Erie Strategic Ventures
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.
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Based on direct premiums written, Best’s Insurance Reports 2022
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Based on direct premiums written, commercial multi-peril writers, Best's Insurance Reports 2022
erie's value add
Industry Expertise
With nearly 100 years of business experience in personal and commercial lines and over 6,000 employees with experience across all aspects of the insurance industry, we’re well versed in success and can share this expertise with startups.
Development Potential
With more than 6 million policies in force and nearly $8 billion in direct written premium last year, we can partner with industry-leading companies to bring innovative products and solutions to market.
Network Capabilities
With over 2,200 independent insurance agencies and over 13,000 agents spread across our footprint – which extends across 12 states and the District of Columbia – our network is strong.
Investment

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

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