American Express Ventures

www.americanexpress.com/us/business/american-express-ventures

Foreign Corporate VC

Tech Verticals Preferences

AdTech, B2B, Consumer, Data Analytics, e-Commerce, Enterprise Applications, Enterprise Software, FinTech, Fraud Detection, Frontier Tech, Internet Applications, Marketing Tech, Payments, PayTech, Security

General Data

Established	2011
Current Active Portfolio Companies:	9

DESCRIPTION

Amex Ventures is the corporate venture capital arm of American Express, focused on investing in early-stage startups that align with the company’s strategic priorities. Since 2011, the team has backed over 100 companies across sectors like fintech, commerce, consumer, enterprise technologies & software, and frontier technologies. Amex Ventures plays a dual role as both investor and strategic partner—helping startups grow through the broader American Express ecosystem, while also identifying innovations that enhance the value delivered to Card Members and business partners around the world.

AFFILIATION

Account ID	Affiliation Type	Name	Parent Name	Status
		American Express Company
BA4CBC10-A416-E611-BD22-80C16E7D3630	Investment Arm	American Express Ventures	American Express Company
CD4E415F-63D1-EE11-B812-00505695CD29	R&D Center	American Express Israel Ltd.	American Express Company	Ceased

CONTACT INFO

Expand / Collapse All

Main Address: New York, United States

Address	200 Vesey St
City	New York
State/Province	NY
Country	United States
Zip	10285

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title
Mr. Matt Sueoka	SVP Global Head of Amex Ventures
Ms. Margaret Lim	Managing Director

Preferences

Type of Financing	Equity
Stage Preferences	Initial Revenues,R&D,Revenue Growth,Seed

SECTOR SEGMENTATION (By Number Of Companies)

Enterprise Software & Infrastructure

78%

Hardware & Industrial

11%

Consumer-Oriented Software

11%

	PORTFOLIO COMPANIES

Current Portfolio Companies (9)

Company Name

Sector

Round/Deal Type

Date Announced

Investor Amount

Total Deal Amount

Remarks

Anzu

Ent. SW

Second Round - Extended

12/06/2025

N/A

Candex

Ent. SW

Second Round	29/11/2023	N/A	$45m
First Round - Extended	02/11/2022	N/A	$15m
First Round	20/04/2021	N/A	$20m

DUST Identity

HW & Indust.

Second Round

05/12/2023

N/A

$40m

Hip Mobility (HQ)

HQ is an industry-leading end-to-end enterprise solution for corporate mobility globally. HQ delivers the technology that powers ground transportation with our ride booking, billing, and payment platform. As a leading corporate ground transportation management provider, HQ supports a wide range of mobility services, from private taxis and chauffeured cars to ride-sharing and corporate shuttles.

Ent. SW

Second Round - Extended

22/07/2024

N/A

Menlo Security

Ent. SW

Sixth Round	10/12/2023	N/A	N/A
Fifth Round	12/11/2020	N/A	$100m
Fourth Round	09/07/2019	N/A	$75m
Third Round	11/12/2017	N/A	$40m

Nekuda.ai

Nekuda will enable AI agents to purchase online, safely and autonomously. Its infrastructure helps agents handle payment credentials securely, execute transactions and capture user intent with transparent mandates.

CO SW

Seed

14/05/2025

N/A

$5m

Sedric

Ent. SW

First Round

05/09/2024

N/A

$18.5m

TrueAccord

Ent. SW

Second Round	01/09/2020	N/A	$63m
Second Round	14/11/2017	N/A	$22m

Zafran

Ent. SW

Third Round - Extended

26/02/2026

N/A

Exits (8)

Company Name	Exit Type	Date Announced	Amount	Remarks
abC Defghij	Acquired	31/08/2024	abCDe	$1.3bn valuation.
abC Defghij	Acquired	24/08/2023	abCDe
abC Defghij	Acquired	06/10/2025	abCDe
abC Defghij	Acquired	15/10/2025	abCDe	The acquisition consideration includes an up-front cash payment of $2.15b and $360m in Xero Limited shares, subject to working capital adjustments. Up to $500m in contingent payments will be made to Melio employees over three years. The transaction was announced in June 2025.
abC Defghij	Acquired	28/07/2025	abCDe
abC Defghij	Acquired	01/07/2025	abCDe	In cash. ERGO Group is the primary insurance arm of Munich Re, a German multinational reinsurance company.
abC Defghij	Acquired	13/02/2020	abCDe
abC Defghij	Acquired	11/11/2020	abCDe

Last Updated:	abCDe
IVC Number:	abCDe