S

State Farm Ventures

10 employees

State Farm Ventures is a venture capital firm that invests in startups developing technologies and products.

Investor insights

Sectors invested in

Information Technology10
Software10
Automotive8
InsurTech6
Insurance6
Artificial Intelligence5
Sensor4
Machine Learning4
Industrial3
Real Estate3
Repair2
Mitigation2
insurtech2
Property & Casualty2
Home Warranty2
Handyman2
Restoration2
General Contractors2
Plumbing2
On-Demand2

Funding rounds participated in

$15M sweet spot round size

Most of their 22 investments are in rounds between $8M and $22M

Investor type

Corporate Venture Capital

Basic info

Industry

insurance

Sectors

Financial Services
Business Development
Insurance and Financial Services
Venture Capital

Date founded

2018

Investments made

S

Snapsheet Inc raised $5M on July 18, 2023

Investors: State Farm Ventures

P

PreAct Technologies raised $6M on April 25, 2023

Investors: Luminate Accelerator and State Farm Ventures

C

Car IQ Inc. raised $15M on February 7, 2023

Investors: Forté Ventures, - and State Farm Ventures

P

PreAct Technologies raised $14M on January 5, 2023

Investors: Luminate Accelerator and State Farm Ventures

G

Get Covered raised $6M on November 8, 2022

Investors: RET Ventures, WISE Ventures, LLC, LeFrak and State Farm Ventures

E

Elpha Secure raised $20M on October 6, 2022

Investors: AXIS (AXIS Capital), Canapi Ventures, National Flood Services, Fermat Capital Management, LLC, - and State Farm Ventures

M

May Mobility raised $111M on July 12, 2022

Investors: Millennium Technology Value Partners, Toyota Ventures, TOYOTA TSUSHO INDIA PVT LTD, NEXEN TIRE, Mirai Creation Fund/SPARX Group, Tokio Marine HCC, LG Technology Ventures and State Farm Ventures

O

Owl Autonomous Imaging raised $15M on January 25, 2022

Investors: Excell Partners, Inc., Sand Hill Angels, STRΛTMINDS, Luminate Accelerator and State Farm Ventures

H

Hemlane raised $9M on January 18, 2022

Investors: Asymmetric Capital Partners, AGLAÉ VENTURES, Prudence and State Farm Ventures

U

Undisclosed raised $53M on November 17, 2021

Investors: Catalyst Investors, Regah Ventures, Banca Generali, Aleph, Corner Ventures, Valor Equity Partners, Qumra Capital, Atreides Management, LP and State Farm Ventures

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