About Transamerica Ventures
Transamerica Ventures is a venture capital firm founded in 2014. It is primarily based out of New York City, United States. As of Jan 2020, Transamerica Ventures has invested in 19 companies. 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 D round of Policygenius Overall, Transamerica Ventures portfolio has seen 3 unicorns and 8 acquisitions including key companies like ACKO, Policygenius and H2O AI. A lot of funds co-invest with Transamerica Ventures, with names like Catamaran sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 2 more
Portfolio Acquisitions
Portfolio Soonicorns
Transamerica Ventures' List of Top Investments
Transamerica Ventures has a portfolio of 19 companies, including 3 unicorns. Their most notable investments are in 100Plus and Coverfox Insurance.Their portfolio spans across United States, India, Germany and 1 more locations. They have invested in Enterprise Applications, FinTech, Consumer and 10 other sectors, across stages such as Series A, Series B and 2 more. Here is the list of top investments by Transamerica Ventures:
1. ACKO
Provider of car, bike, health, life, and travel insurance policies. It offers various insurance options, including motor, health, life, and travel coverage. The company provides services such as policy renewals, claims filing, and tracking. Additional offerings include car services, used car sales, and facilitating ABHA card creation.
Key facts about ACKO
- Founded Year: 2016
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $598M
- Employee Count: 1,306 as on Aug 31, 2025
- Investors: Accel, Amazon and 48 Others
- Latest Funding Round: Series E, Jul 30, 2025, $*****
- Highlight: Editors' Pick
2. Policygenius
PolicyGenius provides an app-based insurance comparison platform for individuals. It offers quotes for life insurance, disability insurance, pet insurance and renter’s insurance, pet insurance, and more. It also offers advisory services for loans, investments, banking, taxes, wills, and more.
Key facts about Policygenius
- Founded Year: 2014
- Location: New York City (United States)
- Stage: Acquired
- Total Funding till date: $288M
- Employee Count: 137 as on May 31, 2026
- Investors: Karlin, Next Round Capital and 25 Others
- Latest Funding Round: Series E, Mar 17, 2022, $*****
- Highlight: Acquired
3. H2O AI
Provider of an open-source machine learning platform. Its products include an open-source predictive analytics platform with an in-memory processing feature for data scientists, application developers, and business analysts, a GUI-based and GPU-supported deep learning platform with integration of an open-source deep learning framework. It also offers a machine learning pipeline which is a workbench for ML development. The platform applications include predictive maintenance, operational intelligence, security, fraud, auditing, churn, credit scoring, user-based insurance, predicting sepsis, and ICU monitoring.
Key facts about H2O AI
- Founded Year: 2012
- Location: Mountain View (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $243M
- Employee Count: 349 as on May 31, 2026
- Investors: Goldman Sachs Investment Partners, Pegasus Tech Ventures and 26 Others
- Latest Funding Round: Series E, Nov 08, 2021, $*****
- Highlight: Editors' Pick
Provider of platform to compare and purchase various insurance policies online. The platform offers options for car, bike, health, and life insurance. It facilitates policy comparisons and provides claim assistance. The platform also offers nominee assistance and express claim services for eligible customers.
Key facts about Coverfox Insurance
- Founded Year: 2013
- Location: Mumbai (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $55.1M
- Employee Count: 88 as on Aug 31, 2025
- Investors: Accel, Elevar Equity and 30 Others
- Latest Funding Round: Series C, 2025, $*****
- Highlight: Editors' Pick
5. Coverstack
Insurtech platform providing no-code, plug-and-play insurance infrastructure solutions. The platform helps non-banking financial institutions digitize their services, supports BFSI companies, aids companies in resource acquisition and transportation, provides tech support etc
Key facts about Coverstack
- Founded Year: 2010
- Location: Mumbai (India)
- Annual Revenue: ₹50 - ₹100 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $55.8M
- Employee Count: 50 as on May 31, 2026
- Investors: Accel, Pratithi Investments and 12 Others
- Latest Funding Round: Angel, Dec 12, 2019, $*****
- Highlight: Editors' Pick
Transamerica Ventures' Year-on-Year Investment Trends
Transamerica Ventures has invested in 19 companies over the last 12 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in CompStak and most recent follow-on round was in Policygenius.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 0 | 1 | 1 |
2019 | 3 | 3 | 6 |
2018 | 2 | 1 | 3 |
2017 | 2 | 4 | 6 |
Transamerica Ventures' Investments by Stage
Transamerica Ventures has made 7 investments in Series A stage with an average round size of $8.81M, 4 investments in Series B stage with an average round size of $19.5M, 3 investments in Seed stage with an average round size of $4.13M and 3 investments in Series C stage with an average round size of $28.5M.Stage of entry | No. of Investments |
|---|---|
Series A | 7 |
Series B | 4 |
Seed | 3 |
Series C | 3 |
Note: We have considered here, only first round of investments
Transamerica Ventures' Investments by Sector
Transamerica Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, InsurTech, Consumer and HealthTech. Notably, it has invested in 17 Tech companies, 12 Enterprise (B2B) companies, 9 Saas companies and at least 9 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 9 |
FinTech | 8 |
InsurTech | 6 |
Consumer | 5 |
HealthTech | 3 |
Others | 12 |
Note: We have considered here, only first round of investments
Transamerica Ventures' Investments by Geography
Transamerica Ventures has made most investments in United States (10), followed by India where it has made 4 investments.Country | No. of Investments |
|---|---|
United States | 10 |
India | 4 |
United Kingdom | 2 |
Germany | 1 |
Note: We have considered here, only first round of investments
Transamerica Ventures' recent investments
Transamerica Ventures has not made any investment in 2026 so far.Here are the most recent investments by Transamerica Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 30, 2020 | United States | Series D | 8019 | [+5] | |
Oct 16, 2019 | United Kingdom | Series B | 4195 | [+3] | |
Jul 25, 2019 | India | Series C | 6772 | [+3] | |
Jul 23, 2019 | United States | Series B | 9664 | - | |
Mar 27, 2019 | India | Series B | 8192 | [+6] |
Unicorns in Transamerica Ventures' Portfolio
Transamerica Ventures has 3 unicorns in its portfolio - H2O AI, ACKO and SmartAsset. The most recent unicorn in their portfolio is H2O AI. It became a unicorn in 2021, 7 years after Transamerica Ventures first invested in it.Here is a list of unicorns in Transamerica Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
64 | Provider of an open-source machine learning platform | 2012 | Mountain View | Series E | i{pxedi | ||
85 | Provider of car, bike, health, life, and travel insurance policies | 2016 | Bengaluru | Series E | fuv{o{s | ||
56 | Online comparison platform for financial products | 2012 | New York City | Series D | ef{ot{u |
Acquired companies in Transamerica Ventures' Portfolio
8 companies from Transamerica Ventures' portfolio have been acquired. The most recent acquisition was Policygenius in Apr 2023 by Zinnia for $*****.Here are Transamerica Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 25, 2023 | Jun 15, 2015 | Series A | 8433 | |
Mar 29, 2022 | Dec 28, 2017 | Series C | 6253 | |
Aug 24, 2021 | Jun 07, 2018 | Seed | 3996 | |
Mar 15, 2021 | Nov 19, 2014 | Series B | 4429 | |
Jan 25, 2021 | Jun 30, 2016 | Series A | 1477 |
Co-investors of Transamerica Ventures
Over the past 12 years, 196 investors have co-invested in Transamerica Ventures's portfolio companies. This includes funds and angels.
- Invested before Transamerica Ventures: Accel, Elevation Capital and 78 others have invested in rounds before Transamerica Ventures. There are 3 companies where Accel has invested before Transamerica Ventures and 2 companies where Elevation Capital has invested before Transamerica Ventures.
- Top Co-investors of Transamerica Ventures: 45 investors entered a company along with Transamerica Ventures. These include investors like Catamaran (2 companies).
- Invested after Transamerica Ventures: A total of 71 investors have invested in Transamerica Ventures's portfolio after their investments. Top Investors include Aegon (5 companies), Elevar Equity (2 companies) and AVANA Capital (2 companies).
Recent News related to Transamerica Ventures
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Insurtech Leader Policygenius Announces $100M Series D Round, Led by KKRNasdaq•Jan 30, 2020•Policygenius, KKR, Norwest Venture Partners, Revolution Ventures and 10 others
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Quantemplate Closes Over $12M Funding RoundFinSMEs•Oct 16, 2019•QuanTemplate, Route 66 Ventures, Transamerica Ventures, Anthemis Group and 2 others
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Raisin, the platform for savings and investments, acquires pension startup FairrTechCrunch+•Aug 27, 2019•fairr.de, Raisin, IBB, Transamerica Ventures and 5 others
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Coverfox Receives INR 40 Cr From Existing Investors In Ongoing Series C RoundInc42•Jul 24, 2019•Coverfox Insurance, Aegon, Transamerica Ventures, Accel and 7 others
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International Finance Corporation bets on insurance market, backs this startupFinancial Express•Jun 05, 2019•Coverfox Insurance, IFC, Transamerica Ventures, SAIF Partners and 3 others
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3 Firms, London Exchange Pour $20M Into UK Fintech Co.Law360•Feb 27, 2019•Nivaura, Digital Currency Group, MiddleGame Ventures, LSEG and 7 others
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Indian online insurance startup Coverfox lands $22M led by World Bank’s IFC and TransamericaTechCrunch+•Apr 18, 2018•Coverfox Insurance, IFC, Transamerica Ventures, SAIF Partners and 3 others
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NextCapital Raises $30 Million In Series C FinancingPR Newswire•Jan 04, 2018•NextCapital, Oak HC/FT, Manulife, Transamerica Ventures and 2 others
