State Farm Ventures

Lumai specializes in fully optical computing technology, harnessing photonics and machine learning to accelerate artificial intelligence processing. Its innovative processor uses beams of light for rapid data processing, enhancing energy efficiency, and reducing operational expenses.

Insurevision.ai provides accident prevention using AI

Proof operates as a technology company specializing in secure digital transactions. It provides an identity-assured transaction management platform that verifies the identities of individuals engaging in online business dealings. By confirming identities and securing transactions, Proof helps protect both businesses and their customers from fraudulent activities, fostering trust in digital environments.

OneClick Code is a data partner focused on enhancing the code-sourcing process within the roofing industry, promoting efficiency and transparency among stakeholders in construction and restoration. The platform specializes in automating jurisdictional authorities regarding building codes, permit fees, taxes, and manufacturer specifications for any address across the United States. By providing instant access to verified roofing codes, OneClick Code serves clients in contracting, insurance, and claim adjusting sectors, offering easy-to-read reports that facilitate effective communication among all parties involved in roofing claims. This innovative solution minimizes research time, streamlines paperwork, and ultimately helps clients save money on claims, positioning OneClick Code as a leader in restoration intelligence.

May Mobility, Inc. is an autonomous vehicle company based in Ann Arbor, Michigan, founded in 2017. The company specializes in developing and deploying autonomous vehicle technology to enhance public transportation systems. May Mobility operates a fleet of six-passenger electric shuttles that navigate through traffic using mapped and closed-loop routes. By analyzing city traffic and commuter patterns, the company identifies bottlenecks and optimizes transit routes for various communities. Its services aim to reduce human error in driving, lower pollution levels, and provide economic benefits to both communities and riders. Through its innovative approach, May Mobility seeks to create a safer, greener, and more efficient transportation environment.

Snapsheet is a leading provider of cloud-based claims management software. It enhances customer experience through tech-enabled appraisal services, focusing on engagement and intelligent automation. The company's Snapsheet Cloud suite improves organizational agility and delivers transformational benefits to over 100 clients, including major insurance carriers and disruptors.

PreAct Technologies is a Portland, Oregon-based company founded in 2018 that focuses on developing advanced driver-assistance systems (ADAS) and autonomous vehicle sensors to enhance automotive safety. The company aims to reduce fatalities and injuries from crashes by predicting and preparing vehicles and their occupants for imminent collisions. Its innovative technology combines a patent-pending suite of sensor technologies, computing systems, and countermeasure algorithms that enable timely responses in critical situations. By leveraging existing vehicle infrastructure, PreAct Technologies seeks to mitigate the impact of common types of crashes, potentially saving the automotive industry substantial costs while improving passenger safety. The team is comprised of seasoned experts in fields such as computer vision, optics, and parallel processing, drawing on over 15 years of research funded by DARPA in high-speed optics and computing systems.

Car IQ Inc. is a technology company that develops and operates a cloud-based vehicle management platform and payment gateway, primarily serving auto dealer groups, car sharing clients, and autonomous drivers. Founded in 2016 and based in San Francisco, California, Car IQ's innovative payment solution allows vehicles to initiate payments directly without the need for credit cards. By leveraging telematics and vehicle data, the platform connects vehicles to service and repair providers, streamlining transactions and enhancing security. It provides detailed vehicle insights for fleet management, enabling clients to monitor transactions and reduce the risk of fraud. Additionally, Car IQ consolidates all transactions into a single ledger, simplifying reconciliation and allowing fleets to manage their expenses more effectively.

PreAct Technologies is a Portland, Oregon-based company founded in 2018 that focuses on developing advanced driver-assistance systems (ADAS) and autonomous vehicle sensors to enhance automotive safety. The company aims to reduce fatalities and injuries from crashes by predicting and preparing vehicles and their occupants for imminent collisions. Its innovative technology combines a patent-pending suite of sensor technologies, computing systems, and countermeasure algorithms that enable timely responses in critical situations. By leveraging existing vehicle infrastructure, PreAct Technologies seeks to mitigate the impact of common types of crashes, potentially saving the automotive industry substantial costs while improving passenger safety. The team is comprised of seasoned experts in fields such as computer vision, optics, and parallel processing, drawing on over 15 years of research funded by DARPA in high-speed optics and computing systems.

Get Covered is a technology company that specializes in creating digital solutions tailored for the insurance industry. The company offers an automated platform designed to streamline the processes of buying, selling, and managing insurance products, making them more efficient and user-friendly. Its services include policy administration, certificate of insurance tracking, and customizable customer-facing websites. Get Covered provides a range of adaptable insurance products specifically for the real estate sector, catering to the needs of insurance carriers, agencies, property managers, landlords, and membership associations. By focusing on simplifying these processes, Get Covered enables its clients to better serve their customers and effectively deliver insurance solutions.

Elpha Secure is a cybersecurity solutions provider focused on safeguarding small and medium-sized businesses from evolving cyber threats. The company offers a comprehensive cyber risk intelligence and analysis platform that detects and mitigates risks in real time, ensuring businesses can respond effectively to potential attacks. Elpha Secure's services include on-demand data backup and restoration, as well as intelligent insights to enhance security measures. Additionally, the company provides scalable and affordable cyber insurance coverage, supported by a team of incident response professionals and backed by an AM Best A-rated carrier. Their cybersecurity software is developed and maintained in-house, with validation from a leading third-party security provider, ensuring robust protection against cyber risks.

May Mobility, Inc. is an autonomous vehicle company based in Ann Arbor, Michigan, founded in 2017. The company specializes in developing and deploying autonomous vehicle technology to enhance public transportation systems. May Mobility operates a fleet of six-passenger electric shuttles that navigate through traffic using mapped and closed-loop routes. By analyzing city traffic and commuter patterns, the company identifies bottlenecks and optimizes transit routes for various communities. Its services aim to reduce human error in driving, lower pollution levels, and provide economic benefits to both communities and riders. Through its innovative approach, May Mobility seeks to create a safer, greener, and more efficient transportation environment.

Owl Autonomous Imaging, Inc. is a technology company founded in 2018 and headquartered in Fairport, New York. The company specializes in developing advanced imaging solutions, including a two-color infrared camera designed for the US Air Force and a cutting-edge 4D camera that integrates 1550nm Flash-LiDAR with thermal imaging. These innovations target the automotive mobility and industrial markets, offering Monocular 3D Thermal Ranging™ capabilities that enhance safety in various conditions by leveraging deep learning techniques to produce dense range maps from heat signatures without the need for external illumination. Co-founded by Chuck Gershman, who has extensive experience in the semiconductor industry and a track record of successful entrepreneurial ventures, Owl Autonomous Imaging aims to revolutionize how sensing technology is applied in autonomous vehicles and other sectors.

Hemlane is a nationwide property management platform empowering rental owners to remotely manage their properties using transparent online tools. It connects owners with local real estate professionals for specific leasing and management tasks, streamlining the entire lifecycle of rental management.

Nexar develops a mobile application called Dashcam, which uses AI and computer vision to predict and prevent road accidents. The app records the road while driving, detects hard breaks or accidents, and automatically uploads incident footage to the cloud. Nexar's mission is to make roads safer by connecting vehicles through its smart dashcam technology.

PreAct Technologies is a Portland, Oregon-based company founded in 2018 that focuses on developing advanced driver-assistance systems (ADAS) and autonomous vehicle sensors to enhance automotive safety. The company aims to reduce fatalities and injuries from crashes by predicting and preparing vehicles and their occupants for imminent collisions. Its innovative technology combines a patent-pending suite of sensor technologies, computing systems, and countermeasure algorithms that enable timely responses in critical situations. By leveraging existing vehicle infrastructure, PreAct Technologies seeks to mitigate the impact of common types of crashes, potentially saving the automotive industry substantial costs while improving passenger safety. The team is comprised of seasoned experts in fields such as computer vision, optics, and parallel processing, drawing on over 15 years of research funded by DARPA in high-speed optics and computing systems.

Whisker Labs is a technology company focused on enhancing home safety through innovative sensor technology that predicts and prevents electrical fires. Its primary product, the Ting sensor, utilizes advanced electromagnetic and atmospheric sensing combined with artificial intelligence to detect electrical faults within homes and monitor the broader U.S. electrical grid. By simply plugging the Ting sensor into a wall outlet, users gain the ability to identify and mitigate potential fire hazards before they escalate. The device has been shown to prevent four out of five home electrical fires, thereby reducing fire-related losses and protecting lives. With a rapidly expanding network, Whisker Labs currently safeguards approximately 750,000 homes, adding 50,000 new households each month, making its Ting Sensor Network an essential resource for promoting grid resiliency and home safety.

Homee is a technology platform that connects insurers, policyholders, and service providers to streamline home-related services and insurance claims. It supports scheduled and emergency mitigations and repairs, enabling the digital management of the claims-to-service workflow and coordinating a network of restoration contractors, plumbers, electricians, and other professionals. The platform serves homeowners, renters, and property managers by facilitating access to trusted service providers for home repairs, maintenance, and claim-related services.

Phiar Technologies, a Boston-based company established in 2017, specializes in developing artificial intelligence solutions for vehicles. Its core product is an ultra-lightweight spatial AI engine that enables vehicles to perceive their surroundings in real-time using just a single camera and commodity mobile-grade processors. Phiar's initial focus is powering its Intelligent AR Navigation Platform, which provides drivers with safe and intuitive routing directions without requiring them to look away from the road.

Car IQ Inc. is a technology company that develops and operates a cloud-based vehicle management platform and payment gateway, primarily serving auto dealer groups, car sharing clients, and autonomous drivers. Founded in 2016 and based in San Francisco, California, Car IQ's innovative payment solution allows vehicles to initiate payments directly without the need for credit cards. By leveraging telematics and vehicle data, the platform connects vehicles to service and repair providers, streamlining transactions and enhancing security. It provides detailed vehicle insights for fleet management, enabling clients to monitor transactions and reduce the risk of fraud. Additionally, Car IQ consolidates all transactions into a single ledger, simplifying reconciliation and allowing fleets to manage their expenses more effectively.

Cape Analytics develops a platform leveraging AI, geospatial imagery, computer vision, and machine learning to instantly extract property data. This enables insurance companies to assess properties accurately during underwriting, replacing the need for on-site inspections.

HOVER Inc. is a technology company based in San Francisco, California, founded in 2011. It specializes in developing a home measurement application that generates interactive 3D models of properties using computer vision and 3D mapping technology. The application serves various users, including homeowners, contractors, and insurance professionals, by providing accurate exterior measurements and visualizations of properties with just a few smartphone photos. This technology enables homeowners to visualize potential renovations and receive estimates from contractors, while also assisting insurance markets in estimating and adjusting claims efficiently. HOVER aims to simplify the homeowner journey by making project visualization and cost estimation more accessible and engaging. The company has established a strategic partnership with SRS Distribution Inc. to further enhance its offerings in the home improvement industry.

Replicant Solutions, Inc., established in 2017, specializes in developing an AI-driven voice platform that enables machines to engage in conversations with customers. Its platform offers services such as virtual agent, AI-powered IVR, omnichannel support, and analytics, serving sectors like retail, insurance, and customer services. With a focus on understanding complex speech patterns, Replicant aims to improve customer experience and reduce costs by automating common support calls. The company operates from multiple locations in the US and Canada, as well as Sweden.

Homee is a technology platform that connects insurers, policyholders, and service providers to streamline home-related services and insurance claims. It supports scheduled and emergency mitigations and repairs, enabling the digital management of the claims-to-service workflow and coordinating a network of restoration contractors, plumbers, electricians, and other professionals. The platform serves homeowners, renters, and property managers by facilitating access to trusted service providers for home repairs, maintenance, and claim-related services.

HopSkipDrive, Inc. is a transportation service provider that specializes in ridesharing for children aged five and older. Founded in 2014 and headquartered in Los Angeles, California, the company offers a platform that allows parents to pre-schedule rides for their children with vetted drivers, ensuring safe and reliable transportation to schools and activities. HopSkipDrive serves a diverse clientele, including families, schools, and government agencies, and has established contracts with over 400 school districts. The company operates in 21 major markets across 12 states, having successfully transported 2 million riders to more than 16,000 schools while covering over 20 million miles. Its focus on child safety and dependable service distinguishes it in the transportation sector.

Cape Analytics develops a platform leveraging AI, geospatial imagery, computer vision, and machine learning to instantly extract property data. This enables insurance companies to assess properties accurately during underwriting, replacing the need for on-site inspections.

Homee is a technology platform that connects insurers, policyholders, and service providers to streamline home-related services and insurance claims. It supports scheduled and emergency mitigations and repairs, enabling the digital management of the claims-to-service workflow and coordinating a network of restoration contractors, plumbers, electricians, and other professionals. The platform serves homeowners, renters, and property managers by facilitating access to trusted service providers for home repairs, maintenance, and claim-related services.

LiveOak Technologies, Inc. is a software company based in Austin, Texas, that offers a cloud-based platform designed to enhance real-time communication, collaboration, and eSignature capabilities for financial processes. The platform facilitates seamless collaboration among users through video conferencing, audio, and text chat, while also allowing for the capture and storage of compliant data. Founded in 2014, LiveOak Technologies aims to improve workflow for paperwork and forms by providing tools that enable companies to communicate effectively and sign documents in real-time, ultimately reducing errors and increasing efficiency in complex digital transactions. The company operates as a subsidiary of DocuSign, Inc.