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 (1 deals in the last 12 months vs 3 prior). Average disclosed round size is $24.0M (across 46 rounds with reported amounts).
Portfolio
47
Fund Size
$400M
Top Stage
Seed
Last 12 Mo
4
Team
CM
Chris Murphy
Investment Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
55 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 |
 DeepLinq A.I Pte. Ltd. | Series A | $8.5M | May 2025 |
 Flex | Unknown | $25M | Jan 2025 |
 Spot | Series C | — | Jan 2025 |
 Credibur | Pre-Seed | $2.2M | Jan 2025 |
 Inshur | Unknown | $19M | Oct 2024 |
 Bounti | Seed | $16M | Sep 2024 |
 Sidekick | Seed | $5.7M | May 2024 |
 Armilla | Seed | $4.5M | Feb 2024 |
 Kapital Bank | Series B | $40M | Dec 2023 |
 Kapital | Series A | $40M | Dec 2023 |
| Kapital | Series B | $40M | Dec 2023 |
 Flex | Series A | $120M | Sep 2023 |
 Briya | Series A | $11.5M | Sep 2023 |
 Accelerant | Growth | $150M | Jun 2023 |
 EtherMail | Seed | $4M | Mar 2023 |
 Assured Allies | Series B | $42.5M | Mar 2023 |
 Mulberri | Series A | $6.8M | Jan 2023 |
| Spot | Series B | $40M | Nov 2022 |
 Hourly | Series A | $32M | Nov 2022 |
 Future Family | Series B | $25M | Apr 2022 |
 Socotra | Series C | $50M | Mar 2022 |
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Top Co-Investors
Y Combinator5 shared
Portage Ventures4 shared
Insight Partners4 shared
8VC3 shared
Brewer Lane Ventures3 shared
Clearvision Ventures3 shared
Alumni Ventures3 shared
Cervin3 shared
Tribe Capital3 shared
Altamont Capital Partners3 shared
Tech Square Ventures3 shared
1984 Ventures3 shared
Plug and Play Tech Center3 shared
Redstone3 shared
FinTLV Ventures2 shared
Companyon Ventures2 shared
Florida Funders2 shared
Nationwide2 shared
Floodgate Fund2 shared
DCVC2 shared
Last updated: 7 September 2026