Portfolia's Rising America Fund

Portfolia's Rising America Fund is a venture capital fund dedicated to investing in companies led by women and people of color in the United States. The fund focuses on high-growth, innovative companies founded by or serving underrepresented communities, including African American, Latinx, and LGBTQ+ populations. It aims to drive economic growth and societal progress by supporting diverse founders who are reshaping industries.

The fund's investment strategy targets sectors where these communities are placing significant emphasis, such as healthtech, fintech, edtech, media, and consumer products. It invests across various stages, from pre-seed to pre-IPO, with a particular focus on seed and Series A investments. The fund's partners bring a wealth of experience, with an average of 16.4 years in investment, and have a track record of backing companies that address the unique needs of underserved markets.

Rising America Fund I, launched in 2020, closed on $5.12 million and has demonstrated strong performance with a gross internal rate of return (IRR) of 40%. The fund has invested in 27 companies across all sectors and stages, from pre-seed to pre-IPO. Notable investments include Canela Media, a leading Hispanic media company, and MoCaFi, a fintech company offering banking services to underserved communities. The fund's success has led to the launch of Rising America Fund III, which continues to build on this legacy by investing in diverse founders and high-potential markets.