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Wellington Access Ventures has been funding by Wellington Management (see profile) with $150 million in commitments. The Fund invests in early-stage companies in large and growing markets like the B2B software, fintech, and consumer sectors. It is managed by Wellington Access Ventures (WAV) the firm's early-stage venture capital team and was offered through Wellington's US$8.0 billion Private Investing platform which includes early-stage venture to late-stage growth funds investing in multiple sectors for clients across the globe. The WAV team sees a unique opportunity for value creation and return potential among founders who have been historically underrepresented and overlooked in the venture capital space, predominantly focusing on finding and supporting talented Black, Latine and women entrepreneurs, among others. Beyond providing a source of funding, the WAV team partners with entrepreneurs, providing them with advice and access to business networks, support, and growth opportunities. Sectors identified by the WAV team include artificial intelligence, DevOps, infrastructure, fintech, digital health and consumer technology with a focus on cultural and demographic shifts. Fund of Fund investments include: Chingona Ventures, January Ventures, and New Age Capital.
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