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Definity

InsuranceCanada

Definity Financial Corporation is the parent company for a family of property and casualty insurance companies in Canada. Formed in 2021, the enterprise is headquartered in Waterloo, Ontario.

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Definity at a glance

Definity is an insurance company headquartered in Canada. It has raised at least $16.5M across the 2 funding rounds on record. Its most recent funding round, Series A, raised $12M in April 2026. Xcout tracks 4 named people at Definity, including Roy Daniel (CEO). Xcout recorded 1 job posting from Definity in the last 90 days.

Industry
Insurance
Headquarters
Canada
Raised, rounds on record
$16.5M
Job postings recorded (90 days)
1

Definity leadership

  • Roy DanielCEO
  • Ohad RavivCTO
  • Tom Bar-YacovVP R&D
  • Daniel FortinBoard Chair

Definity funding rounds

At least $16.5M raised across the 2 rounds on record. Every round on record:

DateRoundAmountInvestors
Series A$12M1 named
Seed$4.5M—

Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →

Hiring at Definity

Xcout recorded 1 job posting from Definity in the last 90 days, from a hiring record Xcout has kept since June 2026.

The weekly hiring trend, the roles and locations behind it — see Definity's hiring signals →

Investors

Definity competitors

A few of Definity's closest competitors — see the full list of competitors and alternatives →

Intact FinancialIFC · InsuranceToronto, Canada
67% matchPublic

Intact Financial Corporation (IFC), through its network of subsidiaries, stands as a leading provider of property and casualty (P&C) insurance. The company delivers its insurance solutions to individuals and businesses across a wide geographic footprint, including Canada, the United States, the United Kingdom, Ireland, other European countries, and the Middle East. For personal clients, IFC offers a comprehensive suite of insurance products. This encompasses auto coverage for personal vehicles, motor homes, recreational vehicles, motorcycles, snowmobiles, and all-terrain vehicles. Its personal property policies protect homes and their contents from a range of perils like fire, theft, vandalism, and water damage, while also providing personal liability coverage. These offerings extend to tenants, condominium owners, non-owner occupied residences, and seasonal properties, alongside various other personal lines such as pet insurance. In the commercial sector, the corporation develops tailored insurance programs for small and medium-sized businesses. This includes commercial property coverage to safeguard physical business assets, as well as various liability protections such as commercial general, product, professional, and cyber liability endorsements. Furthermore, IFC provides commercial vehicle insurance, addressing needs for commercial autos, fleets, garage operations, light trucks, public vehicles, and the unique requirements of the sharing economy. Beyond these core segments, Intact Financial also specializes in general insurance, sophisticated risk management solutions, and a diverse portfolio of niche insurance products. These specialized coverages cater to distinct groups and industries, including accident and health, technology, ocean and inland marine, public entities, entertainment, financial services, and various institutions. Additional offerings encompass specialty property, surety bonds, tuition reimbursement, management liability, cyber risk, and environmental insurance. Founded in 1809, the company was initially known as ING Canada Inc. It officially adopted the name Intact Financial Corporation in 2009 and is headquartered in Toronto, Canada.

Market cap$37.1B
Employees32,000
Intact Financial competitors & alternatives →
iA Financial Corporation Inc.InsuranceQuébec, Canada
63% match

iA Financial Corporation Inc., provides insurance and wealth management services for individual and group basis in Canada and the United States. It operates through Insurance, Canada; Wealth Management; US Operations; and Investment segments. The company offers life, health, auto, home, and creditor insurance products; replacement insurance products and warranties; extended warranties and other ancillary products for dealer services; and specialized products for special markets; and life insurance products and extended warranties relating to dealer services. It also provides savings plans, retirement, and segregated funds, securities brokerage, trust operations, and mutual funds. In addition, the company offers car, RV, mortgage, disability, travel, medical and paramedical care, homecare, vision and dental care, accidental death and dismemberment, disability management, transit, and critical illness insurance products. Further, the company provides investment funds; registered retirement savings plan (RRSP), tax-free savings account, tax-free first home savings account, individual pension plan, locked-in retirement account, and non-registered savings plan; registered retirement income fund, life income fund, and annuities; registered education savings plans (RESP); and RRSP, RESP, and investment loans. Additionally, it owns and manages real estate portfolio of commercial space for lease for offices, businesses, etc.; manufactures and distributes automobile protection products; provides vehicle warranty and related software and services; digital property and casualty insurance distribution services; life insurance, mutual fund, securities, and cross border securities brokerage services; trust service; auto finance; ancillary automotive products; and automobile warranty services, as well as operates as an independent warranty providers and administrators in the used vehicle market. The company was founded in 1892 and is headquartered in Quebec City, Canada.

Valuation—
Employees—
iA Financial Corporation Inc. competitors & alternatives →

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More on Definity in Xcout Intel

  • 4 named people with titles, LinkedIn and board committees
  • 2 funding rounds with the investors in each, and who they co-invest with
  • Weekly hiring history and the mix of roles behind it
  • The full competitor set, tracking, exports and API access
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