L'Attitude Ventures' new generation of Hispanic angel investors is eager to invest early-stage US Latino-led & owned technology start-up enterprises


Posted January 18, 2022 by Lattitudevc

Changing the world begins with entrepreneurial talent | L'Attitude Ventures
 
While Latinx and Hispanic individuals are the most entrepreneurial in countries like the United States (see the Kauffman Foundation's Indicators of Entrepreneurship and Stanford's State of Latino Entrepreneurship), this has not translated into the greatest access to finance for entrepreneurs in the country. In fact, Latinas have earned only 0.4 percent of all venture capital investments and less than two percent of venture capital-backed companies are Latinx.

Other than professional venture capitalists who invest other people's money in business ventures and generally focus on companies that have already reached certain operational milestones, angel investors invest their own time and money in start-up companies and those that are at an early stage of development, to help them successfully enter the US market.

“Over the last two decades, there has been a sharp increase in angel investor networks and Hispanic angel investors like L'Attitude Ventures, with the total financial power of angel investors in the United States now reaching up to $24 billion each year. It's not simply an ethical thing to do to support Latinx and Hispanic businesses, but it also makes perfect sense,” explained Kennie Blanco – the managing partner & CIO of L’Attitude Ventures.

"We provide customized investment solutions, and our aim is to invest in, elevate, and accelerate at least one out of every four new Hispanic entrepreneurs in the United States. We also feel that developing our own angel investor network is critical to identifying, supporting, and growing promising Latinx and Hispanic-founded start-up businesses,” he added.

L'Attitude Ventures is a venture capital business based in San Diego, California, that was launched in 2019. Sol Trujillo, Gary Acosta, Kennie Blanco, Laura Moreno Lucas, and Oscar Munoz are the five members of the company who came together to create a new generation of Hispanic angel investors and they are looking to invest in early-stage US Latino-led and owned technology start-up businesses across the US.

L'Attitude Ventures is committed to assisting Latino entrepreneurs and increasing diversity, and so serves as a catalyst for Latino start-up enterprises in the US, of which ‘Back to our Roots’ is a great example. This e-commerce vendor of organic gardening products that range from seeds to growth kits and all-purpose potting soil, is just one of the companies listed in L’Attitude Venture’s ever-expanding portfolio of Hispanic or Latinx-owned ventures they have partnered with.

With excellent product quality, transparent ingredients, and a health and education centered brand, Back to our Roost has become a fast-growing and new generation gardening business that has now caught the attention of a diverse market, and especially chemical-conscious millennials.

There is still a huge opportunity for development and the acceleration and growth of start-ups in the US, and you can find out more about this, by visiting L’Attitude Ventures comprehensive website.

About us
L’attitude Ventures is a mission-driven venture fund that invests in early-stage Latino-led and owned businesses in the United States with substantial and high-growth potential that may be realized through technology. The company was founded in 2019 by L'ATTITUDE co-founders Sol Trujillo and Gary Acosta, as well as Kennie Blanco, to address a disturbing economic cost to our country: the underfunding of US Latino entrepreneurs. Our fund is sizable, and it will stimulate a significant number of Latino entrepreneurs from the Seed to Series A stages, with significant investor round participation; initial check sizes range from $200,000 to $1,500,000. We also act as a trustworthy intermediary, bringing cash from investors of all stages and types together to support the success of Latino entrepreneurs today and in the future. Please visit our website at https://lat.vc/ for more information.
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Contact Email [email protected]
Issued By L'ATTITUDE Ventures
Business Address 11622 El Camino Real , Ste. 100, San Diego CA, United States 92130
Country United States
Categories Finance , Services
Tags companies funding latina startups , funding hispanic tech startup , latino entrepreneurs angel investors , latino technology investors
Last Updated January 18, 2022