CMFG Ventures
Overview
CMFG Ventures, also known as TruStage Ventures, is the venture capital arm of TruStage (formerly CUNA Mutual Group). The firm invests in fintech and insurtech startups that offer solutions to enhance the financial wellbeing of credit union members. It operates two main funds: a strategic fund focused on connecting fintechs with credit unions and financial institutions, and the "Discovery Fund," which focuses on early-stage investments in companies with diverse founding teams. Its investment strategy targets financial technology, data analytics, financial education, and digital channels.
Portfolio Companies
35
Website
trustage.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Debbie | Apr 2026 | Seed | Lead |
| Debbie | Apr 2026 | Seed | Lead |
| Flora Fertility | Apr 2026 | Seed | Co-investor |
| Block Time Financial | Mar 2026 | Series A | Lead |
| Cottage | Mar 2026 | Series B | Co-investor |
Key People
Brian Kaas
President And Managing Director - TruStage Ventures (formerly CMFG Ventures)
Al Cantrell
Managing Director, Investments
Benjamin Wydick
Senior Managing Director, Investment Strategy, Risk, And Platforms
Brian Bodell
Managing Director, Fintech Solutions
CRI Tom Jensen
Managing Director
Elizabeth Coston McCluskey
Managing Director, Discovery Fund
Keith Dunlap
Managing Director
Sam Das
Managing Director, TruStage Ventures
Abigail Sommers
Partner Management
Jacklyn Steffenhagen
Business Process Consultant, Partner Management TruStage
Jen Miller
Partner Wholesaler
Larry Quakenbush
Customer Partner Exchange Consultant
Lori Trebatoski
Consultant, Life Distribution Partner Management
M.Phil Celia Lohr
Partner Management Specialist
Ryan Bass
Sr. Manager, Intermediary Partner Development
Stephanie Zeno
Partner Solutions Manager
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
