CMFG Ventures adds MortgageHippo to its portfolio


The venture capital arm of CUNA Mutual Group, CMFG Ventures, announced its latest investment in MortgageHippo. The Chicago-based startup provides a digital mortgage platform to guide consumers through every step of the mortgage origination process. CMFG Ventures led the extension for the company’s seed round of approximately $2.25 million. “Mortgage lending is the cornerstone of credit unions’ relationships with their members, so it is critically important that their mortgage experience is simple, convenient, and seamless” – said Brian Kaas, president and managing director, CMFG Ventures. Get a feel for MortgageHippo below.