Search company, investor...

Predict your next investment

Diversified Financial Services
FINANCE | Asset/Financial Management
prudential.com

Investments

22

Portfolio Exits

10

Partners & Customers

10

Service Providers

1

About Prudential

Prudential (NYSE: PRU) is a financial services company that has operations in the United States, Asia, Europe, and Latin America. Prudential's diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. Prudential was founded in 1875 and is headquartered in Newark, New Jersey.

Headquarters Location

751 Broad Street

Newark, New Jersey, 07102,

United States

Want to inform investors similar to Prudential about your company?

Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.

Expert Collections containing Prudential

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Prudential in 1 Expert Collection, including Fortune 500 Investor list.

F

Fortune 500 Investor list

590 items

This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.

Research containing Prudential

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Prudential in 3 CB Insights research briefs, most recently on Aug 18, 2021.

Latest Prudential News

PGIM India to launch AIF, international investment advisory arm

Jan 27, 2023

At a later stage, it will also tap into investors from other regions.Ahead of the formal launch of these two verticals, the company also said its senior-most investment leader and chief investment officer Srinivas Rao Ravuri will lead the new international business, while its senior fund manager and head of equities Aniruddha Naha will lead the new AIF business as the chief investment officer for alternates. PTI | Mumbai | Updated: 27-01-2023 21:02 IST | Created: 27-01-2023 21:02 IST Country: SHARE Fund house PGIM India has announced the launch of two new verticals -- international investment advisory arm and alternate investment fund (AIF) business -- from April. PGIM, the investment management business of Prudential Financial Inc, said in a statement on Friday the new business verticals will commence operations from April 1, 2023, subject to regulatory approvals. David Chang, the vice-chairman of PGIM Investments Asia, said our decision to invest in the new businesses in India is aligned with our growth strategy for the region, as we see growing opportunities in both the domestic high-net-worth and retail markets, driven by wealth generation, as well as offshore investments. PGIM India has achieved significant growth over the past few years and the track record of our local leadership and investment talents give us immense confidence in the next stage of growth, he added. Ajit Menon, the chief executive of PGIM India, said the launch of international and AIF businesses completes our offering to domestic investors as well as to international investors who are actively considering India as a portfolio choice. AMCs can offer management and advisory services to foreign portfolio investors, such as sovereign wealth funds, international or multilateral organizations, pension funds, insurance/reinsurance entities and banks among others. Under its new international PGIM will offer advisory services to such potential clients who are looking to invest here. To begin with, it will focus on investors from Asia by leveraging PGIM's global network. At a later stage, it will also tap into investors from other regions. Ahead of the formal launch of these two verticals, the company also said its senior-most investment leader and chief investment officer Srinivas Rao Ravuri will lead the new international business, while its senior fund manager and head of equities Aniruddha Naha will lead the new AIF business as the chief investment officer for alternates. In addition to the elevation of Ravuri and Naha to new responsibilities, the company also appointed Vinay Paharia as its new chief investment officer for equities and fixed-income businesses. All the new positions are effective April 1, the fund house said. (This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.) READ MORE ON:

Prudential Investments

22 Investments

Prudential has made 22 investments. Their latest investment was in Fiduciary Exchange as part of their Series A on November 11, 2022.

CBI Logo

Prudential Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/10/2022

Series A

Fiduciary Exchange

Yes

6

3/18/2022

Corporate Minority - P2P

Alexander Forbes

Yes

3

7/22/2020

Grant - II

National Fund for Workforce Solutions

$2M

Yes

1

6/23/2020

Unattributed

Subscribe to see more

$99M

Subscribe to see more

10

3/10/2020

Loan

Subscribe to see more

$99M

Subscribe to see more

10

Date

11/10/2022

3/18/2022

7/22/2020

6/23/2020

3/10/2020

Round

Series A

Corporate Minority - P2P

Grant - II

Unattributed

Loan

Company

Fiduciary Exchange

Alexander Forbes

National Fund for Workforce Solutions

Subscribe to see more

Subscribe to see more

Amount

$2M

$99M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

6

3

1

10

10

Prudential Portfolio Exits

10 Portfolio Exits

Prudential has 10 portfolio exits. Their latest portfolio exit was SIMON Markets on May 25, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

5/25/2022

Acquired

$99M

3

4/4/2022

Divestiture

Prudential - Retirement Business

$99M

1

9/30/2021

Divestiture

Prudential - Retirement Recordkeeping business

$99M

2

9/23/2021

IPO

Subscribe to see more

$99M

Subscribe to see more

10

7/21/2021

Divestiture

Subscribe to see more

$99M

Subscribe to see more

10

Date

5/25/2022

4/4/2022

9/30/2021

9/23/2021

7/21/2021

Exit

Acquired

Divestiture

Divestiture

IPO

Divestiture

Companies

Prudential - Retirement Business
Prudential - Retirement Recordkeeping business

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

3

1

2

10

10

Prudential Acquisitions

5 Acquisitions

Prudential acquired 5 companies. Their latest acquisition was Assurance IQ on September 05, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

9/5/2019

$99M

Acquired

9

1/3/2017

Subscribe to see more

$99M

Subscribe to see more

10

12/6/2013

Subscribe to see more

$99M

Subscribe to see more

10

2/14/2011

Subscribe to see more

$99M

Subscribe to see more

10

2/9/2011

Subscribe to see more

$99M

Subscribe to see more

0

Date

9/5/2019

1/3/2017

12/6/2013

2/14/2011

2/9/2011

Investment Stage

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acquired

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

9

10

10

10

0

Prudential Partners & Customers

10 Partners and customers

Prudential has 10 strategic partners and customers. Prudential recently partnered with Nervotec on April 4, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

4/26/2022

Partner

Singapore

Prudential and Nervotec enter exclusive partnership to bring better health to communities in Asia and Africa

SINGAPORE , HONG KONG SAR -- Media OutReach -- 26 April 2022 -- Prudential Financial , Inc. has partnered with Singapore-based Nervotec , a digital health company , to help people better manage and monitor their health and stress levels on a daily basis .

1

4/26/2022

Partner

Singapore

Prudential and Nervotec enter exclusive partnership to bring better health to communities in Asia and Africa

SINGAPORE , HONG KONG SAR - Media OutReach - 26 April 2022 - Prudential Financial , Inc. has partnered with Singapore-based Nervotec , a digital health company , to help people better manage and monitor their health and stress levels on a daily basis .

1

11/18/2021

Partner

United States

Student Freedom Initiative Announces $1.8 Million Grant from Prudential Financial to Launch the Handling Everyday Life Problems for Students (HELPS) Program.

`` As part of our multiprong strategy to support HBCU 's , our partnership with Student Freedom Initiative will help us scale solutions so that more Black students will remain in college and ultimately graduate , putting them on a path to financial security . ''

1

11/9/2021

Partner

United States

Subscribe to see more

Subscribe to see more

10

8/11/2021

Partner

United States

Subscribe to see more

Subscribe to see more

10

Date

4/26/2022

4/26/2022

11/18/2021

11/9/2021

8/11/2021

Type

Partner

Partner

Partner

Partner

Partner

Business Partner

Country

Singapore

Singapore

United States

United States

United States

News Snippet

Prudential and Nervotec enter exclusive partnership to bring better health to communities in Asia and Africa

SINGAPORE , HONG KONG SAR -- Media OutReach -- 26 April 2022 -- Prudential Financial , Inc. has partnered with Singapore-based Nervotec , a digital health company , to help people better manage and monitor their health and stress levels on a daily basis .

Prudential and Nervotec enter exclusive partnership to bring better health to communities in Asia and Africa

SINGAPORE , HONG KONG SAR - Media OutReach - 26 April 2022 - Prudential Financial , Inc. has partnered with Singapore-based Nervotec , a digital health company , to help people better manage and monitor their health and stress levels on a daily basis .

Student Freedom Initiative Announces $1.8 Million Grant from Prudential Financial to Launch the Handling Everyday Life Problems for Students (HELPS) Program.

`` As part of our multiprong strategy to support HBCU 's , our partnership with Student Freedom Initiative will help us scale solutions so that more Black students will remain in college and ultimately graduate , putting them on a path to financial security . ''

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

1

1

10

10

Prudential Service Providers

1 Service Provider

Prudential has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Corporate Minority

Investment Bank

Financial Advisor

Service Provider

Associated Rounds

Corporate Minority

Provider Type

Investment Bank

Service Type

Financial Advisor

Partnership data by VentureSource

Prudential Team

50 Team Members

Prudential has 50 team members, including current Chief Marketing Officer, Naveen Agarwal.

Name

Work History

Title

Status

Naveen Agarwal

Chief Marketing Officer

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Name

Naveen Agarwal

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Work History

Title

Chief Marketing Officer

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Compare Prudential to Competitors

Liberty Mutual Group Logo
Liberty Mutual Group

Liberty Mutual Group is an American diversified global, property and casualty insurer. It offers insurance to both businesses and individuals.

New York Life Insurance Company Logo
New York Life Insurance Company

New York Life Insurance Company is a mutual life-insurance company. New York Life's family of companies offers life insurance, retirement income, investments, long-term care insurance, institutional asset management, securities products and services, and retail mutual funds.

Edelman Financial Engines Logo
Edelman Financial Engines

Edelman Financial Engines is an independent financial planning and investment management firm. The company was formerly known as Smart401K and changed its name to Edelman Financial Engines. The company was founded in 1986 and is based in Sunnyvale, California.

B
Beam Dental

Beam Dental offers employers, individuals and families dental insurance coverage pricing according to how often members brush their teeth.

S
State Farm Insurance Companies

State Farm Insurance offers coverage for auto, life, home, health, and more. It also offers mutual funds, banking, loans, and credit cards. The company was founded in 1922 and is based in Bloomington, Illinois.

A
Amica Insurance

Amica is a direct writer of personal insurance with auto, homeowners, personal excess liability and marine coverages. The company is known in the insurance industry for its financial strength and exceptional customer service.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.