LM
Liberty Mutual Strategic Ventures
Corporate VC · Founded 2015 · Boston, United States
Who Liberty Mutual Strategic Ventures is.
- Historical Background
- Liberty Mutual Strategic Ventures was established in 2015 as the corporate venture capital arm of Liberty Mutual Insurance. The firm launched its first fund with $150 million in 2015 and has since launched a second, larger fund.
- Source of Capital
- Capital is sourced directly from the parent company, Liberty Mutual Insurance. The firm operates as a corporate venture fund, investing off of the insurance company's balance sheet.
- Major Events
- The firm announced the launch of its second fund, totaling $200 million, to continue its investment activity in the insurance technology sector.
- Allocation Strategy
- The firm's focus is on venture capital investments in early-stage companies, typically from seed to Series B rounds. Investments are targeted at companies relevant to Liberty Mutual's global property and casualty insurance operations, with a focus on insurtech, fintech, and enterprise software. Specific areas of interest include mobility, property technology, and commerce. The firm does not invest in life or health insurance startups. Initial investment checks typically range from $750,000 to $5 million.
- lmstrategicventures.com/about-lmsv
- libertymutualgroup.com/about-lm
- jobs.libertymutualgroup.com/careers
- vcwire.tech/2024
- coverager.com/liberty-mutual-strategic-ventures-announces-second-venture-capital-fund
- venturecapitaljournal.com/liberty-mutual-strategy-ventures-unveils-sophomore-insurtech-200m-fund
The funds Liberty Mutual Strategic Ventures backs.
Liberty Mutual Strategic Ventures is a limited partner in 100 funds. 18 of them place in the Power Law Investor Ranking; those lead, best-ranked first.
How Liberty Mutual Strategic Ventures’ fund book is spread.
The 100 funds Liberty Mutual Strategic Ventures backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters.
- North America 8080%
- Europe 1616%
- Rest of world 44%
United States 80 · United Kingdom 8 · France 2 · Italy 2
How established those managers are
Managers grouped by how many funds they have raised — across the 52 of 100 with a fund history on record.
The companies Liberty Mutual Strategic Ventures backs directly.
Liberty Mutual Strategic Ventures holds 28 companies directly, separate from the funds it commits to as a limited partner. Broken down by headquarters country, sector, entry stage and current growth stage.
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USA25
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Israel1
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Spain1
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UK1
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Fintech12
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Enterprise Software6
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Transportation6
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Real Estate5
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Security3
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Energy2
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Event Tech1
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Home Living1
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Jobs Recruitment1
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Marketing1
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Media1
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Robotics1
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Breakout Stage19
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Early Growth4
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Late Growth3
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Mature2
Inside Liberty Mutual Strategic Ventures’ portfolio.
The 28 highest-funded portfolio companies, of 27 tracked.
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NeWhere Liberty Mutual Strategic Ventures’ portfolio founders come from.
39 founders across the 28 highest-funded portfolio companies — by current location, university attended, and the companies they worked at before founding. Sourced from the founder records the API links to each portfolio company.
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United States32
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Israel2
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Spain2
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Canada1
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Iceland1
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Netherlands1
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Harvard Business School5
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Stanford University Graduate School of Business4
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Princeton University3
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Cornell University2
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Harvard Kennedy School2
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Harvard University2
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United States Air Force Academy2
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United States Military Academy at West Point2
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University of California, Los Angeles2
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University of Illinois Urbana Champaign2
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Bain & Company2
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Booz Allen Hamilton2
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McKinsey & Company2
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US Army2
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2020 Company1
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Alibaba1
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Alizila1
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Alphabet | Google1
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Alta Devices1
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Amdocs1
Other LPs.
Other corporate venture arms in the Power Law LP ranking, closest to Liberty Mutual Strategic Ventures by combined power-law score — North America first, then the nearest worldwide.