10 Latino Venture Capital Firms Supporting Latino Founders
Alan Cruz • December 3, 2024
10 Latino Venture Capital Firms Supporting Latino Founders Graphic

Securing funding as a Latino entrepreneur and founder can be challenging. According to Crunchbase, Latino entrepreneurs receive only 2% of total VC funding. This lack of access to capital stifles business dreams and hinders growth. Fortunately, many Latino venture capital firms are emerging, supporting Latino founders. 


Don't let limited access to capital hold you back. Explore the resources and opportunities available from these top 10 Latino venture capital firms.


Table Of Contents:


The Importance of Latino-Supportive Venture Capital Funds

Latino venture capital firms create a more level playing field. They open doors often closed to minority-owned and Latino owned businesses and ventures. Firms with a finger on the pulse of Latino markets are big fans of founders who've been there, done that, and have innovative ideas to show for it. 


When you partner with these companies, you get more than just cash—you're getting a team of experienced mentors and tapping into a valuable community.



10 Latino VC's Supporting Latino Founders

These 10 VC funds offer venture capital to Latino entrepreneurs in the early and growth stages.


For our article, we have defined a Latino venture capital firm as:

  • Latino-led or Founded: The VC fund is led or founded by one or more people of Latino or Hispanic descent (Latino leadership) 
  • Focus on Latino Entrepreneurs: The firm focuses investments in startups founded by Latino entrepreneurs.
  • Latino market focus: The VC fund invests in startups catering to the Latino market.


1) Matrix Ventures 

Matrix Partners is an early stage venture capital fund investing in companies from pre-seed through Series A rounds. They have a client roster packed with powerhouse brands like Canva, Zendesk, Afterpay, Hubspot, and more. Matrix Partners gets down to business, working with founders who have deep technical expertise and a specific vision of the future.


Website homepage for Matrix ventures for Poderoso Media article on 10 Latino Venture Capital Firms Supporting Latino Founders.

2) Mendoza Ventures

Founded 8 years ago by Latino entrepreneurs Adrian and Senofer Mendoza, Mendoza Ventures invests in tech startups, primarily in AI, Cybersecurity, and FinTech. About 90% of its portfolio is in businesses led by women, people of color, and immigrants.

Website homepage of Mendoza Ventures for Poderoso Media article on 10 Latino Venture Capital Firms Supporting Latino Founders.

3) REFASHIOND Ventures

Founded and co-managed by Lisa Morales-Hellebo, REFASHIOND Ventures focuses on seed to early stage ventures in the supply chain industry, offering funding check sizes up to $25,000. This venture has worked alongside many notable funds, including Y Combinator, Stanford Business Graduate School, Cambridge Capital, and more.

Website homepage of REFASHIOND Ventures for Poderoso Media article on 10 Latino Venture Capital Firms Supporting Latino Founders.

4) Roble Ventures

Roble Ventures is a fund that centers on humanity and passion. This venture offers between $200,000 to $2M per investment, focusing on seed-stage startups with high growth potential in workplace productivity solutions, skills development technologies, and employment creation & discovery platforms. Their portfolio includes unicorns like Adaptive Insights, Kahoot!, and Udemy.

Website homepage of Roble Ventures for Poderoso Media article on 10 Latino Venture Capital Firms Supporting Latino Founders.

5) Stray Dog Capital

What does a better future look like? For Stray Dog Capital, it's one where they partner with companies that game-changing companies that value social impact and commercial success.


With a mission to create a healthier, humane, and more sustainable future, Stray Dog Capital invests in early-stage food, beverage, and biotech companies. Current portfolio includes Treetoscope, My Forest Foods, Uncaged, and NuMilk.

Website homepage of Stray Dog Capital for Poderoso Media article on 10 Latino Venture Capital Firms Supporting Latino Founders.

6) Endurance28 Ventures

Founded by Consuelo Valverde, the first Latina immigrant to found an early-stage venture fund, Endurance28 Ventures is an early-stage VC fund supporting entrepreneurs in climate, health, and economic opportunity. Portfolio companies include unicorn CLIP, Encellin, and Justo.MX.

Website homepage of Endurance28 Ventures for Poderoso Media article on 10 Latino Venture Capital Firms Supporting Latino Founders.

7) Ulu Ventures

VC fund Ulu Ventures is searching for game-changing ideas that shake up the status quo in enterprise, fintech, consumer, health, and sustainability - right from the earliest stages. With deep connections to Stanford and Silicon Valley, Ulu Ventures actively funds investing in women and diverse founder teams. They've funded over 200 firms and 10 unicorns, and 76% of its founders identify as diverse.

Website homepage for Ulu Ventures for Poderoso Media article on 10 Latino Venture Capital Firms Supporting Latino Founders.

8) Vamos Ventures

Based in LA, Vamos Ventures invests in early-stage companies in health & wellness, the future of work, FinTech, and sustainability.


Their current portfolio investments include 29 companies, of which:

  • 86% Latinx are led;
  • 83% Immigrant or first-gen led;
  • 41% female-led (shout out to Latina entrepreneurs); and 
  • 100% diverse led.


Website homepage for Vamos Ventures for Poderoso Media article on 10 Latino Venture Capital Firms Supporting Latino Founders.

9) Visible Hands

Visible Hands is a pre-seed venture capital firm dedicated to promoting economic mobility for minorities and investing in underserved founders. It has invested over $8.7M and made 57+ investments valued at over $100k. With over 40+ active portfolio companies, this firm actively invests, promotes, and collaborates with founders to help them succeed.

Website homepage for Visible Hands for Poderoso Media article on 10 Latino Venture Capital Firms Supporting Latino Founders.


10) Minority Entrepreneurship Institute (MEI) Capital Fund

The MEI Capital Fund is a seed-stage impact investing fund for Black, Latinx, and Women founders. This fund is about closing the economic and educational gap in minority communities through entrepreneurship. 


To date, they have:

  • Invested over $1.2M in minority-owned businesses.
  • 13+ companies in their portfolio.
  • 250+ entrepreneurs in their pipeline.


Website homepage for the minority entrepreneurship institute for Poderoso Media article on 10 Latino Venture Capital Firms Supporting Latino Founders.

Tap Into These Latino Venture Capital Firms

Partnering with the right venture capital firm can be transformative. If you're searching for expert advice or fresh investment opportunities, we've covered you with these 10 VC funds actively supporting Latino founders and entrepreneurs.


Latino founders who partner with Latino venture capital firms that understand their heritage and challenges can secure innovative partnerships, pinpoint expertise, and strategic market access—a poderoso combination for success. A company's lifecycle is inherently unpredictable, but the path forward becomes more apparent and stable with strong partnerships.


So don't be shy. Go ahead and reach out to one (or all ten) of these VC funds today and accelerate your business venture.

FAQs

What is a Latino venture capital firm?

A Latino venture capital firm is a type of investment firm that focuses on providing financial capital to startup companies founded by Latino entrepreneurs or those that cater to the Latino market.


For the purposes of our article, we have defined a Latino venture capital firm as:

  • Latino-led or Founded: The VC fund is led or founded by one or more people of Latino or Hispanic descent.
  • Focus on Latino Entrepreneurs : The firm focuses investments in startups founded by Latino entrepreneurs.
  • Latino market focus: The VC fund invests in startups that specifically cater to the Latino market.


What is the largest VC in Latin America?

Bossa Invest is the most active VC in Latin America. Since 2020, they've backed 200+ deals in Latin America. 


How many startups are there in Latin America?

There are over 9,000+ startups in Latin America.


Why are Latino venture capital firms important?

Latino venture capital firms are important for many reasons. These firms aim to increase the representation of Latino entrepreneurs and investors, contributing to increased visibility and opportunity to break down barriers and promote equity and inclusion in the VC industry. These firms also support the growth of Latino startups that are growing the Latino economy and creating jobs.

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