Insider compiled this list by talking to dozens of Gen Z venture capitalists to discover the rising stars making names for themselves within their own spheres.
How you approach startup investing will be unique to you and your financial situation. Experts recommend doing plenty of research before putting your money on the line.
VCs have two big jobs to do: Invest in startups shaping the future of the world and generate big exits for their fund. Yet, if you look at the lionshare of funding, you’ll quickly see that most VCs are primarily betting on white, straight (cis) men based in Silicon Valley who graduated from Stanford.
Ammar and Mohammed are the Founding Partners at Adapt Ventures. Their entrepreneurial ambitions started early when they re-sold American candy bars in middle school in the Middle East and milk tea out of their dorm rooms. They co-founded their first company, Sugar Clothing, out of their dorm rooms as 17 and 19 year old students, quickly becoming experts in marketing, brand strategy, and operations.
To date, they have portfolio companies in the US, Europe, Latin America, and the Middle East. Their passion for venture capital emerged after exiting direct-to-consumer brand Sugar while in university, after which, the brothers spent time in Silicon Valley, London, and Abu Dhabi, investing at various venture funds focusing on investing from Pre-seed to Series A.
Embedded Financial Technologies Inc. is a new custodian-and-clearing firm for equities and options founded by Michael Giles, who previously ran Cash App Investing LLC, a subsidiary of Square Inc. Its future customers would be able to integrate stock trading features into their mobile apps through Embedded’s APIs, or code that allows apps to communicate.
OpenEnvoy, a fintech startup providing a comprehensive suite of robotic process automation (RPA) tools for invoice auditing, announced an oversubscribed $6.5 million seed round led by Riot Ventures with participation by RRE, Gokul Rajaram, Naval Ravikant, Firebolt, Coelius Capital, Hack VC, Uncorrelated and TNT Ventures.
San Antonio-based venture capital firm Active Capital has led a $1.3 million raise in preseed funding for Austin-based Stagger, a startup that helps small businesses create better digital marketing content. Thirty investors participated in the fundraise that closed in February, including New York-based Operator Partners, and California-based Hustle Fund and Adapt VC, as well as angel investors.
This morning Clara, a corporate spend-management startup focused on the Latin American market, announced its product launch and a $3.5 million pre-seed round led by General Catalyst.
Snif launched in October 2020 with a unique try-before-you-buy approach to fragrance and it quickly accumulated a fan base, including Kim Kardashian, Kendall Jenner, Kourtney Kardashian, Khloe Kardashian and Kris Jenner. It has also gotten into the hands of Tan France, La La Anthony, Olivia Culpo, Ashley Greene and Olivia Palermo. Hollywood is wild about these fragrances!