SunAmerica Ventures

Established in 1994, SunAmerica Ventures operated as the private equity and venture capital division of AIG Retirement Services, with its headquarters in Los Angeles, California. The firm is now out of business. It focused on providing capital, experience, and key relationships to support the growth of promising companies.

The firm's primary business was making strategic investments in companies across various stages, including early, mid, late, expansion, and buyout phases. SunAmerica Ventures typically invested between $3 million and $5 million per deal. The investment strategy encompassed a wide array of sectors, with a significant focus on communications infrastructure, software, and technology. Other targeted industries included biotechnology, healthcare, financial services, and semiconductors. The firm aimed to partner with entrepreneurs to build successful technology companies, leveraging the resources of its global financial services parent.

SunAmerica Ventures' portfolio included investments in companies like Link_A_Media Devices, Verimatrix, and Crownpeak Technology. The firm had a history of co-investing with other venture funds, such as Keynote Ventures and Lightspeed Venture Partners. Its investment activities show a focus on Series B and C rounds for U.S.-based startups. Over its operational history, the firm achieved 14 exits from its investments, with the last recorded exit being Verimatrix in July 2019. The firm's most recent known investment occurred in August 2011.

Keywords: private equity, venture capital, AIG Retirement Services, early stage investing, mid stage investing, late stage investing, expansion stage, buyout investments, communications infrastructure, enterprise software, investment firm, Los Angeles, portfolio management, capital investment, technology startups, healthcare ventures, financial services investment, semiconductor startups, Crownpeak, Verimatrix, Link_A_Media Devices