MassMutual Catalyst Fund I & II

At MassMutual, we’re committed to fueling innovation, creativity, and problem-solving to benefit the needs of all Americans. We believe this begins with creating financial opportunities where historic disparities exist. That’s why we established the MassMutual Catalyst Fund (MMCF) I & II — a $150 million commitment to increasing diversity in, and access to, venture capital and investing in innovative products and services that advance economic and social mobility.

Building on the first MM Catalyst Fund launched in 2021, MMCF’s latest Fund II will scale nationally and create further impact momentum. We know the mission to increase access to capital to overlooked founders and changing the ratio of who is funded in venture capital is not an easy challenge. That's why we are expanding our focus and working with like-minded partners, particularly companies with the potential to make a significant social impact in certain areas. We will continue to focus investing in MA companies and also selectively invest alongside fund managers within the First Fund Initiative at a national level. 

• We invest in Seed through Stage B companies. As we assess businesses, we consider not only financial return, but their potential to advance racial equity, reduce the rural-urban divide, and make an economic impact.
• While we are industry agnostic and focus on the founding team, we seek to invest in the following verticals: health tech, climate tech, Future of Work, and fintech.
• MMCF’s status quo alternatives to sourcing, screening and selecting deals, as well as supporting our portfolio companies are key to finding and funding companies in a more expansive way.

The Catalyst Fund is powering progress in a world where women and people of color only manage 1% of the 70 trillion of capital in the United States. We’re making an impact in across the US and in Massachusetts where only .4% of funding goes to Black founders.*

We’re passionate about creating change and prioritizing companies with social impact built into their DNA. That means that as their business grows, their impact grows too. As we assess businesses, we consider not only financial return, but potential to advance social mobility and racial equity, reduce the rural-urban divide, and make an economic impact in Massachusetts and beyond.