50 Corporate Ventures Launched in-house from scratch.
Corporations Over the past years, the acceleration towards digital around the has rapidly evolved customer behaviour, driving exciting world are technologies, and unlocking new flexible payment disrupting from models to improve the user experience. the inside out. All these factors combined created the perfect Vincent Wauters Leyash Pillay opportunity for entrepreneurs and intrapreneurs to explore new markets in search of growth. However, Venture Partnership Lead Head of Content traditional corporate processes tend to hinder the speed and flexibility needed to capitalise on it. EMAIL LINKEDIN EMAIL LINKEDIN Leading enterprises from all over the world are turning to corporate venturing as a tool to catalyse growth. They’re leveraging their corporate assets and applying successful startup methodologies to create lean & agile businesses. We’ve highlighted 50 inspiring Corporate Ventures from different industries to illustrate the widespread adoption of this approach and its possible applications in your company.
Headquarters By 50 Corporate Startups #15 London, UK Proximity to core Industry Close Banking Flagship product Founded Forex transfer service 2020 Employees 75 PagoFX is a low-cost international money transfer service Website created by Santander in an easy-to-use app. It allows clients to LinkedIn make instant transfers based on real-time rates. PagoFX plans to expand the service to SMEs. Key Takeaway PagoFX allows the Santander bank to offer its consumers the best of two worlds: bank-level security and trust combined with the price competitiveness, convenience and user experience of a modern fintech solution.
Headquarters By 50 Corporate Startups #16 Seoul, South Korea Proximity to core Industry Far Apparel Flagship product Founded Smart belt 2016 Employees 11-50 Welt (as in “wellness belt”), is made of Italian leather and uses Website embedded sensors to do things like count your steps, track Read blog changes in your waistline and reduce your fall risk - all through an easy-to-use app. Key Takeaway Welt partnered up with multiple governmental institutions to boost the adoption and implementation of digital therapeutics in Korea. They believe that success comes from strategising like pharma companies, executing like tech companies, and building a culture like gaming companies.
Headquarters By 50 Corporate Startups #17 New York, U.S.A Proximity to core Industry Close Food & Beverages Flagship product Founded Snack delivery service 2020 Employees 50-200 PantryShop enables users to order snack kits with PepsiCo Website products like SunChips, Quaker Oats, Gatorade and Tropicana. More Info Free shipping is standard, and purchases are mobile optimised to provide a seamless and convenient customer experience. Key Takeaway Pepsico noticed their customers couldn’t access their products when the pandemic started and created a way to go directly to them. The D2C model offered them a quick way to meet their customers due to its low-resource structure.
Headquarters By 50 Corporate Startups #34 California, U.S.A. Proximity to core Industry Close Software Flagship product Content design app Founded Employees 2016 500-1000 Adobe Spark is a free online and mobile design app that Website enables users to create beautiful images, videos, and web Read blog pages. It combines three separate adobe design apps: Spark Page, Spark Post, and Spark Video. Key Takeaway Adobe Spark simplifies Adobe’s creative tools by enabling creators to access a platform where they can share their content on their favourite applications. Adobe allows Spark to combine elements of their tools on one platform. The result is an easy-to-use, end-to-end tool for mobile creators.
Search
