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As investors, we believe in backing the best ideas and building companies that can meet the demands of the future. Research shows that underrepresented founders lack access to VC networks and face systemic barriers when raising capital—a reality that stifles innovation and leaves promising companies without the support they need to reach their full potential. In partnership with Management Leadership for Tomorrow and their mission to equip high-achieving individuals from underrepresented communities, today we launched Peerless, a $1M pitch competition that supports visionary Black, Latine, Native American and female founders focused on early-stage startups. Alongside support from a network of incredible VC partners that include BBG Ventures, VamosVentures, Human Ventures, Amazon Web Services (AWS), Harlem Capital, and New York City Economic Development Corporation, one grand prize winner will receive a $1M investment along with talent recruitment support as they scale, ongoing mentorship and coaching, access to industry networking events, and membership to Tech:NYC. Applications are now open! https://lnkd.in/e4sVpJ_g

One Founder. One Million.

One Founder. One Million.

peerlesspitch.com

Chloe Zhu, CFA

Fintech builder & investor | Talk about #fintech #VC #angelinvesting #data #credit #startup

7mo

Great event, but the $1mm fundraising cap will turn away many deserving founders. Reason: Startups that have raised <$1mm are usually at pre-seed stage, still building MVP/ searching for PMF. So a $1mm injection from you is too much at the moment. Startups that have raised >$1mm are usually approaching/at Seed stage, having found PMF. $1mm can be just the perfect amount to unlock their next stage of growth: scaling GTM, hiring a permanent team etc.

Desiree Almodovar

Building @ AlleyCorp VC | GTM Strategy | Investor | HBS Alum

7mo

Honored to be building this with the AlleyCorp team.

Jess Schram

Director of Investments & Incubations @ Remedy Product Studio | Venture Scout | Techstars Mentor

7mo

We love to see it!!

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