Summit raises $3.5 million

Canadian insurance broker Summit Commercial Solutions has raised $3.5 million in Seed funding led by IA Capital Group, with participation from Harvest Ventures.

Founded in 2022 by former APOLLO Insurance employees Davis Gilbert and Josh Pillsbury, Summit is a national insurance brokerage and risk management firm headquartered in Kelowna, British Columbia “shaping the future of commercial insurance” through technology-driven risk management and insurance solutions.

Summit serves a variety of industries and claims to offer coverage from 60+ insurance partners.

“We are thrilled to be partnering with Josh, Davis and the entire Summit team in the next stage of their growth serving the commercial insurance needs of businesses in Canada. We’ve been incredibly impressed by the traction to-date in one of Canada’s fastest growing retail brokerages.” – Ravi Shah, Vice President at IA Capital.