MS&AD Ventures is the corporate venture capital arm of MS&AD Insurance Group Holdings, Japan's first insurance-backed CVC. Based in Menlo Park, California, it invests in early-stage technology companies across Insurtech, Fintech, AI, Healthcare, and Mobility.
Average disclosed round size is $24.5M (across 75 rounds with reported amounts).
Portfolio
69
Fund Size
$400M
Top Stage
Series A
Last 12 Mo
4
Team
CM
Chris Murphy
Investment Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
98 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Kontempo | Series A | $10.5M | Oct 2026 |
 Skalar | Seed | — | Jul 2026 |
 Omniscient | Seed | $3.7M | Apr 2026 |
| Skalar | Pre-Seed | — | Jan 2026 |
 SolvaPay | Pre-Seed | — | Jan 2026 |
| FFlexbase Technologies, Inc. | Series B | $60M | Dec 2025 |
 Anzen | Series A | $16M | Nov 2025 |
 Laka | Series B | — | Jul 2025 |
 DeepLinq A.I Pte. Ltd. | Series A | $8.5M | May 2025 |
| CCrediLinq | Series A | $8.5M | May 2025 |
| CCredilinq.ai | Series A | $8.5M | May 2025 |
 Flex | Unknown | $25M | Jan 2025 |
 Credibur | Pre-Seed | $2.2M | Jan 2025 |
| CCredilinq.ai | Series A | $8.5M | Jan 2025 |
 Inshur | Series A | $19M | Oct 2024 |
 Bounti | Seed | $16M | Sep 2024 |
 Sidekick | Seed | — | May 2024 |
 Armilla AI | Seed | $4.5M | Feb 2024 |
 Armilla AI | Seed | $4.5M | Feb 2024 |
 Kapital | Series B | $40M | Dec 2023 |
 KAPITAL | Series A | $40M | Dec 2023 |
| KAPITAL | Series B | $40M | Dec 2023 |
 Flex | Series A | $120M | Sep 2023 |
| FFlexbase Technologies, Inc. | Unknown | $120M | Sep 2023 |
 Accelerant | Growth | — | Jun 2023 |
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Top Co-Investors
8VC10 shared
Portage Ventures10 shared
Insight Partners9 shared
Y Combinator8 shared
Brewer Lane Ventures7 shared
Seedcamp7 shared
Nationwide6 shared
1818 Venture Capital6 shared
Plug and Play Tech Center6 shared
Companyon Ventures5 shared
Florida Funders5 shared
500 Global5 shared
BlackWood5 shared
Western Technology Investment4 shared
Citi North America4 shared
Epic Angels4 shared
Altamont Capital Partners4 shared
Tech Square Ventures4 shared
1984 Ventures4 shared
Power Corporation of Canada4 shared
Last updated: 20 October 2026