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MassMutual Ventures

North America, Massachusetts, United States, Boston

Description

MassMutual Ventures (MMV) is the multi-stage venture capital arm of Massachusetts Mutual Life Insurance Company, strategically investing in innovative companies across North America, Europe, and Asia. Headquartered in Boston, MMV leverages its corporate backing to provide not just capital but also strategic insights and potential partnerships to its portfolio companies. The firm maintains a global footprint, with dedicated teams and funds focusing on distinct geographical markets, demonstrating a broad and diversified investment strategy aimed at fostering long-term growth.

MMV's investment thesis centers on several key sectors, including enterprise software, cybersecurity, financial technology (FinTech), and digital health. This specialized focus allows the firm to develop deep domain expertise and identify promising startups poised for significant growth within these critical industries. As a multi-stage investor, MMV participates in rounds from early-stage seed and Series A investments through to later-stage growth equity, adapting its approach to the specific needs and maturity of each company. This flexibility enables them to support companies throughout their lifecycle, from initial product development to extensive market expansion.

The firm has demonstrated significant capital deployment capabilities through multiple funds. In March 2023, MassMutual Ventures announced the close of its third North American and European fund, MMV III, with $300 million in committed capital, bringing its total assets under management to approximately $600 million across all its global funds. This substantial capital base allows MMV to make meaningful investments. Typically, MMV's initial check sizes range from $3 million to $15 million, though they can participate in larger follow-on rounds. With a portfolio exceeding 70 companies globally, MMV is an active and influential player in the venture capital landscape, seeking to back disruptive technologies and strong management teams.

Investor Profile

MassMutual Ventures has backed more than 129 startups, with 19 new investments in the last 12 months alone. The firm has led 38 rounds, about 29% of its total and boasts 17 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Seed rounds (top funding stages).
  • Majority of deals are located in United States, India, Singapore.
  • Strong thematic focus on Software, Financial Services, Information Technology.
  • Led 2 rounds in the past year.
  • Typical check size: $3M – $15M.

Stage Focus

  • Series A (27%)
  • Series B (25%)
  • Seed (16%)
  • Series Unknown (11%)
  • Series C (9%)
  • Private Equity (4%)
  • Series D (4%)
  • Series H (1%)
  • Series E (1%)
  • Series F (1%)

Country Focus

  • United States (70%)
  • India (7%)
  • Singapore (6%)
  • United Kingdom (3%)
  • Austria (2%)
  • Germany (2%)
  • Israel (2%)
  • Canada (2%)
  • Australia (2%)
  • Spain (2%)

Industry Focus

  • Software
  • Financial Services
  • Information Technology
  • Artificial Intelligence (Ai)
  • Fintech
  • Finance
  • Saas
  • Cyber Security
  • Insurtech
  • Insurance
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does MassMutual Ventures frequently co-invest with?

Google Ventures
North America, California, United States, Mountain View
Co-Investments: 7
Wavecrest Growth Partners
North America, Massachusetts, United States, Boston
Co-Investments: 7
Accel
North America, California, United States, Palo Alto
Co-Investments: 4
Aflac Global Ventures
North America, Georgia, United States, Columbus
Co-Investments: 4
Bessemer Venture Partners
North America, California, United States, San Francisco
Co-Investments: 5
AXA Venture Partners
Europe, Ile-de-France, France, Paris
Co-Investments: 8
Lightspeed Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 5
AllegisCyber
North America, California, United States, San Francisco
Co-Investments: 4
Ten Eleven Ventures
North America, California, United States, Burlingame
Co-Investments: 4
Endiya Partners
Asia, Andhra Pradesh, India, Hyderabad
Co-Investments: 7

Which angels does MassMutual Ventures often collaborate with?

BS
North America, Texas, United States, Austin
Shared Deals: 1
Daniel Curran
North America, California, United States, Santa Monica
Shared Deals: 1
PK
North America, Tennessee, United States, Nashville
Shared Deals: 2
BD
North America, Kentucky, United States, Louisville
Shared Deals: 2
LA
North America, California, United States, Palo Alto
Shared Deals: 1
TF
North America, Texas, United States, Dallas
Shared Deals: 2
Kunal Shah
Asia, Karnataka, India, Bengaluru
Shared Deals: 3
Andrea Palmer
North America, Ontario, Canada, Toronto
Shared Deals: 1
AK
North America, Pennsylvania, United States, Philadelphia
Shared Deals: 1
AP
North America, New York, United States, New York
Shared Deals: 2

What are some of recent deals done by MassMutual Ventures?

EduFund

Ahmedabad, Gujarat, India

EduFund offers a simple way for parents to evaluate and save for their child's education.

EducationFinanceFinTech
Series AJul 21, 2025
Amount Raised: $6,000,000
Runwise

New York, New York, United States

Runwise is a smart operating system company that provides a software platform for building heat management.

Information TechnologySensorSmart BuildingSoftware
Series BJun 9, 2025
Amount Raised: $30,000,000
Octaura

New York, New York, United States

Trading, Data & Analytics for Fixed Income

AnalyticsFinanceFinancial ServicesFinTechTrading Platform
Series UnknownJun 9, 2025
Amount Raised: $46,500,000
Empathy

New York, New York, United States

Empathy is a support system mobile application that guides and supports families along the journey of loss.

AppsHealth CareInformation TechnologySoftware
Series CMay 29, 2025
Amount Raised: $72,000,000
CloudSEK

Singapore, Central Region, Singapore

CloudSEK provides contextual AI solutions for managing digital risks and threats.

Artificial Intelligence (AI)Information TechnologyMachine LearningSaaSSecurity
Series BMay 20, 2025
Amount Raised: $19,000,000
DePoly

Sion, Valais, Switzerland

DePoly is a PET-to-raw-material recycling company that converts dirty, post-consumer plastic items into valuable raw materials.

ChemicalRecyclingWaste Management
SeedApr 29, 2025
Amount Raised: $23,000,000
Crux

New York, New York, United States

Crux is a capital market company that provides debit marketplace,transferable tax credits, and market intelligence for tax credit transfers.

Clean EnergyFinanceLendingManufacturingRenewable Energy
Series BApr 16, 2025
Amount Raised: $50,000,000
Treehouse Labs

Singapore, Central Region, Singapore

Treehouse Labs is an IT firm.

Internet
Series UnknownApr 15, 2025
VIA

Somerville, Massachusetts, United States

VIA helps energy companies realize the value of their data through Artificial Intelligence (AI) and Blockchain.

AnalyticsArtificial Intelligence (AI)BlockchainMachine LearningPredictive Analytics
Series BMar 18, 2025
Amount Raised: $28,000,000
XUND

Vienna, Wien, Austria

We enable healthcare companies to digitize patient interactions and translate data into actionable insights.

Artificial Intelligence (AI)Electronic Health Record (EHR)Health CareHealth DiagnosticsHealth InsuranceHospitalMedicalNatural Language ProcessingPersonal HealthPharmaceutical
SeedMar 5, 2025
Amount Raised: $6,371,950