# The MFO Group

> The MFO Group is a VC fund backing FinTech, InsurTech and Insurance. See 2 investments, round sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Total investments: 2
- Last investment: Jul 2022
- Lead investor: 50%
- Last updated: Aug 2026

The MFO Group is a investment company.

## Contacts

5 contacts available for The MFO Group. Shizune tracks 2 team members at The MFO Group. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/the-mfo-group?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| FinTech | 2 | 100% |
| InsurTech | 1 | 50% |
| Insurance | 1 | 50% |
| Real Estate | 1 | 50% |
| Financial Services | 1 | 50% |

8 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 50% |
| Series A | 1 | 50% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Australia | 1 | 50% |
| United States | 1 | 50% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Heather Onstott | Chief Financial Officer | 0 | — |
| Mark Prestipino | Director | 1 | — |

## Investments

| Company | Description | Round size | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Futurerent | Futurerent is a tool that offers solutions to residential property investors for investment capital and cashflow needs. | $6.1M | Series A | Jul 18, 2022 |  |
| NOW Insurance Services Inc. | NOW Insurance is a full stack commercial insurance portal. Designed to provide the small business owner with a best in class purchasing experience, NOW utilizes AI technology with industry leading risk selection. NOW differentiates itself from Insurtech Competitors who are either primarily Tech-Centric or Expertise Centric, by providing both andthe ability to quickly pivot to rapid changes in the business environment, risk availability, or societal impacts (e.g. Covid-19). Fast quotes at fair prices and world class customer service are hallmarks of the NOW story. | $2.5M | Seed | Dec 10, 2020 |  |

2 of 2 investments shown.

## Co-investors
- 8th Light — VC Fund, 1 deal together
- [BridgeLane Capital](https://shizune.co/investors/profile/bridgelane-capital) — VC Fund, 1 deal together
- Global Investors — VC Fund, 1 deal together
- [iPartners](https://shizune.co/investors/profile/ipartners) — VC Fund, 1 deal together
- Mulpha Australia — VC Fund, 1 deal together
- [OIF Ventures](https://shizune.co/investors/profile/our-innovation-fund) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does The MFO Group invest in?

The MFO Group invests primarily in FinTech, InsurTech and Insurance startups, most often at Seed and Series A stage. Most of the 2 investments tracked by Shizune back companies in Australia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact The MFO Group?

For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at The MFO Group?

The team at The MFO Group includes Heather Onstott (Chief Financial Officer) and Mark Prestipino (Director). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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