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Investment Firm
Overview
Founded in 1892, iA Financial Group offers a comprehensive range of life and health insurance products, savings and retirement plans (RRSP, TFSA, etc.), mutual and segregated funds, securities, auto and home insurance, mortgages and car loans as well as a host of other financial products and services.
Responsible for the administration and management of over $126.2 billion in assets, our publicly-listed company ranks among Canada’s largest and most prominent insurance companies. Thanks to our conservative investment policy, wise capital management practices and solid risk management culture, iA Financial Group enjoys financial stability and flexibility, which allows it to grow and withstand any potential economic shocks.
Highlights
1892
Finance
5001-10000
7
3
3
Late Stage Venture
Venture Capital
Location
Quebec, Quebec, Canada, North America
Contact Information
Social
Profile Resume
iA Financial Group, established in 1892 and headquartered in North America., specializes in Late Stage Venture investments across Financial Services, Health Care, E-Commerce, Retail, Automotive, Communities, Online Portals, Real Estate, Home Services, Residential. The organization boasts a portfolio of 7 investments, with an average round size of $52.8M and 3 successful exits. Their recent investments include Health Smart Financial Services, Clutch, AutoCanada, Clanmil Housing, Pension Insurance. The highest investment round they participated in was $29.4B. Among their most notable exits are Health Smart Financial Services and Clutch. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
7
1
3
3
Investments
7
Annouced Date | Organization Name | Industry | Money Raised |
---|---|---|---|
Mar 17, 2022 | Policygenius | Financial Services | 125.0M |
Oct 10, 2022 | Clanmil Housing | Communities | 110.8M |
Dec 27, 2023 | AutoCanada | Automotive | 25.0M |
Jul 05, 2024 | Clutch | E-Commerce | 10.0M |
Exits
3
Funding Timeline
7
0
0
Funding Rounds
7
iA Financial Group has raised 7 rounds. Their latest funding was raised on Jul 05, 2024 from a Corporate Round - Clutch round.
Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
---|---|---|---|---|
Mar 17, 2022 | Series E - Policygenius | - | 125.0M | - |
Oct 10, 2022 | Debt Financing - Clanmil Housing | - | 110.8M | - |
Dec 27, 2023 | Post-IPO Equity - AutoCanada | - | 25.0M | - |
Jul 05, 2024 | Corporate Round - Clutch | - | 10.0M | - |
Investors
2
Investor Name | Lead Investor | Funding Round | Money Raised |
---|---|---|---|
- | No | Post-IPO Debt - iA Financial Group | 400.0M |
- | No | Post-IPO Debt - iA Financial Group | 350.0M |
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
Annouced Date | Fund Name | Money Raised |
---|---|---|
May 10, 2013 | OTPPLESS | 1.0M |
May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
Recent Activity
News
Aug 27, 2024
Canadian News Wire - IG Wealth Management Partners with iA Financial Group to Expand Insurance Offering Français
News
Aug 06, 2024
Canadian News Wire - iA Financial Group Reports Second Quarter Results
News
Aug 06, 2024
Canadian News Wire - iA Financial Group completes acquisition of assets of Laurentian Bank Securities' retail division Français
News
Jul 29, 2024
Canadian News Wire - iA Financial Group Redeems Non‑Cumulative Class A Preferred Shares Series B Français
News
Jul 23, 2024
Canadian News Wire - Conference call notice - iA Financial Group announces date of 2024 second quarter earnings results
News
Jul 15, 2024
PE HUB - PE-backed Prosperity to sell two blocks of biz to iA Financial Group