CVC  CMFG Ventures

http://www.cmfgventures.com/





     Office Locations:

5910 Mineral Point Road
Madison, WI 53705

 

Stages:

  • Early
  • Growth


 

Industries:

  • Financial Services
  • Information Technology
  • Media & Digital Media
  • Software & Internet

  •  

    Description:

    CMFG Ventures is the venture capital arm of CUNA Mutual Group, a financially strong insurance company serving 95% of the U.S. credit unions for more than 80 years. The firm makes initial investments of $1 million to $5 million in Series A or B companies. CMFG will invest in the following sectors: Financial Technology, Data Analytics, Financial Education & Protection, and Digital Channels.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Brian Kaas Managing Director
    Mandi Salo Associate
    Mike Kraus Associate
    Sam Das Principal

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      07/21/2021


      Artis Technologies


      GA


      $7,000,000


      Series A


      06/24/2021


      SmartAsset


      NY


      $110,000,000


      Series D


      06/17/2021


      Splash Financial


      OH


      $44,300,000


      Series B


      06/03/2021


      MotoRefi


      VA


      $45,000,000


      


     

    Portfolio companies include:


      Artis Technologies
        web link


      Current
        web link


      forevercar
        web link


      Happy Money
        web link


      JennyLife
        web link


      Mirador Financial
        web link


      MortgageHippo
        web link


      MotoRefi
        web link


      Rippleshot
        web link


      SmartAsset
        web link


      Splash Financial
        web link


     

    Recent News: