You hear about lots of venture firms who are working hard to build a strategy and network that will yield more investments with diverse founders. But for a firm like Mendoza Ventures, it’s rooted in their DNA… like literally, as it is both minority & woman owned and it’s the first LatinX founded venture fund on the east coast.
As you would think, their portfolio has impressive diversity numbers. As of the beginning of this year, 67% of the portfolio included investments in minority, female, and immigrant founders. Needless to say, we were able to talk in detail about the venture industry and what other investors can do to back more diverse founders.