Milwaukee-based Northwestern Mutual Future Ventures will dedicate $20m of its funding to investing in startup companies founded by women.
This allocation will advance the firm’s investment strategy of engaging startups whose technologies have the potential to transform how clients experience financial security, as well as increase focus on technological disruption.
The investment criteria is aligned with Northwestern Mutual Future Venture’s key strategic areas of focus:
– Building for consumers’ changing financial preferences
– Reimagining the client experience
– The digital health revolution
– Transformational analytics and technologies
Since launching in 2017, the Future Ventures Fund has invested more than $50m in 18 startups that align with Northwestern Mutual’s investment strategy and goals.