
Northwestern Mutual Future Ventures
Milwaukee, Wisconsin, United StatesFounded 2017
Northwestern Mutual Future Ventures is the corporate venture capital arm of Northwestern Mutual, focusing on early-stage investments in startups. Its strategy is to invest in companies innovating across FinTech, WealthTech, Health & Wellness, and Data Analytics to transform how consumers achieve financial security and enhance digital capabilities for clients and advisors.
Deal activity increased 500% year-over-year (6 deals in the last 12 months). Average disclosed round size is $28.1M (across 20 rounds with reported amounts).
Portfolio
21
Fund Size
$200M
Top Stage
Seed
Last 12 Mo
6
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
21 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Series B | $40M | Feb 2026 | |
| Seed | $3M | Jan 2026 | |
| Series A | $20M | Nov 2025 | |
| Unknown | $82M | Oct 2025 | |
| Series B | $82M | Oct 2025 | |
| Series D | $104M | Sep 2025 | |
| Series D | $15M | Aug 2024 | |
| Seed | $3.3M | Oct 2022 | |
| SStimulus | Seed | $2.5M | Aug 2022 |
| Series A | $15M | Dec 2021 | |
| Series B | $26M | Nov 2021 | |
| Series A | $10M | Aug 2021 | |
| Seed | $2M | Jul 2021 | |
| Seed | $1.5M | Jul 2020 | |
| Series C | $45M | Mar 2019 | |
| Series B | $20.5M | May 2018 | |
| Series A | $9.5M | Feb 2018 | |
| Series B | $18M | Sep 2017 | |
| Seed | $1.1M | — | |
| Series A | — | — | |
| Series D | $62.5M | — |
Top Co-Investors
LiveOak Venture Partners3 shared
Royal Bank of Canada3 shared
Lightbank3 shared
Pantera2 shared
Apollo2 shared
CEAS Investments2 shared
Gaingels2 shared
Thrive Capital1 shared
Bain Capital Ventures1 shared
Stillmark1 shared
Silverton Partners1 shared
Battery Ventures1 shared
Y Combinator1 shared
Stage 2 Capital1 shared
Franklin Templeton1 shared
Launchpad Capital1 shared
One Way Ventures1 shared
Unlock Venture Partners1 shared
Tech Square Ventures1 shared
Last updated: 12 April 2026