CMFG Ventures
Madison, Wisconsincmfgventures.com
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 |
|---|---|---|---|
| Clerkie | Apr 2023 | Series A | Co-investor |
| Union Credit | Jan 2023 | Seed | Lead |
| Daylight | Nov 2022 | Series A | Co-investor |
| Zest AI | Nov 2022 | Growth Equity | Co-investor |
| Caribou | May 2022 | Series C | Co-investor |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.