Corporate / CVC · 1 deal
Every published round Insurance Australia Group took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Carbar | Unnamed stage | 19 Jul 2019 | $16.8m | Participant | Startup Daily (Mon 17 Feb 2025), Startup Daily (Tue 15 Feb 2022), insurancenews.com.au (Mon 22 Jul 2019), Startup Daily (Fri 19 Jul 2019), premium.goauto.com.au, insurancenews.com.au (Tue 16 Jul 2019), AFR Technology, SmartCompany |
Companies Insurance Australia Group has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Carbar | 19 Jul 2019 | 1 | 0 |
Fund closes reported for Insurance Australia Group, as distinct from the investments it has made.
Companies Insurance Australia Group has backed that another company then bought. An exit for the holding, not a deal Insurance Australia Group did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| Carbar | IAG | Acquisition | 16 Jul 2019 | - |
| Carbar | Insurance Australia Group | Acquisition | 16 Jul 2019 | - |
Companies Insurance Australia Group acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Carbar | Acquisition | 16 Jul 2019 | - | bodyshopnews.net, nationalcollisionrepairer.com.au, SmartCompany |
| Name | Role | Sources |
|---|---|---|
| James Orchard | Executive General Manager of Innovation | bodyshopnews.net, nationalcollisionrepairer.com.au |
Stories naming Insurance Australia Group. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
SmartCompany reports Carbar has raised $16.8 million, with insurer IAG taking a majority stake and joining the round, while recalling an earlier $5.75 million raise from August 2018.
Also AFR Technology·insurancenews.com.au·premium.goauto.com.au·Startup Daily·Startup Daily·nationalcollisionrepairer.com.au·bodyshopnews.net·Startup Daily·insurancenews.com.au