Stages:

• Early
• Seed

 

Industries:

Education & Training

Financial Services

Life Sciences & Healthcare

 

Description:

Chingona Ventures is a venture capital firm focused on pre-seed investments in founders whose backgrounds uniquely position them to create businesses in growth markets that are often overlooked. The firm looks at valuations under $10MM and invests between $250k-$1MM as an initial check size. The Fund will primarily invest in the FinTech, Future of Learning and Health and Wellness sectors. Chingona targets primarily pre-seed companies where they are raising their first institutional round of capital. The firm announced the close of its second fund (May 2022) with total capital commitments of $52 million. Building off the success of Fund I, where 80 percent of portfolio companies were led by diverse CEOs, Fund II will intentionally invest in the best founders possible, working hard to remove bias in the deal sourcing and selection process. Chingona Ventures' investors include the Office of the Illinois State Treasurer's Illinois Growth and Innovation Fund, Melinda Gates' Pivotal Ventures, PayPal Ventures, Norwest Venture Partners, Insight Venture Partners, Foundry Group, Synchrony Ventures, The W.K. Kellogg Foundation, Wellington Asset Management, 50 South Capital, and other leading institutional asset managers.

 

Funds:

Fund Name	Amount	Date
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