How we
invest —
Fund I focuses on Series A and later-stage investments in companies with strategic value for Allstate, aiming for commercial engagement within 18 months.
Fund II invests from Seed stage onwards, aiming for strong financial returns and strategic alignment with the insurance industry and Allstate. Investments don't need immediate commercial paths, allowing broader exploration.
Fund III focuses on emerging global trends in tech and insurance, providing Allstate with insights into future opportunities and disruptive technologies, without expecting near-term commercial adoption.
The team —
Founded in 2015, the Allstate Strategic Ventures (ASV) team offers expertise in venture capital, finance, insurance, and technology built upon the foundation of 75+ years in venture capital and 45+ years in insurance. Our diverse backgrounds — including investment banking, insurance claims, and founding roles in technology companies — provide unique perspectives and deep networks that help our portfolio companies grow.
Why partner with Allstate strategic ventures?
Strategic capital source
As a leader in the property and casualty insurance market and with the backing of Fortune 100 assets and know-how, ASV can provide access to a blue-chip anchor customer with the potential for recurring revenue.
Business expertise
ASV is positioned to help your company better understand use cases at Allstate and help you build products that will be successful in the insurance industry and adjacent sectors.
Supportive investor
ASV is a highly collaborative partner with patient capital. We are committed to a mutually beneficial long-term relationship.
Efficient corporate partnership
The relationships ASV has built with internal business partners allow us to expedite your path to commercial engagement with Allstate.
An introductory note that provides:
- A description of your company and its value propositions
- An overview of what makes your technology/solution unique
- An explanation of how your company can provide a solution for Allstate
An investment overview deck that contains:
- Problem being solved
- Addressable market
- Competitive landscape
- Solution description
- High-level financials
- Management team
