Financial news

Aviva extends 10 year partnership with Founders Factory

...to build a new generation of fintech and health startups.

Arslan Hannani, Chief Innovation Officer at Aviva
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.

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

Notes to editors:

  • As part of Aviva's work with the Wildlife Trusts to protect and restore temperate rainforests in the UK, we've teamed up with wildlife presenter and photographer Hamza Yassin to help more children learn about these unique habitats through the Rainforests Explorers photography competition. Visit www.aviva.com/rainforest-explorers
  • We are the UK's only diversified insurer and we operate in the UK, Ireland and Canada. We also have international investments in India and China.
  • We help our 25.3 million customers make the most out of life, plan for the future, and have the confidence that if things go wrong we’ll be there to put it right.
  • We have been taking care of people for more than 325 years, in line with our purpose of being ‘with you today, for a better tomorrow’. In 2025, we paid £31.9 billion in claims and benefits to our customers.
  • Aviva is a Living Wage, Living Pension and Living Hours employer and provides market-leading benefits for our people, including flexible working, paid carers leave and equal parental leave. Find out more at www.aviva.com/about-us/our-people/
  • As at 30 June 2026, total Group assets under management at Aviva Group were £479 billion and our estimated Solvency II shareholder capital surplus was £6.8 billion. Our shares are listed on the London Stock Exchange and we are a member of the FTSE 100 index.
  • For more details on what we do, our business and how we help our customers, visit www.aviva.com/about-us
  • The Aviva newsroom at www.aviva.com/newsroom includes links to our spokespeople images, podcasts, research reports and our news release archive. Sign up to get the latest news from Aviva by email.
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