Venture • Software

Allianz X Invests In Nauto

On October 7, 2016, corporate investor Allianz X invested in software company Nauto

Investment Context
  • This is Allianz X’s 1st transaction in the Software sector.
  • This is Allianz X’s 1st transaction in the United States.
  • This is Allianz X’s 1st transaction in California.

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Investment Summary

Date October 7, 2016
Target Nauto
Sector Software
Investor(s) Allianz X
Deal Type Venture

Target Company

Nauto

Sunnyvale, California, United States
Nauto is an AI-powered fleet-safety company that equips commercial vehicles with real-time driver monitoring and predictive-AI systems to detect risks such as distracted or drowsy driving. Its platform uses dual-facing cameras and machine-learning analysis of driving behavior and external conditions to alert drivers and help fleets prevent collisions before they happen. Nauto was founded in 2015 and is based in Sunnyvale, California.
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Investor Overview 1

Investor

Allianz X

Investor Investor Investor Investor Investor


Category Corporate Investor
Founded 2013
PE ASSETS 1.7B EUR
Size Large
Type Sector Focused
DESCRIPTION

Allianz X is the growth-oriented investment arm of Germany insurance and financial services company Allianz Group. Allianz X looks to invest in and acquire expansion stage financial and insurance technology companies throughout the world. The Firm has special interest in businesses that can benefit from Allianz's expertise and global reach. Allianz X was formed in 2013 and is based in Munich.


Deal Context for Investor #
Overall 3 of 30
Sector: Software 1 of 2
Type: Venture 1 of 17
State: California 1 of 2
Country: United States 1 of 9
Year: 2016 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-04 GO-JEK

Jakarta, Indonesia

GO-JEK is a mobile application-based platform in Indonesia that provides a range of services such as ride-hailing, food delivery, lifestyle services, and mobile payments. GO-JEK was founded in 2010 and is based in Jakarta, Indonesia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-25 Stripe

South San Francisco, California, United States

Stripe is a web and mobile payment platform that allows individuals and businesses to accept online payments. It processes large-scale transactions globally, supporting innovative businesses in growing and managing their payments infrastructure. Stripe was founded in 2010 and is based in South San Francisco, California.

Buy -