AXA

AXA SA, through its subsidiaries, provides insurance and asset management services worldwide. It operates in seven segments: France, Europe, Asia, AXA XL, the United States, International, and Transversal & Central Holdings. The company offers a range of insurance products, including life and savings, property and casualty, and health. Its products include motor, household, property and general liability insurance, banking, savings vehicles, and other investment-based products for personal/individual and commercial/group customers, as well as health, protection, and retirement products for individual or professional customers. The company also provides term life, whole life, universal life, endowment, and deferred and immediate annuities; medical whole life and term insurance; unit-linked products; travel and commercial insurance; and group term insurance, critical illness, and hospital cash products. In addition, it offers coverage against excess and surplus lines, environmental and professional liability, construction, marine, energy, aviation and satellite, fine art and specie, equine, livestock and aquaculture, accident and health and crisis management, and other risks. Further, the company provides casualty, property risk, property catastrophe, specialty, and other reinsurance lines. Additionally, it provides asset management services, comprising of mutual funds, fixed income, equities, multi-asset client solutions, structured finance, real assets, and return strategy. The company also offers on Demand products in motor and home assistance services; E-rescue on motor assistance, a self-service digital application; Pleeze, a mobile application concierge service; BeLive for customers diagnosed with tumors. The company was founded in 1852 and is headquartered in Paris, France.
JA

Jean-Pascal Asseman

Infrastructure Director

FF

Fabien Ferrer

Investment Director

AW

Andrew Wallace-Barnett

SVP, Head of Investor Relations

Past deals in Andorra

kinastic

Funding Round in 2022
kinastic is a multi-industry platform that allows companies to connect with their community to empower their employees and/or clients to become fitter and healthier. The platform consists of two products. While kinastic Club is perfect for creating and sharing personalised workout programs, kinastic Coach is a fully virtual and automated personal trainer that is using AI to create individual training programs for everyone.

Stripe

Series H in 2021
Businesses on Stripe rank access to capital as their biggest obstacle to growth. Traditional lenders aren’t set up to serve internet businesses, typically requiring lengthy applications, complex collateral obligations, and fixed payment schedules. They built Stripe Capital to cut through the red tape. Their goal is to provide access to fast, flexible financing that helps online businesses invest in growth.

adopt'

Series B in 2022
adopt' SAS manufactures and distributes makeup, fragrances, and accessories for women. The company was founded in 1986 and is headquartered in Cestas, France. adopt' SAS operates as a subsidiary of Folies Douce SA.

MyInvestor

Series B in 2021
MYINVESTOR SL offers mortgages, saving accounts, cards, investment funds, and other banking products. The company was incorporated in 2019 and is based in Madrid, Spain. MYINVESTOR SL operates as a subsidiary of Andorra Banc Agrícol Reig, S.A.

Jumia Technologies AG

Series C in 2016
Jumia Technologies AG operates an e-commerce platform in Africa. The company’s platform consists of marketplace, which connects sellers with consumers; logistics service that enables the shipment and delivery of packages from sellers to consumers; and payment service, which facilitates transactions to participants active on the company’s platform in selected markets. Its marketplace offers various products in a range of categories, including fashion and apparel, smartphones, home and living, consumer packaged goods, beauty and perfumes, and other electronics, as well as access to various services, such as restaurant food delivery, hotel and flight booking, classified advertising, airtime recharge, and instant delivery. The company was formerly known as Africa Internet Holding GmbH and changed its name to Jumia Technologies AG in January 2019. Jumia Technologies AG was founded in 2012 and is headquartered in Berlin, Germany.

Seguros Colpatria

Acquisition in 2014
Seguros Colpatria is a privately held company that offers products in the sectors of fire, earthquake, liability, life insurance business, engineering, automobiles, insurance compliance and SOAT.

ryd

Series C in 2022
ryd is a cross-brand solution for mobile payments directly at the gas pump. ThinxNet GmbH, a Munich-based IoT / FinTech start-up, created the company. Founded in 2014,

Baobab Group

Private Equity Round in 2016
Groupe Baobab provides digital and mobile solutions that enable clients to manage their finances. The company offers loans; savings accounts, current accounts, and term deposits; insurance, payments, and money transfer solutions; and access to energy, water, and technology solutions. It offers services to private customers, microenterprises and SMEs, and companies in France and internationally. The company was founded in 2005 and is headquartered in Paris, France.

Baobab Group

Private Equity Round in 2005
Groupe Baobab provides digital and mobile solutions that enable clients to manage their finances. The company offers loans; savings accounts, current accounts, and term deposits; insurance, payments, and money transfer solutions; and access to energy, water, and technology solutions. It offers services to private customers, microenterprises and SMEs, and companies in France and internationally. The company was founded in 2005 and is headquartered in Paris, France.
Blue like an Orange Sustainable Capital seeks to invest in opportunities in a diversified set of emerging market companies that deliver both strong risk adjusted returns and social impact aligned with the Sustainable Development Goals (SDGs).

Zeitgold

Series A in 2019
Zeitgold provices an app which combines human expertise with artificial intelligence to allow small companies such as owners of cafes, restaurants, small retailers or craft businesses (who ususally have 3 to 20 employees), to manage preparatory accounting and other administrative tasks and run their business easily. The app app covers all areas of a business’s finance processes. In details, the system features: – a digital, real-time and compliant cash journal, – a tool to automate preparatory bookkeeping, – a document archive, – payments tools to manage open invoices, – tools to manage personnel master data and pay employees,

BRE Insurance

Acquisition in 2014
BRE Insurance provides property and casualty insurance services. BRE Insurance operates as a subsidiary of AXA Group.

Vermietet.de

Venture Round in 2017
Vermietet.de is an association of Berlin entrepreneurs and investors whose vision is to make real estate ownership simple and intelligent. They know from their own experience how complex the management of a property can be - and have therefore founded rented.de.

MyInvestor

Series A in 2019
MYINVESTOR SL offers mortgages, saving accounts, cards, investment funds, and other banking products. The company was incorporated in 2019 and is based in Madrid, Spain. MYINVESTOR SL operates as a subsidiary of Andorra Banc Agrícol Reig, S.A.

Fineartmultiple

Venture Round in 2017
Fineartmultiple is an online marketplace for art. On their platform, collectors can discover, buy and sell contemporary art from all over the globe. Their goal is to make the most outstanding contemporary and modern artworks accessible to art lovers everywhere. They make this possible by working with the most prestigious galleries in the world: Together they offer you a carefully curated selection of artworks that are significant both in the discourse of contemporary art and in their long-term, sustainable value. They only sell original artworks. All works that they offer on their platform are signed by the artist or accompanied by a certificate of authenticity.

Menlook

Venture Round in 2014
Menlook is the leading European marketplace dedicated to men's lifestyle, drawing more than 4 million unique visitors every month. Especially since the acquisition of oki-ni.com in 2013, the Group has become a key player in the premium and luxury fashion-lifestyle markets.With more than €40 million in funds raised, 150 employees in four countries, over 1,000 partners and a growth rate topping 80% in 2015, Menlook offers a fresh new outlook on men’s fashion.

Policygenius

Series D in 2020
Policygenius Inc. provides insurance brokerage services. It offers life, health, long term disability, pet, and renters’ insurance products and services. The company also provides online insurance checkup services. Policygenius Inc. was formerly known as KnowItOwl Inc. The company was incorporated in 2012 and is based in New York, New York.

Sul América Companhia Nacional de Seguros

Acquisition in 2015
Sul América Companhia Nacional de Seguros provides property and casualty insurance products and services. Sul América Companhia Nacional de Seguros operates as a subsidiary of AXA Group.
Birdie Care Services Limited provides a care technology platform that supports care professionals and members to monitor the health and wellbeing of an elderly relative. The company was incorporated in 2017 and is based in 2017 and is based in London, United Kingdom.

The MONY Group

Acquisition in 2004
The MONY Group is one of the oldest and largest mutual life insurance companies in the United States, provides a wide range of life insurance, annuity and investment products primarily to higher income individuals, particularly family builders, pre-retirees and small business owners.

Baobab Group

Private Equity Round in 2008
Groupe Baobab provides digital and mobile solutions that enable clients to manage their finances. The company offers loans; savings accounts, current accounts, and term deposits; insurance, payments, and money transfer solutions; and access to energy, water, and technology solutions. It offers services to private customers, microenterprises and SMEs, and companies in France and internationally. The company was founded in 2005 and is headquartered in Paris, France.

Contguard

Series A in 2018
Contguard is a global monitoring company that provides end-to-end service for managing goods in transit. We enable our clients to optimize their Supply Chain management by delivering in-depth information analysis as well as real-time data on their shipping. With Contguard you would know in real-time - * Your Cargo's location. * Deviation from your planned route. * Arrival/Departure from defined locations. * Your Cargo's temperature and humidity tailored to your defined parameters. * Container intrusion alert - whether the container's doors have been opened or in other means. * Shake impact - in case your cargo is not properly handled.

Baobab Group

Private Equity Round in 2015
Groupe Baobab provides digital and mobile solutions that enable clients to manage their finances. The company offers loans; savings accounts, current accounts, and term deposits; insurance, payments, and money transfer solutions; and access to energy, water, and technology solutions. It offers services to private customers, microenterprises and SMEs, and companies in France and internationally. The company was founded in 2005 and is headquartered in Paris, France.

XL Group Ltd

Acquisition in 2018
The company’s Insurance segment offers property, casualty, professional liability, environmental liability, aviation and satellite, marine and offshore energy, equine, fine art and specie, surplus lines, political risk and trade credit, crisis management, cybertech, accident and health, and other insurance coverages. Its Reinsurance segment provides casualty, property risk, property catastrophe, marine, aviation, credit, and other specialty reinsurance. The company markets its products and services to industrial, commercial, and professional firms, as well as to insurance companies and other enterprises worldwide. XL Group Ltd was founded in 1986 and is headquartered in Hamilton, Bermuda. XL Group Ltd operates as a subsidiary of AXA SA.

CoPromote

Series A in 2015
CoPromote is a social exchange platform to help people grow their audience. Users are content creators ranging from artists, bloggers, brands, businesses, musicians, tastemakers, websites, and more. CoPromote is for people of all interest types.

eranove SA

Funding Round in 2015
Formerly known as Finagestion, the Eranove Group is a leading player in public service management and electricity and drinking water production in West Africa. The Group has been operating in Côte d’Ivoire (SODECI, CIE, CIPREL and AWALE) for several decades, in Senegal (SDE) since 1996 and in the Democratic Republic of Congo, via a service contract with REGIDESO, since 2012. The Group and its subsidiaries are fully committed to all aspects of Corporate Social Responsibility (CSR) in meeting with quality, safety and environmental standards according to ISO 9001, OHSAS 18001 and ISO 140001 certification standards.

Genworth Lifestyle Protection Insurance

Acquisition in 2015
Genworth Lifestyle Protection Insurance provides credit and lifestyle protection insurance services such as life and health insurance, expense insurance and loan insurance.

Homebell

Venture Round in 2018
Homebell is a business enterprise that offers reliable craftsmen services at a fixed quote and fair prices for home & living space projects.The company is focused on its customers' home and create ideal living spaces. A professional approach and a high-quality result are the most important values for them and its craftsmen. The company organize and realize their customers' plans so that they can lean back and enjoy the results. Quality, transparency and fair pricing are part of their complete service. They are the reliable partner for home improvement.

AXA Mansard

Acquisition in 2014
AXA Mansard is a member of the AXA Group, the worldwide leader in insurance and asset management with 166,000 employees serving 107 million clients in 64 countries. The group is a conglomerate of independently run businesses, operated according to the laws and regulations of many different countries. Despite being written in upper case, "AXA" is not an acronym, the name was chosen because it is short and can be pronounced easily the same way in every language. AXA is present in geographically diverse markets, with operations concentrated in Europe, North America and Asia Pacific. AXA’s is also present in Central and South America, Middle East and in Africa via operations in Cameroon, Gabon, Ivory Coast, Morocco, Senegal and Algeria. AXA has more than over 20 year’s continuous presence in Africa. In 2016, IFRS revenues amounted to Euro 100.2 billion and IFRS underlying earnings to Euro 5.7 billion. AXA had Euro 1,429 billion in assets under management as of December 31, 2016. AXA Mansard was incorporated in 1989 as a private limited liability company and is registered as a composite company with the National Insurance Commission of Nigeria (NAICOM). The Company offers life and non-life insurance products and services to individuals and institutions across Nigeria whilst also offering asset/investment management services, health management services and pension fund administration through its three subsidiaries AXA Mansard Investments Limited, AXA Mansard Health Limited and AXA Mansard Pensions Limited. From 2004 to 2015, AXA Mansard Insurance grew its turnover at a compounded annual growth rate (CAGR) of 55%. In 2016, GWP was NGN 20.7 billion, while net income was NGN 10.9 billion, a 10% increase over 2015. The company has progressed from the 97th position out of 109 insurance companies existing in 2003 to one of the top 4 out of 58 insurance companies in 2016. This growth has attracted the attention of analysts from across the world. AXA Mansard Insurance was listed on the Nigeria Stock Exchange in November 2009. In December 2014, AXA Mansard became a member of AXA following AXA’s acquisition of Assur Holdings (AAH), the majority shareholders in the erstwhile company. AXA Mansard Insurance plc is rated B+ by A.M. Best (2016) for Financial Strength. The Company is also certified ISO 9001:2008 compliant by the Standard Organisation of Nigeria (SON) for quality management systems.

CoPromote

Series A in 2015
CoPromote is a social exchange platform to help people grow their audience. Users are content creators ranging from artists, bloggers, brands, businesses, musicians, tastemakers, websites, and more. CoPromote is for people of all interest types.

Maestro Health

Acquisition in 2018
Founded in 2013, Maestro Health is an American employee benefits company that provides integrated one-stop shopping experiences, along with private-labeled exchange solutions. It also offers employee health and benefits management solutions for brokers, small employers, and Fortune 1000 organizations. It combines private exchange, benefits administration, enrollment, self-insurance, healthcare savings account administration, and components on its integrated mobile and web platform, maestroEDGE. The company owns and operates a proprietary private exchange and medical TPA, which allows the streamlined integration of care management to drive down costs for employers.

Homebell

Venture Round in 2017
Homebell is a business enterprise that offers reliable craftsmen services at a fixed quote and fair prices for home & living space projects.The company is focused on its customers' home and create ideal living spaces. A professional approach and a high-quality result are the most important values for them and its craftsmen. The company organize and realize their customers' plans so that they can lean back and enjoy the results. Quality, transparency and fair pricing are part of their complete service. They are the reliable partner for home improvement.

AXA Seguros SA de CV

Acquisition in 2008
AXA Seguros SA de CV provides property and casualty insurance services. ING Seguros is the third largest Mexican insurer with approximately 12 percent of total market share, and 5.5 million policyholders. Its main activities are in auto insurance (with a 17 percent market share) and health coverage, where it is the second largest player with a 19 percent market share.

DabaDoc

Venture Round in 2018
DabaDoc connects millions of patients with thousands of doctors across Africa. It radically enhances the doctor discovery process and provides various solutions to help patients find the right care, from locating and instantly booking a reputable doctor nearby, to having a free health chat with a doctor, to having an online consultation with a trusted health professional. For doctors, DabaDoc champions a new way to manage their practice, communicate with their patients, store records securely and optimize their schedule to continuously provide care or fill in last minute cancellations. DabaDoc is free for patients and available in Morocco, Tunisia, Algeria, Nigeria and South Africa.

Commercial International Life Insurance Co.

Acquisition in 2015
Commercial International Life Insurance Co. provides insurance products and services. Commercial International Life Insurance Co. individual insurance plans include dreams, retirement, wedding, graduation, accident care, and life care.

Baobab Group

Private Equity Round in 2010
Groupe Baobab provides digital and mobile solutions that enable clients to manage their finances. The company offers loans; savings accounts, current accounts, and term deposits; insurance, payments, and money transfer solutions; and access to energy, water, and technology solutions. It offers services to private customers, microenterprises and SMEs, and companies in France and internationally. The company was founded in 2005 and is headquartered in Paris, France.

Jumia Technologies AG

Series C in 2014
Jumia Technologies AG operates an e-commerce platform in Africa. The company’s platform consists of marketplace, which connects sellers with consumers; logistics service that enables the shipment and delivery of packages from sellers to consumers; and payment service, which facilitates transactions to participants active on the company’s platform in selected markets. Its marketplace offers various products in a range of categories, including fashion and apparel, smartphones, home and living, consumer packaged goods, beauty and perfumes, and other electronics, as well as access to various services, such as restaurant food delivery, hotel and flight booking, classified advertising, airtime recharge, and instant delivery. The company was formerly known as Africa Internet Holding GmbH and changed its name to Jumia Technologies AG in January 2019. Jumia Technologies AG was founded in 2012 and is headquartered in Berlin, Germany.

Liberty Ubezpieczenia

Acquisition in 2016
Liberty Ubezpieczenia provides multi-line insurance services. Liberty Ubezpieczenia operates as a subsidiary of AXA Group.

Medloop Technologies Gmbh

Series A in 2020
Medloop Technologies Gmbh designs and develops healthcare industry software connecting patients to doctors. The company offers products for patients, and doctors such as practice chat, digital prescriptions, and lab results. The company is based in Berlin, Germany.