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.

Madison, United States · 16+ investments · 12 portfolio companies

Seed
Early Stage
Growth
Fintech
Insurtech
Headquarters
Madison, United States
Founded
2016
AUM
$350.0M
Portfolio Companies
12
Total Investments
16
Last Investment
May 2023
Geographic Focus
North America

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 has made 16 investments in Fintech and Insurtech, including Steady, POSH and HappyMoney.

Portfolio12

Co-investors24

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24 co-investors across 44 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×18 · Bank ×2 · Corporate VC ×1 · 32 shared rounds

Investment History

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