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Progressive Insurance

Progressive Insurance

Overview

The Progressive Corporation is an insurance holding company. Progressive primarily offers personal and commercial auto insurance, insurance for motorcycles, watercraft, and other recreational vehicles, and personal residential property insurance . Progressive also offers business-related general liability and commercial property insurance predominantly for small businesses, workers' compensation insurance primarily for the transportation industry, and other specialty property-casualty insurance .

Year Founded

1937

Portfolio Companies

3

Investments

Progressive Insurance investments
CompanyDateStageLead
Varo BankJun 2020Series DCo-investor
TomoMar 2025Series BCo-investor
RenoFiMar 2026Series BCo-investor

Key People

Devin Johnson

Board of directors

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

Premium
SeedSeries ASeries BGrowth

Portfolio analytics

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Investment Activity

Yearly cadence, pace, and funding raised over time.

Premium
2021
2022
2023
2024
2025
2026

Portfolio analytics

Caplight clients see yearly investment pace and funding raised over time.

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FAQ

Where is Progressive Insurance based?

Progressive Insurance is headquartered in Ohio.

When was Progressive Insurance founded?

Progressive Insurance was founded in 1937.

How many portfolio companies does Progressive Insurance have?

Progressive Insurance has 3 portfolio companies in Caplight's dataset.

What are some companies in Progressive Insurance's portfolio?

Portfolio companies visible on Caplight include Varo Bank, Tomo, RenoFi.

What was Progressive Insurance's most recent investment shown here?

Progressive Insurance's most recent investment in this portfolio sample was in RenoFi in 2026.

What sectors does Progressive Insurance focus on?

Progressive Insurance focuses on FinTech, FinTech, FinTech, Real Estate & PropTech, Real Estate & PropTech.

What company stages does Progressive Insurance focus on?

Progressive Insurance typically invests at the Mid stage.

What is Progressive Insurance's AUM?

Progressive Insurance's assets under management are estimated between $10.0B and $100.0B.

Firmographic Details

HeadquartersOhio
Year Founded1937

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