State Farm? Innovation Group has established a strong presence in Silicon Valley with the State Farm Silicon Valley Office (SVO) since 2014. Celebrating its 10 year anniversary, the SVO has elevated the reputation of State Farm in insurance innovation, partnerships, investments, and employment. Initially starting small, the SVO now houses teams focused on scouting IT solutions and identifying forward-looking opportunities. Located in the heart of Silicon Valley, the office has easy access to cutting-edge technologies and potential investments. By identifying market signals, such as funded solution types and emerging companies, the SVO gives State Farm a competitive edge through early access to technology and key relationships with innovative companies. The SVO teams are currently exploring trends in various fields, including aerial data, AI, blockchain, connected home and IoT, insurance technology, mobility and safety, quantum computing, telematics, and virtual and augmented reality. Congratulations to the @StateFarm SVO for ten years of technology and innovation at the forefront! Learn more about innovation at State Farm.? https://lnkd.in/gpAvY-Zb
10 years for State Farm in Silicon Valley! Congrats to all who have participated and contributed to the innovation journey!
I want to hear more about the first 10 and the next.
Glad to see and look forward to following closely all the good work State Farm Ventures does.
Excited to see the next 10 years! And Mads Bering looking good! ;)
Congratulations on a decade of greatness!
Bill Cecil have to include you!! ??
Coaching Startup CEOs / Consulting Insurtechs, VCs & Corporates
7 个月It's awesome to see that State Farm continues to lead the way in P&C and Life/Health innovation in the U.S. The significant commitment from senior leaders, the tireless work of the State Farm Ventures team, as well as the entire Innovation Team, enable this on-going positive impact for State Farm customers, agents, and employees. Shout-out to other former leaders of State Farm's Scouting Team: Steve Harris, Sean Schick, and Jesse Baird.