Aviva Ventures wants to invest up to $10 million in startups during its Pitch Day

aviva canada

After hosting an Aviva Pitch Day last year, property and casualty insurance group Aviva Canada announced that Aviva Ventures, its corporate fund aiming to invest $170 million in startups across the world, will be hosting its second Pitch Day later this year.

Taking place in Toronto on September 19, Aviva Canada’s Pitch Day will select 10 Canadian digital startups to pitch to a panel of Aviva advisors for a chance to win up to $10 million CAD.

“We’ve only just scratched the surface in building a massive insurtech community in Canada.”
– Ben Isotta-Riches

“We saw the high demand for disruptors looking to take their businesses to the next level at last year’s Pitch Day event. We can’t wait to once again collaborate with startups who can offer unique ideas to create positive change for our almost three million customers here in Canada,” said Ben Isotta-Riches, CIO at Aviva Canada. “We’ve only just scratched the surface in building a massive insurtech community in Canada.”

In March, Aviva Ventures announced its first Canadian investment of $2.5 million in Toronto-based Casalova, an end-to-end real estate marketplace and licensed brokerage. In March of last year, Aviva Canada also partnered with the DMZ to evaluate new business ideas that solve gaps in the insurance marketplace.

“We are excited to be tapping the Canadian marketplace for potential high-growth, digital startups that will help us transform the insurance industry,” says Ben Luckett, managing director at Aviva Ventures. “By putting innovation and digital as our core focus, we will be able to make insurance easier and simpler for our customers.”

Canadian startups interested in participating in Aviva Pitch Day have until August 11 to apply.

Amira Zubairi

Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.