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Erie Strategic Ventures

Erie Insurance is proud to introduce Erie Strategic Ventures, our corporate venture capital investment division dedicated to investing in and providing commercial support to visionary entrepreneurs. 

About Erie Insurance

Founded in 1925 in Erie, Pa. by two men with a vision, Erie Insurance has grown into a publicly-held Fortune 500 company with over 6,000 employees, 13,000 agents and 6 million policies in force. For nearly 100 years, we’ve been dedicated to providing customers with auto, home, business, and life insurance rooted in the principles of honesty, decency, and service. 

industry rankings

We're a regional insurer that ranks highly among much larger national companies.

12th

Largest auto insurer in the U.S.1

12th

Largest home insurer in the U.S.1

13th

Largest business insurer in the U.S.2

  • 1

    Based on direct premiums written, Best’s Insurance Reports 2022

  • 2

    Based on direct premiums written, commercial multi-peril writers, Best's Insurance Reports 2022

erie's value add

Industry Expertise

Development Potential

Network Capabilities

Investment

Erie Strategic Ventures logo

Erie Strategic Ventures will invest across the personal and commercial insurance value chain as well as natural adjacencies that offer potential to deliver value to ERIE customers and agents.

Ultimately, investments will enhance ERIE’s existing value proposition, support our independent agent base and allow ERIE to explore new growth opportunities that complement our business model.

Stage

While we are primarily focused on early-stage capital investments, it doesn’t matter what stage of building out your business you are in.

Geography

We invest globally with an emphasis on North America.

Investment Size

Based on stage, the typical investment will range from $1M to $3M+. We reserve capital for future financing rounds and are flexible on leading or participating in rounds.

Investment themes

  • Insurance  - innovation in areas like risk avoidance, claims, underwriting, digital sales and agency productivity tools
  • Services for ‘Home’ - help customers protect and manage their homes and lifestyle
  • 'Family' Services - help customers care for the most important people (and pets) in their lives
  • Services for Small Business - help businesses create efficiencies and better serve their customers

Meet the team

Erie Insurance has partnered with Touchdown Ventures. Our combined team has significant insurance industry and corporate venture capital experience. 

Touchdown Ventures partners with corporations to manage their venture capital programs. Touchdown works closely with each corporation to achieve the financial and strategic benefits from venture capital investments. The firm maintains offices in Los Angeles, Philadelphia, and San Francisco.

press center

Press Releases

Visit our press release center for the latest news from Erie Strategic Ventures

Latest News

View ERIE's announcement on the launch of Erie Strategic Ventures

News Room

Exciting things are always happening at Erie Insurance. Visit our newsroom for the latest news, achievements and awards from ERIE.