Adrian Mendoza Is Investing in BIPOC-Led Startups
Prioritizing diversity at the highest level
When Adrian Mendoza started his venture capital (VC) firm, he envisioned doing more than taking a seat at the table to represent Latinx investors.
Mendoza is the founder and general partner of Mendoza Ventures, which focuses on funding women- and BIPOC-led artificial intelligence, cybersecurity, and fintech companies.
Founded in 2016, Boston-based Mendoza Venture is a Latinx- and women-led venture capital firm. About 75 percent of the firm’s portfolio companies consist of startups led by immigrants, BIPOCs, and women. As an active investment group, Mendoza Ventures limits its portfolio to 12-15 companies at a time to dedicate significant time and effort to their success.
“We are active, early-stage investors that prioritize diversity when investing,” Mendoza told Lifewire. “Our own investment history has shown us that diversity outperforms, and we want to back those founders.”