MS&AD Ventures

Jon Soberg is the CEO and Managing Partner and leads the investment team. He is supported by four named partners — Mark Yanagisawa, Chris Murphy, Marco Stutz, and Moritz Gillmair — as well as a roster of senior associates and venture partners, per the firm's website.

It operates as a separate corporate venture capital firm established by MS&AD Insurance Group Holdings as its affiliated company. The venture team sits in Menlo Park, distinct from the Tokyo-based parent's corporate-development functions, and maintains its own investment staff, CFO, and corporate secretary. This structure gives it dedicated early-stage bandwidth alongside a direct line to one of the world's largest insurance groups.

The firm states it primarily invests in early-stage companies. Its public portfolio, however, includes seed-stage startups, later-stage growth companies, and positions that reached exit — indicating the team can participate across the venture lifecycle when the strategic fit with the parent is strong.

The portfolio spans insurtech, fintech, digital health, AI and analytics, sustainability, future of transportation, cybersecurity, and future of work. Insurtech and fintech represent the largest single cluster, reflecting the core business of its corporate parent.

Yes. The firm describes working collaboratively with other investors, and its portfolio includes positions in companies such as Hippo Insurance and Next Insurance — both of which raised capital from a mix of traditional venture firms and strategic investors.