Victoria Cheng
Partner at PruVen Capital
United States
Overview
Work Experience
Partner
2020 - Current
We are a $300MM VC fund investing in the largest industries in the global economy across FinTech, InsureTech, HealthTech, PropTech, and Enterprise IT (ML/AI, Customer Experience, DevTools). Our partnership has been investing in fintech for over a decade, and our portfolio companies get the unique ability to leverage the resources and expertise of our strategic LPs across the Financial Services and Insurance value chain from production to distribution. We are anchored by Prudential Financial. Pru is the largest life insurer in the US and has a presence in 40 countries, is the 3rd largest investor in real estate globally, has $1.5 Trillion of AUM, has thousands of financial advisors, owns one of the largest online distribution channels for health insurance (AIQ), and distributes commercial insurance along with financial and health/wellness solutions to over 3,000 corporate employer clients. Pruven's unique platform provides our LPs with access to strategic innovation advisory services, startups, and co-creation opportunities. We focus on FinTech, InsurTech, Healthcare, and Enterprise IT: FinTech: Pismo (acq), Bilt, Embed (acq), Origami, Contabilizei InsurTech: NewFront, Cowbell, Trustlayer, Avibra Healthcare: Angle Health, Particle, Unite Us, Clever Care, Cleo Enterprise SaaS: HqO, Finch, Deed, DataRobot, Focalpoint
PruVen Capital is an independent venture and growth investing firm set up in partnership with Prudential Financial as our single LP.
Investor
2020
Moov is developing an open source platform enabling users to quickly deploy basic financial service tools.
Raised $77,500,000.00 from Commerce Ventures, Visa, B3 Capital, Bain Capital Ventures, Andreessen Horowitz and Sorenson Ventures.
Investor
2017
DataRobot provides AI technology and ROI enablement services to global enterprises.
Raised $1,050,598,000.00 from Salesforce Ventures, Ballistic Ventures, Page One Ventures, Sutter Hill Ventures, Altimeter Capital, ServiceNow Ventures, Counterpoint Global, Franklin Templeton, Tiger Global Management and J17 Capital.
Board Observer
2020 - 2020
The Mom Project is a digital talent marketplace helping women remain active in the workforce.
Raised $115,600,000.00 from Grotech Ventures, IrishAngels, 7GC & Co, OCA Ventures, Citi Impact Fund, High Alpha, Leeds Illuminate and Initialized Capital.
Advisory Board Member - Rise Up
2018 - 2020
Money20/20 had launched Rise Up - a program designed to foster gender inclusivity within the financial services and fintech industries. Rise Up is an annual program focused on empowering the next generation of female leaders through actionable skills, tools, learnings, and networks in order to take their careers to the next level.
Board Observer
2018 - 2020
The Immuta Data Security Platform provides sensitive data discovery, security and access control, and data activity monitoring.
Raised $258,200,000.00 from Databricks Ventures, ServiceNow, Wipro Ventures, Ten Eleven Ventures, March Capital, Snowflake Ventures, International Airlines Group (IAG), StepStone Group, Dell Technologies Capital and DFJ Growth.
Board Observer
2018 - 2020
Board Observer
2016 - 2020
Braze is a customer engagement platform that enables customer-centric interactions between brands and consumers.
Raised $175,100,000.00 from Snowflake.
Investor
2016 - 2020
Plaid provides companies with the tools and access needed for the development of a digitally-enabled financial system.
Raised $734,300,000.00 from Bedrock, American Express Ventures, J.P. Morgan Growth Equity Partners, New Enterprise Associates, Silver Lake, Kleiner Perkins, Thrive Capital, Raed Malek, Index Ventures and Spark Capital.
Board Observer
2016 - 2020
Tealium is a provider of customer data orchestration tools aimed to address challenges in online search, marketing, and segment targeting.
Raised $263,900,000.00 from CrossWork.us.