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State Farm Ventures

State Farm Ventures

State Farm Ventures is a subsidiary of State Farm. They are a venture capital fund working to make strategic investments in companies develop products and technologies which can fulfill State Farm customer needs.

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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Homee On Demand provides 24/7 access to thousands of qualified home maintenance pros ready to work in about 30 minutes.

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