TIAA Ventures
TIAA Ventures is the corporate venture capital arm of the US retirement financial services organization TIAA, investing in fintech and artificial intelligence companies related to retirement savings, lifetime income, financial advice and enterprise software, and pairing some of its investments with partnerships around TIAA’s lifetime income products.
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Key facts
2021TIAA’s Corporate Venture Activity
As of early 2021, TIAA’s fintech strategy and corporate venture capital were led by managing director Raja Doddala, who managed TIAA’s CVC portfolio along with its enterprise-wide fintech strategy and partnerships, seeking technologies and investment opportunities relevant to TIAA’s business units. Doddala joined TIAA in 2016 and had earlier co-founded 7-Eleven’s corporate venturing unit, 7-Ventures.[1][1][1][1]
Late 2023Strategic Investment in Vestwell
In late 2023, TIAA Ventures made a strategic investment in the retirement savings platform Vestwell as part of its Series D round. On September 4, 2024, Vestwell announced a partnership with TIAA under which TIAA’s guaranteed lifetime income product, the TIAA Secure Income Account, would be offered in 2025 to 401(k) and 403(b) plans on the Vestwell platform through target-date structures. Wayne Baker, chief investment officer of TIAA Ventures, said the agreement would expand access to lifetime income programs to workers who had historically lacked guaranteed income in retirement.[2][2][2][2][2]
September 2025Nestimate Funding
On September 15, 2025, Nestimate, an analytics platform that helps 401(k) plan fiduciaries implement retirement income solutions, announced a $3 million funding round led by S3 Ventures, with participation from PruVen CapitalPruVen CapitalPruVen Capital is an independent venture capital firm headquartered in Palo Alto, California, United States. It was founded in 2020 by Ramneek Gupta with funding from the US insurance group Prudential Financial, and it invests in technology startups in financial services, insurance, and other industries.Open the full entry, TIAA Ventures and Invest Nebraska. Wayne Baker said TIAA’s commitment to secure retirements through lifetime income was closely aligned with Nestimate’s mission to democratize access to retirement income.[3][3][3]
February 10, 2026Investment in Reco
On February 10, 2026, the cybersecurity company RecoRecoReco is an enterprise cybersecurity company founded in 2020 by Ofer Klein, Gal Nakash and Tal Shapira. Its products have expanded from securing collaboration tools and SaaS applications to securing AI agents, discovering the connections among an enterprise’s applications, identities, permissions and agents and revoking risky access; as of September 2026, the company had raised $140 million in total.Open the full entry announced a $30 million Series B round led by Zeev VenturesZeev VenturesZeev Ventures is a venture capital firm founded and managed single-handedly by Israeli-born investor Oren Zeev, headquartered in Palo Alto, California, with no partners or employees; it invests mainly in software companies with Israeli connections, and its early investments include Navan, Houzz, Tipalti and Next Insurance.Open the full entry, with TIAA Ventures joining as a new corporate investor. Thompson Barro of TIAA Ventures said AI SaaS security had become critical for organizations as AI applications and agents proliferated, and that the round positioned Reco for its next phase of growth. When Reco announced $55 million in additional funding in September 2026, TIAA Ventures was listed as an existing investor; its individual contribution was not disclosed.[4][4][4][4][5]
February 19, 2026Jump Series B
On February 19, 2026, Jump, which provides artificial intelligence tools for financial advisors, announced an $80 million Series B round led by Insight Partners, with F-Prime, Allianz Life Ventures, TIAA Ventures and Peterson Partners joining as new investors, bringing Jump’s total funding to $105 million.[6][7][7][7]
April 14, 2026Bluefish Series B
On April 14, 2026, Bluefish, an agentic marketing platform for Fortune 500 brands, announced a $43 million Series B round co-led by Threshold Ventures and New Enterprise Associates, with Amex Ventures, TIAA Ventures and Salesforce VenturesSalesforce VenturesSalesforce Ventures is Salesforce’s corporate venture capital arm. Active since 2009, it backs companies from seed through growth across enterprise software, cloud infrastructure, data, security and AI. Salesforce supplies all of its capital.Open the full entry participating, bringing Bluefish’s total funding to $68 million.[8][8][8]
Parent Organization and Team
Related Organizations, Websites, and Public Accounts
TIAA Ventures: Official website: https://www.tiaa.org/public/ventures (opens in a new window).[9]
Sources
- GCV Emerging Leaders Awards 2021: Raja Doddala (opens in a new window)
- Vestwell Announces Strategic Partnership with TIAA to Expand Access to Guaranteed Retirement Income (opens in a new window)
- Nestimate Closes Investment Round to Empower Retirement Income Solutions (opens in a new window)
- Reco Raises $30M B Round for a Total of $85M to Meet Rapidly Growing Demand for SaaS & AI Security Among Enterprises (opens in a new window)
- Reco raises $55 million with AT&T backing to secure AI agents (opens in a new window)
- Jump Raises $80 Million Series B, Led by Insight Partners, to Expand AI Operating System for Financial Advisors (opens in a new window)
- Jump Raises $80 Million Series B, Led by Insight Partners, to Expand AI Operating System for Financial Advisors (opens in a new window)
- Bluefish Raises $43 Million Series B (opens in a new window)
- TIAA Ventures (opens in a new window)