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CMFG Ventures

Corporate VC

CMFG Ventures (now TruStage Ventures) is the corporate venture capital arm of TruStage (formerly CUNA Mutual Group), investing over $300 million in fintech companies that build innovative financial solutions for credit unions and their members.

CMFG Ventures was founded in 2016, is headquartered in Madison, United States, has 16 recorded investments, and includes 11 companies in its recorded portfolio.

Seed
Early Stage
Growth
Fintech
Insurtech
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Headquarters
Madison, United States
Founded
2016
Website
cmfgventures.com
AUM
$350.0M
Portfolio Companies
11
Total Investments
16
Last Investment
May 2023
Geographic Focus
North America

Indexed holds 11 portfolio companies and 16 funding rounds for this investor. The full record is or through the API.

Investment Thesis

Accelerate fintech growth by funding innovators improving financial services and connecting fintechs with credit unions and their members.

CMFG Ventures is a Corporate VC firm based in Madison, United States. It was founded in 2016. It has made 16 investments, including Steady, POSH and HappyMoney. Focus areas include Fintech and Insurtech.

Portfolio11

Co-investors24

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24 co-investors across 41 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×18 · Bank ×2 · Corporate VC ×1 · 33 shared rounds

Investment History

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CMFG Ventures on Indexed.vc
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