The total fund volume will amount to CHF 55 million. On average, Helvetia Venture Fund will invest between CHF 500,000 and CHF 2 million in each financing round. Investments of up to CHF 5.5 million can be made in each portfolio company. Unlike with most other corporate venture funds, the Helvetia Venture Fund investment team has the authority of partners at a private venture capital fund and participates directly in the financial success or failure of their portfolio
On the one hand, the fund will focus on insuretech start-ups. These are young companies active in the traditional value chain of an insurer. On the other hand, it will invest in start-ups whose business model links to Helvetia’s business or supports Helvetia’s own business model – for example where the company’s products offer a complementary service for Helvetia’s clients.
Helvetia Venture Fund will invest in start-ups that have largely completed product development (Early Stage / Series A) or are already in the growth phase (Late Stage / Series A, B, C, etc.). Seed phase investments will only be made in exceptional cases. No wide-scale investments are made; the focus is on the start-ups reckoned to have the best prospects. To ensure it can offer the start-ups direct support, the fund will be making the majority of its investments in countries where Helvetia is active, i.e. Switzerland, as well as Germany, France, Italy, Austria and Spain. However, investments may also be made in other countries.
Helvetia Venture Fund is a wholly owned subsidiary of Helvetia Insurance and is domiciled in Luxembourg. The investment manager has the authority of a partner of a private venture capital firm, thus ensuring the necessary flexibility and short pathways to investment decisions. Unlike with most other corporate venture funds, the investment team participates directly in the financial success or failure of their portfolio. Helvetia is assisted in the fund’s operation by b-to-v Partners AG, St.Gallen.