Aviva PlcLSE: AV.

Aviva extends 10 year partnership with Founders Factory

· Issued by Aviva Plc
Arslan Hannani, Chief Innovation Officer at Aviva

Aviva, the UK's leading diversified insurer, today announces it is extending its exclusive fintech partnership with Founders Factory, the global venture studio and accelerator. Aviva is investing over three years to build new startups focusing on insurance, wealth, property, asset management and cybersecurity.

The new ventures will look to harness AI and frontier technologies to deliver new ways in how people manage and protect their money, health and family.

The decade-long strategic partnership has supported more than 60 startups to date, which have raised more than £500 million in investment since 2016.

Partnerships like ours show the power of innovation - they can boost UK investment and support economic growth, helping the UK get ready for the future.

Arslan Hannani, Chief Innovation Officer, Aviva

These include Tembo, a mortgage lending platform that recently saw Aviva expand access through its workplace pension proposition following a successful pilot, and Marrow, a connecter of AI agents including ChatGPT, Claude and Gemini to insurers' pricing, underwriting and policy admin systems.

Arslan Hannani, Chief Innovation Officer, Aviva plc: "Aviva's long-standing partnership with Founders Factory is supporting new businesses to help customers and business manage and protect their money, health and family. Partnerships like ours show the power of innovation - they can boost UK investment and support economic growth, helping the UK get ready for the future."

Henry Lane Fox, CEO of Founders Factory: "Aviva's decade-long commitment is one of the longest-standing corporate venture studio partnerships in the UK. The companies that have spun out of the studio are now achieving meaningful impact and scale in their respective markets - evidence of what a large financial services business can create when it chooses to keep building and back the next generation of founders."

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Additional information:

More about the Aviva x Founders Factory Venture Studio

The Aviva x Founders Factory venture studio works with entrepreneurs to develop new ideas, technologies and business models, turning them into high-growth companies. Founders benefit from the unique access to Aviva's deep financial services expertise, alongside knowledge and data drawn from its millions of customers. This combined with preseed capital and Founders Factory's venture-building expertise unlocks a new generation of investable, high-impact companies that have the potential to transform markets and address some of the world's biggest challenges.

Investments made by the Aviva x Founders Factory joint venture include:

  • Scan.com, a diagnostic imaging platform streamlining access to medical scans (Closed a £220M investment round in September 2026)
  • Xapien, an AI-powered due diligence platform
  • Valarian, a secure digital infrastructure and data sovereignty startup

About Founders Factory

  • Founders Factory builds and funds startups together with exceptional entrepreneurs and the world's leading companies.
  • Created by IPO-exited founders and operating globally from London, New York, Berlin, Milan, Perth and Singapore, Founders Factory invests in the world's most promising pre-Series A founders and helps them commercialise through securing first pilots and supercharging go-to-market strategies.
  • With a focus on fintech, health, deeptech and industrial transformation, Founders Factory has supported startups to scale and disrupt markets, building and funding more than 500 technology companies, who've raised $1.5bn+ follow-on capital.
  • To learn more, visit the Founders Factory website.
Enquiries:

Aviva:

Joe Booth

+44 (0) 7800 698 836

joe.booth@aviva.com

Sarah Swailes

sarah.swailes@aviva.com

+44 (0) 7800 694 859

Founders Factory:

Laura Moross

+44 (0)7969673895

laura.moross@foundersfactory.co

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