AVANTA
December 17, 2020
Motorq Closes $7 Million Series A…
Cloud-based platform securely connects vehicles with owners, dealers and developers to unlock the potential of connected cars for safety, convenience and innovation
October 27, 2020
IDEO CoLab Announces $21M Crypto Fund
Backed by IDEO and four corporations, IDEO CoLab Ventures has invested in and helped incubate over 30 blockchain startups to date Today, we’re excited to announce our $21M early-stage crypto fund. The fund is backed by IDEO, Avanta Ventures (the venture capital arm of CSAA Insurance Group), GS Group, Hanwha Asset Management, Fineqia, and other institutional investors, as well as executives from IDEO, Coinbase, Twitter, Fortress, and other major tech companies and financial institutions. To date, IDEO CoLab Ventures has invested in and helped incubate over 30 crypto startups by bringing IDEO’s full range of capabilities — in the areas of product, […]
October 21, 2020
LoanSnap Secures Strategic Investment from Avanta…
Insurer’s VC Arm Sees Synergy with the Rapidly Growing Fintech SAN FRANCISCO, Oct. 21, 2020 (GLOBE NEWSWIRE) — LoanSnap, the company that helps consumers own their financial future and creator of the world’s first smart loan technology, announced today it has raised an additional $5 million strategic investment led by Avanta Ventures, the venture capital arm of CSAA Insurance Group, a AAA insurer, rounding out the total Series A extension investment to $15 million. LoanSnap’s mission to improve the finances of every consumer is a vision shared by its new investors. Avanta Ventures’ goal is to invest in disruptive technologies […]
September 16, 2020
GCV Powerlist 2020: Sanjiv Parikh
Sanjiv Parikh is managing partner for Avanta Ventures, the corporate venturing subsidiary of US-based insurer CSAA Insurance, where he oversees venture capital deals, startup incubation and acceleration initiatives, and corporate development with partner Steve Bernardez. Parikh helped CSAA launch the unit in 2017 and defined its areas of focus on insurance and financial technologies, advanced mobility and adjacent fields involving risk management and customer experience. Bernardez was brought on board from an institutional venture capital firm, Onset Ventures, in March 2019 to help Avanta Ventures identify opportunities in verticals including mobility and insurtech, applying artificial intelligence (AI), the internet of […]
October 30, 2019
AVANTA VENTURES RECAPS OUR OCTOBER “LIVE”…
Author: Sanjiv Parikh, Avanta Ventures Managing Partner This morning, Avanta Ventures hosted Autotech Council members for their first “Startup Review Live!” meeting. Welcoming 30 Technology Scouting and Business Development executives from Silicon Valley-based OEMs, Tier 1 vendors, and automotive technology leaders to our offices in Mountain View to hear from 3 young companies innovating in Optics, Passenger Monitoring, and Additive Manufacturing. Members, who would usually have to travel for an event like this were able to join via their laptops and mobile devices thanks to Avanta Venture’s state-of-the-art meeting space. Following each presentation, startups were questioned by myself, Tim Wong from […]
August 28, 2019
CSAA meets Kin in $47m round
CSAA Insurance is among a group of backers that provided $47m to support the launch of a Florida-focused home insurance carrier, the first of Kin’s subsidiaries to underwrite its own policies.
