Investor Type | Firm |
Type of Fund | VC |
Industries | PropTech • Media • FinTech (& Financials services) • Entertainment (& Sports) • CleanTech • Impact • Real Estate (& Construction) • Nanotechnology |
Stages | Pre-Seed, Seed, Early Stage, Series A |
Investing | United States |
Investment Range | $10,000 - $2,000,000 |
Investment Sweet Spot | $250,000 |
DiverseCity Ventures is a venture capital firm that focuses on harnessing the benefits of diverse perspectives to drive innovation and positive impact. They back tech-enabled, scalable companies that not only have the potential for outsized returns but also bring positive social, economic, and environmental change. In line with their investment thesis, DiverseCity Ventures offers advisory services to pre-seed companies, targeting investments in early-stage enterprises that align with the Sustainable Development Goals of the United Nations Development Program. Their investment scope spans various industries, including PropTech, Media, FinTech, Entertainment, CleanTech, Real Estate, Nanotechnology, and others, reflecting a broad approach to impact investing. The firm operates in a space where cultural equity, affordable housing, CivicTech, EdTech, MedTech, Sports & Entertainment for social impact; entrepreneurship, poverty alleviation, cryptocurrency, basic income, economic development for economic impact; and sustainability, ZEV, AgTech, water, energy, and food for environmental impact converge. With their commitment to fighting poverty and closing the funding, wealth, and wage gaps, DiverseCity Ventures positions itself as a key player in empowering founders who have insights into the world's most pressing issues. The firm’s portfolio companies are encouraged to incorporate diversity across domain expertise, gender, culture, ethnicity, nationality, socio-economic status, age, and identity. DiverseCity Ventures is actively seeking inclusion and believes in the principle that 'diversity includes you.' They have specified financial commitments ranging from a minimum of $10,000 to a maximum of $2,000,000, with a sweet spot investment of around $250,000. Their expertise lies in stages from Pre-Seed, Seed, Early Stage, to Series A financing rounds. Their approach is deeply rooted in their core belief that innovation flourishes where different perspectives intersect and that addressing inequities is fundamental to progress.