BLOOMINGTON, Ill.,
15
May
2024
|
07:00 AM
America/Chicago

Innovation and tech at State Farm revealed in patents for sale

Website highlights patent inventions and where they can be found

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State Farm launched a new website highlighting some patent inventions for sale and the tech spaces where they can be found.

More than an insurance company, State Farm is on the forefront of innovation and is showcasing some of its patented technology available for licensing, purchase or collaboration opportunities.

“As one of the most innovative companies in our industry, at State Farm we pride ourselves on creating the most advanced, leading-edge technologies to help keep our policyholders safe," said Haden Kirkpatrick, Vice President - Innovation & Venture Capital. "We’re excited to launch our patent website to extend our Intellectual Property assets and help offer these advanced technologies to firms which share our mission of helping more people in more ways. As we look to the future, we see the opportunity to predict and prevent losses, keeping our policyholders and fellow citizens safer and better protected than ever before.”

The patents in this portfolio fall under a variety of buckets including:

  • Artificial Intelligence Software
  • Autonomous & Electric Vehicles
  • Blockchain
  • Auto Telematics
  • Smart Home Technology and more

Interested parties can go to the website where there is a representative snapshot of some of the cutting-edge work being done at State Farm. If you want to learn more about our robust portfolio and are interested in purchasing, licensing or collaborating with us, email patents@statefarm.com and our patent team will respond to discuss your area of interest.

Where do these inventions come from?

State Farm is more than just an insurance company. With a focus on innovation and technology, employees are encouraged to think big when it comes to how the company can meet customers in new and different ways. Employees across the organization contribute to our growing patent portfolio.

About State Farm®:

About State Farm:

For over 100 years, the mission of State Farm has been to help people manage the risks of everyday life, recover from the unexpected and realize their dreams. State Farm Mutual Automobile Insurance Company and its affiliates are the largest providers of auto and home insurance combined in the United States. Its more than 19,200 agent offices and over 62,000 employees serve over 96 million policies and accounts – including auto, fire, lifehealth, commercial policies and financial services accounts. Commercial auto insurance, along with coverage for rentersbusiness ownersboats and motorcycles, is also available. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 32 on the 2025 Fortune 500 list of largest companies. For more information, please visit http://www.statefarm.com

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