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Nationwide Ventures

North America, Ohio, United States, Columbus

Description

Nationwide Ventures operates as the strategic corporate venture capital arm of Nationwide, a Fortune 100 insurance and financial services company based in Columbus, Ohio. Established to foster innovation and identify emerging technologies, the firm strategically invests in startups that align with Nationwide's core business objectives and future growth areas. Their investment thesis primarily targets companies within insurtech, fintech, digital health, future of work, and mobility sectors, seeking solutions that can enhance customer experience, optimize operations, or unlock new revenue streams for the parent company.

The venture arm is known for its collaborative approach, offering portfolio companies more than just capital. Startups gain access to Nationwide's extensive industry expertise, vast customer base, and distribution channels, facilitating product development and market penetration. This strategic partnership model is designed to accelerate the growth of innovative companies while providing Nationwide with early insights into disruptive technologies and business models.

Nationwide Ventures typically focuses on early to growth-stage companies, ranging from Seed to Series B rounds, though they may consider later-stage opportunities based on strategic fit. Their initial investment checks commonly range from $1 million to $5 million, reflecting their commitment to significant, impactful partnerships. The firm has built a robust portfolio, comprising over 20 companies, demonstrating a consistent commitment to driving innovation across the insurance and financial services landscape since its inception. This proactive investment strategy underscores Nationwide's dedication to staying at the forefront of industry transformation.

Investor Profile

Nationwide Ventures has backed more than 33 startups, with 2 new investments in the last 12 months alone. The firm has led 4 rounds, about 12% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Series C rounds (top funding stages).
  • Majority of deals are located in United States, Israel, Spain.
  • Strong thematic focus on InsurTech, Insurance, Financial Services.
  • Typical check size: $1M – $5M.

Stage Focus

  • Series A (33%)
  • Series B (33%)
  • Series C (15%)
  • Series Unknown (9%)
  • Series E (3%)
  • Seed (3%)
  • Pre Seed (3%)

Country Focus

  • United States (85%)
  • Israel (12%)
  • Spain (3%)

Industry Focus

  • Insurtech
  • Insurance
  • Financial Services
  • Software
  • Artificial Intelligence (Ai)
  • Information Technology
  • Risk Management
  • Fintech
  • Automotive
  • Autonomous Vehicles
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Nationwide Ventures frequently co-invest with?

EMC Insurance
North America, Iowa, United States, Des Moines
Co-Investments: 3
Fin Capital
North America, California, United States, San Francisco
Co-Investments: 4
Cameron Ventures
North America, Oklahoma, United States, Oklahoma City
Co-Investments: 3
Viola FinTech
Asia, Tel Aviv, Israel, Herzliya
Co-Investments: 3
MassMutual Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 4
MG
North America, Iowa, United States, West Des Moines
Co-Investments: 4
Volvo Group Venture Capital
Europe, Vastra Gotaland, Sweden, Gothenburg
Co-Investments: 3
IA Capital Group
North America, New York, United States, New York
Co-Investments: 6
Epsilon Health Investors
North America, District of Columbia, United States, Washington
Co-Investments: 2
True Ventures
North America, California, United States, Palo Alto
Co-Investments: 2

What are some of recent deals done by Nationwide Ventures?

Retirable

New York, New York, United States

Retirable is a financial services technology company specializing in retirement planning, advising, and income generation.

Financial ServicesRetirement
Series AJul 16, 2025
Amount Raised: $10,000,000
Vigil

Columbus, Ohio, United States

Vigil is a SaaS data platform for annuity carriers and distributors.

CollaborationInformation TechnologySaaSSoftware
Pre SeedFeb 10, 2025
Amount Raised: $1,300,000
arqu

San Francisco, California, United States

Arqu is a financial services company that specializes in insurance services.

Financial ServicesInsuranceLife Insurance
Series ASep 22, 2024
Amount Raised: $10,000,000
NewRetirement

Mill Valley, California, United States

NewRetirement is a financial planning platform for employers and individuals.

Financial ServicesFinTechInsurTechRetirement
Series AMar 27, 2024
Amount Raised: $20,000,000
CLARA Analytics

Sunnyvale, California, United States

CLARA Analytics utilizes AI and data analytics to help insurance companies process and analyze large amounts of data related to claims.

AnalyticsArtificial Intelligence (AI)FinTechInsuranceInsurTechMachine LearningSoftware
Series UnknownFeb 21, 2024
Mine

Tel Aviv, Tel Aviv, Israel

MineOS is the operating system for Data Privacy, Governance, & Compliance. #1 customer-rated for data mapping & DSR automation.

Big DataCyber SecurityInformation TechnologyInternetMobile AppsNetwork SecurityPrivacyRisk ManagementSoftware
Series BDec 4, 2023
Amount Raised: $30,000,000
Matic Insurance

Columbus, Ohio, United States

Matic is a technology-driven insurance agency that provides home, auto, umbrella, and pet insurance services.

FinanceFinancial ServicesInsuranceInsurTechProperty Insurance
Series BOct 11, 2023
Amount Raised: $20,000,000
Certificial

Holly Springs, North Carolina, United States

Certificial is a real-time intelligent insurance verification platform designed to simplify the supplier management process.

Financial ServicesInsuranceInsurTechRisk Management
Series BJul 12, 2023
Amount Raised: $15,000,000
Mitiga Solutions

Barcelona, Catalonia, Spain

Mitiga Solutions provides climate risk intelligence that combines science, AI, and high-performance computing.

Information TechnologyInsurTechRisk ManagementSustainability
Series AMay 18, 2023
Amount Raised: $14,223,126
Betterview

San Francisco, California, United States

Betterview is a property intelligence platform that assists property insurers in analyzing, scoring, managing, and monitoring property risk.

Computer VisionInsurancePredictive AnalyticsProperty ManagementRisk Management
Series UnknownJan 26, 2023