Firm Profiles
MassMutual Ventures Overview
MassMutual Ventures (MMV) is a global, multistage venture capital investment firm which primarily invests in cybersecurity, healthtech, enterprise SaaS, financial technology, and climate tech companies – those that help transform the business operations and consumer relationships.
The firm typically participates in seed stage through growth stage funding rounds.
MassMutual, the sole limited partner of MMV, is a Fortune 500 financial services company which provides a wide range of wealth protection, accumulation, protection, and retirement services and products.
Founded in 2014, MassMutual Ventures is based in Boston, Massachusetts with additional offices in London and Singapore.
MassMutual Ventures AUM
According to TechCrunch, MassMutual Ventures grew its total assets under management from $460 million as of December 2021 to approximately $750 million.
MassMutual Ventures Interview Process & Questions
Firms can make modifications in their interview process for each candidate. However, when you interview at MassMutual Ventures (or similar firms), you can expect the following:
- Around 4-6 rounds of interviews
- Junior investment professionals supervise the initial rounds, while the senior staff handle the later phase of the interview.
- The whole process can take multiple weeks – unless it’s an on-cycle or on-campus recruiting
Interviews at MassMutual Ventures will be a mixture of a set of questions: fit, behavioral, and technical / investing.
Need help preparing for interviews? My Growth Equity Interview Guide is right for you.
Why MassMutual Ventures
The most common question you’ll receive during interviews is “Why this firm”.
If you’ve done networking prior to your interviews, this is your chance to mention whoever you’ve met and how they’ve positively influenced your decision to apply at their firm.
Also, I would recommend learning more about the firm. A great way to do this is to listen to interviews with its founders, investors, and employees.
To start, check out this VC roundtable with Kimberly Nguyen, Investor at MassMutual Ventures:
More Interviews
- Interview with Roger Crandall, Chairman, President and CEO at MassMutual
- Interview with Kim Nguyen, Investor at MassMutual Ventures
MassMutual Ventures Case Study
Case studies almost always show up during interviews at firms like MassMutual Ventures. The reason is firms use case studies to evaluate each candidate’s technical and communication skills – both crucial to investor’s success.
Most case studies revolve around investment recommendations and financial modeling. But for junior roles, cold calling case study may also be required.
For case study preparation, check out my Growth Equity Interview Guide.
MassMutual Ventures Salary & Compensation
According to Glassdoor, the median total pay for analysts and associates at MassMutual Ventures are $84K and $86K per year, respectively. Figures may vary depending on various factors such as location, experience, and education.
Analyst
Associate
MassMutual Ventures Careers, Jobs, & Internships
To stay updated with open roles at MassMutual Ventures (or similar firms), visit our job board which features promising opportunities for them and other growth / VC firms.
MassMutual Ventures Portfolio & Investments
According to Crunchbase, MassMutual Ventures has made 102 investments across eight funds. Some of their notable deals include Sugar.fit, Cultivo, and Scrut Automation.
Notable Transaction: Prove Identity
Prove Identity (“Prove”) is one of the leading digital identity solutions in the world.
Their identity authentication and verification platforms provide smooth consumer transactions while making sure their information is protected from risks brought by fraud vectors including AI.
Over 1,000 businesses, including 90% of top US banks, rely on Prove Identity to increase their revenue, reinforce cybersecurity, and improve customer acquisition.
In October 2023, Prove Identity secured $40 million investments from a funding round led by MassMutual Ventures and Capital One Ventures.
The said funding helps Prove to retain their strong position in the digital identity verification space. Prove plans to use the funds to launch their new commerce fraud-fighting solutions, push through their global expansion initiatives, and keep on addressing the evolving threats faced by all private and public institutions operating in the digital space.
Next Steps
If you decide to send your application and build your investing career at MassMutual Ventures, I would highly recommend that you check out my Growth Equity Interview Guide first before attending interviews.
Growth Equity Interview Guide helps professionals get a good grasp of topics that are typically covered during interviews such as financial modeling, case studies, and more. Check it out and start learning today!