{"id":10848,"date":"2024-02-16T06:46:17","date_gmt":"2024-02-16T11:46:17","guid":{"rendered":"https:\/\/lions.financial\/?p=10848"},"modified":"2024-05-14T04:39:26","modified_gmt":"2024-05-14T09:39:26","slug":"liberty-mutual-ventures-corporate-analysis","status":"publish","type":"post","link":"https:\/\/lions.financial\/hi\/liberty-mutual-ventures-corporate-analysis\/","title":{"rendered":"Liberty Mutual Ventures Corporate nalysis"},"content":{"rendered":"

\"\"<\/h1>\n

 <\/p>\n

Liberty Mutual Ventures is a strategic venture capital which invests in early-stage software, platform, and services companies. Liberty Mutual insurance was founded in 1912, offers a wide range of insurance products and services, including personal automobile, homeowners, workers’ compensation, commercial multiple peril, commercial automobile, general liability, global specialty, group disability, fire insurance and surety. It is the sixth-largest property and casualty insurer in the United States and ranks 71st on the Fortune 100 list of largest corporations in the United States based on 2020 revenue.<\/span><\/p>\n

Backed by Liberty Mutual insurance, the venture capital arm is able to perform scalable fund size with a $150 million corporate venture found. It has a variety of focus areas of mobility, property technology, financial technology, and SMB enterprise. The primary geographic focus is in the United States, however, it can be evaluated and operated by the company’s global footprint.<\/span><\/p>\n

 <\/p>\n

\"\"<\/h1>\n

 <\/p>\n

Russ MacTough (Managing Director)<\/b><\/h6>\n

 <\/p>\n

Russ Mactough is a managing director with Liberty Mutual Strategic Ventures, and he is the investor of Dispatch. Prior to joining Liberty Mutual he was a Vice President with Morgan Partners, a Fintech-focused middle market investment bank, where he led M&A transactions primarily in the insurance technology sector. Before that Russ worked at Silicon Valley Bank in the San Francisco Bay Area. At SVB he helped build the bank\u2019s advisory services group.<\/span><\/p>\n

 <\/p>\n

Josh Cohen (Director)<\/b><\/h6>\n

 <\/p>\n

Josh Cohen is the director with Liberty Mutual Strategic Ventures, and he is also the founding member of this department. As a Director, Josh is responsible for sourcing, due diligence, legal negotiation, and post-deal management. Prior to joining the fund, Josh focused on competitive intelligence and strategy within the insurance market at Liberty Mutual. Prior to joining Liberty Mutual, Josh worked at Ernst & Young and is a licensed CPA. Josh is a graduate of Boston University with a degree in Finance and Accounting.<\/span><\/p>\n

 <\/p>\n

Dave DeSisto (Director)<\/b><\/h6>\n

 <\/p>\n

Dave DeSisto is a Director at LMSV and joined the team in 2017. As a Director, Dave is responsible for sourcing, due diligence, legal negotiation, and post-deal management. Prior to joining the fund, Dave was an Associate at Wells Fargo where he worked with private equity firms to structure and underwrite debt facilities for leveraged buyouts, dividend recapitalizations, and acquisition financings. Prior to Wells Fargo, Dave worked at PwC in their Management Consulting practice. Dave is a graduate of Bentley University with a degree in Corporate Finance and Accounting.<\/span>
\n<\/span><\/p>\n

Mary Tobin (Principal)<\/b><\/h6>\n

 <\/p>\n

Mary joined the LMSV team in 2019 and works to identify, diligence, and support new venture investments. Mary is a visiting professor at Tufts University\u2019s Experimental College, where she teaches an undergraduate class on the startup innovation ecosystem, and she sits on the board of the New England Venture Network. Prior to joining the fund, Mary built partnerships and programs to improve the venture ecosystem via the New England Venture Capital Association. Mary co-founded her first startup during undergrad at Northeastern University where she also started still-running TEDxNortheasternU.<\/span><\/p>\n

 <\/p>\n

Alex Ahmadi (Analyst)<\/b><\/h6>\n

 <\/p>\n

Alex joined the LMSV team in 2022 and works to support its active investment efforts across Liberty’s consumer, commercial, and specialty businesses. Prior to joining the fund, Alex was a Senior Financial Analyst on the Global Portfolio & Risk Management team within Liberty, where he focused on global competitive intelligence, internal reinsurance, and enterprise risk management. Prior to his last role, Alex was part of the Financial Management Program at Liberty where his first rotation was as a part of LMSV. Alex is a graduate of the Isenberg School of Management at UMass Amherst with a degree in Finance.<\/span><\/p>\n

 <\/p>\n

\"\"<\/span><\/h1>\n

 <\/p>\n

(source: Crunchbase)<\/span><\/p>\n

 <\/p>\n

    \n
  • Liberty Mutual Strategic Ventures has made 27 investments.<\/span><\/li>\n
  • Their most recent investment was on Nov 1, 2022, when Roots Automation raised $10M.<\/span>
    \n<\/span><\/li>\n
  • Liberty Mutual Ventures has 5 diversity investments.<\/span><\/li>\n<\/ul>\n

     <\/p>\n

    \"\"<\/h1>\n

    Industrial Distribution:<\/span><\/p>\n

     <\/p>\n

    (source: crunchbase)<\/span><\/p>\n

     <\/p>\n

      \n
    • Liberty Mutual Venture has invested in over 10 industries.<\/span><\/li>\n
    • The venture highly valued in software development and insurance technology, which it has profound knowledge and experience backed by Liberty insurance.<\/span><\/li>\n<\/ul>\n

       <\/p>\n

      Stage Distribution:<\/span><\/p>\n

       <\/p>\n

        \n
      • Liberty Mutual Ventures invests in different stages, including seed round, series A, series B, series C, series D, venture round and Post-IPO Equity<\/span>
        \n<\/span><\/li>\n
      • The most majority investments are made in series B and Post-IPO equity.<\/span><\/li>\n<\/ul>\n

         <\/p>\n

        Round Size Distribution:<\/span><\/p>\n

         <\/p>\n

          \n
        • Liberty Mutual Ventures has invested a total of 739.2 Million, with the maximum investment of 274 Million and minimum 3 million.<\/span><\/li>\n
        • The majority investments are between 3 million to 69 million.<\/span><\/li>\n<\/ul>\n

           <\/p>\n

          Portfolio company<\/b><\/p>\n

          \u00a0<\/b><\/p>\n

          Company overview:<\/span><\/p>\n

          Azibo<\/b>
          \n<\/span><\/h6>\n

          Azibo is a financial service platform for rental markets and properties, which includes services of rent collection, banking, lending, insurance, and more. The company also launched Azibo Marketplace, which is a trusted platform for both landlords and renters, which increases efficiency and cash flow for everyone. Azibo has raised a total of $19M in funding over 1 round and series A round raised $19M on Jan 11, 2022. The lead investor is SVB Capital, followed by another ten investors.<\/span><\/p>\n

           <\/p>\n

          Funding Timeline:<\/span><\/p>\n

           <\/p>\n

          2018<\/span><\/i><\/p>\n

          Azibo was founded by Chris Hsu and Gregor Watson in 2018.<\/span><\/p>\n

          Jan 11, 2021<\/span><\/i><\/p>\n

          Azibo had raised a $19M series A round from SVB capital, Assurant Ventures and 9 other investors.<\/span><\/p>\n

          \u00a0<\/span><\/p>\n

          Company overview:<\/span><\/p>\n

          Blueprint Title<\/b>
          \n<\/span><\/h6>\n

          Blueprint is a modern title and escrow solution for sophisticated real estate professionals. The company acts as a neutral third party, ensuring that real estate transactions<\/span>
          \n<\/span><\/p>\n

          are closed smoothly and follow the terms of the purchase agreement. Blueprint Title has raised a total of $24.5M in funding over 3 rounds. The lead investors are Mouro Capital, Fort\u00e9 Ventures, Greenlight Reinsurance and followed by other seven investors. Blueprint Title has acquired Southwest Land Title Insurance Company on Sep 1, 2021.<\/span><\/p>\n

           <\/p>\n

          Funding timeline:<\/span><\/p>\n

          2017<\/span><\/i><\/p>\n

          Blueprint Title was founded by Steve Berneman in 2017.<\/span><\/p>\n

          Feb 19, 2020<\/span><\/i><\/p>\n

          Blueprint Title raised a $8.5 M series A round from Mouro Capital and other four investors.<\/span><\/p>\n

           <\/p>\n

          Sep 1, 2021<\/span><\/i><\/p>\n

          Blueprint Title raised a $16 M series B round from Fort\u00e9 Ventures and other six investors.<\/span><\/p>\n

           <\/p>\n

          Nov 11, 2021<\/span><\/i><\/p>\n

          Blueprint Title raised a Venture round from Greenlight Reinsurance.<\/span><\/p>\n

          \u00a0<\/span><\/p>\n

          Company overview:<\/span><\/p>\n

          Edge Case Research<\/b>
          \n<\/span><\/h6>\n

          Edge Case Research is a trusted risk-management partner for companies building self-driving trucks, autonomous robot axis, and smarter passenger cars. The company helps<\/span><\/p>\n

          developers and operators measure, manage, and insure the risks posed by software driving in the real world. Edge Case Research has raised a total of $19M in funding over 2 rounds (seed round and series A). The lead investors are Chris Urmson and Yabeo Capital, and followed by another seven investors. Edge Case Research has acquired TerraLoupe in May 2020.<\/span><\/p>\n

           <\/p>\n

          Funding timeline:<\/span><\/p>\n

          2013<\/span><\/i><\/p>\n

          Edge Case Research was founded by Michael Wagner, Philip Koopman in 2013.<\/span><\/p>\n

           <\/p>\n

          Jun 13, 2019<\/span><\/i><\/p>\n

          Edge Case Research raised $7 M from Chris Urmson and other four investors for seed<\/span><\/p>\n

          round.<\/span><\/p>\n

           <\/p>\n

          Sep 15, 2021<\/span><\/i><\/p>\n

          Edge Case Research raised a $12 M series A from Yabeo Capital and other six investors.<\/span><\/p>\n

          \u00a0<\/span><\/p>\n

          Company overview:<\/span><\/p>\n

          Homee<\/b>
          \n<\/span><\/h6>\n

          Homee is an on-demand home services platform that provides homeowners and property managers with instant access to skilled service providers. HOMEE’s technology-enabled platform, Claims Workshop, helps carriers who want an automated<\/span><\/p>\n

          experience to process low-complexity claims faster. Combining technology and direct repair solution, Homee delivers best-in-class NPS ratings, and gives the adjusters the control they need over their claim volume. The lead investors are Fort\u00e9 Ventures, Florida Funders, Morningside Venture Investments, Activate Capital Partners and nine other investors. Homee has raised a total of $50.3M in funding over 5 rounds and has acquired MyCAT on Aug 10, 2022.<\/span><\/p>\n

           <\/p>\n

          Funding timeline:<\/span><\/p>\n

          2016<\/span><\/i><\/p>\n

          Homee was founded by Dave Theus and Doug Schaedler in 2016.<\/span><\/p>\n

           <\/p>\n

          Jun 21, 2017<\/span><\/i><\/p>\n

          Homee raised a $2.8 M seed round from Florida Funders and DeepWork Capital.<\/span><\/p>\n

           <\/p>\n

          Jun 26, 2018<\/span><\/i><\/p>\n

          Homee raised a $11 M series A round from Florida Funders and other four investors.<\/span><\/p>\n

           <\/p>\n

          Aug 17, 2019<\/span><\/i><\/p>\n

          Homee raised a $15 M series B round from Fort\u00e9 Ventures and other six investors.<\/span><\/p>\n

           <\/p>\n

          July 16, 2020<\/span><\/i><\/p>\n

          Homee raised a $4.5 M venture series round from Florida Funders, Fort\u00e9 Ventures, Activate Capital Partners and other four investors.<\/span><\/p>\n

           <\/p>\n

          Sep 30, 2021<\/span><\/i><\/p>\n

          Homee raised a $17 M series B round from Morningside Venture investment and other six investors.<\/span><\/p>\n

          \u00a0<\/span><\/p>\n

          Company overview:<\/span><\/p>\n

          Karamba Security<\/b>
          \n<\/span><\/h6>\n

          Karamba Security provides industry-leading, award winning, end-to-end cybersecurity solutions for vehicles and connected systems. Karamba\u2019s software is designed and implemented to safeguard resource-constrained systems, without interfering with R&D or supply-chain processes. Karamba Security has raised a total of $30M in funding over 5 rounds. The lead investors are YL ventures, Fontinali Partners, Vinfast and followed by other six investors.<\/span><\/p>\n

           <\/p>\n

          Funding timeline:<\/span><\/p>\n

          Mar 2016<\/span><\/i><\/p>\n

          Karamba Security was founded by Ami Dotan, Assaf Harel, David Barzilai and Tal Ben David in 2016.<\/span>
          \n<\/span><\/p>\n

           <\/p>\n

          Apr 7, 2016<\/span><\/i><\/p>\n

          Karamba Security raised a $2.5 M seed round from YL ventures and another investor.<\/span><\/p>\n

           <\/p>\n

          Sep 29, 2016<\/span><\/i><\/p>\n

          Karamba Security raised a $2.5 M series A round from YL ventures, Fontinali Partners and another investor.<\/span><\/p>\n

           <\/p>\n

          May 16, 2017<\/span><\/i><\/p>\n

          Karamba Security raised a $12 M series B round from Fontinali and other five investors.<\/span><\/p>\n

           <\/p>\n

          Apr 10, 2018<\/span><\/i><\/p>\n

          Karamba Security raised a $3 M debt financing round.<\/span><\/p>\n

           <\/p>\n

          Dec 2, 2021<\/span><\/i><\/p>\n

          Karamba Security raised a $10M series B round from Vinfastand other eight investors.<\/span><\/p>\n

          \u00a0<\/span><\/p>\n

          Company overview:<\/span><\/p>\n

          Leaselock<\/b>
          \n<\/span><\/h6>\n

          LeaseLock is leading the next evolution in residential real estate, empowering housing providers with a new generation of financial tools to enhance the property revenue stream and optimize asset performance. LeaseLock has raised a total of $63.5M in funding over 9 rounds. The lead investors are Wild Venture Partners, American Family Insurance, RWT Horizons, Westerly Winds, and other 20 investors.<\/span><\/p>\n

           <\/p>\n

          Funding timeline:<\/span><\/p>\n

          2013<\/span><\/i><\/p>\n

          Leaselock was founded by Derek Merrill and Reichen Kuhl in 2013.<\/span><\/p>\n

           <\/p>\n

          Dec 16, 2016<\/span><\/i><\/p>\n

          Karamba Security raised a $1.5 M seed round from American Family Insurance and another four investors.<\/span><\/p>\n

           <\/p>\n

          Apr 30, 2018<\/span><\/i><\/p>\n

          Karamba Security raised a $10 M series A round from Wildcat Venture Partners and another seven investors.<\/span><\/p>\n

           <\/p>\n

          Jan 15, 2019<\/span><\/i><\/p>\n

          Karamba Security raised a venture round from Michael Thiel.<\/span><\/p>\n

           <\/p>\n

          Jun 27, 2019<\/span><\/i><\/p>\n

          Karamba Security raised a Series A round from American Family ventures.<\/span><\/p>\n

           <\/p>\n

          Jan 1, 2020<\/span><\/i>
          \n<\/span><\/i><\/p>\n

          Karamba Security raised a Convertible Note round from Sand Hill Angels.<\/span><\/p>\n

           <\/p>\n

          Feb 3, 2021<\/span><\/i><\/p>\n

          Karamba Security raised a $52 M series B round from Wildcat Venture Partners, Westerly Winds and another eight investors.<\/span><\/p>\n

           <\/p>\n

          Jan 21, 2022<\/span><\/i><\/p>\n

          Karamba Security raised a Convertible Note round from Sand Hill Angels and The Penfed Foundation.<\/span><\/p>\n

           <\/p>\n

          Mar 31, 2022<\/span><\/i><\/p>\n

          Karamba Security raised a venture round from RWT Horizons.<\/span><\/p>\n

          \u00a0<\/span><\/p>\n

          Company overview:<\/span><\/p>\n

          Realm<\/b>
          \n<\/span><\/h6>\n

          Realm is a one-stop-shop for accessible, actionable home advice and helps homeowners maximize their property value. The intention of this company is to provide information for everyone which is the same as real estate investors. It helps to evaluate the assets property and have a better understanding of the market. Realm has raised a total of<\/span><\/p>\n

          $20M in funding over 4 rounds. The lead investors are GGV Capital and Primary Venture Partners.<\/span><\/p>\n

           <\/p>\n

          Funding timeline:<\/span><\/p>\n

          Dec 2019<\/span><\/i><\/p>\n

          Realm was founded by Liz Young in 2019.<\/span><\/p>\n

           <\/p>\n

          Jan 31, 2020<\/span><\/i><\/p>\n

          Realm raised a pre-seed round from Gutter Capital and other three investors.<\/span><\/p>\n

           <\/p>\n

          Feb 16, 2021<\/span><\/i><\/p>\n

          Realm raised a $3M seed round from Primary Venture Partners and other two investors.<\/span><\/p>\n

           <\/p>\n

          July 29, 2021<\/span><\/i><\/p>\n

          Realm raised a $12M series A round from GGV Capital and other five investors.<\/span><\/p>\n

           <\/p>\n

          Jan 18, 2022<\/span><\/i><\/p>\n

          Realm raised a $5M venture round.<\/span><\/p>\n

          \u00a0<\/span><\/p>\n

          Company overview:<\/span><\/p>\n

          Roots Automation<\/b>
          \n<\/span><\/h6>\n

          Roots Automation is an end-to-end process automation platform building Digital Coworkers for enterprises in insurance, financial and other areas. Roots Automation empowers global leaders with an integrated, intelligent platform to revolutionize the way work is managed.<\/span>
          \n<\/span><\/p>\n

          Roots Automation has raised a total of $21.8 M in funding over 5 rounds. The lead investors are Forum Ventures, MissionOG, Vestigo Ventures and followed by other four investors.<\/span><\/p>\n

           <\/p>\n

          Funding timeline:<\/span><\/p>\n

          Oct 1, 2018<\/span><\/i><\/p>\n

          Roots Automation was founded by Chaz Perera and John Cottongim in 2018.<\/span><\/p>\n

           <\/p>\n

          Dec 1, 2019<\/span><\/i><\/p>\n

          Realm raised a $1M pre-seed round.<\/span><\/p>\n

           <\/p>\n

          Jan 15, 2022<\/span><\/i><\/p>\n

          Realm raised a $50k pre-seed round from Forum Ventures and Right Side Capital Management.<\/span><\/p>\n

           <\/p>\n

          Sep 30, 2022<\/span><\/i><\/p>\n

          Realm raised a $3.2M seed round from Vestigo Ventures and Gutbrain Ventures.<\/span><\/p>\n

           <\/p>\n

          Nov 1, 2022<\/span><\/i><\/p>\n

          Realm raised a $10M series A round from Mission OG and other three investors. .<\/span><\/p>","protected":false},"excerpt":{"rendered":"

            Liberty Mutual Ventures is a strategic venture capital which invests in early-stage software, platform, and services companies. Liberty Mutual insurance was founded in 1912, […]<\/p>\n","protected":false},"author":23,"featured_media":11204,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"ppma_author":[416],"class_list":["post-10848","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","author-tina"],"acf":[],"authors":[{"term_id":416,"user_id":23,"is_guest":0,"slug":"tina","display_name":"Cristina E","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/7fb2a67ef1263fd8f4570408717ef6a334e85a270af5f70bb5a369683eabe013?s=96&d=mm&r=g","author_category":"","user_url":"","last_name":"E","first_name":"Cristina","job_title":"","description":""}],"_links":{"self":[{"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/posts\/10848","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/comments?post=10848"}],"version-history":[{"count":4,"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/posts\/10848\/revisions"}],"predecessor-version":[{"id":11392,"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/posts\/10848\/revisions\/11392"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/media\/11204"}],"wp:attachment":[{"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/media?parent=10848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/categories?post=10848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/tags?post=10848"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/ppma_author?post=10848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}