State Farm Ventures

Corporate VC

Corporate venture arm of State Farm, backing start-ups building technologies and products to meet insurance customers' needs in unexpected ways.

Bloomington, United States · 16+ investments · 14 portfolio companies

Early Stage
Growth
Artificial Intelligence
Insurtech
Headquarters
Bloomington, United States
Founded
2018
AUM
$200.0M
Portfolio Companies
14
Total Investments
16
Last Investment
Mar 2026
Geographic Focus
United States

Investment Thesis

Believes insurance customers have needs their insurer might not expect; backs founders building novel technology, with recent bets in AI, quantum computing, and auto tech.

State Farm Ventures is a Corporate VC firm based in Bloomington, United States. It has made 16 investments, including Homee, PreAct and GetCovered. Focus areas include Artificial Intelligence and Insurtech.

Portfolio14

Co-investors24

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24 co-investors across 25 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×15 · Corporate VC ×7 · Accelerator ×1 · 25 shared rounds

Investment History

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