What SomosVC does

SomosVC is a nonprofit professional community organization founded in 2019–2020 (originally as LatinxVC, rebranded in 2023) that develops and accelerates Latino/a representation across the venture capital career pipeline. Headquartered in San Francisco with active event presence in New York, Los Angeles, and Miami, the organization operates a structured portfolio of programs — Fellowship (free, 8-week program for aspiring VCs), Mentorship (one-year program for pre-partner investors), and Eleva ($1,000, 8-week program launched September 2025 for senior operators and founders) — alongside three flagship events (Annual Summit, Avanza Summit, Emerging Manager Showcase), a Job Board, and annual research publications including the State of Latino/a VCs report.

SomosVC is not a technology product company. Its core offering is a curated community spanning the full VC career lifecycle, from prospective analysts to emerging fund managers. No proprietary software, AI/ML systems, or APIs are disclosed; technology is used purely for distribution and operations — Airtable and Google Forms for applications, Webflow for the website, Substack for newsletter, and Donorbox for donations. Programs are delivered via weekly virtual sessions with optional in-person convenings in San Francisco and New York.

Revenue mechanics are those of a 501(c)(3)-style nonprofit: funding flows primarily from corporate sponsorships and individual donations. The Fellowship Program is fully subsidized; Mentorship pricing is undisclosed; and Eleva introduces the organization's first paid participant tier at $1,000. Named sponsors include SVB First Citizens Bank and Fenwick & West LLP (founding), plus Google Ventures, Norwest, Pivotal, Stifel Financial, Chavez Family Foundation, and Armanino. No revenue, ARR, or financial figures are publicly disclosed.

Name

SomosVC

Legal name

SomosVC

Website

https://somos.vc

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

SomosVC is a nonprofit professional community organization that develops Latino/a venture capital talent across the career pipeline, operating fellowship, mentorship, and Eleva programs alongside flagship events in San Francisco, New York, Los Angeles, and Miami.

Ownership category

akta.pro rank

Product category

Venture Capital Community Development

NAICS

Professional Organizations (81392), Professional and Management Development Training (611430)

SIC

Services-Membership Organizations (8600), Services-Educational Services (8200)

akta.pro primary industry

Process, SOP & Workflow Onboarding (EDABAOAF)

Keywords

• Venture capital community
• Investor fellowship programs
• Professional development events
• Emerging manager showcase
• Diversity in venture

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Sponsorships and Donations: Corporate sponsors and individual donors provide funding to support SomosVC's mission of increasing Latino/a representation in venture capital. Sponsors include major financial institutions (SVB First Citizens Bank, Stifel), VC firms (Google Ventures, Norwest, Pivotal), law firms (Fenwick), and foundations (Chavez Family Foundation). The organization accepts donations through Donorbox platform.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

SomosVC is a nonprofit professional community organization that develops Latino/a talent for the venture capital industry. It delivers structured training programs (Fellowship, Mentorship, Eleva) and curated events (Annual Summit, Avanza Summit, Emerging Manager Showcase) that connect aspiring investors, pre-partner VCs, emerging fund managers, and limited partners across the U.S. venture ecosystem.

Product overview

SomosVC is a professional community organization that serves as a curator unlocking opportunities in venture capital for Latinos/as and allies. The organization offers a portfolio of programs and events designed to develop talent at various career stages: the Fellowship Program for aspiring investors seeking entry-level VC roles; the Mentorship Program for pre-partner investors seeking career acceleration; and the Eleva Program for experienced operators and founders transitioning to angel investing or senior VC roles. Event offerings include the Annual Summit for premium networking, the Avanza Summit for pre-partner professional development, and the Emerging Manager Showcase for fund managers. The organization also provides a Job Board resource and publishes annual Reports & Research including impact reports and the State of Latino/a VCs report.

Differentiator

Problem solved

Functional benefit

Products and services

• Fellowship Program An 8-week program designed to prepare the next generation of venture leaders for successful roles as Analysts, Associates, or Senior Associates at VC firms, providing tools and community needed to break into the venture capital industry. Free for participants.
• Mentorship Program A one-year program connecting pre-partner Latino/a investors and allies with senior investors at firms across the venture ecosystem, providing support for career progression through quarterly 1:1 mentoring sessions.
• Eleva Program An 8-week program designed for mid- to senior-level operators and founders to chart their path into venture capital, whether becoming an angel investor or stepping into partner-level roles at VC firms. Costs $1,000 per participant.
• Annual Summit The leading platform for premium content and networking in the U.S. VC ecosystem, bringing together venture capital investors to connect and grow professionally. Hosted annually across key cities including SF, NYC, LA, and Miami.
• Avanza Summit A premier professional development event for pre-partner VCs (Analyst, Associate, VP, Principal) to build networks and learn valuable skills for becoming top-tier VCs and advancing toward partner level.
• Emerging Manager Showcase An invite-only event showcasing high-potential funds in the SomosVC community, featuring topical discussions and presentations by U.S.-based Emerging Managers fundraising within 12 months, connecting them with institutional investors and limited partners.

Quantifiable outcome

• 51,612 new jobs created by Latino/a-led firms in the SomosVC community
• +5 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered founding and supporting.

• Fenwick & West LLPfoundingStrategic or Co-development Partner · 1 January 2021Fenwick & West LLP was a founding sponsor of SomosVC and played a key role in the organization's official incorporation in 2021. As a leading technology and life sciences law firm, Fenwick provides legal expertise and support for the organization's initiatives.
• ArmaninosupportingStrategic or Co-development PartnerArmanino LLP, a certified public accounting and consulting firm, sponsors SomosVC, providing expertise in financial compliance and business advisory services.

Scale indicators7 records

Recent moves14 records

Expansion highlights5 records

Direct peers

• All Raise: All Raise is a nonprofit membership community focused on increasing the representation of women in venture capital through fellowship, mentorship, and summit programming. Its operating model (cohort-based training, summits, sponsorship-driven revenue) directly mirrors SomosVC's structure.
• BLCK VC: BLCK VC is a nonprofit community increasing Black representation in venture capital via fellowships, events, and an emerging-manager directory. Comparable to SomosVC in mission, demographic focus, community-led GTM, and reliance on institutional sponsorship.
• Pipeline Angels: Pipeline Angels is a network changing the face of angel investing and capital allocation by training and connecting investors from underestimated demographics. Its bootcamp-and-network model is highly comparable to SomosVC's Fellowship and Eleva programs.
• VC Include: VC Include is an organization dedicated to increasing diversity within the venture capital industry through advocacy, programming, and events. It shares SomosVC's mission of growing underrepresented representation across VC firms and emerging managers.

Broad incumbents

• National Venture Capital Association (NVCA): NVCA is the largest U.S. trade association for the venture capital industry, representing the vast majority of institutional VC firms. As an industry-wide membership body with advocacy and programming, it operates at a much larger scale than SomosVC but serves the same institutional VC ecosystem.
• National Association of Investment Companies (NAIC): NAIC is the trade association for diverse- and minority-owned private equity and venture capital firms. As a membership organization representing emerging managers seeking institutional capital, it overlaps with SomosVC's Emerging Manager Showcase constituency.

Emerging players

• Latinx Founders: Latinx Founders supports Latino/a startup founders through community, events, and resources, complementing SomosVC's investor-side focus with an entrepreneur-side counterpart. Both organizations serve overlapping community members and frequently cross-promote.
• Equality VC: Equality VC is a community of LGBTQ+ venture investors and allies building visibility and connections within venture capital. Its cohort and community model parallels SomosVC's networking and mentorship offerings for an adjacent underrepresented demographic.

Regional players

• Anthemis (Diversity in Fintech): Anthemis is a venture firm investing in financial services and runs programs focused on diversity and inclusion in fintech. While primarily U.K.-based and fintech-focused, its community-building approach shares structural similarities with SomosVC's fellowship and summit model.

Others

• Ulu Ventures: Ulu Ventures is a seed-stage venture firm co-founded by Maria Salamanca, a SomosVC founding board member. While a VC fund rather than a community organization, it is directly intertwined with SomosVC through leadership overlap and shared Latinx-investor network.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/latinxvc
• Xx.com/SomosVC_

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SomosVC