Liberty Mutual Strategic Ventures

The corporate venture capital arm of Liberty Mutual Insurance, investing in early-stage insurtech, fintech, and enterprise software companies.

Corporate VC Active Boston, United States Est. 2016
Last updated 2026-07-20
Portfolio
1
in our dataset
Rounds participated
1
Rounds led
0
Rounds' value
$17.0M
total disclosed, rounds participated
Stages

About

Liberty Mutual Strategic Ventures (LMSV) is the corporate venture capital arm of Liberty Mutual Insurance. They invest in early-stage software, platform, and services companies that are reshaping the (re)insurance landscape. LMSV focuses on areas strategically relevant to Liberty Mutual's global footprint across P&C insurance, including Mobility, PropTech, FinTech & InsurTech, and SMB & Enterprise. They primarily invest in Seed through Series B rounds with an initial check size of $750K to $5M and can lead rounds but prefer to co-invest. LMSV launched its flagship $150 million fund in 2015 and a second fund of $200 million in 2024.

Portfolio · 1

Investment activity

Portfolio by sector

Health Tech & Life Sciences1
Cyber Security1
Business Software1

Funds · 1

  • 2 — $200M Jul 2024

Q&A

What is Liberty Mutual Strategic Ventures' primary focus as a corporate venture capital arm?
Liberty Mutual Strategic Ventures is the corporate venture capital arm of Liberty Mutual Insurance, focusing on entrepreneurs in all segments of the P&C Insurance Market, both in the US and globally. This includes current value chain technologies and future industry trends.
When was Liberty Mutual Strategic Ventures founded?
Liberty Mutual Strategic Ventures was founded in 2020.
What is the most recent fund raised by Liberty Mutual Strategic Ventures?
In July 2024, Liberty Mutual Strategic Ventures launched Fund 2 with an amount of $200 million.
Who are some key team members at Liberty Mutual Strategic Ventures?
Key team members at Liberty Mutual Strategic Ventures include Russ MacTough, Managing Director, and Alex Ahmadi and Mary Tobin, both Principals.
Can you name a notable portfolio company and its funding stage?
One notable portfolio company is Hyro, which has raised $94.6 million and is at the Series C funding stage.
What is another significant portfolio company for Liberty Mutual Strategic Ventures?
Another significant portfolio company is Karamba Security, which has raised $27 million and is at the Series B funding stage.
Which sectors has Liberty Mutual Strategic Ventures shown concentration in for its portfolio companies?
Liberty Mutual Strategic Ventures has portfolio companies in Health Tech & Life Sciences, Cyber Security, and Business Software.
What is the typical investment range for Liberty Mutual Strategic Ventures?
Liberty Mutual Strategic Ventures typically invests in the range of $10 million to $20 million.
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