Intact Ventures

Intact Ventures is the corporate venture capital arm of Intact Financial Corporation, a leading property and casualty (P&C) insurer based in Canada. Established to identify and invest in innovative startups, Intact Ventures focuses on companies that are transforming the insurance, mobility, and broader financial services industries. Their strategic objective is to foster innovation and explore new growth opportunities that align with or enhance Intact's core business.

The firm primarily targets seed to Series A stage companies, seeking to collaborate closely with founders to provide not only capital but also strategic guidance and access to Intact's extensive industry expertise and network. In 2020, Intact Financial Corporation committed a significant $100 million to Intact Ventures, underscoring its long-term commitment to fostering innovation within the sector and supporting promising early-stage ventures.

Intact Ventures typically participates in investment rounds alongside other venture capital firms, demonstrating a collaborative approach to funding. Their initial investment checks generally range from $500,000 to $5 million per company, with the potential for follow-on investments as portfolio companies grow. This range allows them to support a diverse set of startups, from nascent seed-stage ventures to more developed Series A companies, across North America and increasingly in Europe.