ULU VENTURES MANAGEMENT COMPANY, LLC
ULU VENTURES MANAGEMENT COMPANY, LLC is a Pre-seed, Seed, Series A, Series B, Series C+ and post-seed fund in the US writing $1M–$5M checks into Climate, Enterprise, Fintech, Healthcare, future-of-work, edtech, blockchain, web3, business-services, consumer-goods and internet.
- Stages
- Pre-seed, Seed, Series A, Series B, Series C+, post-seed
- Sectors
- Climate, Enterprise, Fintech, Healthcare, future-of-work, edtech, blockchain, web3, business-services, consumer-goods, internet
- Check size
- $1M–$5M
- Invests in
- US-wide
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2008
- Assets under management
- $415.3M
Thesis
Ulu Ventures is a seed-stage venture capital firm founded in 2008, headquartered in Palo Alto, California. It is the largest Latina-led fund in the U.S. and operates as a minority- and woman-led firm. The firm's investment thesis is centered on the profitability of diversity and a rigorous, data-driven approach to capital allocation. They focus exclusively on seed-stage investing (pre-seed, seed, post-seed), prioritizing visionary entrepreneurs, large market opportunities, and attractive risk/reward profiles. Ulu Ventures employs a unique 'Market Mapping' process to quantify market segmentation and perform probability-weighted return modeling, targeting a 10x or greater multiple on each investment. While companies must be incorporated in Delaware, Ulu Ventures invests in U.S.-based companies without strict geographic restrictions within the U.S. The firm leads a significant portion of its deals, over 85 led across its funds, and is instrument-agnostic. As of October 2024, Ulu Ventures closed Fund IV with $208 million, bringing their total AUM to over $400 million. They typically invest between $1 million and $5 million per deal.
Common questions
Does ULU VENTURES MANAGEMENT COMPANY, LLC invest at the Pre-seed stage?
Yes. ULU VENTURES MANAGEMENT COMPANY, LLC lists Pre-seed, Seed, Series A, Series B, Series C+ and post-seed among the stages it invests in.
What check size does ULU VENTURES MANAGEMENT COMPANY, LLC write?
ULU VENTURES MANAGEMENT COMPANY, LLC writes $1M–$5M checks.
Where does ULU VENTURES MANAGEMENT COMPANY, LLC invest?
ULU VENTURES MANAGEMENT COMPANY, LLC invests in the US.