Allstate Strategic Ventures Overview
- Investor Type
-
Venture Capital
- Status
-
Active
- Professionals
-
3
- Investments
-
7
- Portfolio
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4
- Exits
-
2
Allstate Strategic Ventures General Information
Company Description
Founded in 2015, Allstate Strategic Ventures is the corporate venture capital arm of Allstate Insurance Company based in Northbrook, Illinois. The firm prefers to invest in seed-stage, early-stage, and later-stage companies. The firm seeks to invest in insurance technology, fintech, digital health, mobility models, internet of things, gig economy, cybersecurity, deep technology, and frontier technology sectors.
Business Details
Year Founded
Investor Status
Primary Investor Type
Corporate Office
- 2775 Sanders Road
- Northbrook, IL 60062
- United States
Allstate Strategic Ventures Investments (7)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Matic (Insurance Brokers) | 11-Oct-2023 | Later Stage VC | Insurance Brokers | Generating Revenue | ||
| Moderne | 07-Feb-2023 | Network Management Software | Generating Revenue | |||
| Inrupt | 17-Nov-2021 | Internet Software | Generating Revenue | |||
| Stride (Insurance) | 26-Oct-2021 | Other Insurance | Generating Revenue | |||
| Prevailion | 01-Apr-2021 | Network Management Software | Out of Business | |||
| Stride (Insurance) | 03-Oct-2019 | Later Stage VC | Other Insurance | Generating Revenue | ||
| Amenity Analytics | 15-Apr-2019 | Early Stage VC | Business/Productivity Software | Generating Revenue |
Allstate Strategic Ventures Exits (2)
| Company Name | Exit Date | Exit Type | Exit Size |
|---|---|---|---|
| Prevailion | 15-May-2024 | Out of Business | |
| Amenity Analytics | 29-Nov-2022 |
Allstate Strategic Ventures Investments by Industry, Year, and Region
Investments by Industry
Investments by Year
Investments by Region
Allstate Strategic Ventures Management, Team & Partners (6)
| Name | Title | Deals | Funds | Boards | Office |
|---|---|---|---|---|---|
| Tarik Galijasevic | Managing Director & Vice President | Northbrook, IL | |||
| Josh Lumer | Principal | Northbrook, IL | |||
| Francis Lowry | Principal, Europe | Northbrook, IL | |||
| Reese Schroeder JD | Investor | Northbrook, IL |
Allstate Strategic Ventures Co-Investors (35)
| Name | With | Exits | Lead Partner | Series | Industry |
|---|---|---|---|---|---|
| IA Capital Group | 1 |
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| Intel Capital |
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| MasterCard |
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| True Ventures |
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| Venrock |
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Allstate Strategic Ventures FAQs
-
What is Allstate Strategic Ventures?
Founded in 2015, Allstate Strategic Ventures is the corporate venture capital arm of Allstate Insurance Company based in Northbrook, Illinois.
-
When was Allstate Strategic Ventures founded?
Allstate Strategic Ventures was founded in 2015.
-
Where is Allstate Strategic Ventures headquartered?
Allstate Strategic Ventures is headquartered in Northbrook, IL.
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How many investments has Allstate Strategic Ventures made?
Allstate Strategic Ventures has made 7 investments.
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What has Allstate Strategic Ventures invested in?
Allstate Strategic Ventures has made numerous investments in companies like Matic (Insurance Brokers), Moderne, and Inrupt within the Insurance Brokers, Network Management Software, and Internet Software industries.
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What has Allstate Strategic Ventures invested in recently?
Allstate Strategic Ventures's latest investment was on 11-Oct-2023 in Matic (Insurance Brokers), a company within the Insurance Brokers industry.
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