Aflac Corporate Ventures is a Georgia based venture capital firm investing in early-stage technology companies. It is a venture capital investment arm of Aflac, an American insurance company offering individuals and companies with supplemental disability insurance. Aflac Corporate Venture seeks to invest in companies that align with its parent company’s business interests in the United States and Japan. The venture capital arm focuses on investing in fintech, healthcare, internet of things, big data, and analytics. As of 2020, the company has made 15 investments with 14 portfolio companies.
Aflac Incorporated (NYSE: AFL) announced today that as part of its overall corporate venture strategy, the company is increasing its original investment in the Aflac Ventures Fund from $100 million over three years to $250 million over three to four years, as opportunities emerge.