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Top 10 InsurTech Angel Investors in Canada in October 2023

A list of 10 angel investors that invest in Insurtech startups based in Canada. We rank investors based on the number of investments they made in Insurtech companies from Canada. We update this investor list every month.

Top 10 InsurTech Angel Investors in Canada in October 2023

Investor InsurTech Canada investments
Sid Sankaran 1
Jameson Hsu 1
Michael McDerment 1
Mohsen Moazami 1
Steve Chen 1
Louis Beryl 1
Joseph Fung 1
Mike McDerment 1
Sharon Ludlow 1
Alon Neches 1

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Investor list
Sid Sankaran
Angel · New York, New York, United States

In October 2010, Sid Sankaran joined AIG as Executive Vice President, Chief Risk Officer. Prior to joining the company, Sid was a partner in the Finance and Risk practice at Oliver Wyman Financial Services. He headed the firm’s Toronto office and served as Canadian Market Manager since 2006.Sid has spent his career working with financialservices companies, including a number of insurers, on risk management issues. He has also conducted strategy and risk-focused studies across a range of financial institutions, including insurers, banks, securities firms and specialty finance companies in North America and Europe.Earlier in his career, Sid worked at Mercer Risk, Finance & Insurance Consulting and MMC Enterprise Risk, focusing on insurance company valuation and mergers and acquisitions.Sid holds a Bachelor of Mathematics degree (majoring in actuarial science) and graduated with distinction from the University of Waterloo in Ontario, Canada. He completed actuarial examinations from the Society of Actuaries.

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Investment focus

  • InsurTech, Insurance
  • Seed
  • Canada

Portfolio highlights

  • Briza.io — Briza gives commercial insurance carriers broad digital distribution for their products with a single integration, connecting them to wholesalers, retailers, SaaS platforms.
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Jameson Hsu
Angel · Taipei, T'ai-pei, Taiwan

Jameson is a three time entrepreneur and avid world traveler. Most recently Mr. Hsu was CEO and co-founder of Pieceable Software, a company that enabled iOS app virtualization in the cloud so that any app could be consumed in a web browser. Pieceable was acquired by Facebook in 2012.Prior to that Mr. Hsu was CEO and co-founder of Mochi Media,an ad network and distribution platform for Flash games that reached over 180M monthly uniques. In 2010 Mochi Media was acquired by Shanda Games. Jameson’s first company was a design and advertising agency in New York called WDDG. The company started with advertising and eventually forayed into game development and publishing as Fun Tank (which was later acquired by Publishers Clearing House in 2011).

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Investment focus

  • Big Data, Analytics, Mobile
  • Seed, Angel, Convertible Note
  • United States, Canada

Portfolio highlights

  • Sunglass — Sunglass.io uses the web to enable designers to collaboratively build tomorrow's products, buildings and cities.
  • Lydia.ai — Lydia AI uses alternative data to make life and health insurance personalized, easier to buy and more inclusive
  • PicnicHealth — We collect all your medical records in a secure, digital timeline. And we empower you to be part of something bigger by contributing to research, anonymously.
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Michael McDerment
Angel · Toronto, Ontario, Canada

Mike McDerment is the co-founder and CEO of FreshBooks, planet earth’s #1 cloud accounting solution designed for small business owners. In 2003, Mike built FreshBooks for his design firm, scratched his own itch, then moved into his parent’s basement for 3.5 years to get FreshBooks off the ground. Since then over 5,000,000 people have usedFreshBooks to save time billing and collect billions of dollars. Mike and his team dedicate themselves to executing extraordinary experiences everyday for small business owners who want to focus on the work they love, instead of on their paperwork.

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Investment focus

  • CRM, SaaS, Software
  • Seed
  • Canada, United States

Portfolio highlights

  • Briza.io — Briza gives commercial insurance carriers broad digital distribution for their products with a single integration, connecting them to wholesalers, retailers, SaaS platforms.
  • InsightSquared — InsightSquared offers the industry's most complete and flexible Revenue Intelligence Platform, featuring six integrated solutions in one. We empower revenue professionals to make better decisions by equipping them with actionable, real-time intelligence that drives predictable growth. B2B organizations worldwide rely on InsightSquared to buildstronger, healthier pipelines, improve conversion rates, target rep coaching, boost forecast accuracy and significantly increase competitive win rates. For more information, visit www.insightsquared.com.
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Mohsen Moazami
Angel · San Francisco, California, United States

Mohsen Moazami is the Founder and Managing Partner at Seif Capital. He attended Stanford University.

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Investment focus

  • Analytics, Software, Big Data
  • Seed, Series A, Series B
  • United States, Canada

Portfolio highlights

  • Tulip — Direct-to-consumer personal insurance
  • Graphdive — GraphDive’s API gives you actionable insights into your users’ top interests and key demographic data. Their personalization platform parses through billions of social data points to truly understand users and show them what they really want.
  • Lydia.ai — Lydia AI uses alternative data to make life and health insurance personalized, easier to buy and more inclusive
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Steve Chen
Angel · San Francisco, California, United States · 2 investments in the past 12 months

Steve Chen was an internet entrepreneur and the co-founder and previous Chief Technology Officer of YouTube. Born in August 1978 in Taiwan. Raised in Taiwan, Chen and his family immigrated to the United States when he was 15.After graduating from the University of Illinois at Urbana-Champaign, Chen worked at PayPal, where he met Chad Hurley andJawed Karim. In 2005, the three founded YouTube, a website designed to simplify video sharing online.Chen was named one of the "The 50 people who matter now" by Business 2.0 magazine in 2006. That year, he and Hurley sold YouTube to Google, Inc. for $1.65 billion in stock.Chen most recently co-founded AVOS Systems with YouTube co-founder Chad Hurley.

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Investment focus

  • Software, E-Commerce, Machine Learning
  • Seed, Series A, Series B
  • United States, Canada, Taiwan

Portfolio highlights

  • Karat Financial — Karat is the best card for creators, helping you save money, earn rewards, and grow your channel faster - because content IS a business.
  • Cityfurnish — Cityfurnish is an internet company that specializes in the fields of e-commerce and online rental. It features an online renting zone where contemporary and modern styles amalgamate to establish a new genre of wooden furniture and furnishings. The company was founded in 2015 and headquartered in Gurgaon, Haryana.
  • Jubilee Media — Media company for positive, purpose-driven millennials.
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Louis Beryl
Angel · San Francisco, California, United States · 4 investments in the past 12 months

3X Founder of Earnest, SolidEnergy, and now working on the next one. Formerly a16z and YC. Active angel investor and board member.

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Investment focus

  • Software, FinTech, Financial Services
  • Seed, Funding Round, Series A
  • United States, Canada, United Kingdom

Portfolio highlights

  • Stelo Labs — Read the lastest on web3 security from Stelo
  • Cashmere — Secure multisig solana wallet, built for teams. Send, receive, and grow your digital assets directly from your Cashmere Vault.
  • Meez Culinary Solutions — Organize, Train, Cost, Iterate, Collaborate, and Share your recipes and process.
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Joseph Fung
Angel · Waterloo, Ontario, Canada

Joseph Fung is the CEO and Co-founder of Uvaro.

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Investment focus

  • Software, Information Technology, B2B
  • Seed, Angel, Pre-Seed
  • Canada

Portfolio highlights

  • FindBoB — Using behavioral analytics, the only machine learning platform focused on succession planning and talent management within the financial services industry.
  • Roadmunk — Create and present boardroom-ready product roadmaps. Collaborate, prioritize, share plans and solicit feedback using one roadmap tool.
  • Skritswap — skritswap software reduces the reading level of information.
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Mike McDerment
Angel

Mike McDerment

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Investment focus

  • Computer, Software, InsurTech
  • Seed
  • Canada

Portfolio highlights

  • Briza.io — Briza gives commercial insurance carriers broad digital distribution for their products with a single integration, connecting them to wholesalers, retailers, SaaS platforms.
  • SoapBox — SoapBox provides software solutions that help organizations adapt to the needs of a changing workforce by creating a real time feedback loop between employees and leaders.Employees can easily share their ideas on how to improve the organization, while leaders ensure that ideas are aligned to business priorities. The entire feedback loop is atransparent process - which improves engagement, performance, and culture.
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Sharon Ludlow
Angel

Sharon Ludlow

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Investment focus

  • InsurTech, Insurance
  • Seed
  • Canada

Portfolio highlights

  • Briza.io — Briza gives commercial insurance carriers broad digital distribution for their products with a single integration, connecting them to wholesalers, retailers, SaaS platforms.
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Alon Neches
Angel

Alon Neches

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Investment focus

  • InsurTech, Insurance
  • Seed
  • Canada

Portfolio highlights

  • Briza.io — Briza gives commercial insurance carriers broad digital distribution for their products with a single integration, connecting them to wholesalers, retailers, SaaS platforms.
Show more investments...
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