Investments
21Portfolio Exits
3Partners & Customers
10Service Providers
1About Nationwide Mutual Insurance Company
Nationwide Mutual Insurance Company (Nationwide) is a diversified insurance and financial services organization. The company provides customers with a wide range of insurance and financial services, including auto, motorcycle, boat, homeowners, pet, life, farm, and commercial insurance. Additionally, it offers annuities, mortgages, mutual funds, pensions, long-term savings plans, and specialty health services. The company was founded in 1926 and is based in Columbus, Ohio.
Want to inform investors similar to Nationwide Mutual Insurance Company about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
Expert Collections containing Nationwide Mutual Insurance Company
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find Nationwide Mutual Insurance Company in 1 Expert Collection, including Fortune 500 Investor list.
Fortune 500 Investor list
590 items
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 Mutual Insurance Company
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Nationwide Mutual Insurance Company in 4 CB Insights research briefs, most recently on Aug 12, 2020.
Latest Nationwide Mutual Insurance Company News
Jun 2, 2023
A quieter week of economic releases will see the focus on an update on the health of the UK’s housing market from Halifax, while the Bank of Canada will announce its latest monetary policy decision on Wednesday. The Halifax will release its health check of the UK housing market on Wednesday after industry rival Nationwide reported a drop in house prices this week. Nationwide reported that the average price of houses sold in May were 3.4% lower than a year ago, down from the 2.7% fall recorded in April. In May, prices slipped by 0.1% on a seasonally-adjusted basis, partly reversing April’s surprise 0.4% rise. But “headwinds to the housing market look set to strengthen in the near term,” said Robert Gardner, Nationwide's chief economist. Those headwinds include rising mortgage rates which are likely to cause further pain to homeowners, with a huge number – estimated by some at 2.5mln – of fixed rate mortgages are due for renewal in 2023. In April, Halifax said prices declined 0.3% which partially offset the 0.8% increase in the previous month. Over in Canada, the consensus is for no change in interest rates, but after stronger than expected consumer price inflation and GDP and with the labour data remaining robust the market is pricing a 25% chance of a hike with a 25bp hike fully discounted by the 6 September policy meeting. ING Economics said it favoured “a hawkish hold, signalling that unless there is evidence of softening in price pressures very soon, they could raise rates again in July.” Elsewhere, a slew of PMI updates will be reported, updating on previous ‘flash’ estimates. In the US, there is a lull in significant economic releases ahead of inflation figures the week after. Add related topics to MyProactive
Nationwide Mutual Insurance Company Investments
21 Investments
Nationwide Mutual Insurance Company has made 21 investments. Their latest investment was in Betterview as part of their Series C on January 1, 2023.
Nationwide Mutual Insurance Company Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
1/26/2023 | Series C | Betterview | No | 7 | ||
9/1/2021 | Series B | Insurify | $100M | Yes | 27 | |
9/1/2021 | Series B | Foretellix | $32M | Yes | 21 | |
5/18/2021 | Series C | |||||
6/3/2020 | Series B |
Date | 1/26/2023 | 9/1/2021 | 9/1/2021 | 5/18/2021 | 6/3/2020 |
|---|---|---|---|---|---|
Round | Series C | Series B | Series B | Series C | Series B |
Company | Betterview | Insurify | Foretellix | ||
Amount | $100M | $32M | |||
New? | No | Yes | Yes | ||
Co-Investors | |||||
Sources | 7 | 27 | 21 |
Nationwide Mutual Insurance Company Portfolio Exits
3 Portfolio Exits
Nationwide Mutual Insurance Company has 3 portfolio exits. Their latest portfolio exit was Xceedium on August 04, 2015.
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 |
|---|---|---|---|---|---|
8/4/2015 | Acquired | 1 | |||
Date | 8/4/2015 | ||
|---|---|---|---|
Exit | Acquired | ||
Companies | |||
Valuation | |||
Acquirer | |||
Sources | 1 |
Nationwide Mutual Insurance Company Acquisitions
3 Acquisitions
Nationwide Mutual Insurance Company acquired 3 companies. Their latest acquisition was E-Risk Services on January 03, 2019.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
1/3/2019 | Acquired | 2 | ||||
9/28/2016 | ||||||
4/1/2006 |
Date | 1/3/2019 | 9/28/2016 | 4/1/2006 |
|---|---|---|---|
Investment Stage | |||
Companies | |||
Valuation | |||
Total Funding | |||
Note | Acquired | ||
Sources | 2 |
Nationwide Mutual Insurance Company Partners & Customers
10 Partners and customers
Nationwide Mutual Insurance Company has 10 strategic partners and customers. Nationwide Mutual Insurance Company recently partnered with Waffle Insurance on April 4, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
4/18/2023 | Licensee | United States | Why Nationwide became Waffle's preferred home and auto carrier Nationwide recently announced a new partnership with Waffle , an insurtech company that offers all major personal insurance lines , to bring Nationwide 's homeowners and auto insurance products to Waffle customers through its online platform . | 1 | |
3/29/2023 | Licensee | United States | Waffle partners with Nationwide This partnership makes Nationwide the preferred auto and homeowner insurance carrier for Waffle Insurance and will include the direct integration of Nationwide 's auto & home products onto the Waffle Insurance platform . | 3 | |
3/20/2023 | Partner | Swiss Re, and CompScience | Switzerland, and United States | CompScience Launches AI-Powered Workers’ Comp Product Backed by Nationwide and Swiss Re `` We 're delighted to be part of a project that helps make workplaces safer and reduces the financial cost of insurance protection , '' said Sebastien Bert , Head Strategic Partnerships US , Reinsurance Solutions , Swiss Re . | 5 |
12/31/2022 | Licensor | ||||
12/15/2022 | Distributor |
Date | 4/18/2023 | 3/29/2023 | 3/20/2023 | 12/31/2022 | 12/15/2022 |
|---|---|---|---|---|---|
Type | Licensee | Licensee | Partner | Licensor | Distributor |
Business Partner | Swiss Re, and CompScience | ||||
Country | United States | United States | Switzerland, and United States | ||
News Snippet | Why Nationwide became Waffle's preferred home and auto carrier Nationwide recently announced a new partnership with Waffle , an insurtech company that offers all major personal insurance lines , to bring Nationwide 's homeowners and auto insurance products to Waffle customers through its online platform . | Waffle partners with Nationwide This partnership makes Nationwide the preferred auto and homeowner insurance carrier for Waffle Insurance and will include the direct integration of Nationwide 's auto & home products onto the Waffle Insurance platform . | CompScience Launches AI-Powered Workers’ Comp Product Backed by Nationwide and Swiss Re `` We 're delighted to be part of a project that helps make workplaces safer and reduces the financial cost of insurance protection , '' said Sebastien Bert , Head Strategic Partnerships US , Reinsurance Solutions , Swiss Re . | ||
Sources | 1 | 3 | 5 |
Nationwide Mutual Insurance Company Service Providers
1 Service Provider
Nationwide Mutual Insurance Company has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
|---|---|---|---|
Merger | Investment Bank | Financial Advisor |
Service Provider | |
|---|---|
Associated Rounds | Merger |
Provider Type | Investment Bank |
Service Type | Financial Advisor |
Partnership data by VentureSource
Nationwide Mutual Insurance Company Team
37 Team Members
Nationwide Mutual Insurance Company has 37 team members, including current Chief Executive Officer, Kirt Walker.
Name | Work History | Title | Status |
|---|---|---|---|
Kirt Walker | Chief Executive Officer | Current | |
Name | Kirt Walker | ||||
|---|---|---|---|---|---|
Work History | |||||
Title | Chief Executive Officer | ||||
Status | Current |
Compare Nationwide Mutual Insurance Company to Competitors
American Family Mutual Insurance Company (AmFam) operates as a property-casualty mutual insurance company. The company offers auto, home, life, umbrella, business, health, farm, ranch insurance, and retirement products. It was formerly known as Farmers Mutual Automobile Insurance Company and changed its name to American Family Mutual Insurance Company in 1963. AmFam was founded in 1927 and is based in Madison, Wisconsin.
Amica Insurance is a mutual insurance company. It offers automobile, home, and life insurance. The company also provides insurance for marine, personal umbrella liability, and other insurance products. The company was founded in 1907 and is based in Lincoln, Rhode Island.
New York Life Insurance Company is a mutual life-insurance company. New York Life's family of companies offers life insurance, retirement income, investments, long-term care insurance, institutional asset management, securities products and services, and retail mutual funds.
Pie Insurance operates a platform for workers' compensation insurance. Its platform matches price with risk across a broad spectrum of small business types, which allows Pie to offer affordable insurance to small business owners. The firm was founded in 2017 and is based in Washington, District of Columbia.
Covary is a P2P community sharing paid family and medical leave plans designed for freelancers. It focuses on income protection, insurance, non-insurance, insurtech, fintech, the freelancing community, startups, and other areas. The company was founded in 2021 and is based in New York, New York.
Azos operates an online platform for life insurance services. It offers personalized insurance products and services. It allows its customers to plan for their financial future. It was founded in 2020 and is based in Sao Paulo, Brazil.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.