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The Venture Codex

State Farm Ventures

3 State Farm Plaza South, Bloomington, IL, 61791, United States

Overview

Venture capital firm investing in disruptive, safety-focused companies.

Founded

2018

Deals ยท 12mo

2

Links

WebsiteLinkedIn

Stage focus

Series A
Series B
Series C

Geographic focus

United Kingdom
United States

Sector focus

Business Development
Financial Services
Venture Capital

Investment portfolio

24rounds
NAMEDATESIZE
skan.ai
Aug 2026Participated
$63 MSeries C
Cambridge Mobile Telematics
Mar 2026Participated
$350 MOther Equity
Lumai
Apr 2025Participated
$10 MOther Equity
InsureVision
Mar 2025Led
$3 MSeed
Homee
Oct 2024Participated
$12 MSeries C
May Mobility
Nov 2023Participated
$105 MSeries D
PreAct Technologies
Apr 2023Participated
$20 MSeries B
CarIQ
Feb 2023Participated
$15 MSeries B
Car IQ
Feb 2023Participated
$15 MSeries B
Get Covered
Dec 2022Led
$6 MSeries A
Elpha Secure
Oct 2022Participated
$20 MSeries A
May Mobility
Jul 2022Participated
$111 MSeries C
skan.ai
Aug 2026Participated
$63 MSeries C
Cambridge Mobile Telematics
Mar 2026Participated
$350 MOther Equity
Lumai
Apr 2025Participated
$10 MOther Equity
InsureVision
Mar 2025Led
$3 MSeed
Homee
Oct 2024Participated
$12 MSeries C
May Mobility
Nov 2023Participated
$105 MSeries D
PreAct Technologies
Apr 2023Participated
$20 MSeries B
CarIQ
Feb 2023Participated
$15 MSeries B
Car IQ
Feb 2023Participated
$15 MSeries B
Get Covered
Dec 2022Led
$6 MSeries A
Elpha Secure
Oct 2022Participated
$20 MSeries A
May Mobility
Jul 2022Participated
$111 MSeries C
24
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Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

State Farm Ventures: 24 funding rounds are recorded in the selected participation categories.All available history.
State Farm Ventures: 24 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed10
Series A43
Series B06
Series C+16
Other Equity03

Monthly Deal Activity

State Farm Ventures: 24 deals are recorded across 89 months.All available history.
State Farm Ventures: 24 deals are recorded across 89 months. All available history
MonthDeals
Jun '191
Jul '190
Aug '191
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '201
Aug '200
Sep '201
Oct '200
Nov '201
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '211
Aug '211
Sep '212
Oct '210
Nov '212
Dec '210
Jan '221
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '221
Aug '220
Sep '220
Oct '221
Nov '220
Dec '221
Jan '230
Feb '232
Mar '230
Apr '231
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '231
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '241
Nov '240
Dec '240
Jan '250
Feb '250
Mar '251
Apr '251
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '261
Apr '260
May '260
Jun '260
Jul '260
Aug '261
Sep '260
Oct '260

Sector Breakdown

State Farm Ventures: Fintech is the largest displayed sector by deal count (12 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

State Farm Ventures: Fintech is the largest displayed sector by deal count (12 deals). All available history
SectorDeals
Fintech12
Transportation & Logistics11
AI & Machine Learning7
Enterprise Software5
Networks, Cloud & Communication5
Hardware & Robotics5
Cybersecurity & Privacy4
AR/VR3
Real Estate & Construction3
Data, Analytics & IT3
Travel & Hospitality2
Manufacturing2
Government & Defense1
Marketing & Advertising1

Deal Size Distribution

State Farm Ventures: 24 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

State Farm Ventures: 24 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M2
$5M-$10M2
$10M-$25M12
$25M-$50M2
$50M-$100M3
$100M-$250M2
$250M-$500M1
$500M-$1B0
$1B+0

Deals By Geography

State Farm Ventures: United States has the largest recorded deal count among the displayed regions (21 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

State Farm Ventures: United States has the largest recorded deal count among the displayed regions (21 deals). All available history
RegionDeals
United States21
Europe2
India1
State Farm Ventures: 20 co-investors are shown, with Forte Ventures sharing 6 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

State Farm Ventures: 20 co-investors are shown, with Forte Ventures sharing 6 recorded deals. All available history
Co-investorShared deals
Forte Ventures6
The Hartford4
Avanta Ventures3
Bridgestone Americas3
Liberty Mutual Strategic Ventures3
TELUS Ventures3
Activate Capital Partners2
Bloomberg Beta2
Circle K2
Citi Ventures2
Desjardins Capital2
Ferguson Ventures2
Florida Funders2
Luminate2
Navistar2
Norwest Venture Partners2
Toyota Ventures2
Traylor Capital2
Visa2
10x Group1

Investment Strategy

State Farm Ventures: Led accounts for 25% and participating for 75% of round participation.All available history.
State Farm Ventures: Led accounts for 25% and participating for 75% of round participation. All available history
CategoryDeals (count)Share (%)
Led625%
Participating1875%
State Farm Ventures: Single-lead accounts for 50% and co-led for 50% of lead dynamics.All available history.
State Farm Ventures: Single-lead accounts for 50% and co-led for 50% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead350%
Co-led350%

Team

Corey Schieler

Ventures Director

Kate Strubhar
Michael Remmes

Ventures Executive

Nikhil Patel

Head of Ideation; Strategy and Scouting

Sara Frankowiak