State Farm Startup Programs & Corporate Open Innovation Analysis Fintech · Insurance
In StartupBlink's Corporate Startup Activity Index, State Farm ranks #179 globally and #74 in the United States. It ranks #43 in the Fintech industry and #8 in the Insurance subindustry.
State Farm Startup Activity Metrics
State Farm has supported 26 startups through programs and investments, with those companies raising a combined $1.9 billion over the last ten years. The company currently operates 2 active startup programs.
Explore State Farm's investments, startup programs, and corporate open innovation activity
State Farm has deployed more than $250 million in startup investments through State Farm Ventures and partnership programs, strengthening its position as one of the leading innovation-driven corporations globally.
The company currently runs 2 active startup programs supporting 26 startups worldwide across industries such as Ecommerce & Retail, Fintech, Hardware & IoT, and Marketing & Sales. Its venture arm State Farm Ventures has invested in over 26 startups since it was founded in 2018.
The corporate-innovation activity is concentrated in Software & Data, Fintech, and Hardware & IoT, categories where State Farm's scale provides outsized leverage to early-stage startups.
Where State Farm-associated startups operate
Sector, HQ-city and program-location breakdowns for the startups associated with State Farm. Unlock the full breakdown with StartupBlink Pro.
State Farm Startup Programs and Corporate Venture Capital initiatives
State Farm engages startups through 2 active programs, supporting 26 startups in total based on our database.
Top startups associated with State Farm
State Farm's top 5 associated startups have raised 54% of the $1.9 billion raised in the last ten years across all 26 associated startups, led by May Mobility at $310 million. State Farm is associated with 25 active startups and 1 exit. State Farm Ventures supports the largest number of startups, with 26 associated startups.
Disclaimer: This is based on general open web search and prone to mistakes.
| Startup | SB Score | Industry | HQ city | Link Type to Corporation | Linked via |
|---|---|---|---|---|---|
 Notarize | SB 563 | Software & Data | Boston | Program Investment | State Farm Ventures |
 HopSkipDrive | SB 543 | Social & Leisure | Los Angeles | Program Investment | State Farm Ventures |
 Hover | SB 538 | Software & Data | San Francisco | Program Investment | State Farm Ventures |
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