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10 Startups Selected for MetLife Digital Accelerator Powered by Techstars

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MetLife, Inc. (NYSE:MET) today announced its inaugural class of 10
companies selected to participate in the MetLife Digital Accelerator
powered by Techstars. Based at MetLife's Global Technology Campus in
Cary, North Carolina, the Accelerator connects startups with MetLife
leaders and Techstars mentors for an intensive 13-week program focused
on fast-tracking technologies with the potential to disrupt the industry.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180724005143/en/

MetLife's inaugural class of 10 companies selected to participate in the MetLife Digital Accelerator ...

MetLife's inaugural class of 10 companies selected to participate in the MetLife Digital Accelerator powered by Techstars. Based at MetLife's Global Technology Campus in Cary, North Carolina, the Accelerator connects startups with MetLife leaders and Techstars mentors for an intensive 13-week program focused on fast-tracking technologies with the potential to disrupt the industry. (Photo: Business Wire)

"Digital is driving fundamental changes to the insurance landscape, and
the startups selected for our first Accelerator are developing
capabilities that will reshape the industry," said Marty Lippert,
executive vice president and head of MetLife Global Technology &
Operations and MetLife Holdings. "The Accelerator provides MetLife an
opportunity to influence the direction of these early-stage companies
and gain first-mover advantage with those that are strategically
important to our organization and our customers."

"Techstars is the worldwide network that helps entrepreneurs succeed,
and our partnership with MetLife – an insurance powerhouse – advances
our ability to do exactly that," said David Brown, founder and co-CEO of
Techstars. "These startups have access to, and will be mentored by,
MetLife's seasoned leaders who understand the industry and will provide
experienced guidance. Additionally, Techstars will have about 100
mentors from around the world join to offer their expertise."

At the conclusion of the 13-week program on Oct. 18, 2018, startups will
present their ideas to MetLife and other potential investors during Demo
Day.

The 10 startups and their capabilities are listed below:

  • Aligned
    Business
    (Singapore): An end-to-end digital platform that enables
    carriers to rapidly create, define, underwrite and distribute any
    category of insurance product to any market.
  • AnswersNOW
    (Richmond, Virginia): Digital platform that supports parents of
    children on the autism spectrum by pairing them with their certified
    experts and providing clinical interventions.
  • Buddy
    (Richmond, Virginia): On-demand accident insurance for an active,
    outdoor lifestyle.
  • Enroll
    Hero
    (Santa Monica, California): Personalized recommendation tool
    that helps seniors pick the right Medicare plans in minutes.
  • FitBliss
    (San Jose, California): Digital wellbeing platform to optimize health
    and productivity for the global workforce.
  • FIX:
    Fitness Interactive Experience
    (Atlanta, Georgia): Health
    entertainment via a blend of gameplay and health behavior change.
  • Halos
    Insurance
    (Washington, D.C.): Consumer insurance platform
    exclusively for low-risk consumers.
  • MamaMend
    (Boulder, Colorado): Digital health platform and postpartum guide that
    informs, empowers and improves health outcomes for new moms.
  • Portabl
    (London, United Kingdom): A comprehensive subscription service that
    protects freelancers and gig workers with personalized insurance and
    savings products and other benefits.
  • Safely
    (Atlanta, Georgia): For property managers and homeowners, insures
    Airbnb and HomeAway rentals by leveraging data analytics and a
    contributory database to verify guests while providing up to $1
    million in liability and property coverage.

The MetLife Digital Accelerator powered by Techstars is a part of
MetLife's broader innovation ecosystem that is transforming the customer
experience. The ecosystem also includes relationships with 17 venture
capital firms, strategic partnerships with leading technology companies,
and collaborations with universities such as Carnegie Mellon, the
University of North Carolina at Chapel Hill and more recently the MIT
Media Lab. MetLife has also established a $100 million fund through its
subsidiary, MetLife Digital Ventures, to accelerate investment in
strategically aligned startup companies.

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

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