Why we should connect more!
Why we should connect more!
While its DNA is deeply rooted in insurance, Baloise has gained valuable experience in Mobility over the past years from both the corporate and start-up worlds. Its team of venture builders, business consultants, and investment experts pride themselves on their role as a trusted business partner, and their ability to offer starts-ups independent and impartial advice.
We firmly believe in the societal potential of mobility, and therefore we invest in start-ups that enhance smart, safe, and sustainable transportation.
James Sanders, Senior Ecosystem Developer at Baloise explains, “We are focused on identifying opportunities in mobility and we look to collaborate with like-minded partners to drive mutual benefit. In our portfolio, we have companies who provide innovative mobility products and corresponding data, and in parallel, our partner network brings their knowledge, resources, and experience to the table. Like most things in life, whether it’s in relationships or in business, things tend to work better when you do them together.”
Collective knowledge empowers start-ups through observation, replication, storytelling, and long-term growth. Building new connections enables them to grow, honing their skills and helping where needed — ‘mutual care yields mutual benefits’ is a suitable mantra.
Maruscha Heyner, Partner Manager for Microsoft in Zurich, describes it as a “win-win partnership; both parties reap mutual benefits when collaborating with Baloise.”
«Scaling costs are expensive, and we have little time to develop our own solutions. Therefore, it’s of great value to us that thanks to our partnership with Baloise, we are able to access software and tools without huge upfront investments in time and money.»
An investor network focused on current mobility trends in Europe and beyond. The aim is to find and support start-ups that want to make a difference to the future of mobility. Online pitches, live events, panel discussions: it is the place where people and mobility come together.
"As an insurer, we’re not a competitor to our ventures," James adds. "This means we can act as an independent advisor and sparring partner in all of our strategic conversations. What's more, I’d say nearly every product has a component that needs insurance, which is where we can add real value thanks to our more than 160 years of specialised expertise.”
Daniel Hilson, founder, and CEO of Evenergi, is keen to point out how Baloise has saved his company precious time. “Like most start-ups, we need to be efficient with our time. A great example is a pitch we made at Mobility Junction recently. In just one call, we met 50 investors online. Getting direct access to relevant players in the market is precisely the sort of help we need, and partnering with Baloise gives us these types of opportunities. That one call has generated a lot of interest in our business, and some really interesting follow-up meetings."
James sums up, “Our goal is to minimise the burden on start-ups, whether it is supporting them in individual acquisitions or enabling them to attend global events. Either way, our approach is about making the whole process as sustainable as possible for them.”
«By sharing our knowledge, such as enabling sessions where we guide start-ups on harnessing AI and our technology platform, actively assisting start-ups with technology, and facilitating connections with our customers, we enhance Microsoft's reputation and raise awareness of our start-up program. Every start-up founder has a network to tap into, whether it's connections with other start-ups or access to individuals within large corporations. Therefore, each engagement holds significant value, and we are committed to actively participating in the ecosystem.»
Effective collaborations hinge on efficiency and trust, two vital ingredients for both partners and investors. Baloise's brand equity instils the confidence that fuels progress for start-ups. James smiles, as he thinks of his role as a matchmaker in the mobility sector. «We're like a dating app, one that’s committed to bringing people together. Our team wants to become the top choice for mobility-focused founders seeking venture capital. We put substantial effort into finding new service partners, such as innovation hubs, universities, FinTech start-ups, and software providers. At the same time, we are also looking for expert advisors for our portfolio companies' financing rounds.
Partnership, for us, involves both push and pull—it's a necessity to meet our ambitious targets, and we genuinely believe in the power of collaboration to drive continuous improvement."
«Thanks to Baloise we are working with service providers such as AWS and Microsoft. It’s a big plus for our business, providing us cost efficiencies and ways to become faster in our execution. The start-up journey is challenging, but the path becomes so much easier when you are not walking it on your own»