CVC  State Auto Labs

https://www.stateautolabs.com/





     Office Locations:

518 E. Broad St.
Columbus, OH 43215

 

Stages:

  • Early


 

Industries:

  • Financial Services
  • Information Technology
  • Software & Internet

  •  

    Description:

    State Auto Labs is a $25M corporate venture fund. State Auto Labs brings together investment and insurance expertise to grow innovations that are reinventing the insurance industry. In collaboration with Rev1 Ventures, State Auto Labs connects startups with capital, technologists and insurance industry experts.The firm's objective is to identify, become early adopters of and invest in transformative technologies and solutions. State Auto Labs is the innovation arm of the State Automobile Mutual Insurance Company. The venture fund will focus on four key areas of investment: - Technologies that connect, collect and communicate with people, vehicles, offices and homes (i.e., Internet of Things and wearables); - Data-driven innovations that improve analytics and decision-making (i.e., machine learning and artificial intelligence); - Distribution technologies that enhance both traditional and emerging channels, and provide new ways to improve customer service and add value to policyholders; - Products and operational solutions that seek to anticipate the changing needs of insurance customers, while also tapping into new markets (i.e., the sharing economy, insurance on demand, and the reinvention of claims).



    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.
    Haley Smith Director
    Kim Garland Managing Director

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      05/02/2018


      Matterport


      CA


      undisclosed


      


     

    Portfolio companies include:


      Matterport
        web link


     

    Recent News: