Liberty Mutual Strategic Ventures is the Boston-based corporate venture capital arm of Liberty Mutual Insurance, backing early-stage software, platform and services companies reshaping the (re)insurance landscape. It invests primarily from Seed through Series B across the United States and Europe, with initial checks of $750K to $5M. The firm focuses on insurtech, insurance-adjacent AI, enterprise software, fintech, mobility, proptech, climate and related risk, claims, underwriting, data and automation opportunities, and can lead rounds while preferring to co-invest alongside venture funds.