Predict your next investment

Corporate Venture

See what CB Insights has to offer

Investments

8

Portfolio Exits

2

Funds

1

Partners & Customers

1

About QBE Ventures

QBE Ventures is the venture capital arm of QBE Insurance Group, a top 20 global insurance and reinsurance company operating in 37 countries. QBE Ventures invests globally in companies that provide access to differentiated technology which has the potential to enhance QBE's business model, drive efficiencies and develop new avenues of growth.

QBE Ventures Headquarter Location

New South Wales,

Australia

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest QBE Ventures News

11:00 EDT QBE opens applications for annual Resilience Challenge

Apr 4, 2022

News provided by Share this article Share this article NEW YORK, April 4, 2022 /PRNewswire/ -- Start-ups and entrepreneurs working to help make cities more equitable, sustainable and resilient are invited to compete for USD$150,000 in prize funding in the QBE AcceliCITY Resilience Challenge. The global social innovation competition has launched and is open to start-ups from around the world whose ventures are helping to make cities more resilient. In partnership with Leading Cities, QBE AcceliCITY seeks innovative solutions to some of the most pressing challenges facing cities to accelerate their growth and adoption. 2022 Accelicity challenge image Todd Jones, CEO of QBE North America and President of the QBE Foundation says, "as an insurer focused on enabling a more resilient future by being the most consistent and innovative risk partner, we recognize the critical need to improve urban resilience in our communities." "We look forward to partnering with those on the cutting edge of developing solutions that will make a difference by addressing emerging risks and providing advantageous results for cities here and around the world."   Michael Lake, president and CEO of Leading Cities, said QBE AcceliCITY provides start-ups, entrepreneurs and city leaders with the opportunity to work together to build cities that will stand resilient against the social, economic and environmental challenges of the 21st century. "There are many complex threats facing cities across the globe. By accelerating the deployment of innovative technological solutions, while also increasing the awareness and confidence that city leaders have in these new solutions, we are also accelerating the resiliency of cities everywhere," he added. Through Leading Cities' accelerator program, participants will be given the opportunity to tap into a 10-week curriculum and the wealth of expertise at QBE through one-on-one expert mentoring, speed gatherings and engagement with QBE Ventures, the venture investment and development arm of QBE. This year marks the first time a local program is being run for Asia, Australia, New Zealand and the Pacific. A separate program will be run in tandem with entrants from North America and Europe, with ten finalists selected from across all regions to come together and compete in a final live pitch event. Of these ten, one winner will be awarded USD$100,000 and two People's Choice runners up will each be awarded USD$25,000 in cash prizes, along with additional resources and introductions to valuable networks and collaboration opportunities to help scale their initiatives. Previous challenge winners include DrugViu, which aims to create greater health equity for people of color, and Bioo, a company that creates 100% renewable energy through plants. Submissions close April 30, with finalists to be announced in September 2022. To apply or find out more about the challenge, please visit www.accelicity.com About QBE  QBE North America is global insurance leader focused on helping customers solve unique risks, so they can focus on what matters most. Part of QBE Insurance Group Limited, QBE North America reported Gross Written Premiums in 2021 of $6.29 billion. Information on QBE Insurance Group's results can be found at  qbe.com . Headquartered in Sydney, Australia, QBE operates out of 27 countries around the globe, with a presence in every key insurance market. The North America division, headquartered in New York, conducts business primarily through its insurance company subsidiaries. The actual terms and conditions of any insurance coverage are subject to the language of the policies as issued. QBE insurance companies are rated "A" (Excellent) by A.M. Best and "A+" by Standard & Poor's. Additional information can be found at  qbe.com/us . SOURCE QBE North America

QBE Ventures Investments

8 Investments

QBE Ventures has made 8 investments. Their latest investment was in The Demex Group as part of their Series A on December 12, 2021.

CBI Logo

QBE Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/2/2021

Series A

The Demex Group

$9M

Yes

10

10/14/2021

Series A

Subscribe to see more

Subscribe to see more

10

3/4/2019

Series B

Subscribe to see more

$99M

Subscribe to see more

10

1/16/2019

Series B

Subscribe to see more

$99M

Subscribe to see more

10

11/5/2018

Seed VC - II

Subscribe to see more

$99M

Subscribe to see more

10

Date

12/2/2021

10/14/2021

3/4/2019

1/16/2019

11/5/2018

Round

Series A

Series A

Series B

Series B

Seed VC - II

Company

The Demex Group

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$9M

$99M

$99M

$99M

New?

Yes

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

10

10

10

10

10

QBE Ventures Portfolio Exits

2 Portfolio Exits

QBE Ventures has 2 portfolio exits. Their latest portfolio exit was Zeguro on October 21, 2021.

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

10/21/2021

Acquired

$99M

3

10/6/2020

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

10/21/2021

10/6/2020

Exit

Acquired

Acquired

Companies

Subscribe to see more

Valuation

$99M

$99M

Acquirer

Subscribe to see more

Sources

3

10

QBE Ventures Fund History

1 Fund History

QBE Ventures has 1 fund, including QBE Ventures.

Closing Date

Fund

Fund Type

Status

Amount

Sources

10/26/2017

QBE Ventures

$50M

2

Closing Date

10/26/2017

Fund

QBE Ventures

Fund Type

Status

Amount

$50M

Sources

2

QBE Ventures Partners & Customers

1 Partners and customers

QBE Ventures has 1 strategic partners and customers. QBE Ventures recently partnered with Jupiter Intelligence on August 8, 2018.

Date

Type

Business Partner

Country

News Snippet

Sources

8/17/2018

Partner

United States

QBE Partners With Jupiter to Take On Climate Risk

QBE Ventures is partnering with Jupiter , a San Mateo , California-based company that provides data and analytics to better predict and manage climate risk .

1

Date

8/17/2018

Type

Partner

Business Partner

Country

United States

News Snippet

QBE Partners With Jupiter to Take On Climate Risk

QBE Ventures is partnering with Jupiter , a San Mateo , California-based company that provides data and analytics to better predict and manage climate risk .

Sources

1

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.