# Assurant Growth Investing

Assurant Growth Investing is an Asset Manager based in Atlanta, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Atlanta, United States
- **Region:** North America
- **Address:** Atlanta, GA, United States
- **Assets under management:** Undisclosed
- **Website:** http://www.assurant.com/aboutassurant/growth-investing
- **LinkedIn:** https://www.linkedin.com/company/assurantventures

## Regulatory record

- **Reports private funds:** No

## About

Assurant Growth Investing is a private equity firm based in Atlanta, US. It focuses on Venture Capital investments. The firm has a team of six, including five investment professionals.

## Questions

### Does Assurant Growth Investing raise funds from external LPs or deploy off its own balance sheet?

The group deploys capital directly off Assurant's corporate balance sheet. No external fundraising vehicle, limited-partner base, or commingled fund structure has been publicly disclosed. This permanent-capital model means AGI does not operate under traditional venture fund constraints such as a ten-year fund life or mandatory distributions.

### What is Assurant Growth Investing's relationship to HYLA Mobile and iCracked?

Both HYLA Mobile and iCracked were portfolio companies of AGI before Assurant acquired them outright. HYLA Mobile, a device-trade-in and recommerce platform, was acquired in January 2020 for approximately $670 million. iCracked, a device-repair logistics network, was acquired earlier. These acquisitions illustrate AGI's model of incubating strategic partnerships that can be folded into the parent company.

### Is Assurant Growth Investing a standalone venture firm or a corporate group?

It is a captive corporate venture and growth equity group embedded inside Assurant, the publicly traded specialty insurer. It makes equity investments in companies adjacent to Assurant's core insurance and connected-device operations. The team does not operate as an independent firm with a separate brand, management company, or external investor base.

### Which sectors and geographies does Assurant Growth Investing focus on?

Sectors align tightly with Assurant's parent-company footprint: InsurTech, connected-device services, mobility protection, and residential risk solutions. Geography skews heavily toward North America, with secondary exposure to the UK and Europe through Assurant's established London insurance operations. Investments outside these verticals or regions are not publicly documented.

### How is Assurant Growth Investing different from a standard corporate venture capital arm?

Where many corporate VC arms operate as financially motivated fund-of-funds or minority investors, AGI's model includes a demonstrated path to full acquisition. HYLA Mobile and iCracked both moved from portfolio positions to wholly owned subsidiaries. The group invests permanent capital rather than committed fund pools, removing exit-timing pressure and making it structurally closer to a long-duration holding company than a traditional CVC.

## Related profiles

- [KeyCorp](https://altss.com/profile/keycorp)
- [Growmark](https://altss.com/profile/growmark)

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Last updated: 2026-06-03T20:00:00.000Z

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