The announcement of the financing round, as well as the news of CityRock Ventures co-leading the round alongside New General Market Partners, was featured in the “New Money” section of the WSJ Venture Capital newsletter.
Why We Exist
The famous “hockey stick graph” looks mythical and smooth from afar, but look closely, and the true story of entrepreneurship emerges. Throughout the daily mix of ups and downs, we are there with our founders, every step of the way.
Integrity, excellence, measurable performance, and hard work underlie everything we accomplish.
Growing great companies is all about people.
We believe sustainable companies and diverse founding teams make for more successful investments.
The structure and model of venture capital itself is due for a change.
Companies need more than money, especially in the early stages.
Core problems facing early stage entrepreneurs are largely the same, regardless of sector.
Most entrepreneurs – even the most brilliant – are facing challenges for the first time. We’ve been there.
Unicorns are great, but not every successful company needs to follow this particular narrative.
Our involvement is designed to help increase the chances of success for our founders
Positive impact makes for stronger companies
- 100% Impact Companies
- 70% Diverse Leadership
We invest at the nexus of growth, impact and diversity.
We believe that impactful companies that solve real problems for real people yield better results. We also know that diverse founders build great companies and teams, but often lack ready access to funding and resources. For us, diversity includes underrepresented minority groups in tech, including gender, ethnicity, economic situation, LGBTQ+, and military service, among others.
How Our Model Works
In 2009, our team helped create the venture studio model. We believe that taking an active role in co-building our portfolio companies – far beyond simple funding – is crucial. Many venture firms speak of having a studio or value-added services, but to truly deliver the rarest form of venture capital – consistent support to all portfolio companies – requires the right structure. We apply these three key elements in our studio model:
Daily Active Engagement
A Powerful Ecosystem
Access to Capital
Press & Media
Holler, described by founder and CEO Travis Montaque as “a conversational media company,” just announced that it has raised $36 million in Series B funding.
Solar panels and clean heat shouldn’t be limited to the wealthy, says Donnel Baird, who’s bringing green power to low-income neighborhoods.
The views expressed in these articles and commentaries are those of the author at the time created. They do not necessarily reflect the views of H/L Ventures or any of its officers, directors, members or employees generally. These views are subject to change at any time based on market and other conditions, and H/L Ventures disclaims any responsibility to update such views. These views may not be relied upon as investment advice or as an indication of investment intent on behalf of H/L Ventures or any H/L Ventures portfolio and should not be construed as an offer to sell or a solicitation of an offer to buy securities or any product mentioned in any article. H/L Ventures has received certain nomination or awards by third-parties as reflected herein. Readers should review criteria for each nomination or award as reflected on the third-party’s webpage.