Accel Transmatic

QBE North America announces finalists for main track of the QBE AcceliCITY Resilience Challenge, as well as winners of the property tech track

Retrieved on: 
Wednesday, September 27, 2023

NEW YORK, Sept. 27, 2023 /PRNewswire/ -- QBE and Leading Cities have announced the 10 finalists for the 2023 QBE AcceliCITY Resilience Challenge main track, as well as the four finalists for the property tech track. In this year's competition, a record-breaking 650 entrepreneurs from 80 countries submitted solutions for driving equity, resilience and sustainability in cities.

Key Points: 
  • NEW YORK, Sept. 27, 2023 /PRNewswire/ -- QBE and Leading Cities have announced the 10 finalists for the 2023 QBE AcceliCITY Resilience Challenge main track, as well as the four finalists for the property tech track.
  • In this year's competition, a record-breaking 650 entrepreneurs from 80 countries submitted solutions for driving equity, resilience and sustainability in cities.
  • itselectric : An urban curbside EV charging network that connects to existing buildings and shares revenue with the host property.
  • In the proptech track, four finalists - Climasens , Flash , Intelligent AI , and UrbanSky – pitched to a judging panel made up of QBE's property leaders in North America and International, as well as QBE Ventures.

QBE North America and Leading Cities Select the 2022 QBE AcceliCITY Resilience Challenge Winner

Retrieved on: 
Thursday, November 3, 2022

NEW YORK, Nov. 3, 2022 /PRNewswire/ --  The 2022 QBE AcceliCITY Resilience Challenge, hosted by Leading Cities in partnership with QBE North America, concluded today with the City Solution of the Year award and grand prize winnings of $100,000 presented to Automedi. Automedi is the world's first decentralized circular microeconomy converting plastic waste into community products at the actual point of use. By capturing waste when it is discarded and turning it into functional products, Automedi is committed to shaping new standards of care through health science innovation and paving the way to a more sustainable future.

Key Points: 
  • NEW YORK, Nov. 3, 2022 /PRNewswire/ --The 2022 QBE AcceliCITY Resilience Challenge ,hosted by Leading Cities in partnership with QBE North America , concluded today with the City Solution of the Year award and grand prize winnings of $100,000 presented to Automedi .
  • The $100,000 award was presented following a one-week intensive boot camp and panel evaluation from representatives of the QBE North America Board, Code for America, QBE Ventures and the National League of Cities.
  • "Thank you to QBE North America for its inspiring leadership and focus on resilience and for once again supporting this challenge.
  • Part of QBE Insurance Group Limited, QBE North America reported gross written premiums in 2021 of $6.29 billion.

Accel-KKR Completes Majority Interest Sale of TrueCommerce

Retrieved on: 
Thursday, December 3, 2020

Accel-KKR has maintained a minority interest in TrueCommerce post-closing.

Key Points: 
  • Accel-KKR has maintained a minority interest in TrueCommerce post-closing.
  • Accel-KKR's investment in TrueCommerce extends to October 2012 when the firm made an initial investment to acquire a majority interest in Accellos from its prior investor group.
  • Accel-KKR continued to build the TrueCommerce division through organic and inorganic growth, including four additional acquisitions between 2017 and 2020.
  • "TrueCommerce is an excellent case study of Accel-KKR's core strategic focus," said Tom Barnds, Co-Managing Partner of Accel-KKR.