Relativity6 secures **$5.25 million in seed funding** from **Fin Capital**, with additional support from **State Auto Labs Fund**. The company develops an AI-driven platform specializing in **industry classification**, targeting financial and enterprise applications. This funding will likely accelerate product development and market expansion for its data intelligence tools.
State Auto Labs Fund, managed by Rev1 Ventures, invests in Matterport, a technology company specializing in 3D spatial data capture and digital twins. The funding expands Matterport’s strategic investor base, supporting its mission to digitize physical spaces for industries like real estate and insurance. Matterport’s solutions enable immersive virtual tours and asset management through high-resolution 3D models.
State Auto Labs Corp. launches a $25 million corporate venture fund to support innovation initiatives. The fund aims to invest in early-stage startups and technologies aligned with State Automobile Mutual Insurance Co.’s strategic goals. This venture arm operates under the parent company based in Columbus, Ohio.
Sep 2017Insurance JournalNews article
State Auto Labs Fund
State Auto Labs Fund is an insurance-technology investment fund focused on sensors and wearable technologies, machine learning and artificial intelligence, emerging insurance distribution channels and insurance-carrier operational technologies.