Former Citi, Battery VC has new $378M fund that helps startups land Prudential, Mutual of Omaha, others as investors and customers | TechCrunch
Briefly

PruVen Capital's new $378.5 million Fund II, expanded from a single corporate investor to multiple financial partners, reflects the growing interest in fintech and insure-tech startups.
Gupta emphasizes the unique advantage of PruVen by allowing portfolio companies to partner with top global insurance firms, which can lead to significant early customer acquisition.
In discussing his past experience, Gupta reveals that having access to a first reference customer could have greatly benefited his previous startups, shaping his investment philosophy.
The partnerships formed through PruVen not only benefit the startups but also provide institutional LPs with a first-look at emerging technologies, creating a symbiotic relationship.
Read at TechCrunch
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