Private Equity

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Curql

Curql Collective is a fintech investment ecosystem built by credit unions, for credit unions. With the backing of over 160 progressive credit unions, Curql...

Curql logo

Curql

Curql Collective is a fintech investment ecosystem built by credit unions, for credit unions. With the backing of over 160 progressive credit unions, Curql invests in and accelerates the development of fintech solutions that empower credit unions to better serve their members and stay competitive. Through Curql Fund I, Curql Fund II, and Curql Accelerate, the collective has partnered with over 50 fintech companies.

General information

Firm type

Private Equity

Year founded

2020

Location

Region

North America

Country

United States

City

Des Moines

Corporate office

Des Moines, IA, United States

Principals

Nick Evens

President & CEO of Curql Collective

Eli Vazquez

Board of Managers

Justin Zeidman

Investment Committee

Sector focus

FinTechEnterprise Software

Frequently asked questions

How is Curql funded, and who are its backers?

Curql is funded by a consortium of US credit unions that commit capital to its collective investment vehicles. The precise number of member institutions has not been publicly fixed, but the firm states its network represents over 200 million credit union members nationally. This structure makes it distinct from both traditional VC firms and single-family offices — its capital comes from cooperative financial institutions rather than limited partners or a single wealth source.

Does Curql invest directly, or does it operate as a fund of funds?

Curql makes direct equity investments into growth-stage fintech and enterprise-software companies. It also facilitates commercial agreements between those companies and its member credit unions. The firm has not disclosed whether it also participates in fund-of-funds commitments, but its public portfolio activity emphasizes direct stakes rather than indirect exposure.

What investment stages does Curql target?

Curql focuses on growth-stage companies that have moved beyond early product-market risk and are ready to scale across the credit union ecosystem. The firm has not published specific revenue or EBITDA thresholds, but its portfolio includes companies with established products and live customer deployments, rather than pre-revenue seed-stage startups.

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