Studios

Accelerating the next generation of innovation within the Insurtech, Mobility, and Risk-adjacent sectors.

Focused resource for innovation

Avanta Studios’ program provides funding and a B2B engagement-focused curriculum geared to meet participants where they are and provide guided support to accelerate product market fit. During the program, participants will engage with curated subject matter experts, both internal from within CSAA Insurance Group and external from their relevant industry.

By joining Avanta Studios, startups gain funding, hands-on validation, valuable insights, connections with subject matter experts and investors, proven frameworks, and a community of founders, mentors and champions who can help turbocharge their growth.

Your stage

  • Have a full-time core founding team in place
  • Have an alpha stage product ready for customer demos and feedback
  • Have raised less than $2M in venture financing

Who Should Apply

If you’re innovating in any of the below sectors, you should apply.

Insurtech

Leveraging disruptive technologies to create customer-centric insurance solutions

Key Areas:

Alternative Distribution

AgentTech/BrokerTech

Big Data & Applied AI

Straight Through Underwriting

New Insurance Products

Claims Enhancement & Automation

Embedded Insurance

Mobility

Key Areas:

Vehicle Data Platforms

Logistics and Fleet Management

Supply Chain Technologies

New Ownership and Purchasing Models

Autonomy and Electrification Solutions

Smart City Systems and Applications

Risk-Adjacencies

Key Areas:

Fintech

Applied AI and AI Solutions

Cybersecurity

IoT - Connected Home

PropTech

Insurtech

Leveraging disruptive technologies to create customer-centric insurance solutions

Mobility

Risk-Adjacencies

What We Offer

Funding

Up to $275K

Problem space exploration

Map ecosystem relevant to your customer and scope potential opportunities

Opportunity validation

Leverage product market fit frameworks, in-depth working sessions and subject matter experts to validate market opportunity and iterate based on feedback

Engagement Hypothesis creation

As an output of the program, you will be working on a report we refer to as Engagement Hypothesis. Where you will document your refined value proposition, define testing criteria with a potential customer, and incorporate selected learnings in your investor showcase presentation

Investor Showcase

Each Avanta Studios company participates in one of two bi-annual Showcases, where you will present your company to VC investors and CSAA executives

Exploration

Selected startups will move on to have the opportunity to work with subject matter experts from CSAA to further test the Engagement Hypothesis and qualify for the full $275K Avanta Studios investment

How It Works

Application

We want to partner with early stage startups in the Insurtech, Mobility, and Risk-Adjacent sectors. Your startup should be US-based and will ideally be at the pre-seed stage of funding. We are looking for founders who are working full time on their startup. Avanta Studios is a rolling admissions program, so you can apply at any time!

Studios Programming

A core component of the Avanta Studios program is to set you up with strategic milestones that are geared to support your growth, keep you accountable, and help you stay focused. You will get exclusive access to our mentor network through programming such as 1:1 Expert Office Hours, Studios Standups with other Studios teams, Studios Seminars with experts and mentors, as well as community-based social events.

End of Program

Each team may stay in the program for a period of 3-12 months, based on your goals and milestones accomplished throughout the program. Our goal is to get each team to their seed round of funding, at which point we graduate you to Avanta Studios Alumni status. As an alumnus of the program, you remain part of our community and receive continued 1:1 support as needed. We are here to build partnerships with you for the long run!

Studios Mentors

Studios Companies

Fridgio

Fridgio is a SaaS marketplace connecting shippers to refrigerated logistics on-demand

Focus Area:

Adjacencies
Gigaforce

Gigaforce is a patent-pending SaaS-based platform designed to expedite complex Subrogation and Recovery claims processing in the insurance industry.

Focus Area:

Insurtech
MotorDNA

MotorDNA’s analytics-ready platform includes the most comprehensive repository of original vehicle build specifications along with a Vehicle IQ ® Score as a measure of the relative intelligence built into each unit.

Focus Area:

Mobility
Otonomi

Otonomi is a blockchain-enabled parametric MGA platform that transforms cargo insurance policies into fast, cost-effective, and transparent digital products

Focus Area:

Insurtech
Staax

Staax is a social investment payments platform, which makes building wealth via investing in shares of stock as easy as receiving payment

Focus Area:

Adjacencies

Studios Alumni

Are you a startup with an innovative product in Insurtech, Mobility or Insurance-Adjacent markets? We want to help you grow.

Questions? Email [email protected]