MGIC Investment Corporation
IPOMortgage Insurance | MGIC
Public · Milwaukee, United States · Founded 1957 · $250.0M raised
- Headquarters
- Milwaukee, Wisconsin
- Employees
- 1001–5000
- Founded
- 1957
- Business Model
- B2B
- Website
- mgic.com
- Total Funding
- $250.0M
- Last Round
- $250.0M Venture RoundJan 1985
- Rounds
- 1
- Type
- Public
About
MGIC Investment Corporation (NYSE: MTG) is the parent of Mortgage Guaranty Insurance Corporation, the founder and premier provider of private mortgage insurance (PMI) in the United States. Founded in 1957 by Max Karl, MGIC has helped more than 13.5 million borrowers achieve homeownership by enabling low-down-payment loans for lenders including banks, mortgage bankers, and credit unions.
Summary
MGIC Investment Corporation is a Fintech company based in Milwaukee, United States, founded in 1957. It has raised $250.0M in total across 1 round, most recently a $250.0M Venture Round round in Jan 1985. Investors include Northwestern Mutual Future Ventures.
Tech & App Stack
10 technologies & apps tracked
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Funding History
Aug 1991
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Full funding history, per-round amounts, and investor participation.
Investors
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