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
Reinventing personal and commercial mobility through new data, connectivity, and platform technologies
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
Adjacent sectors that share key attributes of insurance and risk management
Key Areas:
Fintech
Applied AI and AI Solutions
Cybersecurity
IoT - Connected Home
PropTech
Insurtech
Leveraging disruptive technologies to create customer-centric insurance solutions
Mobility
Reinventing personal and commercial mobility through new data, connectivity, and platform technologies
Risk-Adjacencies
Adjacent sectors that share key attributes of insurance and risk management
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
Studios Mentors
Studios Companies
Fridgio is a SaaS marketplace connecting shippers to refrigerated logistics on-demand
Focus Area:
Gigaforce is a patent-pending SaaS-based platform designed to expedite complex Subrogation and Recovery claims processing in the insurance industry.
Focus Area:
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:
Otonomi is a blockchain-enabled parametric MGA platform that transforms cargo insurance policies into fast, cost-effective, and transparent digital products
Focus Area:
Staax is a social investment payments platform, which makes building wealth via investing in shares of stock as easy as receiving payment
Focus Area:
Studios Alumni
