Allstate Strategic Ventures, the corporate venture capital arm of Allstate Insurance Company, focuses on investing in disruptive technology startups that can shape the future of the insurance industry and related markets. Their strategy involves investing across various stages and horizons, from companies with near-term strategic value to those exploring long-term emerging global trends and technologies, including climate tech, to "future-proof" Allstate.
33% of their portfolio is in Insurance. Average disclosed round size is $109.7M (across 6 rounds with reported amounts).
Portfolio
6
Fund Size
—
Top Stage
Growth
Last 12 Mo
0
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
6 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Moderne | Series B | $30M | Feb 2025 |
 Next Insurance | Growth | $265M | Nov 2023 |
| Iinrupt | Series A | $30M | Dec 2021 |
 Stride Health | Series C | $47M | Oct 2021 |
 Kinetic Automation | Series B | $21M | — |
| Next Insurance | Growth | $265M | — |
Top Co-Investors
Menlo Ventures1 shared
Liberty Mutual1 shared
Lux Capital1 shared
Haystack1 shared
Glasswing Ventures1 shared
King River Capital1 shared
Mastercard1 shared
Venrock1 shared
NEA (New Enterprise Associates)1 shared
F-Prime Capital1 shared
Moderne Ventures1 shared
True Ventures1 shared
aCrew1 shared
Intel Capital1 shared
Mango Capital1 shared
TIAA1 shared
Last updated: 8 March 2026