Liberty Mutual Strategic Ventures is a $150M corporate venture fund backed by Liberty Mutual Insurance. We invest in insurtech, fintech, and adjacencies across the future of shelter, mobility, commerce, and insurance innovation. We are focused on property and casualty across personal and commercial lines; we do not invest in life or health startups. We primarily invest in the United States, but will evaluate startups that operate across Liberty Mutual’s global footprint.
Crux is the capital markets technology company changing the way clean energy and manufacturing projects are financed in the U.S. Crux’s platform, market intelligence, and expert team help developers and manufacturers raise capital through all stages of project development and operation. The company’s first offering is the leading platform for tax credit transfers. Since its launch in 2023, Crux has raised more than $27 million in funding from venture capital and strategic investors. Crux’s world-class team brings together expertise from energy, tax, finance, government, and technology to power an abundant, resilient, and secure energy future. For more information, visit https://www.cruxclimate.com/.
Roots Automation
Series B in 2024
Roots Automation, Inc. specializes in developing digital coworkers that automate common business tasks primarily for the insurance, healthcare, and financial sectors. Founded in 2018 and based in New York, the company offers a cognitive process automation platform that leverages robotic process automation and artificial intelligence. Its Agentic AI platform is designed to enhance operational efficiency with quick implementation and high accuracy, allowing organizations to streamline complex workflows and focus on customer service. Roots Automation's solutions include cloud-based digital coworkers and the advanced InsurGPT model, which is tailored for the insurance market and improves data extraction and inferencing while reducing errors. The company serves notable clients, including major property and casualty carriers and top brokers, helping them reduce operating costs and enhance operational capabilities.
Trunk Tools
Series A in 2024
Trunk Tools offers an AI-driven platform designed to automate construction-specific workflows. The company focuses on enhancing team efficiency in the construction industry through tailored solutions. It supports a wide range of users, including superintendents and project managers, to streamline operations on job sites.
Pyte
Venture Round in 2024
Pyte is a provider of secure data collaboration solutions that enables enterprises to share and utilize data while preserving confidentiality throughout the data lifecycle. The company’s innovative technology allows for computations on encrypted data without the need for decryption, facilitating seamless data access across various cloud environments and jurisdictions. This capability ensures compliance with privacy regulations and reduces the risk of data breaches. Pyte's platform supports diverse applications, from co-marketing to drug discovery and fraud detection, empowering businesses to collaborate effectively while safeguarding sensitive information. Founded by experts in secure computation, Pyte's team includes individuals with extensive academic backgrounds and accolades in the field.
Driver Technologies
Venture Round in 2023
Driver Technologies Inc. is a New York-based company that specializes in mobile application software focused on enhancing road safety. Founded in 2017, the company offers a hardware-free app that allows users to video record their trips while providing real-time alerts about potential hazards, such as the risk of colliding with other vehicles or pedestrians, lane drifting, and drowsiness. The app incorporates voice control features, facilitating safe access to entertainment, news, and navigation services without requiring physical interaction. Additionally, Driver Technologies aims to help users document their driving experiences, which can be useful for insurance purposes and improving overall safety on the road.
Hyro
Series B in 2023
Hyro is a developer of a conversational artificial intelligence platform that simplifies user interactions across various digital channels. The platform leverages natural language understanding to create plug-and-play AI assistants that enable users to engage with information through voice or chat. By automatically building a knowledge graph from existing content, Hyro allows organizations to deploy and maintain their solutions with minimal friction, eliminating the need for extensive integration, playbooks, or training data. Additionally, the platform includes advanced analytics and conversation editing capabilities, enabling businesses to customize navigation and enhance customer engagement effectively.
Roots Automation
Series A in 2022
Roots Automation, Inc. specializes in developing digital coworkers that automate common business tasks primarily for the insurance, healthcare, and financial sectors. Founded in 2018 and based in New York, the company offers a cognitive process automation platform that leverages robotic process automation and artificial intelligence. Its Agentic AI platform is designed to enhance operational efficiency with quick implementation and high accuracy, allowing organizations to streamline complex workflows and focus on customer service. Roots Automation's solutions include cloud-based digital coworkers and the advanced InsurGPT model, which is tailored for the insurance market and improves data extraction and inferencing while reducing errors. The company serves notable clients, including major property and casualty carriers and top brokers, helping them reduce operating costs and enhance operational capabilities.
Tarci
Series A in 2022
Tarci is a New York-based company founded in April 2019 by Leetal Gruper, specializing in optimizing customer data to enhance sales outcomes for data and commercial teams. The company offers a business sales platform that leverages artificial intelligence to improve sales conversion rates by identifying warm B2B leads based on real-time events. By aggregating information from various online sources, Tarci enables businesses to increase their productivity and effectively target potential customers.
Azibo
Series A in 2022
Azibo is a financial services platform for rental properties that provides solutions for rent collection, banking, lending, and insurance. The company was founded in 2018 and is headquartered in Reno, Nevada.
Altus Power
Post in 2021
Altus Power is a clean electrification company focused on developing, owning, and operating large-scale solar photovoltaic and energy storage systems throughout the United States. It serves a variety of clients, including commercial, industrial, public sector, and community solar customers. Altus Power's approach involves deploying capital to construct clean energy systems on commercial buildings, properties, schools, and municipal facilities. The electricity generated from these systems is sold to the host entities or utilities at a reduced rate compared to grid prices, allowing hosts to benefit from discounted energy without any upfront investment. Additionally, Altus Power offers long-term agreements that can include leases and revenue contracts for solar power generation, as well as electric vehicle charging and energy storage solutions, contributing to its mission of advancing the clean energy transition.
Karamba Security
Series B in 2021
Karamba Security Ltd. specializes in developing cybersecurity software tailored for connected vehicles and other IoT systems. Founded in 2015 and based in Bloomfield Hills, Michigan, the company focuses on securing the electronic control units (ECUs) within vehicles, offering solutions that detect and prevent cyberattacks. Its technology safeguards the critical components of a vehicle, including telematics, infotainment, and on-board diagnostics, ensuring that only valid code operates on the controllers and protecting against unauthorized access to the Controller Area Network (CAN Bus). Karamba's patented solutions are designed to be embedded within devices, operating autonomously with minimal performance impact. The company serves automotive manufacturers and Tier-1 system providers, helping them comply with global cybersecurity regulations while maintaining efficient R&D and production processes.
HOMEE
Series B in 2021
Homee, Inc. is a technology platform founded in 2017 and based in Tampa, Florida, that connects homeowners, renters, and property managers with service providers for home services and claims processes. The mobile application facilitates the hiring of skilled professionals such as handymen, plumbers, electricians, and HVAC specialists. Additionally, Homee's platform serves insurers and policyholders by streamlining the claims process and offering tools for scheduled and emergency repairs. The network of registered contractors specializes in handling claims and repair services, enhancing the efficiency of the service delivery and improving client satisfaction.
Blueprint Title
Series B in 2021
Blueprint Title provides a modern solution for title insurance and real estate closings. The company focuses on streamlining residential real estate transactions by coordinating the necessary steps and issuing title policies that safeguard buyers against unforeseen claims on properties. By catering to real estate investors and lenders, Blueprint Title simplifies the closing process, ensuring a more efficient and secure experience for all parties involved.
Realm
Series A in 2021
Realm is a platform that delivers data and property insights to help homeowners make informed decisions regarding their real estate investments. By analyzing property, financial, regulatory, and personal data, Realm provides tailored insights and recommendations aimed at enhancing property value, reducing costs, generating rental income, and improving overall living experiences. This comprehensive approach enables homeowners to better navigate the complexities of property management and investment, ultimately fostering more profitable and enjoyable ownership.
Edge Case Research
Series A in 2021
Edge Case Research, Inc. specializes in developing software products and safety systems for companies involved in the creation of self-driving vehicles. The company provides innovative solutions such as Hologram, a platform designed to identify and resolve edge cases that can challenge machine learning systems, and Switchboard, a cloud-based tool for automated robustness testing that assesses the safety and reliability of complex software. Utilizing Model-based Iterative System Safety Analysis, Edge Case Research effectively identifies safety risks associated with advanced technologies. In addition to its software offerings, the company provides assessments of embedded software best practices and training for software testing. Edge Case Research serves a range of industries, including autonomous vehicles, robotics, consumer electronics, and industrial controls, with a commitment to promoting safe autonomous mobility. Founded in 2013, the company is headquartered in Pittsburgh, Pennsylvania, with an additional office in Unterschleißheim, Germany.
Super
Series C in 2021
Super is an insurtech company that offers a subscription service for home care and repair.
Realm
Seed Round in 2021
Realm is a platform that delivers data and property insights to help homeowners make informed decisions regarding their real estate investments. By analyzing property, financial, regulatory, and personal data, Realm provides tailored insights and recommendations aimed at enhancing property value, reducing costs, generating rental income, and improving overall living experiences. This comprehensive approach enables homeowners to better navigate the complexities of property management and investment, ultimately fostering more profitable and enjoyable ownership.
LeaseLock
Series B in 2021
LeaseLock Inc. is an insurance technology company that provides lease guarantor services for renters by replacing traditional security deposits with insurance. Founded in 2013 and based in Marina Del Rey, California, LeaseLock streamlines the rental process through its online application, eliminating the need for cosigners and facilitating instant lease approvals. The company's flagship product utilizes artificial intelligence to optimize coverage based on property history, resulting in significant improvements in conversion rates and reduced vacancy for property owners. LeaseLock has insured over $1 billion in leases, backed by insurance rated A (Excellent) by A.M. Best. The company has strategic partnerships with notable investors, including SoftBank Ventures Asia and Liberty Mutual Strategic Ventures, which support its mission to enhance the rental experience and minimize financial risks for apartment operators.
Driver Technologies
Venture Round in 2021
Driver Technologies Inc. is a New York-based company that specializes in mobile application software focused on enhancing road safety. Founded in 2017, the company offers a hardware-free app that allows users to video record their trips while providing real-time alerts about potential hazards, such as the risk of colliding with other vehicles or pedestrians, lane drifting, and drowsiness. The app incorporates voice control features, facilitating safe access to entertainment, news, and navigation services without requiring physical interaction. Additionally, Driver Technologies aims to help users document their driving experiences, which can be useful for insurance purposes and improving overall safety on the road.
HOMEE
Venture Round in 2020
Homee, Inc. is a technology platform founded in 2017 and based in Tampa, Florida, that connects homeowners, renters, and property managers with service providers for home services and claims processes. The mobile application facilitates the hiring of skilled professionals such as handymen, plumbers, electricians, and HVAC specialists. Additionally, Homee's platform serves insurers and policyholders by streamlining the claims process and offering tools for scheduled and emergency repairs. The network of registered contractors specializes in handling claims and repair services, enhancing the efficiency of the service delivery and improving client satisfaction.
SingularCover
Series A in 2020
SingularCover is an online insurance provider tailored specifically for small businesses, including SMEs and self-employed individuals. The company utilizes data analytics and artificial intelligence to generate personalized insurance policies, ensuring that the coverage meets the unique needs of each client. By streamlining the application process, SingularCover allows users to obtain quotes and set up monthly payment plans with minimal bureaucracy, making it easy to understand and purchase insurance in just a few clicks. This focus on simplicity and efficiency helps businesses save time while securing the necessary protection.
Blueprint Title
Series A in 2020
Blueprint Title provides a modern solution for title insurance and real estate closings. The company focuses on streamlining residential real estate transactions by coordinating the necessary steps and issuing title policies that safeguard buyers against unforeseen claims on properties. By catering to real estate investors and lenders, Blueprint Title simplifies the closing process, ensuring a more efficient and secure experience for all parties involved.
REIN
Series A in 2019
REIN is a developer of an insurer-technology platform that addresses the challenges of creating insurance products within digital ecosystems. The platform leverages data science tools to enhance eligibility, underwriting, and loss prevention processes. By providing data-driven insights, REIN enables insurance businesses to navigate the complexities of the market and deliver personalized coverage options to consumers at the right moment. This adaptability is particularly vital in a landscape marked by evolving risks and changing customer behaviors, allowing insurers to offer tailored, usage-based solutions that meet the increasing demand for relevant and responsive insurance coverage.
HOMEE
Series B in 2019
Homee, Inc. is a technology platform founded in 2017 and based in Tampa, Florida, that connects homeowners, renters, and property managers with service providers for home services and claims processes. The mobile application facilitates the hiring of skilled professionals such as handymen, plumbers, electricians, and HVAC specialists. Additionally, Homee's platform serves insurers and policyholders by streamlining the claims process and offering tools for scheduled and emergency repairs. The network of registered contractors specializes in handling claims and repair services, enhancing the efficiency of the service delivery and improving client satisfaction.
Edge Case Research
Seed Round in 2019
Edge Case Research, Inc. specializes in developing software products and safety systems for companies involved in the creation of self-driving vehicles. The company provides innovative solutions such as Hologram, a platform designed to identify and resolve edge cases that can challenge machine learning systems, and Switchboard, a cloud-based tool for automated robustness testing that assesses the safety and reliability of complex software. Utilizing Model-based Iterative System Safety Analysis, Edge Case Research effectively identifies safety risks associated with advanced technologies. In addition to its software offerings, the company provides assessments of embedded software best practices and training for software testing. Edge Case Research serves a range of industries, including autonomous vehicles, robotics, consumer electronics, and industrial controls, with a commitment to promoting safe autonomous mobility. Founded in 2013, the company is headquartered in Pittsburgh, Pennsylvania, with an additional office in Unterschleißheim, Germany.
REIN
Venture Round in 2018
REIN is a developer of an insurer-technology platform that addresses the challenges of creating insurance products within digital ecosystems. The platform leverages data science tools to enhance eligibility, underwriting, and loss prevention processes. By providing data-driven insights, REIN enables insurance businesses to navigate the complexities of the market and deliver personalized coverage options to consumers at the right moment. This adaptability is particularly vital in a landscape marked by evolving risks and changing customer behaviors, allowing insurers to offer tailored, usage-based solutions that meet the increasing demand for relevant and responsive insurance coverage.
LeaseLock
Series A in 2018
LeaseLock Inc. is an insurance technology company that provides lease guarantor services for renters by replacing traditional security deposits with insurance. Founded in 2013 and based in Marina Del Rey, California, LeaseLock streamlines the rental process through its online application, eliminating the need for cosigners and facilitating instant lease approvals. The company's flagship product utilizes artificial intelligence to optimize coverage based on property history, resulting in significant improvements in conversion rates and reduced vacancy for property owners. LeaseLock has insured over $1 billion in leases, backed by insurance rated A (Excellent) by A.M. Best. The company has strategic partnerships with notable investors, including SoftBank Ventures Asia and Liberty Mutual Strategic Ventures, which support its mission to enhance the rental experience and minimize financial risks for apartment operators.
Turo
Series D in 2017
Turo Inc. operates an online peer-to-peer car rental marketplace that connects local car owners with travelers seeking to rent vehicles. Founded in 2009 and based in San Francisco, California, the platform allows owners to list their cars for rent, offering a diverse selection of vehicles at competitive prices. Travelers can choose from various options for local pickup, city delivery, and airport delivery. This model not only provides convenient access to cars for renters but also enables owners to generate income from their vehicles. Turo aims to create a community of trusted hosts and guests, facilitating a seamless car-sharing experience.
Dispatch
Series A in 2017
Dispatch is the operating system that empowers modern service experiences for the world’s largest service brands. Our platform connects the enterprise, service provider, and customer together to create a world-class service experience that surpasses the rising expectations of the modern-day market.
Karamba Security
Series B in 2017
Karamba Security Ltd. specializes in developing cybersecurity software tailored for connected vehicles and other IoT systems. Founded in 2015 and based in Bloomfield Hills, Michigan, the company focuses on securing the electronic control units (ECUs) within vehicles, offering solutions that detect and prevent cyberattacks. Its technology safeguards the critical components of a vehicle, including telematics, infotainment, and on-board diagnostics, ensuring that only valid code operates on the controllers and protecting against unauthorized access to the Controller Area Network (CAN Bus). Karamba's patented solutions are designed to be embedded within devices, operating autonomously with minimal performance impact. The company serves automotive manufacturers and Tier-1 system providers, helping them comply with global cybersecurity regulations while maintaining efficient R&D and production processes.
Snapsheet
Series C in 2016
Snapsheet is a cloud-native claims management software company that specializes in transforming the end-to-end claims process through digitization and intelligent automation. The company offers a comprehensive suite of services, including electronic intake of first notice of loss (FNOL), data investigation, technology-assisted investigation, claims assessment, and digital payment processing for settlements. By leveraging its technology-enabled appraisal services, Snapsheet enhances customer experience and increases organizational agility for its clients. The company is known for deploying one of the fastest digital auto insurance claims processes in the United States. As a trusted innovation partner, Snapsheet collaborates with over 100 clients, including major insurance carriers, third-party administrators, and disruptors in the insurtech and sharing economy sectors.
Notion
Seed Round in 2016
Notion is a smart self-monitoring system that empowers home and property owners to be proactive in protecting their spaces, people, and possessions. The company offers data analytics, intuitive user experience, and an all-in-one, the oreo-sized sensor that allows for real-time alerts ranging from motion and temperature to water leaks and alarms so that customers can be notified of issues at home instantly. The company was established by Brett Jurgens and Ryan Margoles in 2013 and it is headquartered in Denver, Colorado.
Roadster
Series A in 2016
Roadster is a developer of an automotive e-commerce platform that simplifies the car buying process for consumers and dealerships alike. Its proprietary technology enables dealerships to create digital storefronts on their websites, facilitating a seamless experience whether customers are shopping in-store, online, or on the go. The platform integrates essential features such as car pricing, trade-in values, and financing options, allowing dealers to adopt a multichannel sales approach. This innovation enhances customer satisfaction, increases sales close rates, and reduces the time required for the sales process, ultimately lowering sales costs for dealerships.
August Home
Venture Round in 2016
August Pro is a division of August Home Inc., a company that specializes in smart home access products designed to enhance home security and user control. Founded in 2012 and based in San Francisco, August Home develops innovative solutions like the August Smart Lock, which enables users to replace traditional keys with smartphone access. This technology allows homeowners to create virtual keys for various individuals, such as house cleaners and delivery services, and manage access duration remotely via smartphones or computers. August Pro specifically caters to professional smart home installers, providing them with the tools and products needed to implement these advanced access systems effectively. As a subsidiary of ASSA ABLOY AB, August Home continues to focus on creating seamless and secure home environments.
Artel Video Systems
Series B in 2000
At Artel, they recognize the changes and leveraged their 30 years of video transport experience to develop DigiLink, a reliable and simple-to-deploy media transport platform designed to take advantage of newer networks. The result is a space efficient, low power, easy-to-deploy and manage platform with thousands of successful deployments worldwide and an unparalleled reputation for reliability. DigiLink is also the most flexible platform on the market integrating video and Ethernet routing with fiber, IP, and optical network transport capabilities. DigiLink combined with their long history of exceptional customer service, and free lifetime technical support and training make Artel the ideal partner for your media transport needs.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.