Erie Strategic Ventures invests in Blitzy and HiddenLayer to advance innovation in AI infrastructure

The investments add enterprise software development and AI security businesses to Erie Strategic Ventures' portfolio.

Rhea-AI Summary

Erie Insurance (ERIE) expanded its venture portfolio through investments by Erie Strategic Ventures in AI infrastructure startups Blitzy and HiddenLayer. Blitzy develops software tools for enterprise codebases, while HiddenLayer provides security for AI applications. Erie said the investments support its efforts to safely apply AI.

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• Minor pointInvestments in Blitzy and HiddenLayer expand Erie Strategic Ventures' AI infrastructure portfolio.

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Erie Insurance's corporate venture capital arm expands its portfolio with two startups focused on AI infrastructure modernization and security

ERIE, Pa., Nov. 12, 2026 /PRNewswire/ -- Erie Strategic Ventures, the venture capital arm of Erie Insurance (ERIE), today announced investments in two new portfolio companies: Blitzy and HiddenLayer.

The Erie Strategic Ventures fund, launched in August 2022, focuses on investing in the personal and commercial insurance value chain, as well as adjacencies that offer potential to deliver value to ERIE, its agents and policyholders. ERIE collaborates with corporate venture capital management firm Cerity Partners Ventures to help oversee and operate Erie Strategic Ventures. The two investments announced today support startups building AI infrastructure tools that help enterprises adopt and scale AI.

"We are continuously exploring high-value ways to safely apply AI," said Keith Kennedy, senior vice president for Next Level Innovation at Erie Insurance. "Partnering with Blitzy and HiddenLayer enables our efforts in these areas."

• Blitzy is an autonomous software development platform for enterprise-scale codebases. Blitzy leverages a proprietary ontology and graph to understand codebases of any size. Grounded in this context, Blitzy orchestrates thousands of AI agents in parallel to rapidly modernize legacy systems and accelerate new product development.
• HiddenLayer secures agentic, generative and predictive AI applications across the entire AI lifecycle, from discovery and AI supply chain security to attack simulation and runtime protection. Backed by patented technology and industry-leading adversarial AI research, the platform is purpose-built to defend AI agents and systems against evolving threats. HiddenLayer protects intellectual property, helps ensure regulatory compliance and enables organizations to safely adopt and scale AI with confidence.

Erie Insurance is a Fortune 500 auto, home, business and life insurance company based in Erie, Pa. Founded in 1925, ERIE has a long-standing reputation for financial strength and customer service. ERIE is rated A (Excellent) by AM Best and serves nearly seven million policyholders through a network of over 14,000 independent agents across 12 states and Washington, D.C.

Beyond capital investment, Erie Strategic Ventures draws on Erie Insurance's more than 100 years of industry expertise to help portfolio companies innovate and scale. As a trusted leader in insurance, ERIE serves as both a customer and strategic partner — fostering collaboration, accelerating development and advancing shared goals.

Learn more about Erie Strategic Ventures at www.erieinsurance.com/ventures.

About Erie Insurance
Erie Insurance Group, based in Erie, Pennsylvania, is the 10th largest homeowners insurer, 11th largest automobile insurer and 9th largest commercial lines insurer in the United States based on direct premiums written, according to AM Best Company. Founded in 1925, Erie Insurance is a Fortune 500 company and the 16th largest property/casualty insurer in the United States based on net premiums written. Rated A (Excellent) by AM Best, ERIE has nearly seven million policies in force and operates in 12 states and the District of Columbia. News releases and more information are available on ERIE's website at www.erieinsurance.com.

About Cerity Partners Ventures
Founded in 2009, Cerity Partners is a nationally recognized full-service wealth management firm serving high- and ultra-high-net-worth individuals and their families, businesses and their leadership teams, and nonprofit organizations. Through its merger with Touchdown Ventures in 2024, the firm formed Cerity Partners Ventures (CPV) to help corporations manage their venture capital programs. CPV works closely with each corporation to achieve the financial and strategic benefits from venture capital investments. Visit ceritypartners.com to learn more. 

View original content:https://www.prnewswire.com/news-releases/erie-strategic-ventures-invests-in-blitzy-and-hiddenlayer-to-advance-innovation-in-ai-infrastructure-302935988.html

SOURCE Erie Indemnity Company

FAQ

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Which AI startups did Erie Insurance invest in?

Erie Insurance's venture capital arm, Erie Strategic Ventures, invested in Blitzy and HiddenLayer. Blitzy focuses on enterprise software development, while HiddenLayer focuses on securing AI applications.