Avanta Ventures

Avanta Ventures, LLC is a corporate venture capital firm established in 2017 and based in Mountain View, California. As a division of California State Auto Group, it focuses on investing in startups within the insurance technology sector and adjacent markets, including mobility, customer experience, connected home, artificial intelligence, analytics, and blockchain. Avanta Ventures aims to provide not only financial support but also industry expertise and resources to help startups accelerate their growth and achieve product-market fit. The firm offers a structured program, Avanta Studios, which includes funding and a curriculum tailored to enhance B2B engagement and practical learning through interaction with both internal and external experts.

Neda Blocho

Principal Investor and Head of the Studios Program

Chris Campana

Associate

Esther Eller

Principal, Head of Avanta Studios

David Li

Senior Principal

Deepak Mishra

Senior Associate

Sanjiv Parikh

Managing Partner

Pooja Shah

Senior Associate

Pooja Shah

Senior Associate

28 past transactions

Companion Protect

Series A in 2024
Companion Protect, LLC is a pet insurance and wellness service administrator based in Topeka, Kansas, established in 2015. The company specializes in providing comprehensive health care coverage for pets, addressing a wide range of injuries and illnesses, such as cancer treatments, respiratory issues, arthritis care, surgeries, and various accidents. Companion Protect's coverage also includes wellness exams, emergency care, and necessary prescriptions. Operating within the business-to-business-to-consumer (B2B2C) model, it partners with notable brands in the property and casualty insurance, employee benefits, retail, and animal welfare sectors. The company utilizes its advanced PALS technology platform to deliver a streamlined and user-friendly experience for insurers and policyholders, ensuring that pet owners have access to essential health products and services to maintain their pets' well-being.

Exponential Markets

Seed Round in 2024
Exponential Markets is a fintech company developing innovative financial instruments for hedging risks across various asset classes. Its debut product, the Exponential Used Vehicle Index (AUTO), enables businesses like rental car companies and auto insurers to hedge against price fluctuations in used vehicles. The company aims to create cash-settled index derivatives for new markets and explore smart market applications, with a vision to build a modern exchange for tomorrow's assets.

Delos Insurance

Seed Round in 2023
Delos is a digital property insurance provider for homeowners in catastrophe areas. Insurance is difficult to find in high risk regions; few insurers write in these areas and the ones that do are expensive and slow. One main cause for this problem is low resolution catastrophe models, which have caused regular insurers to pull out of high risk areas. Our team has extensive experience in data science and aerospace engineering and is creating new, higher-resolution catastrophe models. We use these models to create a new home risk rating system. We will also use our models to innovate on product, actively managing our client's risk and helping them prepare for their likely perils.

Companion Protect

Series A in 2023
Companion Protect, LLC is a pet insurance and wellness service administrator based in Topeka, Kansas, established in 2015. The company specializes in providing comprehensive health care coverage for pets, addressing a wide range of injuries and illnesses, such as cancer treatments, respiratory issues, arthritis care, surgeries, and various accidents. Companion Protect's coverage also includes wellness exams, emergency care, and necessary prescriptions. Operating within the business-to-business-to-consumer (B2B2C) model, it partners with notable brands in the property and casualty insurance, employee benefits, retail, and animal welfare sectors. The company utilizes its advanced PALS technology platform to deliver a streamlined and user-friendly experience for insurers and policyholders, ensuring that pet owners have access to essential health products and services to maintain their pets' well-being.

Exponential Markets

Seed Round in 2023
Exponential Markets is a fintech company developing innovative financial instruments for hedging risks across various asset classes. Its debut product, the Exponential Used Vehicle Index (AUTO), enables businesses like rental car companies and auto insurers to hedge against price fluctuations in used vehicles. The company aims to create cash-settled index derivatives for new markets and explore smart market applications, with a vision to build a modern exchange for tomorrow's assets.

Overhaul

Venture Round in 2023
Overhaul Group, Inc., established in 2015 and headquartered in Austin, Texas, specializes in developing software solutions for the global transportation industry. Its core business involves creating visibility and risk management tools that enable users to monitor and control shipments in real-time. The company's platform integrates multiple data sources, providing a unified view of all active shipments. It offers features such as automated detection of suspicious activities, temperature monitoring, and alert systems for handling requirements, ensuring cargo arrives safely, undamaged, and on time.

Accuknox

Seed Round in 2023
AccuKnox is a developer of a zero-trust runtime security platform designed for cloud-native organizations. The company offers a comprehensive cloud security solution that protects infrastructure and applications throughout the software development lifecycle. Its platform utilizes a differentiated DevSecOps and open-source approach to secure various environments, including public and private clouds, Kubernetes, virtual machines, bare metal, IoT Edge, and 5G security. By isolating and safeguarding all types of container workloads with identity as a perimeter, AccuKnox enables clients to effectively monitor and control tainted data, networking, and system-level restrictions, ensuring robust protection for applications, networks, and sensitive data.

Car IQ

Series B in 2023
Car IQ Inc. is a technology company that develops and operates a cloud-based vehicle management platform and payment gateway, primarily serving auto dealer groups, car sharing clients, and autonomous drivers. Founded in 2016 and based in San Francisco, California, Car IQ's innovative payment solution allows vehicles to initiate payments directly without the need for credit cards. By leveraging telematics and vehicle data, the platform connects vehicles to service and repair providers, streamlining transactions and enhancing security. It provides detailed vehicle insights for fleet management, enabling clients to monitor transactions and reduce the risk of fraud. Additionally, Car IQ consolidates all transactions into a single ledger, simplifying reconciliation and allowing fleets to manage their expenses more effectively.

Joyn Insurance

Series A in 2023
Joyn Insurance operates as a Managing General Agency, focusing on underwriting commercial insurance for small and mid-sized markets in the United States. The company leverages digital technology, data analytics, and automation to enhance the insurance process. Its offerings encompass underwriting for various types of commercial insurance, including general liability, property, and excess coverage. Joyn Insurance serves a diverse range of sectors, such as real estate, wholesale, manufacturing, and retail, providing businesses with tools to effectively manage their risks.

Doorstead

Series B in 2023
Doorstead is a full-service property management company based in San Francisco, California, founded in 2019. It offers comprehensive services including property listings, marketing, tenant screening, lease agreements, move-in/out inspections, rent payment processing, maintenance, evictions, and annual inspections. Doorstead's unique value proposition includes a patent-pending pricing system that analyzes over 11 million rental price points to predict success rates daily. This system supports an upfront rent guarantee, ensuring property owners receive a specified monthly rent within a set timeframe, even if the property remains unoccupied.

Airspace Link

Series B in 2022
Airspace Link, Inc. is a company that specializes in developing software solutions for the management of local government airspace for drones. Founded in 2018 and based in Michigan, the company offers a range of products designed to facilitate safe and efficient drone operations. Its key offerings include AirRegistry, which automates approvals for drone package deliveries; AirInspect, a set of tools for inspecting and approving drone delivery sites; AirHub, which generates necessary infrastructure for drone delivery networks, such as flight corridors and no-fly zones; and AirLink, enabling state and local governments to collaborate with drone delivery services. By digitizing local airspace, Airspace Link supports urban air mobility and promotes the responsible growth of drone operations for businesses, citizens, and government entities.

Kin Insurance

Series D in 2022
Kin Insurance, Inc. is a digital insurance agency that specializes in homeowners insurance and related products. Founded in 2016 and headquartered in Chicago, Illinois, with an additional office in St. Petersburg, Florida, the company aims to enhance the convenience and affordability of insurance by operating directly with consumers, eliminating the need for external agents. Kin Insurance offers a variety of products, including homeowners, mobile home, condo, flood, and landlord insurance, among others. The company leverages extensive property data to ensure precise pricing and improve underwriting outcomes, providing personalized coverage options and efficient claims services through its technology-driven platform.

Motorq

Series B in 2022
Motorq, LLC is a technology company that specializes in developing a cloud-based interoperability software platform for accessing connected vehicle data and analytics. Founded in 2015 and headquartered in the San Francisco Bay Area, Motorq serves a diverse range of enterprises, including fleets, insurance companies, and government organizations. The company’s platform utilizes machine learning to integrate and analyze data from various advanced connected-car systems, facilitating collaboration between original equipment manufacturers (OEMs) and device makers. By providing actionable insights and enabling data normalization and processing, Motorq empowers its clients to enhance operations and expand their service offerings in the evolving mobility landscape.

Delos Insurance

Seed Round in 2021
Delos is a digital property insurance provider for homeowners in catastrophe areas. Insurance is difficult to find in high risk regions; few insurers write in these areas and the ones that do are expensive and slow. One main cause for this problem is low resolution catastrophe models, which have caused regular insurers to pull out of high risk areas. Our team has extensive experience in data science and aerospace engineering and is creating new, higher-resolution catastrophe models. We use these models to create a new home risk rating system. We will also use our models to innovate on product, actively managing our client's risk and helping them prepare for their likely perils.

Blueprint Title

Series B in 2021
Blueprint Title provides a modern approach to title insurance and closing services, focusing on streamlining residential real estate transactions. The company coordinates the various aspects of these transactions while issuing title policies that protect buyers from unforeseen claims on properties. By offering efficient solutions for real estate investors and lenders, Blueprint Title aims to simplify the closing process and enhance the overall experience in real estate dealings.

InShare Services

Seed Round in 2021
InShare Services specializes in providing tailored risk management solutions for the Sharing Economy, particularly focusing on the final mile delivery sector. Founded by industry veterans with extensive experience in insurance and risk management, the company aims to address the unique challenges faced by operators in this space. InShare's platform enhances the claims experience, ensuring that vehicles are quickly returned to service while offering tools for risk management. Additionally, it recognizes and rewards operators with proven safety records, thereby supporting their success in the competitive final mile delivery market.

Car IQ

Series B in 2021
Car IQ Inc. is a technology company that develops and operates a cloud-based vehicle management platform and payment gateway, primarily serving auto dealer groups, car sharing clients, and autonomous drivers. Founded in 2016 and based in San Francisco, California, Car IQ's innovative payment solution allows vehicles to initiate payments directly without the need for credit cards. By leveraging telematics and vehicle data, the platform connects vehicles to service and repair providers, streamlining transactions and enhancing security. It provides detailed vehicle insights for fleet management, enabling clients to monitor transactions and reduce the risk of fraud. Additionally, Car IQ consolidates all transactions into a single ledger, simplifying reconciliation and allowing fleets to manage their expenses more effectively.

Overhaul

Series B in 2021
Overhaul Group, Inc., established in 2015 and headquartered in Austin, Texas, specializes in developing software solutions for the global transportation industry. Its core business involves creating visibility and risk management tools that enable users to monitor and control shipments in real-time. The company's platform integrates multiple data sources, providing a unified view of all active shipments. It offers features such as automated detection of suspicious activities, temperature monitoring, and alert systems for handling requirements, ensuring cargo arrives safely, undamaged, and on time.

LoanSnap

Series B in 2021
LoanSnap, Inc. is a mortgage company that specializes in providing an artificial intelligence-based smart loan platform designed to analyze individual financial situations and deliver tailored loan options. Founded in 2017 and headquartered in San Francisco, California, with an additional location in Costa Mesa, the company offers various products, including home equity lines of credit (HELOC), refinancing options to lower monthly mortgage payments, and VA loans for veterans that facilitate home purchases without down payments or private mortgage insurance. LoanSnap aims to help customers gain a clearer understanding of their finances and identify potential savings. The company operates in several states, including California, Florida, Illinois, Colorado, and Tennessee. LoanSnap, Inc. was previously known as DLJ Financial, Inc. before rebranding in April 2018 and functions as a subsidiary of LoanSnap Holdings, Inc.

Cowbell

Series A in 2021
Cowbell Cyber, Inc. is an innovative provider of cyber insurance specifically designed for small and mid-sized businesses (SMEs). Founded in 2019 and headquartered in Pleasanton, California, with additional offices in Omaha, Nebraska; Atlanta, Georgia; and Plano, Texas, Cowbell delivers standalone cyber coverage that addresses the distinct needs of each organization. Utilizing an artificial intelligence-powered platform, the company quantifies insurable risk and enables continuous risk assessment and underwriting. Cowbell's approach includes a closed-loop risk management solution encompassing risk prevention, mitigation, and incident preparedness services. By leveraging both inside-out and outside-in data alongside advanced machine-learning models, Cowbell's offerings continuously evolve to adapt to current and emerging cyber threats, allowing businesses across various industries, such as healthcare, technology, construction, finance, retail, and agriculture, to manage their risk exposure effectively.

Motorq

Series A in 2020
Motorq, LLC is a technology company that specializes in developing a cloud-based interoperability software platform for accessing connected vehicle data and analytics. Founded in 2015 and headquartered in the San Francisco Bay Area, Motorq serves a diverse range of enterprises, including fleets, insurance companies, and government organizations. The company’s platform utilizes machine learning to integrate and analyze data from various advanced connected-car systems, facilitating collaboration between original equipment manufacturers (OEMs) and device makers. By providing actionable insights and enabling data normalization and processing, Motorq empowers its clients to enhance operations and expand their service offerings in the evolving mobility landscape.

Kin Insurance

Series B in 2020
Kin Insurance, Inc. is a digital insurance agency that specializes in homeowners insurance and related products. Founded in 2016 and headquartered in Chicago, Illinois, with an additional office in St. Petersburg, Florida, the company aims to enhance the convenience and affordability of insurance by operating directly with consumers, eliminating the need for external agents. Kin Insurance offers a variety of products, including homeowners, mobile home, condo, flood, and landlord insurance, among others. The company leverages extensive property data to ensure precise pricing and improve underwriting outcomes, providing personalized coverage options and efficient claims services through its technology-driven platform.

LoanSnap

Series B in 2020
LoanSnap, Inc. is a mortgage company that specializes in providing an artificial intelligence-based smart loan platform designed to analyze individual financial situations and deliver tailored loan options. Founded in 2017 and headquartered in San Francisco, California, with an additional location in Costa Mesa, the company offers various products, including home equity lines of credit (HELOC), refinancing options to lower monthly mortgage payments, and VA loans for veterans that facilitate home purchases without down payments or private mortgage insurance. LoanSnap aims to help customers gain a clearer understanding of their finances and identify potential savings. The company operates in several states, including California, Florida, Illinois, Colorado, and Tennessee. LoanSnap, Inc. was previously known as DLJ Financial, Inc. before rebranding in April 2018 and functions as a subsidiary of LoanSnap Holdings, Inc.

ROOM8

Seed Round in 2019
ROOM8, Inc. is a company that specializes in designing and developing an application aimed at helping users find roommates and apartments. Its flagship application, available on both Google Play and the App Store, facilitates connections between roommates, landlords, and renters seeking insurance packages. Founded in 2004 and headquartered in Walnut Creek, California, ROOM8 operates as a subsidiary of CSAA Insurance Exchange. The company focuses on providing a safe, easy, and enjoyable experience for individuals looking to secure their next living situation, whether they are searching for a room, filling a room, or seeking a partner to find a place together.

RapidSOS

Series B in 2019
RapidSOS, Inc. is an emergency response data platform that connects life-saving information from over 350 million devices directly to 9-1-1 and first responders during emergencies. Founded in 2012 and based in New York, the company offers a range of solutions including Clearinghouse, which enables users to send emergency requests from RapidSOS-enabled devices, and an Emergency API suite that delivers user data to emergency services. Additionally, the RapidSOS Portal provides public safety agencies with secure access to essential Next Generation 911 (NG911) data. The platform supports more than 4,800 Emergency Communications Centers and plays a vital role in protecting over 90% of the U.S. population, responding to approximately 250 million emergencies annually. By collaborating with certified partners, RapidSOS enhances response capabilities by transmitting critical data such as precise location and real-time health information, ultimately aiming to improve emergency response efficiency and save lives.

RapidSOS

Series B in 2019
RapidSOS, Inc. is an emergency response data platform that connects life-saving information from over 350 million devices directly to 9-1-1 and first responders during emergencies. Founded in 2012 and based in New York, the company offers a range of solutions including Clearinghouse, which enables users to send emergency requests from RapidSOS-enabled devices, and an Emergency API suite that delivers user data to emergency services. Additionally, the RapidSOS Portal provides public safety agencies with secure access to essential Next Generation 911 (NG911) data. The platform supports more than 4,800 Emergency Communications Centers and plays a vital role in protecting over 90% of the U.S. population, responding to approximately 250 million emergencies annually. By collaborating with certified partners, RapidSOS enhances response capabilities by transmitting critical data such as precise location and real-time health information, ultimately aiming to improve emergency response efficiency and save lives.

Kin Insurance

Convertible Note in 2019
Kin Insurance, Inc. is a digital insurance agency that specializes in homeowners insurance and related products. Founded in 2016 and headquartered in Chicago, Illinois, with an additional office in St. Petersburg, Florida, the company aims to enhance the convenience and affordability of insurance by operating directly with consumers, eliminating the need for external agents. Kin Insurance offers a variety of products, including homeowners, mobile home, condo, flood, and landlord insurance, among others. The company leverages extensive property data to ensure precise pricing and improve underwriting outcomes, providing personalized coverage options and efficient claims services through its technology-driven platform.

Car IQ

Series A in 2019
Car IQ Inc. is a technology company that develops and operates a cloud-based vehicle management platform and payment gateway, primarily serving auto dealer groups, car sharing clients, and autonomous drivers. Founded in 2016 and based in San Francisco, California, Car IQ's innovative payment solution allows vehicles to initiate payments directly without the need for credit cards. By leveraging telematics and vehicle data, the platform connects vehicles to service and repair providers, streamlining transactions and enhancing security. It provides detailed vehicle insights for fleet management, enabling clients to monitor transactions and reduce the risk of fraud. Additionally, Car IQ consolidates all transactions into a single ledger, simplifying reconciliation and allowing fleets to manage their expenses more effectively.
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