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One Of The Largest Latina-Led Funds In The Us, Ulu Ventures, Raises $138M For Its Third Fund

May 17, 2021about 4 years ago

Amount Raised

$138 Million

Palo Alto

Description

Ulu Ventures, a leading seed stage venture firm in Silicon Valley focused on enterprise IT, raised $138M for Fund III, exceeding its initial $100M target. The fund strategy will continue Ulu’s commitment to funding diverse teams creating industry-leading market opportunities.

Company Information

Company

Ulu Ventures

Location

Palo Alto, California, United States

About

Ulu Ventures is a top seed stage venture fund in Silicon Valley focused on enterprise IT startups. Ulu generates great financial results using decision analysis to create a disciplined, repeatable decision-making process that analyzes risk-reward trade-offs and also reduces cognitive bias. The great majority of Ulu portfolio companies are founded by diverse teams that include women, minority, URM and/or immigrant founders. Ulu is dedicated to increasing diversity in the entrepreneurial and assets under management communities.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech