Old Mutual
Mutualpark, Jan Smuts, Cape Town, 8000, South Africa
Overview
Old Mutual is a financial services group that offers a broad spectrum of financial solutions to retail and corporate customers. They help their customers thrive by enabling them to achieve their lifetime financial goals, while investing their funds in ways that will create a positive future for them, their families, their communities and broader society. They offer savings, protection, investments, lending, and banking serices.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 7
Sector focus
- Banking
- Finance
- Financial Services
Investment portfolio
- CoverGo
Participated · Series A · May 2022
CoverGo offers a modular, no-code insurance platform powered by more than 500 open insurance APIs, enabling P&C, health and life insurers to build and launch products within days and automate policy administration and claims. Its platform supports omni-channel distribution and is used by major insurers and delivery partners across multiple regions. Customers include AXA, MSIG (MS&AD Insurance Group), Dai-ichi Life and Bank of China Group Insurance, while delivery partners include Deloitte, Accenture, IBM and Synpulse. The company has offices in Singapore, Hong Kong and Vietnam and operates across Asia, the US, Canada, Latin America, the Middle East and other markets. Led by CEO and founder Tomas Holub, CoverGo plans to use recent funding to accelerate international expansion, develop its partner network with consulting firms, and grow sales and engineering teams in the US and Asia-Pacific.
- Engie Solar
Participated · Equity · Jun 2013
Solairedirect develops, constructs, finances and operates utility-scale photovoltaic solar parks using an integrated engineering and financing model. The company industrializes downstream PV processes—project development, design and EPC, structured financing, legal engineering, operation and maintenance, power sales and grid services. It focuses on municipal-sized parks (5–20 MW), local partnerships and local manufacturing content to reduce costs and optimize performance. Solairedirect has operations in France, India, South Africa, Chile, Thailand, China and the USA and was founded in 2006. The company reports 250 employees and a total 256 MW under operation and construction. Recent tender results and feed-in tariffs around €100/MWh have driven its competitiveness versus other energy sources.