Investment Summary

Allianz X Invests In SafeBoda

On May 7, 2019, corporate investor Allianz X invested in internet software and services company SafeBoda

Investment Highlights
  • This is Allianz X’s 5th transaction in the Internet Software and Services sector.
  • This is Allianz X’s 1st transaction in Uganda.

Investment Summary

Date 2019-05-07
Target SafeBoda
Sector Internet Software and Services
Investor(s) Allianz X
Deal Type Venture

Target

SafeBoda

Kampala, Uganda
SafeBoda is a ride-hailing platform that also offers various on-demand consumer and payment services. SafeBoda was founded in 2015 and is based in Kampala, Uganda.

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Investor(S) 1

Investor

Allianz X

Investor Investor Investor


Category Corporate Investor
Founded 2013
PE ASSETS 2.0B 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 STATS #
Overall 15 of 29
Sector: Internet Software and Services M&A 5 of 9
Type: Venture M&A Deals 10 of 17
Country: Uganda M&A 1 of 1
Year: 2019 M&A 3 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-01 finanzen Group

Berlin, Germany

finanzen Group is a European B2B online marketplace for high-value consumer traffic in the insurance and financial services sectors. Finanzen.de uses a proprietary platform to connect lead generators and buyers in real-time. finanzen Group was founded in 2004 and is based in Berlin, Germany.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-22 Wealthsimple

Toronto, Ontario, Canada

Wealthsimple is an online investing service and trading app investing client's money in a globally diversified portfolio of low-cost index funds, and cutting-edge technology helps to earn the best possible return while optimizing tax bill. Wealthsimple was founded in 2013 and is based in Toronto, Ontario.

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