TruStage Ventures
Profile, fund size and portfolio
TruStage Ventures is the corporate venture arm of TruStage (CUNA Mutual Group), an insurance company. It was founded in 2016 and is based in Madison, United States. It invests from pre-seed to Series A. Sectors it names: fintech, insurtech.
Every figure links to its source
Snapshot
Data behind this graphic
| Measure | Value | Unit | Kind | Source |
|---|---|---|---|---|
| Headline size | USD 350M+ | Cumulative invested | Stated by the firm or its parent | S1 |
| Companies backed | 53+ | companies | Stated by the firm | S1 |
| Companies on the firm's portfolio page | 18 | companies | Counted from the firm's own list | S3 |
Sources: S1 TruStage Ventures: home; S3 TruStage Ventures: portfolio.
Where it invests and who leads it
Key facts
| Fact | Value | Status | Source |
|---|---|---|---|
| Parent company | TruStage (CUNA Mutual Group) | Single source | S1 |
| Parent industry | Insurance | Single source | S1 |
| Founded | 2016 | Single source | S5 |
| Headquarters | Madison, United States | Reported by Wikipedia: CUNA Mutual Group (headquarters) | S6 |
| Status | Active | Single source | S1 |
| Capital source | Parent company only | Single source | S1 |
| Headline size | USD 350M+ (Cumulative invested) | Single source | S1 |
| Companies backed | 53+ | Single source | S1 |
| People on the team page | 9 | Single source | S2 |
| Stages | Pre-seed, Seed, Series A | Single source | S4 |
For founders
Portfolio
The firm's portfolio page lists 18 companies.S3
The firm also states 53+ companies backed. The page list and the stated total measure different things.S1
Every company on the TruStage Ventures list
18 companies, as listed on the firm's own website.S3 Read the firm's list.
- Arkatechture
- Caribou
- CarSaver
- Clerkie
- Current
- DataVisor
- Eltropy
- Ethos
- Goalsetter
- HappyMoney
- Matic
- Maxwell
- Momnt
- Pulsate
- RenoFi
- SmartAsset
- Splash Financial
- Zirtue
Fund vehicles
| Vehicle | Size | Source |
|---|---|---|
| Discovery Fund | USD 5M | S4 |
Recent rounds
| Date | Company | Round | Amount | Led by the firm | Source |
|---|---|---|---|---|---|
| 2023-09-06 | Momnt | Not stated | USD 15M | Yes | S7 |
History
- First documented deal: CUNA Mutual venture arm leads a round (October)S5
Official pages
Read the firm's own pages for current information.
Sources
- S1TruStage Ventures: homeFirm
- S2TruStage Ventures: teamFirm
- S3TruStage Ventures: portfolioFirm
- S4TruStage VenturesFirm
- S5Journal Sentinel: CUNA Mutual venture arm leads deal (26 Oct 2016)Press
- S6Wikipedia: CUNA Mutual Group (headquarters)Third-party report
- S7Business Wire: Momnt announces new USD 15M investment led by TruStage Ventures (6 Sep 2023)Press
Disclaimer and corrections
Not affiliated. This page is not affiliated with, endorsed by or sponsored by TruStage Ventures or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.
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