PMI Group, founded in 1972, specializes in private mortgage insurance to protect homeowners against defaults and foreclosure losses. Based in Walnut Creek, California, the company operates as a holding company in the financial services sector, focusing on the mortgage insurance industry.
The company offers various services related to homeownership and foreclosure assistance. PMI Group has implemented a partial claim payment plan, recently increasing the distribution percentage from 50% to 55%. While specific portfolio companies are not widely known, the firm has invested in Ncommand, a Series B-stage company that has raised $9.5 million in total funding.
PMI Group - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies1
Current Portfolio Count1
Top Investment Stages
Series B1 (100.0%)
Stage Mix
Series B 100%
Concentration shown as share of disclosed investments by stage.