Nationwide Ventures
Investments
61Portfolio Exits
4Funds
1About Nationwide Ventures
Nationwide Ventures invests in early-stage startups shaping the future of insurance and financial services. It primarily invests in cybersecurity, mobility, property technology, and retirement planning sectors. Nationwide Ventures was founded in 2016 and is based in Columbus, Ohio.
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Fortune 500 Investor list
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This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.
Research containing Nationwide Ventures
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Nationwide Ventures in 3 CB Insights research briefs, most recently on Aug 28, 2024.
Aug 28, 2024 report
Insurtech 50: The most promising insurtech startups of 2024
Latest Nationwide Ventures News
Jun 24, 2024
Jun 24, 2024 • GCV reporters Erik Ross, head of mergers & acquisitions, venture capital at Nationwide Ventures, is one of the leading corporate venturing professionals in our 2024 Powerlist. Erik Ross joined Nationwide in 2014 and one year later launched the CVC group at the US insurance and financial services teams. He now leads the corporate development team that has a commitment from Nationwide to invest $350m in early-stage companies that can bring strategic insights and accelerate current and future capabilities for the corporation. To date, more than $150m has been invested from the fund, with three exits. In line with its mission of “protecting people, businesses and futures with extraordinary care”, Nationwide takes minority positions in seed and series A startups, working on several broad themes, including living in retirement, mobility, agtech, future of work, proptech, cybersecurity, financial services and insurance infrastructure. In 2018, Nationwide invested in Betterview, the property intelligence platform that assists property insurers in analysing, scoring, managing and monitoring property risk. Late last year, the platform was acquired by Nearmap, a location intelligence and aerial imagery solution provider. Most recent notable investments include NewRetirement, the digital-first financial planning platform for consumers and enterprise partners, which closed its series A with $20m in funding. In late 2023, Nationwide invested in CLARA Analytics’s recent $24m series C funding round. The AI platform analyses structured and unstructured data, performing contextual analysis, and generates insights that allow claims associates to make data-driven decisions. Ross’s background spans Fortune 100 companies, early-stage technology startups and the public sector. He was also an executive-in-residence at the MIT Media Lab and has more than 50 issued patents. He has a BSBA from Bloomsburg University, with a minor in philosophy, and an MBA from Penn State University. The Global Corporate Venturing Powerlist represents the 100 individuals spearheading the future of the corporate venturing industry. These individuals excel in terms of their venturing approach and structure, number and quality of portfolio companies and in their contributions to the corporate venturing profession.
Nationwide Ventures Investments
61 Investments
Nationwide Ventures has made 61 investments. Their latest investment was in Atomic as part of their Series A - II on August 27, 2025.
Nationwide Ventures Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
8/27/2025 | Series A - II | Atomic | $30M | Yes | Anthemis, Appia Ventures, Aquiline Capital Partners, Brewer Lane Ventures, Erie Strategic Ventures, Intuit, QED Investors, Samsung NEXT, and Y Combinator | 2 |
5/29/2025 | Series A | Retirable | $10M | Yes | 3 | |
4/1/2025 | Seed VC | EVident Battery | $3.2M | Yes | Automotive Ventures, Avesta Fund, Ibex Investors, and Undisclosed Angel Investors | 2 |
2/10/2025 | Pre-Seed | |||||
9/22/2024 | Series A |
Date | 8/27/2025 | 5/29/2025 | 4/1/2025 | 2/10/2025 | 9/22/2024 |
|---|---|---|---|---|---|
Round | Series A - II | Series A | Seed VC | Pre-Seed | Series A |
Company | Atomic | Retirable | EVident Battery | ||
Amount | $30M | $10M | $3.2M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | Anthemis, Appia Ventures, Aquiline Capital Partners, Brewer Lane Ventures, Erie Strategic Ventures, Intuit, QED Investors, Samsung NEXT, and Y Combinator | Automotive Ventures, Avesta Fund, Ibex Investors, and Undisclosed Angel Investors | |||
Sources | 2 | 3 | 2 |
Nationwide Ventures Portfolio Exits
4 Portfolio Exits
Nationwide Ventures has 4 portfolio exits. Their latest portfolio exit was Next Insurance on March 20, 2025.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
3/20/2025 | Acquired | 7 | |||
Date | 3/20/2025 | |||
|---|---|---|---|---|
Exit | Acquired | |||
Companies | ||||
Valuation | ||||
Acquirer | ||||
Sources | 7 |
Nationwide Ventures Fund History
1 Fund History
Nationwide Ventures has 1 fund, including Nationwide Ventures.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
2/11/2021 | Nationwide Ventures | $350M | 1 |
Closing Date | 2/11/2021 |
|---|---|
Fund | Nationwide Ventures |
Fund Type | |
Status | |
Amount | $350M |
Sources | 1 |
Nationwide Ventures Team
1 Team Member
Nationwide Ventures has 1 team member, including current Managing Partner, Erik S. Ross.
Name | Work History | Title | Status |
|---|---|---|---|
Erik S. Ross | Government of North Carolina, iCache, MIT Media Lab, Bank of America, One Network Enterprises, and Metasys | Managing Partner | Current |
Name | Erik S. Ross |
|---|---|
Work History | Government of North Carolina, iCache, MIT Media Lab, Bank of America, One Network Enterprises, and Metasys |
Title | Managing Partner |
Status | Current |
Compare Nationwide Ventures to Competitors
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