SF
State Farm Ventures
Bloomington, IllinoisFounded 2018
State Farm Ventures invests in startups developing technologies and products that align with State Farm's strategic goals, focusing on areas such as mobility & transportation, residential & IoT, insurtech/fintech, and artificial intelligence. The firm seeks to support innovation that helps customers live smarter, safer, and better lives by disrupting conventional operations within the insurance industry.
Portfolio
2
Fund Size
$200M
Top Stage
Seed
Last 12 Mo
1
Stage Distribution
Portfolio
2 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Lumai | Seed | — | Apr 2025 |
| HOVER | Series D | $60M | — |
Top Co-Investors
Constructor Capital1 shared
IP Group1 shared
PhotonVentures1 shared
LIFTT1 shared
Nationwide Insurance1 shared
Standard Industries1 shared
Menlo Ventures1 shared
GV (Google Ventures)1 shared
Alsop Louie Partners1 shared
Guidewire Software1 shared
Last updated: 26 February 2026