Ventures typically writes initial checks ranging from approximately $1 million to $15 million, though they can participate in larger rounds as a follow-on investor or for highly strategic later-stage opportunities. Their involvement extends beyond capital, offering portfolio companies access to American Express's vast resources, including mentorship, potential partnerships, and market insights, facilitating growth and scaling.
Investor Profile
American Express has backed more than 39 startups, with 1 new investments in the last 12 months alone. The firm has led 8 rounds, about 21% of its total and boasts 16 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series Unknown, Series C, Series B rounds (top funding stages).
- Majority of deals are located in United States, Sweden, India.
- Strong thematic focus on Software, Internet, FinTech.
- Typical check size: $1M – $15M.
Stage Focus
- Series Unknown (28%)
- Series C (21%)
- Series B (18%)
- Series D (8%)
- Grant (5%)
- Seed (5%)
- Series A (5%)
- Series E (5%)
- Private Equity (3%)
- Corporate Round (3%)
Country Focus
- United States (74%)
- Sweden (8%)
- India (5%)
- Israel (3%)
- Mexico (3%)
- China (3%)
- United Kingdom (3%)
Industry Focus
- Software
- Internet
- Fintech
- Payments
- E-commerce
- Financial Services
- B2b
- Enterprise Software
- Mobile
- Mobile Payments
Frequently Asked Questions
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