SCOR Ventures
Description
SCOR Ventures is the corporate venture capital arm of SCOR, a leading global reinsurance company headquartered in Paris, France. Launched in October 2022, this strategic initiative aims to identify, invest in, and partner with early-stage startups that are developing innovative solutions relevant to the future of reinsurance and risk management. The establishment of SCOR Ventures underscores the parent company's commitment to fostering innovation and leveraging emerging technologies to enhance its core business operations and explore new growth avenues within the evolving insurance landscape.
The venture arm primarily targets investments in Seed to Series B stage companies, focusing on sectors critical to SCOR's strategic interests. These key areas include Insurtech, ClimateTech, and HealthTech, reflecting the evolving challenges and opportunities in global risk. SCOR Ventures seeks to support companies that can drive advancements in areas such as data analytics, artificial intelligence, climate resilience, and digital health solutions. Their initial investment tickets typically range from €250,000 to €2 million, which translates to approximately $270,000 to $2.16 million USD, demonstrating a commitment to meaningful early-stage capital deployment.
Beyond financial investment, SCOR Ventures offers portfolio companies access to SCOR's extensive global network, deep industry expertise, and strategic guidance. This value-add approach aims to accelerate the growth and market penetration of its portfolio companies by facilitating collaborations with SCOR's business units and clients. By integrating innovative solutions from these startups, SCOR Ventures helps its parent company stay at the forefront of industry trends and maintain its competitive edge in the global reinsurance market. The strategic objective is to create a symbiotic relationship where SCOR gains insights and access to cutting-edge technologies, while startups benefit from a powerful corporate partner.
Investor Profile
SCOR Ventures has backed more than 22 startups, with 1 new investments in the last 12 months alone. The firm has led 5 rounds, about 23% of its total and boasts 3 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series B, Series A, Series C rounds (top funding stages).
- Majority of deals are located in United States, Canada, Spain.
- Strong thematic focus on InsurTech, Artificial Intelligence (AI), Software.
- Typical check size: $270K – $2.2M.
Stage Focus
- Series B (32%)
- Series A (27%)
- Series C (14%)
- Seed (9%)
- Convertible Note (9%)
- Debt Financing (5%)
- Series Unknown (5%)
Country Focus
- United States (59%)
- Canada (9%)
- Spain (9%)
- Mexico (5%)
- Portugal (5%)
- Ireland (5%)
- Germany (5%)
- France (5%)
Industry Focus
- Insurtech
- Artificial Intelligence (Ai)
- Software
- Insurance
- Machine Learning
- Health Care
- Commercial Real Estate
- Real Estate
- Fintech
- Auto Insurance
Frequently Asked Questions
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