AAA AXA Strategic Ventures confirms four investments

AXA Strategic Ventures confirms four investments

AXA Strategic Ventures (ASV), the corporate venturing arm of insurance firm AXA, has invested undisclosed amounts in four US-based startups: Bee, PriceMethod, GoldBean and CoPromote.

CoPromote operates a marketing platform for online content creators. It closed a $3.2m round in early November that was led by Oriza Ventures, a subsidiary of investment management firm Oriza Holdings, and backed by ASV, FF Venture Capital and Correlation Ventures.

Bee, the operator of a mobile-first, in-person bank, raised $4.6m late last month in a round also backed by Blue Seed Capital, Fenway Summer Ventures, T5 Capital and Funders Guild.

PriceMethod, the developer of a predictive analytics platform for accommodation pricing, has not revealed detail of any funding, nor has GoldBean, which runs an advice and trading platform for inexperienced investors.

ASV launched in February this year and AXA has allocated $250m of capital to the fund. It operates out of offices in San Francisco, New York, London and Paris, and plans to open a fifth office in Hong Kong in 2016.

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