American Family Ventures, the Madison, WI-based corporate venture capital arm of American Family Insurance, added Drew Aldrich as Principal.
Aldrich previously was Director at AXA Equitable, Senior Associate at AXA Strategic Ventures, Chief Strategy Officer & Senior Vice President at Trans-Lux/Fair-Play, Inc., and Founder & CEO at CalendarFly.com.
Led by Dan Reed, Managing Director, Peter Gunder, Chief Business Development Officer, Molly Lahr, Head of Platform, Josh Aycock, Principal, Shrey Gosalia, Associate, Vik Sasi, Associate, and Patrick Klas, Senior Analyst, American Family Ventures invests in opportunities at the intersection of technology and risk management with a focus on companies creating:
– digital connections among individuals, vehicles, households and organizations in order to improve safety, efficiency and quality of life,
– next-generation analytics solutions that unleash the value of data, and
– insurance-related products and business models that help serve American Family Insurance’s policyholders and empower agents.
The portfolio includes Cozy, Coverhound, Ring, Life360, Clearcover, LeaseLock, Katasi, Spredfast, Bunker, Your Mechanic, Chai, Wirelss Registry, etc.
Exits included Shoutlet, MLabs, Airphrame, and Revolv.
FinSMEs
24/04/2017