State Farm Ventures is the corporate venture capital arm of State Farm, investing in startups developing technologies and products that align with State Farm's strategic goals in insurance, mobility, AI, and insurtech/fintech. It was launched in 2018 with an initial $100 million fund, later expanded to $200 million.
Average disclosed round size is $53.2M (across 27 rounds with reported amounts).
Portfolio
26
Fund Size
$200M
Top Stage
Series B
Last 12 Mo
0
Team
Marcus Rohlfs
Scouting Director
Phani Aytam
Ventures Director
Kyle Wallace
Ventures Analyst
Aaron Chan
Scouting Manager
Cheryl Poccia
Scouting Manager
Dong Feeley
Ventures Manager
Kate Strubhar
Ventures Executive
Nikhil Patel
Scouting Manager
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
31 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Lumai | Unknown | — | Apr 2025 |
 InsureVision | Seed | $2.7M | Mar 2025 |
| OOneClick | Series A | $7.2M | Oct 2024 |
 May Mobility | Series D | $105M | Nov 2023 |
 Snapsheet | Series E | $29M | Jul 2023 |
 PreAct | Series B | $20M | Apr 2023 |
 Car IQ | Series B | $15M | Feb 2023 |
 Car IQ | Series B | $15M | Feb 2023 |
| PPreAct Technologies | Series B | — | Jan 2023 |
 Get Covered | Series A | $6M | Dec 2022 |
| EElpha Secure Technology Inc. | Series A | $20M | Oct 2022 |
| May Mobility | Series C | $111M | Jul 2022 |
 Owl Autonomous Imaging | Series A | $15M | Jan 2022 |
 Hemlane | Series A | $9M | Jan 2022 |
 Nexar | Series D | $53M | Nov 2021 |
 Homee | Unknown | $17M | Sep 2021 |
| Car IQ | Series B | $15M | Aug 2021 |
| Ccariq | Series B | $15M | Aug 2021 |
| Car IQ | Series B | $15M | Aug 2021 |
 Cape Analytics | Series C | $44M | Jul 2021 |
| Car IQ | Series B | $15M | Jan 2021 |
 Whisker Labs | Series C | — | Jan 2021 |
 Hover | Series D | $60M | Nov 2020 |
 Elpha | Series A | $1.1M | Jan 2019 |
| CCambridge Mobile Telematics | Strategic | $350M | — |
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Top Co-Investors
Plug and Play Tech Center7 shared
Citi Ventures7 shared
Quest Ventures6 shared
TELUS Global Ventures6 shared
Alpana Ventures6 shared
Scrum Ventures6 shared
Avanta5 shared
Root Ventures2 shared
SoftBank Vision Fund2 shared
Toyota Ventures2 shared
Nationwide2 shared
Form Ventures2 shared
Avataar Venture Partners2 shared
Luminate2 shared
Pivot Investment Partners2 shared
Brewer Lane Ventures2 shared
Norwest Venture Partners2 shared
Eos Venture Partners2 shared
Last updated: 7 October 2026