Avanta Ventures

Avanta Ventures is a venture capital that provides time, resources, and industry expertise for insurtech sector.

ActiveAcceleratorVenture Capital

Website LinkedIn X

Updated: Feb 17, 2026 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Sep 1, 2025	Kin Insurance	$50.0M Series E	—	Alex, Better Tomorrow Ventures, Bora&Sons, Commerce Ventures, Flourish Ventures, Geodesic Capital, Hercules Capital, Infinite Niches, JLL Spark, Ligature, Lobby Capital, Picus Capital, QED Investors, Runway Growth Capital, Sandalphon Capital, Vouch Insurance, Chad Nitschke, Francisco Larrain, John M. Mueller, Jonathan Gheller, Sahin Boydas, Sung ho Choi
Aug 1, 2024	H2	$2.0M Seed	—	Lakestar, Madrona Ventures, MetaProp Ventures, Silicon Valley Data Capital, Gautam Gupta
Aug 1, 2024	Companion Protect	$20.0M Series A	—	Alex, Better Tomorrow Ventures, Bora&Sons, Commerce Ventures, Flourish Ventures, Geodesic Capital, Hercules Capital, Infinite Niches, JLL Spark, Ligature, Lobby Capital, Picus Capital, QED Investors, Runway Growth Capital, Sandalphon Capital, Vouch Insurance, Chad Nitschke, Francisco Larrain, John M. Mueller, Jonathan Gheller, Sahin Boydas, Sung ho Choi
Sep 1, 2023	Kin Insurance	$33.0M Series D	—	Alex, Better Tomorrow Ventures, Bora&Sons, Commerce Ventures, Flourish Ventures, Geodesic Capital, Hercules Capital, Infinite Niches, JLL Spark, Ligature, Lobby Capital, Picus Capital, QED Investors, Runway Growth Capital, Sandalphon Capital, Vouch Insurance, Chad Nitschke, Francisco Larrain, John M. Mueller, Jonathan Gheller, Sahin Boydas, Sung ho Choi
Aug 1, 2023	Companion Protect	$27.0M Series A	—	Alex, Better Tomorrow Ventures, Bora&Sons, Commerce Ventures, Flourish Ventures, Geodesic Capital, Hercules Capital, Infinite Niches, JLL Spark, Ligature, Lobby Capital, Picus Capital, QED Investors, Runway Growth Capital, Sandalphon Capital, Vouch Insurance, Chad Nitschke, Francisco Larrain, John M. Mueller, Jonathan Gheller, Sahin Boydas, Sung ho Choi
Apr 1, 2023	Persist AI	$4.0M Seed	—	2048 Ventures, American Family Ventures, Iaso Ventures, Indicator Ventures, Innospark Ventures, Motivate Ventures, Pioneer Fund, Stage Venture Partners, Trajectory Ventures, Wedbush Ventures
Mar 1, 2023	Kin Insurance	$15.0M Series D	—	Alex, Better Tomorrow Ventures, Bora&Sons, Commerce Ventures, Flourish Ventures, Geodesic Capital, Hercules Capital, Infinite Niches, JLL Spark, Ligature, Lobby Capital, Picus Capital, QED Investors, Runway Growth Capital, Sandalphon Capital, Vouch Insurance, Chad Nitschke, Francisco Larrain, John M. Mueller, Jonathan Gheller, Sahin Boydas, Sung ho Choi
Jan 1, 2023	Doorstead	$22.0M Series B	—	14Peaks Capital, 2150, Bling Capital, byFounders, Casa Verde Capital, Expa, Iterative, Lakestar, Locus Ventures, Madrona Ventures, MetaProp Ventures, QED Investors, Silicon Valley Data Capital, Ameet Ranadive, Balaji Srinivasan, Bobby Goodlatte, Chris Larsen, Dylan Field, Gautam Gupta, Yishan Wong
Jan 1, 2023	TrueBiz	$2.0M Seed	—	Alex, Better Tomorrow Ventures, Bora&Sons, Commerce Ventures, Flourish Ventures, Geodesic Capital, Hercules Capital, Infinite Niches, JLL Spark, Ligature, Lobby Capital, Picus Capital, QED Investors, Runway Growth Capital, Sandalphon Capital, Vouch Insurance, Chad Nitschke, Clark Landry, Francisco Larrain, John M. Mueller, Jonathan Gheller, Sahin Boydas, Sung ho Choi
Dec 1, 2022	Complif	$3.0M Seed	—	Alex, Better Tomorrow Ventures, Bora&Sons, Commerce Ventures, Flourish Ventures, Geodesic Capital, Hercules Capital, Infinite Niches, JLL Spark, Latin Leap, Ligature, Lobby Capital, Magma Partners, Picus Capital, QED Investors, Runway Growth Capital, Sandalphon Capital, Vouch Insurance, Alexander Torrenegra, Arash Ferdowsi, Chad Nitschke, Francisco Larrain, John M. Mueller, Jonathan Gheller, Sahin Boydas, Sung ho Choi, Tom Blomfield
Nov 1, 2022	Better Trucks	$15.0M Series A	—	Alex, Better Tomorrow Ventures, Bora&Sons, Commerce Ventures, Flourish Ventures, Geodesic Capital, Hercules Capital, Infinite Niches, JLL Spark, Ligature, Lobby Capital, Picus Capital, QED Investors, Runway Growth Capital, Sandalphon Capital, Vouch Insurance, Chad Nitschke, Francisco Larrain, John M. Mueller, Jonathan Gheller, Sahin Boydas, Sung ho Choi
Jun 1, 2022	Airspace Link	$23.0M Series B	—	01 Advisors, 2048 Ventures, Andreessen Horowitz, Bowery Capital, BoxGroup, Founder Collective, Greylock, Hannah Grey, Indicator Ventures, Next47, Trajectory Ventures, Y Combinator, Gokul Rajaram, Greg Brockman, Henry Kravis
May 1, 2022	Nowports	$150.0M Series C	—	Accel, Andreessen Horowitz, Adeyemi Ajao, Better Tomorrow Ventures, Broadhaven Capital Partners, DGF Investimentos, Divergent Capital, DST Global, Jenny Fielding, Scott Hartley, Far Out Ventures, Ganas Ventures, General Catalyst, Goodwater Capital, Greenlight Re, Iluminar Ventures, Latitud, Lead Edge Capital, LGF, Matterscale Ventures, monashees, Mouro Capital, Mucker Capital, Next47, NFX, Picus Capital, Redpoint eventures, Sapphire Ventures, Sarona Ventures, Softbank Latin America Fund, Soma Capital, Tekton Ventures, Urbanist Ventures, Xochi Ventures, Y Combinator, Claire Diaz-Ortiz, David Vélez, Dileep Thazhmon, Harry Hurst, Immad Akhund, Justin Mateen, Karim Atiyeh, Loreanne Garcia, Matias Woloski, Mike Krieger, Parker Treacy, Ricardo Weder, Roger Laughlin Carvallo, Sean Behr, Sergio Fogel, Sergio Furio, Simon Borrero, Stelleo Tolda
Feb 1, 2022	Kin Insurance	$82.0M Series D	—	Alex, Bain Capital Ventures, Bennu, Better Tomorrow Ventures, Bora&Sons, Commerce Ventures, Company Capital, Cyphr VC, Flourish Ventures, Geodesic Capital, Hercules Capital, Hyde Park Venture Partners, Infinite Niches, JLL Spark, Ligature, Lobby Capital, Monroe Capital, Mucker Capital, Picus Capital, QED Investors, Qualcomm Ventures, Runway Growth Capital, Sandalphon Capital, Vayner RSE, Vouch Insurance, Baron Davis, Chad Nitschke, Francisco Larrain, Haroon Mokhtarzada, Jason Gardner, Jason Robins, John M. Mueller, Jonathan Gheller, Omar Soliman, Peter Kight, Sahin Boydas, Sébastien Deguy, Sung ho Choi, Tamim Mourad, Will Kassoy, Yahya Mokhtarzada
Dec 1, 2021	Nowports	$60.0M Series B	—	Adeyemi Ajao, Broadhaven Capital Partners, DST Global, Goodwater Capital, Greenlight Re, monashees, Mouro Capital, Mucker Capital, Sarona Ventures, Softbank Latin America Fund, Tekton Ventures, Tiger Global Management, Xochi Ventures, Y Combinator, Yellow Ventures, Ariel Lambrecht, Guilherme Bonifacio, Justin Mateen, Ricardo Weder, Roger Laughlin Carvallo, Sean Behr
Aug 1, 2021	Blueprint Title	$16.0M Series B	—	Amara VC, Blumberg Capital, Company Capital, Modern Venture Partners, Mohr Davidow Ventures, Mouro Capital, MS&AD Ventures, Plug & Play Ventures, TCV
Jun 1, 2021	Nowports	$16.0M Series A	—	Broadhaven Capital Partners, DGF Investimentos, DST Global, General Catalyst, Goodwater Capital, Greenlight Re, Latitud, Lead Edge Capital, monashees, Mouro Capital, Mucker Capital, Next47, Sapphire Ventures, Soma Capital, Tekton Ventures, Tiger Global Management, Y Combinator, Yellow Ventures, Ariel Lambrecht, Guilherme Bonifacio, Immad Akhund, Parker Treacy
May 1, 2021	Striga	$3.0M Seed	—	2048 Ventures, Indicator Ventures, Trajectory Ventures
May 1, 2021	Overhaul	$35.0M Series B	—	Lakestar, Madrona Ventures, MetaProp Ventures, Silicon Valley Data Capital, Gautam Gupta
May 1, 2021	Pipe	$250.0M Venture Round	—	01 Ventures, 2xN, 8090 Industries, 8-Bit Capital, Alt Capital, Antler, ARCH Venture Partners, At One Ventures, Autopilot Fund, AXA Strategic Ventures, Bessemer Venture Partners, Blockchain Founders Fund, BoxGroup, BoxOne Ventures, Broom Ventures, Castle Island Ventures, Champion Hill Labs, Comal Ventures, Convective Capital, Creandum, DBL Partners, Energize Ventures, Floodgate, Fuel Capital, Harrison Metal, Mathias Schilling, Immeasurable, Insight Partners, Jude Gomila Rolling Fund, Lakehouse Ventures, Lakestar, Ligature, Ludlow Ventures, MaC Venture Capital, Madrona Ventures, Matrix, MetaProp Ventures, Next47, NFX, Otherwise Fund, OurCrowd, Plug & Play Ventures, REMUS Capital, Scale Venture Partners, Sherpalo Ventures, Shrug Capital, Silicon Valley Data Capital, Sound Ventures, Telstra Ventures, Viola Ventures, Wave Financial, WestRiver Group, Wild Ventures, Andy Cohen, Zetta Venture Partners, Alexander Ljung, Alexandre Scialom, Ben Silbermann, Ben Tossell, Brandon Goldman, Elia Montanari, Eric Quidenus-Wahlforss, Eric Ries, Francis Pedraza, Gautam Gupta, Griffin Johnson, Haroon Mokhtarzada, Jason Lemkin, Jeffrey Wilke, Jeff Seibert, Jonathan Swanson, Leah Busque, Matt Macinnis, Moshe Lifschitz, Ron Pragides, Sahin Boydas, Scott Belsky, Thomas Tull, Wayne Chang, Yair Tauman
Apr 1, 2021	Doorstead	$13.0M Series A	—	Flare Capital Partners, Lakestar, Madrona Ventures, MetaProp Ventures, Mohamad Makhzoumi, Silicon Valley Data Capital, Gautam Gupta
Nov 1, 2020	Motorq	$7.0M Series A	—	—
Oct 1, 2020	Atmos	$4.0M Seed	—	20VC, A* Capital (A Star Capital), Alex, Angel investor, Jana Messerschmidt, Animal Capital, Atomico, Bedrock Capital, Better Tomorrow Ventures, Blackbird Ventures Australia, Bora&Sons, Broadway Angels, Browder Capital, Canary Ventures, Commerce Ventures, Daffy, Daybreak Partners, Felicis Ventures, FirstMark Capital, Flourish Ventures, Flybridge Capital Partners, Future Shape, Geodesic Capital, GSV Acceleration, Hack VC, Hercules Capital, Human Capital, Infinite Niches, jLabs, JLL Spark, Kleiner Perkins, Ligature, Lobby Capital, Menlo Ventures, NextView Ventures, NFX, Norwest Venture Partners, Pear VC, Picus Capital, Plug & Play Ventures, Precursor Ventures, QED Investors, Redpoint Ventures, REMUS Capital, Runway Growth Capital, Sandalphon Capital, Sequoia Capital, Silicon Valley Connect, SoftBank Investment Advisers, Soma Capital, Stellation Capital, Streamlined Ventures, Stride VC, Theory Ventures, TQ Ventures, Unconventional Ventures, Underscore VC, Vera Equity, Visionaire Ventures, Vouch Insurance, Wollef Ventures, WorkLife Ventures, Biz Stone, Bryce Hall, Chad Nitschke, Chafic Kazoun, Colin Carrier, Eliot Crowther, Francisco Larrain, Griffin Johnson, Ido Leffler, John M. Mueller, Jonathan Gheller, Julia Hartz, Julie Zhuo, Karim Atiyeh, Kevin Lin, Loic Le Meur, Manish Patel, Mike Krieger, Phil Libin, Ron Pragides, Sahin Boydas, Sam Shank, Shervin Pishevar, Sri Batchu, Steven Sarowitz, Sung ho Choi, Zander Lurie
Aug 1, 2020	Kin Insurance	$35.0M Series B	—	9Yards Capital, AngelList, Bain Capital Ventures, Bennu, Better Tomorrow Ventures, Commerce Ventures, Company Capital, Cyphr VC, Flourish Ventures, Hyde Park Venture Partners, Kleiner Perkins, Lobby Capital, Monroe Capital, Mucker Capital, Qualcomm Ventures, Red Swan Ventures, Ribbit Capital, Vayner RSE, Baron Davis, Haroon Mokhtarzada, Jason Gardner, Jason Robins, Omar Soliman, Peter Kight, Sébastien Deguy, Tamim Mourad, Will Kassoy, Yahya Mokhtarzada
Jun 1, 2020	Atmos	$2.0M Seed	—	01 Advisors, 10100, 20VC, 8VC, Accel, Afore Capital, Alex, Alumni Ventures, Audacious Ventures, Awesome People Ventures, Backend Capital, Basecamp Fund, Better Tomorrow Ventures, Bora&Sons, Brewer Lane Ventures, C2 Investment, Chemistry VC, Coatue, Collaborative Seed & Growth Partners, Commerce Ventures, Convective Capital, Daffy, DNX Ventures, Drummond Road Capital, eFounders, Electric Capital, Felicis Ventures, FirstMark Capital, First Round Capital, Flourish Ventures, Flucas Ventures, Footwork, Founders Fund, Geodesic Capital, Goat Capital, Gradient Ventures, Christian Leybold, Hercules Capital, Highbury Group, Index Ventures, Infinite Niches, Intuition Capital, JLL Spark, Kima Ventures, L Catterton Growth, LGF, Ligature, Lobby Capital, LombardStreet Ventures, Matrix, Menlo Ventures, Moxxie Ventures, Ed Mathers, New Stack Ventures, NextView Ventures, NFX, Otherwise Fund, Pear VC, Picus Capital, Prototype Capital, QED Investors, Ravelin Capital, Redpoint Ventures, Runway Growth Capital, Sandalphon Capital, Scribble Ventures, Script Capital, Serena Ventures, Sherpalo Ventures, Shine Capital, Shrug Capital, SignalFire, Sound Ventures, South Park Commons, Stellation Capital, SV Angel, The Hit Forge, Third Kind Ventures, Tusk Venture Partners, Underscore VC, Vibe Capital, Vouch Insurance, Weekend Fund, WorkLife Ventures, Y Combinator, Adam D'Angelo, Alper Kiresepi, Anna Patterson, Chad Nitschke, Christian Reber, Drew Houston, Dylan Field, Elad Gil, Emmett Shear, Eric Wu, Francisco Larrain, Greg Brockman, Howard Charney, Ian Hogarth, James Beshara, J.D. Fagan, Jesse Leimgruber, Joe Greenstein, John M. Mueller, Jonathan Gheller, Julie Zhuo, Kevin Weil, Kyle Vogt, Marissa Mayer, Matt Gibstein, Matt Macinnis, Mike Krieger, Mike Vernal, Moshe Lifschitz, Paul Yacoubian, Peter Hunn, Rudra Peram, Sahin Boydas, Sam Altman, Scott Belsky, Steve Schlafman, Sung ho Choi, Thibaud Elziere, Tikhon Bernstam, Trevor Blackwell, Tyler Willis, Yagiz Sozmen, Zach Segal

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Avanta Ventures.

Leadership Team

Key people at Avanta Ventures.

Deep Dive

High-Level Overview

Avanta Ventures is the corporate venture capital arm of CSAA Insurance Group, focused on investing in early-stage U.S.-based startups primarily within the Insurtech, Mobility, and risk-adjacent sectors. Their mission is to reimagine the future of insurance by identifying and supporting disruptive technologies and services that can transform the insurance landscape. Avanta Ventures provides portfolio companies not only with financial investment but also deep insurance expertise, industry-specific resources, and opportunities for commercial engagement, fostering an ecosystem of innovative startups and strategic partnerships[1][2][3].

Origin Story

Founded in 2017 as part of CSAA Insurance Group, Avanta Ventures was created to drive future growth for its parent company by engaging with groundbreaking startups in insurance and related fields. The firm evolved to focus on early-stage investments (Seed to Series B) in U.S.-based companies that offer innovative solutions in insurance, mobility, and adjacent risk sectors. Over time, Avanta Ventures expanded its capital under management to approximately $300 million, including a second fund launched in 2022 sized at $225 million. Key partners included managing partner Sanjiv Parikh, who remained to manage the portfolio even as the firm began winding down new investments in 2025[1][6].

Core Differentiators

Unique Investment Model: As a corporate venture capital arm, Avanta Ventures combines financial investment with strategic access to CSAA’s insurance expertise and commercial channels.
Network Strength: Deep connections within the insurance industry enable portfolio companies to pilot and scale solutions with established insurers.
Track Record: Nearly 20 active portfolio companies with notable exits, such as the acquisition of connected car platform Automatic by SiriusXM in 2017.
Operating Support: Provides insurance-specific resources and guidance beyond capital, helping startups navigate regulatory and market complexities unique to insurance[1][4][6].

Role in the Broader Tech Landscape

Avanta Ventures rides the wave of digital transformation in insurance, a sector historically slow to innovate but now rapidly adopting technology to improve risk management, customer experience, and operational efficiency. The timing is critical as emerging technologies like AI, telematics, and data analytics reshape insurance products and services. Market forces such as increasing vehicle value volatility, cybersecurity risks, and the rise of mobility platforms create fertile ground for innovation. Avanta Ventures influences the ecosystem by bridging traditional insurance with cutting-edge startups, accelerating adoption of new models and technologies[2][4].

Quick Take & Future Outlook

As of 2025, Avanta Ventures is winding down new investments and shifting CSAA’s innovation strategy toward venture building and other forms of innovation. However, it will continue managing its existing portfolio, which includes promising companies in insurtech and mobility. Future trends shaping their journey include the growing impact of generative AI on insurance fraud detection, the need for dynamic vehicle valuation tools, and expanding opportunities in AgeTech and cyber insurance. While Avanta Ventures’ direct investment role is concluding, its influence persists through the startups it helped scale and the strategic insights it contributed to the insurance innovation landscape[2][6].

In summary, Avanta Ventures has played a pivotal role in catalyzing innovation in insurance by leveraging corporate resources to back bold startups, and its legacy will continue through the technologies and companies it supported.

Sources

High-Level Overview

Origin Story

Core Differentiators

Unique Investment Model: As a corporate venture capital arm, Avanta Ventures combines financial investment with strategic access to CSAA’s insurance expertise and commercial channels.
Network Strength: Deep connections within the insurance industry enable portfolio companies to pilot and scale solutions with established insurers.
Track Record: Nearly 20 active portfolio companies with notable exits, such as the acquisition of connected car platform Automatic by SiriusXM in 2017.
Operating Support: Provides insurance-specific resources and guidance beyond capital, helping startups navigate regulatory and market complexities unique to insurance[1][4][6].