Corporate Tech Investors

State Farm Ventures

State Farm Ventures is a corporate VC investing group that partners with companies that are a good strategic fit.

Venture Investor Overview

Venture Investor
State Farm Ventures
Status
Active
Investor Type
Corporate
Activity Level
Industry Focus
FinTech
InsureTech
Internet & IoT
Software
Transportation

Contact Information

Contact
Michael Tipsord
Title
Chief Executive Officer
Mailing Address
1 State Farm Plz.
Bloomington, IL 61710
USA
Email Address

Background Information

Overview
The mission of State Farm is to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams. State Farm and its affiliates are the largest providers of auto and home insurance in the United States. Its nearly 19,000 agents and approximately 65,000 employees serve approximately 83 million policies and accounts -- approximately 81 million auto, fire, life, health and commercial policies and approximately 2 million bank accounts. Commercial auto insurance, along with coverage for renters, business owners, boats and motorcycles, is available.
Profile
State Farm Ventures LinkedIn Company Profile
Social Media
State Farm Ventures Company Twitter Account
Company News
State Farm Ventures News
Facebook
State Farm Ventures on Facebook
YouTube
State Farm Ventures on YouTube
Last Transaction
11/7/2023

Transaction History

Our records indicate that State Farm Ventures invested in the VC transactions listed below. Dollar amounts are for the entire raise, which may include other investors.

Company
Date
Amount
11/7/2023
$105,000,000
4/25/2023
$20,000,000
2/7/2023
$15,000,000
1/5/2023
$14,000,000
12/6/2022
$6,000,000
10/6/2022
$20,000,000
7/12/2022
$111,000,000
11/19/2021
$53,000,000
11/18/2021
$13,000,000
10/5/2021
$17,000,000
9/28/2021
$12,000,000
8/13/2021
$15,000,000
7/21/2021
$44,000,000
11/18/2020
$60,000,000
9/14/2020
$27,000,000
2/10/2020
$22,000,000
1/17/2020
Unknown
6/5/2019
$8,000,000

 


Investor Contacts

Title
Name
Email & Social
Chief Executive Officer
Michael Tipsord
  Michael Tipsord LinkedIn Profile  Michael Tipsord Twitter Account  Michael Tipsord News  Michael Tipsord on Facebook

 


Funds

Our database includes the following fund closing(s) for State Farm Ventures. If we are missing funds, please contact us.

Fund Description
Vintage Date
Fund Amount
Fund I
9/17/2018
$100,000,000

 


Portfolio Companies

State Farm Ventures has invested in the companies below, according to our database records. If we are missing a portfolio company, please let us know.

Tech Company

 

 


 

 

Browse more corporate investors:

State Auto Labs Fund | State National Companies

 

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About Our Corporate Tech Investor Database

This corporate tech investor profile is powered by VentureDeal.com, a leading provider of corporate tech investing transaction data.

 


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