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USAA Corporate Development

Venture Capital Investments

Our vision is to facilitate a full range of highly competitive financial products and services for the military and their families by investing in innovative and disruptive businesses

Contact Us to learn more about our partnerships

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Why USAA

Strategic Value

We partner with companies that offer strategic value, driving benefit to our members and mission.

Fund Commitment

Our focus is on making members' lives easier rather than investment horizons and exit timelines.

Active Investors

Introductions are made to USAA lines of business that are often active in the growth of your portfolio.

Areas of Focus

USAA strategically invests in four key focus areas:

FinTech

Technologies relating to payments, lending, investing, etc. that enable USAA to provide simpler, more effective financial solutions for its members.

Security, Data, and AI

Systems enabling secure authentication and identity management systems plus fraud prevention, personalization, underwriting and risk detection and avoidance.

InsurTech

Technologies enabling connected cars, homes and wearables that are transforming the future of our insurance products: auto, property, life and health.

Enterprise Infrastructure

Solutions enabling member and employees including communication technologies, operational capabilities (Cloud, Containerization, DevOps, etc.) and distribution/mobility platforms.

How Much Do We Invest?

Our investments commonly range from $1M to $20M, with our ownership percentages usually below 20%.

Our Portfolio

With a portfolio of over 30 current and exited investments USAA Corporate Development possesses a well-defined process for closing investments efficiently.

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Partner Filters

Automat.ai

Develops a platform that lets businesses build conversational software powered by AI across a range of modern mobile messaging platforms.

Visit Automat.ai

BillGO

BillGO is a real time payments company whose mission is to relentlessly advance payment systems to accelerate speed, efficiency and security. BillGO achieves this mission through a diverse set of products and services.

Visit BillGO

ClickSWITCH

Automated technology that simplifies the process of switching direct deposits or automated payments for consumers.

Visit ClickSWITCH

Coinbase

Coinbase is a bitcoin wallet and platform where merchants and consumers can transact with the new digital currency bitcoin.

Visit Coinbase

Hosta A.I.

Hosta A.I. leverages Artificial Intelligence to detect 1, 2, and 3-dimensional measurements, itemized material and content, floorplans, CAD models and more customized reports from just a few photos, no special cameras, equipment or apps required.

Visit Hosta A.I.

Enveil

Provides scalable commercial solutions to enable full lifecycle security at scale. The company ensures that the content of the interaction, the results, and the data itself are always protected.

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Gridspace

Develops software to make complex interactions easy to understand by making them searchable, accessible, and organized. The company's mission is to clarify and elevate business communication.

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ID.me

ID.me is a digital identity network that allows consumers to prove who they are online while controlling how their information is shared with brands. For participating organizations, ID.me acts as a trusted intermediary, capable of verifying consumer identity and group affiliations in real-time. This allows brands to ensure a consistent customer experience across offline and online channels while reducing costs, fraud and security risks associated with manual verification. ID.me has partnered with leading brands, including Under Armour, Overstock.com, Uber, Jockey and dozens more across a wide spectrum of retail categories. ID.me's plug-in technology works with the leading ecommerce platforms, including Magento, Demandware and Spree.

Visit ID.me

Akka

Provides Java virtual machine (JVM) application development platforms for building microservices and fast data applications. With the Lightbend Reactive Platform, developers can create message-driven applications that scale on multicore and cloud computing architectures by using technologies like Lagom, Play Framework, Akka, Apache Spark, Scala, and Java.

Visit Akka

MX

MX, formerly MoneyDesktop, develops omnibanking technologies that enable partners and financial institutions to break down silos and drive customer-centric banking relationships. MX brings financial management and transactional banking features together in a single native cross-platform app. The company also offers a data API that integrates seamlessly with current apps, enabling the omnichannel experience users crave.

Visit MX

Narrative Science

Narrative Science transforms data into high-quality editorial content. The company's technology application generates news stories, industry reports, headlines and more at scale and without human authoring or editing. Narratives can be created from almost any data set, be it numbers or text, structured or unstructured.

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Prosper

Prosper is a peer-to-peer lending marketplace that connects people who want to invest money with people who want to borrow money. On Prosper.com, borrowers list loan requests between $2,000 and $25,000, and individual lenders invest as little as $25 in each loan listing they select. The unsecured personal loans are used by Prosper borrowers for a variety of purposes including paying down high interest rate debt and helping with small business funding.

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RepairPal

RepairPal is the only trusted nationwide auto repair network with approximately 3,000 RepairPal Certified shops. RepairPal is transforming auto repair, qualifying only the best shops, and empowers the consumer, educating them about their vehicles while directing them to quality shops. RepairPal is the #1 auto repair website with approximately 4 million unique Visitors per month.

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Robin Systems

Robin Systems is focused on reinventing IT infrastructure for an increasingly data-centric world. Robin is pioneering the creation of the industry's first data-centric compute and storage containerization software to help enterprises accelerate, consolidate, and simplify their modern data applications. Robin's software significantly improves the performance of modern data applications, helping enterprises boost application performance while reducing spend.

Visit Robin Systems

Roost

Roost has developed a connected platform that delivers the ultimate in installation simplicity and the most affordable way for consumers to enter the smart home space. Roost's initial hardware solution, the Roost Smart Battery for smoke alarms, addresses a disruptive retrofit opportunity to transform any existing smoke alarm that uses a 9V battery into a smart smoke alarm.

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Snapsheet

Snapsheet delivers the best claims experiences globally. We provide unmatched virtual claims management solutions combining technology, data and people for more than 75 clients.

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Socotra

Cloud-based, productized insurance core platform that enables carriers to easily and efficiently manage complex interactions throughout the lifecycle of policies, whether single line, single state or multi-line, multi-country. The platform supports underwriting, policy administration, claims, billing, reporting, and more.

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TrueCar

TrueCar is an automotive solutions provider focused on changing how cars are sold by helping qualified dealer partners to gain incremental market share and reduce costs. TrueCar.com is a transparent, visual publisher of new car transaction data. TrueCar.com price reports help both dealers and consumers to agree on the parameters of a fair deal by providing an accurate, comprehensive and simple understanding of what others actually paid for the identically equipped new car over the last 30 days both locally and nationally. TrueCar works with a nation-wide network of Certified Dealers that provide up-front, no-haggle, competitive pricing to assist some of the nation's largest and most well respected membership and service organizations to meet the auto buying needs of their members and customers. TrueCar became a publically traded company in May 2014.
STOCK TICKER (NASDAQ): TRUE

Visit TrueCar

Vast

Vast, founded in 2005, connects buyers and sellers of cars and homes through data-driven discovery experiences. CarStory.com, the company's consumer marketplace, utilizes a data platform to understand consumer intent and match each shopper with the right vehicle. It now curates over 3.5 million unique vehicles via a network of over 6,000 participating dealerships nationwide.

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Commerce Ventures

Commerce Ventures is a venture capital firm with a unique and strategic blend of leading entrepreneurs, senior executives and corporates from its focus sectors (mobile, retail, payments, digital marketing). In addition to providing capital, the firm is committed to helping portfolio companies succeed in scaling their commerce-related innovations.

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Fraser McCombs Capital

Fraser McCombs Capital (FMC) is a venture and growth equity investment firm focused on automotive technology. FMC was created to bring capital and support for entrepreneurs in a traditionally underserved industry. By leveraging a deep knowledge base, FMC develops connections between key players in the sector and their portfolio companies. Its investors also represent some of the most influential companies in the industry, including finance & insurance companies, software and hardware suppliers, dealers & distributors, and providers of fleet management and information services.

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InCube Ventures

InCube is a venture firm that invests in and nurtures promising life sciences companies. Its mission is to identify extraordinary innovations that solve unmet clinical needs for large patient populations, and help bring those innovations to market. InCube Ventures is the venture arm of InCube Labs, a research and development lab located in Silicon Valley and San Antonio.

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Montage Ventures

Montage Ventures is a venture capital firm focused on investing at the gap between Angel and Series A rounds in financial services, e-Commerce and healthcare opportunities. The firm engages with start-ups early and empower them, from the idea creation moment to expansion stage to fully scaled and thriving.

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Academy Investor Network

AIN is focused on investing in veteran-led startups and civilian-led dual-use technologies focused on national security and frontier technology.

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Nyca Partners

Nyca Partners is a venture capital and advisory firm exclusively focused on financial technology, aiming to help entrepreneurs transform payments, credit models, and financial infrastructure. Nyca has experience and deep connections in both finance and technology, which help provide a unique perspective and facility to help entrepreneurs transform payments, credit models, digital advice, and financial infrastructure.

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Automatic

Automatic turns almost any car into a connected car. By pairing Automatic's connected car adapter and apps for iPhone, Android, and web, drivers are able to enhance their driving experience with a host of connected services on the Automatic platform. Automatic helps customers drive safer and smarter-with applications that diagnose engine trouble, detect accidents and send emergency response, and help customers save money on driving.

Visit Automatic

Care.com

Care.com offers a service used by families seeking care providers, providing a place to easily connect with care providers, share caregiving experiences and get advice. The company helps families address the lifecycle of care needs they go through - child care, senior care, special-needs care, tutoring, pet care, housekeeping and more. Care.com also provides tools and information to help families make safer and more informed decisions throughout the search and hiring process, including monitored messaging, access to background checks, recorded references, and an online safety guide. Care.com became publicly traded in Jan 2014.

Visit Care.com

Cartera Commerce

Cartera Commerce is a provider of card-linked marketing solutions that increase revenue and customer loyalty for merchants, banks, card issuers and loyalty programs. For merchants, Cartera powers OfferLink, a card-linked advertising network that markets offers to consumers - including active, linked cards - to help acquire and retain customers. For banks, card issuers and loyalty programs, Cartera provides a card-linked offer platform that powers personalized in-store and online shopping programs to build consumer engagement, maximize card spend and create new revenue streams. Cartera's platform delivers card-linked offers via multiple digital marketing channels including Websites, online banking, email, mobile, social media and browser apps.

Visit Cartera Commerce

Flo Technologies

Provides accessible technology solutions that enable and transform the control and conservation of water at home. Its app continuously monitors the user's home's water supply to catch all leaks, prevent water damage, and save the user money.

Visit Flo Technologies

MindMeld

A cloud-based service called MindMeld that enables companies to build intelligent voice interfaces for any application or device. Nearly 1000 companies use this service to power next-generation, voice-driven experiences that enable users to quickly find and navigate information in a range of applications.

Visit MindMeld

ObserveIT

Offers IT executives a method to clearly and easily understand who did what, when, within the corporate IT environment. ObserveIT enhances the ability to audit, monitor, track and record user behavior with real-time, context-aware video monitoring within the server.

Visit ObserveIT

Saffron Technology

Saffron Technology brings the simplicity of brain-like thinking to big data analytics. Based on "associative memory" — the same way brains remember connections and similarities in the world around us – Saffron develops and delivers Anticipatory Sense-Making and Predictive Analytics to help businesses exploit data driven intelligence to drive new and greater value to their customers. Saffron's Natural Intelligence Platform is a market-proven cross-industry analytics platform that supports real-time sense-making, decision support, and experience-based prediction. Its Customers apply Saffron to MRO decision support, predictive CRM, risk intelligence, security threat intelligence, and market intelligence. Saffron works with "big data" – high velocity, complex, unstructured data sources – and provides the agility needed for non-stop incremental learning and adaptation. Saffron was acquired by Intel in Oct 2015.

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Personal Capital

Personal Capital is a next-generation financial advisor, aiming to give individuals with complex financial lives a better way to manage their financial lives. Personal Capital offers a digital wealth management service that combines a free financial dashboard to gather and analyze financial data, with a financial advisor to help manage investments.

Visit Personal Capital

HomeStory

HomeStory is the leading provider of a cash-back rewards based real estate marketplace.

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Intezer

Intezer is a cybersecurity company that detects mutations of any threat seen in history by recognizing even the slightest amount of code reuse. This technology is helping security teams protect their cloud workloads and accelerate incident response.

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Lumotive

Lumotive's transformative optical semiconductors are enabling Lidar 2.0 for consumer, mobility, and industrial markets. The company’s Light Control Metasurface (LCM™) optical semiconductors utilize revolutionary, patented beam-steering technology to deliver an unprecedented combination of best-in-class performance, cost, reliability, and size. Lumotive’s LCMs enable the industry’s first software-defined lidar with advanced perception capabilities. The company has received measurable industry acclaim with inclusion in the following rankings: Sensors Converge/Fierce Electronics 2021 Startup of the Year, Built In Seattle’s Best Small Companies to Work For, JMP Securities Efficient Fifty list of the most interesting private companies in industrial and energy technology, and EE Times’ Silicon 100: Emerging Startups to Watch. Lumotive’s LCM technology was recently recognized with two CES 2022 Innovation Awards, a 2022 SPIE PRISM Award, a 2022 Business Intelligence Group "Excellence in Artificial Intelligence" Award, and a prestigious Edison Award. Investors include Bill Gates, Samsung Ventures, USAA, MetaVC Partners, and Quan Funds.

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Trust & Will

Trust & Will is a provider of digital estate planning solutions.

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Grow Credit

Grow Credit provides an accessible, effective credit building tool focused on financial inclusion for no-credit or thin-file borrowers that does not cause customers to go into debt. Grow Credit's innovative credit building service lowers the barrier of entry for millions of Americans who need to establish and build credit. Combining a small-dollar loan with a virtual MasterCard, the service manages subscription payments, such as Netflix, and reports loan balances to the credit bureaus.

Visit Grow Credit

Scout Ventures

Scout Ventures is an early-stage venture capital firm that invests in frontier technologies built by founders from the military, intelligence community, and national labs.

Visit Scout Ventures

Bigeye

Bigeye is an enterprise-grade data observability for modern and legacy data stack. Bigeye brings data trust to the enterprise through lineage-enabled data observability, helping teams identify, triage and resolve data incidents faster.

Visit Bigeye

Tidal Cyber

Tidal Cyber's Threat-Informed Defense platform provides data-driven visibility to help enterprises organize critical threat and defensive intelligence structured against MITRE ATT&CK and synthesize that intelligence into coverage maps using threat profiles that prioritize adversaries under TTPs. Security teams can pinpoint relevant cyber threats, visualize how their current stack of security solutions addresses them, and identify any security gaps.

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ABOUT USAA

USAA strives to facilitate the financial security of the military community with a full suite of financial products and services.

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Privacy

Use of the term "member" or "membership" does not convey any eligibility rights for auto and property insurance products, or legal or ownership rights in USAA. Membership eligibility and product restrictions apply and are subject to change. USAA means United Services Automobile Association and its insurance, banking, investment and other companies. Banks Member FDIC, Investments provided by USAA Investment Management Company and USAA Financial Advisors INC., both registered broker dealers, and affiliates. The trademarks, logos and names of other companies, products and services are the property of their respective owners.