
Nationwide Ventures
Description
Nationwide Ventures operates as the strategic corporate venture capital arm of Nationwide, a Fortune 100 insurance and financial services company based in Columbus, Ohio. Established to foster innovation and identify emerging technologies, the firm strategically invests in startups that align with Nationwide's core business objectives and future growth areas. Their investment thesis primarily targets companies within insurtech, fintech, digital health, future of work, and mobility sectors, seeking solutions that can enhance customer experience, optimize operations, or unlock new revenue streams for the parent company.
The venture arm is known for its collaborative approach, offering portfolio companies more than just capital. Startups gain access to Nationwide's extensive industry expertise, vast customer base, and distribution channels, facilitating product development and market penetration. This strategic partnership model is designed to accelerate the growth of innovative companies while providing Nationwide with early insights into disruptive technologies and business models.
Nationwide Ventures typically focuses on early to growth-stage companies, ranging from Seed to Series B rounds, though they may consider later-stage opportunities based on strategic fit. Their initial investment checks commonly range from $1 million to $5 million, reflecting their commitment to significant, impactful partnerships. The firm has built a robust portfolio, comprising over 20 companies, demonstrating a consistent commitment to driving innovation across the insurance and financial services landscape since its inception. This proactive investment strategy underscores Nationwide's dedication to staying at the forefront of industry transformation.
Investor Profile
Nationwide Ventures has backed more than 33 startups, with 2 new investments in the last 12 months alone. The firm has led 4 rounds, about 12% of its total and boasts 3 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series B, Series C rounds (top funding stages).
- Majority of deals are located in United States, Israel, Spain.
- Strong thematic focus on InsurTech, Insurance, Financial Services.
- Typical check size: $1M – $5M.
Stage Focus
- Series A (33%)
- Series B (33%)
- Series C (15%)
- Series Unknown (9%)
- Series E (3%)
- Seed (3%)
- Pre Seed (3%)
Country Focus
- United States (85%)
- Israel (12%)
- Spain (3%)
Industry Focus
- Insurtech
- Insurance
- Financial Services
- Software
- Artificial Intelligence (Ai)
- Information Technology
- Risk Management
- Fintech
- Automotive
- Autonomous Vehicles
Frequently Asked Questions
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