Calling All Startups for the MetLife Digital Accelerator Powered by Techstars
January 16 2019 - 1:00PM
Business Wire
Unique mentorship opportunity to refine and
fast-track capabilities alongside industry leaders
MetLife, Inc. (NYSE:MET) announced that applications are now
open for the second MetLife Digital Accelerator powered by
Techstars. The MetLife Digital Accelerator identifies and mentors
startups around the globe that are developing transformational
capabilities and potentially industry-disrupting technologies in
the insurance space.
Selected entrepreneurs will join a 13-week mentorship program
and gain access to a network of MetLife and Techstars leaders and
technologists. At the conclusion of the program, each founder will
present their accomplishments to MetLife, potential investors,
local entrepreneurs and the media during “Demo Day.”
“MetLife’s digital-transformation strategy is focused on
innovating internally while also looking across industries to gain
critical external perspectives,” said Greg Baxter, executive vice
president and MetLife’s Chief Digital Officer. “Digital Accelerator
is an important part of our innovation ecosystem. Our goal is to
have first-mover advantage on capabilities that are strategically
important both to MetLife and its customers.”
MetLife’s first Digital Accelerator in partnership with
Techstars concluded in October of last year, and MetLife is now
pursuing pilots with nine of the 10 companies, with five tests
already in flight.
“The MetLife Digital Accelerator powered by Techstars provides
entrepreneurs access to MetLife’s 150 years of deep experience in a
highly complicated and regulated industry, and it provides access
to 10,000 Techstars mentors who have built and scaled successful
businesses,” said Andrew Bate, Co-founder & CEO of Safely and a
2018 Digital Accelerator participant. “I’d highly recommend it for
any startup considering an accelerator program.”
Who Should Apply
MetLife and Techstars are looking for entrepreneurs who are
building next-generation financial services solutions, particularly
those focused on:
- Customers, for example,
solutions to support freelancers or those who participate in the
gig or sharing economies.
- Products, for example, new
approaches to deliver employee benefits or experiences that will
support the financial, emotional or physical health of
customers.
- Process, for example, new ways
to underwrite and manage risk or technologies to accelerate
integration across industry partners.
Startups selected will be hosted at MetLife’s Global Technology
Campus in Cary, North Carolina, for the duration of the program.
Startups may apply at www.techstars.com/apply.
Visit MetLife’s YouTube channel to learn more about the program
and watch a “Day in the Life” video with 2018 Digital Accelerator
participants.
About MetLife:
MetLife, Inc. (NYSE:MET), through its subsidiaries and
affiliates ("MetLife"), is one of the world's leading financial
services companies, providing insurance, annuities, employee
benefits and asset management to help its individual and
institutional customers navigate their changing world. Founded in
1868, MetLife has operations in more than 40 countries and holds
leading market positions in the United States, Japan, Latin
America, Asia, Europe and the Middle East. For more information,
visit www.metlife.com.
About TechStars:
Techstars is the worldwide network that helps entrepreneurs
succeed. Techstars founders connect with other entrepreneurs,
experts, mentors, alumni, investors, community leaders, and
corporations to grow their companies. Techstars operates three
divisions: Techstars Startup Programs, Techstars Mentorship-Driven
Accelerator Programs, and Techstars Corporate Innovation
Partnerships. Techstars accelerator portfolio includes more than
1,300 companies with a market cap of $13.9 billion.
www.techstars.com
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190116005617/en/
For Media: Tony Varnon(212) 578-8188tvarnon@metlife.com
MetLife (NYSE:MET)
Historical Stock Chart
From Mar 2024 to Apr 2024
MetLife (NYSE:MET)
Historical Stock Chart
From Apr 2023 to Apr 2024