CVC  State Farm Ventures

https://ventures.statefarm.com/





     Office Locations:

One State Farm Plaza
Bloomington, IL 61710

 

Stages:

  • Early


 

Industries:

  • Financial Services
  • Information Technology
  • Software & Internet

  •  

    Description:

    State Farm Ventures was created to help State Farm insurance accelerate its innovation efforts. The firm considers investments in any development stage, with a limit of $5 million. The firm targets investments in Mobility & Transportation, Residential IoT, InsurTech/Fintech, Computer Vision/AI, Blockchain, and Senior Living.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Corey Schieler Ventures Director
    Heather Reginelli Ventures Manager
    Michael Remmes Ventures Executive

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      10/29/2024


      HOMEE Insurance


      FL


      $12,000,000


      Series C


     

    Portfolio companies include:

     

    Recent News: