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State Farm Ventures

North America, Illinois, United States, Bloomington

Description

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

Investor Profile

State Farm Ventures has made 25 investments, with 3 in the past 12 months and 32% as lead.

Stage Focus

  • Series A (36%)
  • Series B (28%)
  • Series D (12%)
  • Series Unknown (12%)
  • Series C (8%)
  • Seed (4%)

Country Focus

  • United States (96%)
  • United Kingdom (4%)

Industry Focus

  • Software
  • Automotive
  • Information Technology
  • Insurtech
  • Artificial Intelligence (Ai)
  • Sensor
  • Autonomous Vehicles
  • Insurance
  • Machine Learning
  • Industrial
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does State Farm Ventures frequently co-invest with?

Cyrus Capital Partners
North America, New York, United States, New York
Co-Investments: 3
BMW i Ventures
North America, California, United States, Mountain View
Co-Investments: 2
Forté Ventures
North America, Georgia, United States, Atlanta
Co-Investments: 5
Liberty Mutual Strategic Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 3
Luminate
North America, New York, United States, Rochester
Co-Investments: 3
Toyota Ventures
North America, California, United States, Los Altos
Co-Investments: 2
Norwest Venture Partners
North America, California, United States, Palo Alto
Co-Investments: 2
1843 Capital
North America, Connecticut, United States, Greenwich
Co-Investments: 2
Millennium Technology Value Partners
North America, New York, United States, New York
Co-Investments: 2
FV
North America, Virginia, United States, Newport News
Co-Investments: 2

Which angels does State Farm Ventures often collaborate with?

SK
North America, Illinois, United States, Chicago
Shared Deals: 1
Denis Gallagher
North America, South Carolina, United States, Charleston
Shared Deals: 1

What are some of recent deals done by State Farm Ventures?

Insurevision.ai

Northwich, Cheshire, United Kingdom

Insurevision.ai revolutionizes insurance risk understanding using state of art CV Transformer AI

Auto Insurance
SeedMar 7, 2025
Amount Raised: $2,700,000
Proof

Boston, Massachusetts, United States

Proof is an identity-assured transaction management platform that verifies identities and secures digital transactions.

LegalLegal TechSoftwareTransaction Processing
Series UnknownFeb 27, 2025
OneClick Data

Englewood, Colorado, United States

OneClick's Code app provides instant access to jurisdiction authority, building codes, and more for the Roofing Restoration Industry.

Software
Series ASep 26, 2024
Amount Raised: $7,216,029
May Mobility

Ann Arbor, Michigan, United States

May Mobility is a manufacturing firm that designs and develops autonomous technology vehicles for self-driving transportation solutions.

AutomotiveAutonomous VehiclesPublic TransportationSoftwareTravel
Series DNov 7, 2023
Amount Raised: $105,000,000
Snapsheet

Chicago, Illinois, United States

Snapsheet is a provider of virtual appraisal technology and claims management software solutions in the insurance industry.

Auto InsuranceInsuranceInsurTechMobileProperty Insurance
Series UnknownJul 18, 2023
Amount Raised: $4,999,997
PreAct Technologies

Portland, Oregon, United States

PreAct Technologies focuses on flash LiDAR tech, delivering high-resolution, affordable solutions across multiple industries.

AutomotiveIndustrialInformation TechnologySensor
Series BApr 25, 2023
Amount Raised: $6,000,000
Car IQ

San Francisco, California, United States

Car IQ Pay is the first payment platform to enable vehicles to initiate, validate and complete authorized transactions.

AutomotiveFinancial ServicesFinTechFleet ManagementFraud DetectionMobile PaymentsPayments
Series BFeb 7, 2023
Amount Raised: $15,000,000
PreAct Technologies

Portland, Oregon, United States

PreAct Technologies focuses on flash LiDAR tech, delivering high-resolution, affordable solutions across multiple industries.

AutomotiveIndustrialInformation TechnologySensor
Series BJan 5, 2023
Amount Raised: $14,000,000
Get Covered

New York, New York, United States

Get Covered develops custom digital solutions for the insurance industry.

CommercialInsuranceInsurTechResidential
Series ANov 8, 2022
Amount Raised: $6,000,000
Elpha Secure

New York, New York, United States

Elpha Secure is a provider of cybersecurity solutions and software protection to small businesses.

Cyber SecurityInsuranceSoftware
Series AOct 6, 2022
Amount Raised: $20,000,000