INITIATIVES
Championed by our Members
The Diversity Rider Program - Alejandro Guerrero
Alejandro Guerrero, a principal at Act One Ventures created the Diversity Rider program to generate opportunities for diverse check writers to participate in deals. Investors who sign up/commit to the program will pledge to embed a specific boilerplate rider language into their standard term sheets, creating an opportunity among their firms and all founding teams to identify and expand diversity.
Diversity Rider: In order to advance diversity efforts in the venture capital industry, the Company and the lead investor, [Fund Name], will make commercial best efforts to offer and make every attempt to include as a co-investor in the financing at least one Black [or other underrepresented group including, but not limited to LatinX, women, LGBTQ+] check writer (DCWs), and to allocate a minimum of [X]% or [X] $’s of the total round for such co-investor.
Alejandro Guerrero
Principal - Act One Ventures
Latinas in Tech - Carolina Huaranca, Board Member
Latinas in Tech is comprised of more than 10,000 women, representing more than 15 countries, working at more than 200 technology companies.
It is a non-profit organization with the mission to connect, support and empower Latina women working in technology.
Carolina Huaranca
Lightspeed Venture Partners
LatinX on Public Boards - James Gutierrez
With a population of 60 million in the United States the American Latinx community is underrepresented on public boards.
This initiative looks to expand American Latinx opportunities and lift up the next wave of Latino board directors. They focus on growing the supply of high-caliber boardroom candidates and providing quality corporate governance programming for experienced and aspiring directors.
James Gutierrez
Founding Partner - Insikt Ventures
White House Innovation - Javier Saade
Javier Saade was one of the highest-ranking Latinos during the Obama administration and the SBA programs he oversaw have invested over $128 billion into more than 300,000 companies.
Working along with the Top American Tech Leaders Saade is bringing policy initiatives to the new administration in order to increase the number of Latinx small business in America.
“If you can’t envision a world where you have a million Latino millionaires in the United States by 2040, I think we have a problem. Even though the march is slow, Latinos are on their way.”
Javier Saade
Venture Partner at Fenway Summer & Founder of Impact Master Holdings
Scout Matching Program for the Top VCs in Silicon Valley
Top Silicon Valley VCs
The Top VCs in Silicon Valley are in urgent need of bringing more diversity to its pipeline.
Our group of the Top 50 US LatinX Tech Leaders in the US
with over $10B in exits is being leveraged by
to bring more diversity of brilliant LatinX founders to their pipeline.
We have unicorn founders and the next generation of Latinx unicorns and decacorns.
If you’re a top 10 VC fund, have a scout program, and are interested in being
matched with one of our top founders as a scout.
Top American Latinx Tech Leaders & The Aspen Institute
If Latin owned businesses were to scale at the same rate as white-owned businesses, an estimated $1.47 trillion dollars could be added to the economy, benefitting not just Latinos, but all Americans.
25 US Latino leaders, including several Top American Latinx Tech Leaders, were convened by the Aspen Institute Latinos & Society to explore how to scale Latino-owned businesses and created "A Playbook for Scaling Latino Owned Business."
LatinX VC - Co-founder & President, Rami Reyes
Founding Board, Maria Salamanca
A group of experienced venture investors coming together to connect, engage, and foster the Latinx VC ecosystem. We aim to be the central and definitive resource for Latinx VCs.
Goal 1: Increase LatinX representation in venture capital
Goal 2: Increase access to capital for LatinX fund managers
Goal 3: Build a strong LatinX venture ecosystem and drive a positive narrative.
