The fund promises an authentic commitment to invest in diverse founders and create opportunities for the next generation of investors
SAN MATEO, California, 20 July 2022 /PRNewswire-PRWeb/ — Twenty Five Ventures today announced its first fund: the 25V Diversity Fund. The risk capital fund must invest until 10 million dollars in early stage real estate, real estate and fintech startups led by Black, Latinx, Asian, LGBTQ+ and/or female founders.
Twenty Five Ventures believes the 10-year fund – and subsequent series of funds – will help entrepreneurs build successful technology companies and accelerate growth in their respective industries and create a more level playing field for minority entrepreneurs and leaders.
“We look for founders and limited partners who show grit and tenacity. And we find these qualities quite often among entrepreneurs who belong to marginalized communities,” said founder of Twenty Five Ventures Maximillian Diez. “Investing in diverse founders benefits everyone and creates opportunities where other funds do not.”
Black and Latinx founders, for example, have historically had fewer funding opportunities than their non-minority counterparts. According to Crunchbase, these demographics have increased more than 15 billion dollars since 2015 – a scant 2.4% of all venture capital raised in the same time period. Diez’s 25V Diversity Fund aims to right that wrong – for altruistic reasons, but also for strong returns.
“Diversity in our investment pool is not only the right thing to do, it’s also smart business. We believe real estate agents have the pulse of the industry and can be better predictors of which companies will succeed because we live and breathe this business,” said founder. by the 25V Diversity Fund Alexandra Tieu. To be truly diverse, you have to open up the investment pool and change who decides where the capital goes.”
According to a recent McKinsey report: “Ethnic diversity in the management team and the board correlates with stronger profitability.” Diversity, fairness and inclusion also have a positive effect on work ethic. On average, employees approve of a diverse founder 12% more than those reporting to a non-minority founder, according to studies of Glassdoor reviews and dependent variables “CEO Approval,” “Recommend a Friend,” and “Career Opportunities.”
About twenty-five companies
With headquarters in San Mateo, CaliforniaTwenty Five Ventures is managed by Maximillian Diez, a 44-year-old Filipino American entrepreneur turned venture capitalist. Diez is an investment, real estate and proptech veteran who started his career managing the family fund of late Arthur C. Ziefa prominent one San Francisco attorney, when he was just 20. Since then, Max has held early leadership roles at Redfin and UpNest, and recently served on the leadership team that completed a buyout of US-based Movoto—which was acquired within two years.
Diez is joined by managing partners Alexandra Tieu, a Vietnamese-born investor with an impressive background as a real estate, prop-tech and legal tech executive; where she held executive roles at Keller Williams, Movoto, Propy, Brevitas and JLG Advokater. EJ Pineda, a Salvadoran American who is an experienced real estate technology executive who has held leadership roles at Redfin, UpNest and Movoto. Learn more at http://www.25v.co
Media contact
Maximillian DiezTwenty Five Ventures, +1 (650) 438-1332, [email protected]
Molly McKinleyRedtail Creative, 919.423.4088, [email protected]
SOURCE Twenty Five Ventures
