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Legal Name
State Farm Ventures LLC
Parent Organization
Number of Employees (Ranges)
1 – 100
Founded Date
2018
0Venture Capital Firm attributes
Invested in
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Company Operating Status
Active
State Farm Ventures is a venture capital subsidiary of State Farm. They were founded in 2018 with $100 million to invest. Led by Michael Remmes, State Farm Ventures seeks strategic investments in companies developing products and technologies to fulfill customer needs.
Investment
State Farm Ventures invested in HOMEE, a startup develop on-demand home services platform for homeowners and property managers, during their $15 million Series B in August 2019.
State Farm Ventures participated in Liveoak Technologies Series A which raised $8 million in June 2019. Liveoak Technologies is an enterprise cloud company.
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