About Avanta Ventures
Our mission is to identify disruptive technologies and new breeds of services across Insurtech, Mobility, and Risk-adjacent sectors, as we foster an ecosystem of best-in-class startups and venture partner relationships.
Our Focus Areas
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
Adjacencies
Adjacent sectors that share key attributes of insurance and risk management
Our Approach
As the venture capital arm of CSAA Insurance Group, Avanta Ventures works with emerging US-based companies to provide deep industry expertise, partnership, and financial investment in products and services that offer extraordinary value to the AAA Members of today—and those of tomorrow. As an affiliate of CSAA Insurance Group, a AAA insurer, Avanta Ventures is aligned with one of the top U.S. personal lines property and casualty insurance underwriters.
Sanjiv Parikh
Managing Partner
Sanjiv is the Managing Partner of Avanta Ventures where he drives venture capital investments, incubation/acceleration and corporate development. Sanjiv has 25+ years of driving growth for corporations across the entire spectrum of growth and strategic investment initiatives. His strong operating experiences has led him to build businesses from the ground up with a solid technology foundation.