Nice to meet you! We’re Avanta Ventures.

Empowering startups to bring fresh ideas forward

Sanjiv Parikh
Avanta Ventures
2 min readJun 27, 2019

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Allow us to introduce ourselves. We’re Avanta Ventures. We’re committed to transforming how people manage their risks and providing new solutions to life’s uncertainties. As the venture capital arm of CSAA Insurance Group, we invest deep industry expertise, resources, and financial support to create products and services that offer extraordinary value to the AAA Members of today — and those of tomorrow.

We’re fostering an ecosystem.

Avanta Ventures is taking a broad look across the insurance landscape to identify disruptive technologies and a new breed of services to optimize and expand the value CSAA Insurance Group offers.

As part of a comprehensive approach to investing, we are nurturing internal and external startups. We strive to build connections for potential co-development opportunities, and drive conversations with the community through our events and partnerships, to foster an ecosystem of best-in-class startups and venture partner relationships.

Our team is top-notch.

In addition to disrupting insurtech, our team members enjoy doing everything from learning new languages to exploring the great outdoors. We have sports fans, horseback riders, animal lovers, sailors, and avid travelers.

Get to know our entire team here.

We’re transforming insurance and beyond.

Our goal is to identify disruptive technologies and a new breed of services to optimize and expand the value we offer to AAA Members today — and those of tomorrow. To accomplish this, we’re taking a broad look across the insurance landscape, focusing on these four focus areas:

1. Insurtech

Championing omnichannel, on-demand, customer-centric insurance experiences

2. Mobility

Leveraging data and the sharing economy to drive mobility-as-a-service

3. Distributed Ledger Technology

Improving efficiency, security, and auditability through the use of distributed ledger technology

4. Customer Re-imagined

Creating enriched customer experiences through innovative trust-centric products and services

We have innovative portfolio partners.

We’re constantly investing in fresh ideas and new experiences. We have a collection of startups and venture partners representing our four focus areas. Stay tuned to learn more! In the future, we’ll be featuring each of our portfolio partners so you can get to know them too.

So now that we’re acquainted, tell us a little bit about you. What industry do you work in? Tell us in the comments. 👇

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