Latinx VC Demand on the Rise in Q1 2023


Posted March 22, 2023 by Lattitudevc

Demand for Latinx VC on the rise in the first quarter of 2023.
 
There is a very powerful force that is pushing small-business growth forward in the United States and that is the Latino cohort, which is often the most overlooked. There are more than 4.4 million Latino owned and operated businesses in the United States and they contribute over $700 billion to the US economy each year.

Latino owned businesses have grown by more than thirty percent in the past ten years. The Latino small business achievements are impressive, taking into account that it is not easy for them to gain access to the capital funding that they need. Latino business owners face ongoing challenges.

Venture capital is one of the essential funding opportunities for Latino start up businesses. LAT VC is one of these venture capitalists that focus on the Latinx VC demand and close up to $100 million to back Latino founders in early stage start up businesses in the United States. The company provides these start up businesses with essential funding, coaching, expertise and networking to help them grow quickly and effectively.

LAT VC has grown exponentially over the past few years as the demand for their Latinx VC services continues to rise. The demand has soared in the first quarter of 2023 as more new start up businesses enter the market place across the country. The company current invests out of Fund II, with a $100 million target and offering investments that range from $200,000 to $2 million.

“We have criteria that must be met in order to qualify,” said Kennie Blanco, the Managing Parter and CIO at LAT VC. “Any company that pitches to us must be a US Latina/o founder or C-Suite executive and the business must be in the very early stages, pre-seed or series A. We also require that they are technology enabled, software or tech-enabled and they must solve an important societal problem with a scalable product and large market size. In addition to this, we require that they are US based with US based leadership. The latino business funding market is unexplored and these business owners are overcapitalized. Our passion is to help these business grow moving forward.”

About Us:

LAT VC is a purpose led venture company that invests in early stage US Latino led and owned businesses with large and high growth opportunities. The company started in 2019, addressing the troubling economic costs to our country and the underfunding of US Latino entrepreneurs. The company invests, elevates and accelerates Latino owned businesses by investing early. LAT VC invests from $200,000 to $1.5 million in Latino led and owned technology companies that offer or provide technology as core to businesses. Full details on LAT VC the process and pitch submission form can be found on their information packed website at https://lattitudeventures.com/.
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Contact Email [email protected]
Issued By L'ATTITUDE Ventures
Business Address 11622 El Camino Real , Ste. 100, San Diego CA, 92130
Country United States
Categories Finance
Tags latinx vc , latinx ventures , lattitude ventures , lat vc
Last Updated April 14, 2023