Erie Insurance's venture arm invests in Blitzy and HiddenLayer

Nov 12, 2026
Erie Strategic Ventures backs Blitzy, which runs thousands of AI agents to modernise codebases, and AI security company HiddenLayer. Amounts were not disclosed.

Erie Strategic Ventures, the venture capital arm of Erie Insurance, has invested in Blitzy and HiddenLayer, the insurer said in a press release. It did not disclose the amounts.

Blitzy builds an autonomous software development platform for large enterprise codebases. It maps a codebase with its own ontology and graph, then runs thousands of AI agents in parallel to modernise legacy systems and build new products. HiddenLayer sells security for generative, agentic and predictive AI applications, covering AI supply chain checks, attack simulation and runtime protection.

The fund, launched in August 2022, invests across the insurance value chain and nearby areas, and works with Cerity Partners Ventures. "We are continuously exploring high-value ways to safely apply AI," said Keith Kennedy, senior vice president for Next Level Innovation at Erie Insurance. Erie serves nearly seven million policyholders in 12 states and Washington, D.C.

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