About Allianz X
Allianz X is a venture capital firm founded in 2013. It is primarily based out of Munich, Germany. As of Apr 2026, Allianz X is an active investor, having invested in 41 companies, with 2 new investments in the last 12 months. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and Consumer. Most recently it participated in the $***** Series E round of Openly Overall, Allianz X portfolio has seen 9 unicorns, 2 IPOs and 9 acquisitions including key companies like Lemonade, N26 and Wealthsimple. A lot of funds co-invest with Allianz X, with names like Tencent sharing a substantial percentage of its portfolio. Allianz X has team of 19 people including 4 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Series C & 7 more
Deals in last 12 months
Allianz X's List of Top Investments
Allianz X has a portfolio of 41 companies, including 9 unicorns. Their most notable investments are in Uala and SafeBoda.Their portfolio spans across United States, Germany, United Kingdom and 9 more locations. They have invested in Enterprise Applications, FinTech, Consumer and 17 other sectors, across stages such as Series B, Series C and 7 more. Here is the list of top investments by Allianz X:1. Stripe
Provider of financial infrastructure solutions for revenue growth and payment processing. It offers tools designed for individual or combined use to grow businesses. These tools enable payment acceptance and optimisation globally, both online and in person. The company facilitates various billing models and provides access to borderless money movement. It also offers resources for startups and platforms to build and scale their operations.
Key facts about Stripe
- Founded Year: 2010
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series I
- Total Funding till date: $9.81B
- Employee Count: 16,600 as on Jun 30, 2026
- Investors: Glynn Capital, TrueBridge and 131 Others
- Latest Funding Round: Series I, Apr 08, 2024, $*****
- Highlight: Editors' Pick
2. Gojek
App based platform offering on demand delivery and ride-hailing services. It enables users to book on-demand services like two-wheeler and four-wheeler hailing, on-demand delivery services like food, groceries, medicines, parcels, packages, goods, and shopping. It offers online payments via a digital wallet, and business management solutions with features such as order management, sales report analysis, and more. The app is available for both android and iOS devices.
Key facts about Gojek
3. Lemonade
Provider of various insurance policies including car, pet, home, and life. The company offers different types of insurance coverage through its platform. It provides options for renters, homeowners, and pet owners, as well as term life insurance. The platform also offers resources such as a blog, frequently asked questions, and an insurance dictionary.
Key facts about Lemonade
- Founded Year: 2015
- Location: New York City (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $644M
- Employee Count: 1,432 as on Jun 30, 2026
- Investors: HTIF, Vibhu Venture Partners and 52 Others
- Latest Funding Round: Post IPO, Jul 02, 2023, $*****
- Highlight: Public
4. N26
Provider of mobile banking services, including savings, investment, and crypto. It offers various account options with different features and associated costs. These services include tools for managing finances, such as joint accounts, digital wallets, and options for adding funds. The company facilitates stock and ETF trading, along with the buying and selling of crypto assets.
Key facts about N26
- Founded Year: 2013
- Location: Berlin (Germany)
- Annual Revenue: €100M - €500M as on Dec 31, 2021
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $1.72B
- Employee Count: 2,339 as on Jun 30, 2026
- Investors: GIC, Battery Ventures and 48 Others
- Latest Funding Round: Series E, Oct 18, 2021, $*****
- Highlight: Editors' Pick
5. Wealthsimple
Provider of financial services including investing, trading, saving, and borrowing. The company offers chequing accounts, credit cards, and savings accounts. It provides self-directed investing in stocks, ETFs, options, margin, gold, and crypto. Wealth management services include portfolios, direct indexing, and income portfolios. Mortgages and tax filing services are also available.
Key facts about Wealthsimple
Allianz X's Year-on-Year Investment Trends
Allianz X has invested in 46 companies over the last 11 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 2 investments, while as of Apr 2026, it has made 4 investments in this year. Its most recent first time investment was in Cambridge Mobile Telematics and most recent follow-on round was in Openly.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 3 | 4 |
2025 | 2 | 0 | 2 |
2024 | 1 | 0 | 1 |
2023 | 2 | 0 | 2 |
2022 | 4 | 1 | 5 |
2021 | 5 | 3 | 8 |
2020 | 0 | 6 | 6 |
2019 | 6 | 3 | 9 |
2018 | 7 | 2 | 9 |
2017 | 4 | 2 | 6 |
Allianz X's Investments by Stage
Allianz X has made 12 investments in Series B stage with an average round size of $30.9M, 6 investments in Series C stage with an average round size of $99.8M and 5 investments in Series A stage with an average round size of $9.72M.Stage of entry | No. of Investments |
|---|---|
Series B | 12 |
Series C | 6 |
Series A | 5 |
Series D | 4 |
Series E | 4 |
Others | 5 |
Note: We have considered here, only first round of investments
Allianz X's Investments by Sector
Allianz X has a diverse portfolio, with companies operating in the FinTech, Enterprise Applications, Consumer, InsurTech and Financial Services. Notably, it has invested in 38 Tech companies, 26 Enterprise (B2B) companies, 22 Consumer (B2C) companies and at least 20 companies focusing on Software.Sector | No. of Investments |
|---|---|
FinTech | 21 |
Enterprise Applications | 16 |
Consumer | 11 |
InsurTech | 9 |
Financial Services | 7 |
Others | 47 |
Note: We have considered here, only first round of investments
Allianz X's Investments by Geography
Allianz X has made most investments in United States (15), followed by Germany where it has made 6 investments.Country | No. of Investments |
|---|---|
United States | 15 |
Germany | 6 |
United Kingdom | 5 |
Canada | 3 |
Indonesia | 2 |
Others | 7 |
Note: We have considered here, only first round of investments
Allianz X's recent investments
Allianz X has made 4 investments in 2026 so far. Openly and Cambridge Mobile Telematics are the latest among them.Here are the most recent investments by Allianz X:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 22, 2026 | United States | Series E | 3764 | [+2] | |
Mar 24, 2026 | United States | Series D | 9358 | [+1] | |
Mar 04, 2026 | Argentina | Series F | 4639 | [+5] | |
Jan 15, 2026 | China | Series D | 8874 | [+3] | |
Sep 11, 2025 | United States | Series B | 8094 | - |
Unicorns in Allianz X's Portfolio
Allianz X has 9 unicorns in its portfolio - SandboxAQ, Fundbox, Uala and others. The most recent unicorn in their portfolio is SandboxAQ. It became a unicorn in 2024, 1 years before Allianz X first invested in it.Here is a list of unicorns in Allianz X's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
64 | Developer of quantitative artificial intelligence models for various industry applications | 2022 | Palo Alto | Series E | baihjxw | ||
76 | AI-based platform for business loans | 2013 | San Francisco | Series D | fg{ocxm | ||
76 | Provider of NFC-enabled prepaid cards for consumers | 2017 | Buenos Aires | Series F | anbhhnc | ||
71 | Online property and casualty insurance platform for businesses | 2017 | San Francisco | Series F | mffkamv | ||
77 | Provider of financial services including investing, trading, saving, and borrowing | 2014 | Toronto | Series F | whosycm |
IPOs and Publicly Listed companies in Allianz X's Portfolio
2 of Allianz X's portfolio companies have become public. Amwell got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Sep 2020 at marketcap of $742M and Lemonade got listed on the New York Stock Exchange (NYSE) at marketcap of $3B.Here are Allianz X's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 17, 2020 | Jan 08, 2018 | Series B | 3340 | |
Jul 02, 2020 | Apr 20, 2017 | Series B | 5958 |
Acquired companies in Allianz X's Portfolio
9 companies from Allianz X's portfolio have been acquired. The most recent acquisition was C2FO in Jul 2026 by Mynd Fintech for $*****.Here are Allianz X's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 03, 2026 | Feb 27, 2018 | Series D | 4285 | |
Mar 13, 2026 | Sep 29, 2015 | Series A | 8757 | |
Dec 17, 2025 | Feb 01, 2022 | Series E | 7820 | |
Mar 20, 2025 | Oct 02, 2023 | Series E | 7781 | |
Jun 13, 2024 | - | - | 3720 |
Team profile of Allianz X
Allianz X has a team of 19 members including 4 Partners and 2 Principals located in Germany. Allianz X's team sits on the board of 1 company.Here is a list of top team members in Allianz X:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Munich | |||
Partner | Munich | - | ||
Partner | - | - | ||
Partner | - | - | - | |
Principal | Munich | - | - | |
Principal | - | - | - |
Co-investors of Allianz X
Over the past 11 years, 402 investors have co-invested in Allianz X's portfolio companies. This includes funds and angels.
- Invested before Allianz X: General Catalyst, Sequoia Capital and 218 others have invested in rounds before Allianz X. There are 3 companies where General Catalyst has invested before Allianz X and 3 companies where Sequoia Capital has invested before Allianz X.
- Top Co-investors of Allianz X: 77 investors entered a company along with Allianz X. These include investors like Tencent (2 companies).
- Invested after Allianz X: A total of 105 investors have invested in Allianz X's portfolio after their investments. Top Investors include Allianz (4 companies), GIC (3 companies) and Temasek (2 companies).
Recent News related to Allianz X
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Tether Backs Argentine Neobank Ualá With a $20 Million Strategic InvestmentBitcoin Ethereum News•Jul 17, 2026•Tether, Uala, Uala, Allianz X
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Openly Expands Allianz Partnership and Closes Growth Investment Round to Scale U.S. FootprintBusiness Wire•Apr 22, 2026•Openly, Allianz Reinsurance, Eden Global Partners, Advance Venture Partners and 2 others
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Cambridge Mobile Telematics raises 350 million to push AI and road safetyInsurzine•Mar 24, 2026•Cambridge Mobile Telematics, TPG, State Farm, Allianz and 1 other
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Findhelp Lands $250 Million in FundingMassinvestor•Mar 10, 2026•Findhelp, TPG, Cambridge Mobile Telematics, State Farm and 1 other
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Ualá Raises $195M in Equity FinancingFinSMEs•Mar 04, 2026•Soros Fund Management, Stone Ridge, Tencent, Allianz X and 2 others
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Prudential, HSBC join $220m series D for Hong Kong’s WeLabStartupNews•Jan 15, 2026•Prudential, WeLab, HSBC, HSBC and 7 others
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Atome secures $444m funding from HSBC, DBS for regional expansionThe Straits Times•Jan 13, 2026•Atome, Sumitomo Mitsui Banking Corporation, Cathay United Bank, Shanghai Pudong Development Bank and 8 others
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Allianz X Announces Strategic Investment in Coterie InsuranceBenzinga•Sep 11, 2025•Coterie, Allianz X, Allianz, Simply Business and 2 others
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Ualá Secures Additional $66M in Second Close, totaling $366M for its Series E Funding RoundFintech Finance•Mar 21, 2025•Uala, Allianz X, J P Morgan, Hughes Hubbard
