When was State Auto Labs founded?

State Auto Labs was founded in 2017.

Where is State Auto Labs' headquarters located?

State Auto Labs' headquarters is located in Columbus ( United States ).

How many companies has State Auto Labs invested in?

State Auto Labs has invested in 10 companies, including Matterport & CAPE Analytics.

Which companies has State Auto Labs invested in lately?

Driver Technologies & Relativity6 are the latest investments by State Auto Labs.

What sectors does State Auto Labs focus on for investments?

Top sectors in State Auto Labs' portfolio are High Tech (6 investments) and Enterprise Applications (8 investments).

What stages of companies does State Auto Labs typically invest in?

State Auto Labs primarily invests in Series A and Series B stages.

State Auto Labs - 2025 Investor Profile, Portfolio & Investment Trends - Tracxn

Q: How many exits has State Auto Labs been involved in?

State Auto Labs' portfolio has seen 3 acquisitions.

1. Matterport

Provider of cloud and AI-based virtual tour solutions for construction professionals. It offers a mobile application that enables users to 3D scan using the mobile phone camera, as well as create, customize, and publish 3D models. It also offers 3D scanning systems and 3D cameras. It combines data to create one complete 3D model, which can be viewed, modified, annotated and shared using any computer and mobile phone.

Key facts about Matterport

Founded Year: 2011
Location: Sunnyvale (United States)
Annual Revenue: $136M as on Dec 31, 2022
Stage: Acquired
Total Funding till date: $163M
Employee Count: 497 as on Dec 31, 2022
Investors: GIC, The Gores Group and 38 Others
Latest Funding Round: Series D, Jul 24, 2020, $52.4M
Highlight: Acquired

2. CAPE Analytics

Provider of AI-based geospatial imagery data for the property risk investigation. It uses geospatial imagery, computer vision, and machine learning to extract and asses property risk data. It offers data and analytics solutions for insurance companies to issue quotes, reduce post-binding revisions, underwriting intelligence, and pricing management.

Key facts about CAPE Analytics

Founded Year: 2014
Location: Mountain View (United States)
Stage: Acquired
Total Funding till date: $75M
Employee Count: 78 as on Dec 31, 2024
Investors: Formation 8, DCVC and 20 Others
Latest Funding Round: Series C, Jul 14, 2021, $44M
Highlight: Acquired

3. Snapsheet

Snapsheet provides cloud-based software for auto insurance claim management. It facilitates pre and post-claim process along with the underwriting, tracking, validation, auditing and expense management. It provides AI-based automated products- appraisal, transactions, rental & asset management platform and software platform. It also offers a digital payment solution for claims disbursements.

Key facts about Snapsheet

Founded Year: 2011
Location: Chicago (United States)
Stage: Series E
Total Funding till date: $103M
Employee Count: 106 as on Dec 31, 2023
Investors: F-Prime Capital, Eight Roads Ventures and 21 Others
Latest Funding Round: Series E, Jul 19, 2023, $5M
Highlight: Editors' Pick

4. CHAMPtitles

SaaS-based database management solutions for automotive workshops. The platform offers solutions like web channel management, title management, registration management, and more.

Key facts about CHAMPtitles

Founded Year: 2018
Location: Cleveland (United States)
Stage: Series C
Total Funding till date: $45M
Investors: Rev1 Ventures, Guidewire and 5 Others
Latest Funding Round: Series C, Mar 27, 2024, $18M
Highlight: Editors' Pick

5. Driver Technologies

AI-driven dash cam apps for drivers. It provides traffic behavior insights, collision detection, roadside assistance, gas rewards, driver coaching, and more. It also provides fleet owners with options to enable safety, accident reporting, and privacy for their drivers. Their app is available for both Android and iOS.

Key facts about Driver Technologies

Founded Year: 2018
Location: New York City (United States)
Stage: Series A
Total Funding till date: $16.3M
Investors: IA Capital Group, Kapor Capital and 10 Others
Latest Funding Round: Series A, Jun 08, 2023, $6M

Want to see the entire list?

State Auto Labs has invested in 10 companies over the last 7 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in Driver Technologies and most recent follow-on round was in CAPE Analytics.

Here are State Auto Labs' Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2025 (YTD)	0	0	0
2024	0	0	0
2023	1	0	1
2022	1	0	1
2021	0	1	1
2020	0	1	1
2019	2	0	2
2018	2	0	2

View all investments by State Auto Labs

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State Auto Labs has made 3 investments in Series A stage with an average round size of $5.03M, 1 investment in Series B stage with an average round size of $17M, 1 investment in Series C stage and 1 investment in Series E stage with an average round size of $29M.

Here are State Auto Labs' investments by stage:

Note: We have considered here, only first round of investments

Stage of entry	No. of Investments
Series A	3
Series B	1
Series C	1
Series E	1

View all investments by State Auto Labs

State Auto Labs has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, FinTech, InsurTech and Artificial Intelligence - Industry Applications. Notably, it has invested in 10 Enterprise (B2B) companies, 10 Tech companies, 9 Software companies and at least 4 companies focusing on Saas.

Here are State Auto Labs' investments by sector:

Note: We have considered here, only first round of investments

Sector	No. of Investments
Enterprise Applications	5
High Tech	5
FinTech	4
InsurTech	4
Artificial Intelligence - Industry Applications	3
Others	17

View all investments by State Auto Labs

State Auto Labs has made most investments in United States (6).

View all investments by State Auto Labs

State Auto Labs has not made any investment in 2025 so far.

Here are the most recent investments by State Auto Labs:

Date	Company	Location	Round Details	Round Amount	Co-Investors
Jun 08, 2023	Driver Technologies	United States	Series A	$6M	IA Capital Group [+7]
Feb 28, 2022	Relativity6	United States	Series A	$5.25M	Fin Capital [+3]
Jul 14, 2021	CAPE Analytics	United States	Series C	$44M	Pivot Investment Partners [+7]
Nov 18, 2020	Flyreel	United States	Series A	$10M	IA Capital Group [+3]
May 20, 2019	Snapsheet	United States	Series E	$29M	Tola Capital [+6]

Get the detailed list of all investments by State Auto Labs. Download now!

See more recent investments made by State Auto Labs

3 companies from State Auto Labs' portfolio have been acquired. The most recent acquisition were CAPE Analytics in Jan 2025 by Moody's.

Here are State Auto Labs' portfolio companies that got acquired most recently:

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
CAPE Analytics	Jan 13, 2025	Jun 21, 2018	Series B	$17M
Matterport	Apr 22, 2024	May 01, 2018	Series C	Undisclosed
Flyreel	Jun 01, 2022	Mar 20, 2019	Series A	$3.85M

View all acquired companies in State Auto Labs' portfolio

Over the past 7 years, 66 investors have co-invested in State Auto Labs's portfolio companies.

Invested before State Auto Labs: Lux Capital, Y Combinator and 33 others have invested in rounds before State Auto Labs. There are 2 companies where Lux Capital has invested before State Auto Labs and 1 company where Y Combinator has invested before State Auto Labs.
Top Co-investors of State Auto Labs: 21 investors entered a company along with State Auto Labs. These include investors like The Hartford (1 company).
Invested after State Auto Labs: A total of 10 investors have invested in State Auto Labs's portfolio after their investments. Top Investors include State Farm (2 companies), Pivot Investment Partners (2 companies) and Aquiline Capital Partners (1 company).