iA Financial Group

iA Financial Group

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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

Founded

1892

Industry

Finance

Employees

5001-10000

Investment

7

Lead Investment

3

Exits

3

Stages

Late Stage Venture

Investor Type

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.

Employees

imagePlace Ludwig Willisch

Ludwig Willisch

Member Board Of Directors

imagePlace Catherine Milum

Catherine Milum

President and Chief Executive Officer

imagePlace Jean-Francois Poitras

Jean-Francois Poitras

Cybersecurity solution architect - PAM

imagePlace Stéphanie Butt Thibodeau

Stéphanie Butt Thibodeau

Executive Vice‑President and Chief Talent and Culture Officer

Investment portfolio

iA Financial Group has made 7 investments. Their most recent investment was on Jul 05, 2024, when Clutch raised $10.0M.

iA Financial Group has made 1 diversity investments. Their most recent diversity investment was on Mar 17, 2022, when Policygenius raised $125.0M.

investments

7

Diversity investments

1

Lead investments

3

Number of exits

3

Investments

7

Annouced DateOrganization NameIndustryMoney Raised
Mar 17, 2022
Policygenius Policygenius
Financial Services125.0M
Oct 10, 2022
Clanmil Housing Clanmil Housing
Communities110.8M
Dec 27, 2023
AutoCanada AutoCanada
Automotive25.0M
Jul 05, 2024
Clutch Clutch
E-Commerce10.0M

Exits

3

Funding Timeline

Funding rounds

7

Investors

0

Funds

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 DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Mar 17, 2022
Series E - Policygenius Series E - Policygenius
-125.0M-
Oct 10, 2022
Debt Financing - Clanmil Housing Debt Financing - Clanmil Housing
-110.8M-
Dec 27, 2023
Post-IPO Equity - AutoCanada Post-IPO Equity - AutoCanada
-25.0M-
Jul 05, 2024
Corporate Round - Clutch Corporate Round - Clutch
-10.0M-

Investors

2

Investor NameLead InvestorFunding RoundMoney 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 DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image 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