Erie Insurance Launches Venture Capital Arm
- Erie Insurance, an Erie, PA-based auto, home, business and life insurance company, has established its venture capital arm
- ErieStrategic Ventures will invest in and offer commercial support to startups focused on the insurance industry and related spaces
- Its focus will span the personal and commercial insurance value chain as well as natural adjacencies that offer potential to deliver value to Erie customers and agents
- The fund is stage and geography agnostic but will focus primarily on early-stage investments in North America
- In addition to capital, ErieStrategic Ventures will leverage Erie’s industry leadership and value proposition to support portfolio companies
