CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / State Farm Doubles Venture Capital Effort

State Farm Doubles Venture Capital Effort

January 28, 2022 By CollisionWeek Editor

State Farm Ventures announced the expansion of its venture capital investment fund to $200 million, up from the initial commitment of $100 million in September 2018. The fund focuses on start-up companies that align with the strategic goals of State Farm, which include helping meet customers’ needs in more ways.

“Throughout our 100-year history, continuous innovation and adaptation has positioned State Farm as the leader in a highly competitive industry. We recognize that investing in innovation is key to our continued success of serving our customers, and we look forward to discovering additional opportunities for investment in diverse and

Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options. 

Filed Under: News Tagged With: State Farm, Venture Capital

Connect

  • Email
  • Facebook
  • LinkedIn
  • RSS
  • Twitter
  • YouTube

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems BASF Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Certification Collision Repair Education Foundation Copart Coronavirus Diagnostics Donations Earnings Florida General Motors I-CAR Insurance Auto Auctions Lawsuits legislation Mitchell International National Auto Body Council Network Affiliations New Jersey Non-OEM Parts Openings People PPG Industries Regulations Service King Collision Repair Centers Texas United Kingdom Women's Industry Network Workforce Development

Recent Articles

  • AAA Predicts 47.9 Million People Will Travel This July 4th June 30, 2022
  • AkzoNobel Named Exclusive Provider of Automotive Paints and Coatings to Lincoln Tech June 30, 2022
  • USAA Receives Highest Overall Score for 23rd Year in a Row from J.D. Power for Auto Insurance Satisfaction June 30, 2022
  • Verisk Launches First Notice of Loss Service June 30, 2022
  • US Department of Labor Recovers Over $47,000 in Back Wages for Utah Collision Repair Shop Employees Misclassified as Independent Contractors June 29, 2022
  • Fall HD Repair Forum September 26-27 in Cleveland June 29, 2022
  • Registration Open for I-CAR 5-Day EV Hands-On Skills Course June 29, 2022

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2021 - QuanDec Corporation - All Rights Reserved · Log in