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.
Deal activity decreased year-over-year (4 deals in the last 12 months vs 6 prior). Average disclosed round size is $23.4M (across 69 rounds with reported amounts).
Portfolio
67
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
91 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 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 |
 Kapital Bank | 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
Y Combinator9 shared
8VC9 shared
Portage Ventures9 shared
Insight Partners9 shared
Brewer Lane Ventures7 shared
Nationwide6 shared
Seedcamp6 shared
1818 Venture Capital6 shared
Companyon Ventures5 shared
Florida Funders5 shared
500 Global5 shared
BlackWood5 shared
Plug and Play Tech Center5 shared
Western Technology Investment4 shared
Citi North America4 shared
Epic Angels4 shared
Alumni Ventures4 shared
Cervin4 shared
Tribe Capital4 shared
Power Corporation of Canada4 shared
Last updated: 7 October 2026