Founded in 1991 in the United States, CMA Ventures is a well-known venture capital firm based in Des Moines. They primarily invest in B2B companies and have a general investment range of $1-5 million. While they typically participate in rounds with two participants, they also collaborate with other investors such as Next Level Ventures, Iowa Dept of Economic Development, and Clean Energy Trust. CMA Ventures prefers to invest in startups that are 2-3 years old and has had successful investments in fields such as Information Services and Software. The firm is wholly-owned by Central Iowa Power Cooperative (CIPCO) and is committed to investing capital where it can have the most impact.