Xconomy: CUNA Mutual Group Venture Arm Exits Stealth, Reveals Investments

CMFG Ventures, an arm of CUNA Mutual Group that supports fintech and insurance technology startups, says it led a $10 million Series A investment in Chicago-based ForeverCar, which helps users purchase extended vehicle warranties.

Madison, WI-based CUNA Mutual provides insurance and financial services to its member organizations, many of which are credit unions. According to company materials, CUNA Mutual works with 95 percent of the country’s credit unions. Read the full story here.