CMFG Ventures
Overview
CMFG Ventures, LLC is the venture capital arm of CUNA Mutual Group . CMFG Ventures houses two investment funds, one focused on strategic investments and partnerships to connect fintechs with credit unions and financial institutions, and one focused on early-stage investments in fintechs with diverse founding teams . CMFG Ventures actively engages and evaluates startup investments that best support credit unions in serving their members with new and innovative technology products and services . CMFG Ventures' investment strategy targets startups focusing on data and analytics, consumer lending and asset protection technology, and advanced mobile channels .
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Current | Oct 2019 | Series B | Lead |
| Zest AI | Nov 2022 | Series F | Co-investor |
| Happy Money | Feb 2022 | Series D Extension | Lead |
| Caribou | May 2022 | Series C | Co-investor |
| Caribou | May 2022 | Series C | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is CMFG Ventures based?
CMFG Ventures is headquartered in Madison, Wisconsin, United States.
When was CMFG Ventures founded?
CMFG Ventures was founded in 2016.
How many portfolio companies does CMFG Ventures have?
CMFG Ventures has 25 portfolio companies in Caplight's dataset.
What are some companies in CMFG Ventures's portfolio?
Portfolio companies visible on Caplight include Current, Zest AI, Happy Money, Caribou, Caribou.
What was CMFG Ventures's most recent investment shown here?
CMFG Ventures's most recent investment in this portfolio sample was in Zest AI in 2022.
What sectors does CMFG Ventures focus on?
CMFG Ventures focuses on FinTech, FinTech, FinTech, FinTech, FinTech, FinTech, FinTech, FinTech, FinTech, FinTech, FinTech, FinTech, FinTech, FinTech, FinTech, FinTech, FinTech, FinTech, FinTech, FinTech, FinTech, AI, Data & Cloud Infrastructure, FinTech, FinTech, Real Estate & PropTech, FinTech, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, Consumer & Commerce, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, Real Estate & PropTech, Enterprise Software, Enterprise Software, Consumer & Commerce, Real Estate & PropTech, Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Enterprise Software, Enterprise Software.
What company stages does CMFG Ventures focus on?
CMFG Ventures typically invests at the Early stage.
What is CMFG Ventures's AUM?
CMFG Ventures's assets under management are estimated between $250.0M and $500.0M.