# Mendoza Ventures

> Mendoza Ventures is a Boston-based venture capital firm founded by former operators Adrian and Senofer Mendoza. Across three funds, it concentrates on a deliberately small portfolio of early-stage and early-growth companies in fintech, artificial intelligence and cybersecurity, pairing capital with weekly operating support, customer introductions and fundraising help. Its investment thesis also treats founder diversity as a source of overlooked opportunity rather than a separate impact allocation.

- **Founded:** 2016
- **Headquarters:** Boston, United States
- **Founders:** Adrian Mendoza (Founder and General Partner), Senofer Mendoza (Founder and General Partner)
- **Team size:** LinkedIn lists a 2-10 employee company-size band, while the firm also uses a wider network of partners, venture partners, fellows, advisers and operating experts.
- **Products:** Fund I, Fund II, Fund III, Portfolio support
- **Notable:** Built three funds after launching a pilot fund in 2016., Reported four successful exits on its current website., Secured Bank of America as anchor investor for Fund III, followed by Grasshopper Bank and Truist Ventures participation.

## Products & services

- **Fund I** — The firm's 2016 pilot venture fund, used to establish its operator-led investment model.
- **Fund II** — A seed-focused fund launched in 2019; the firm reported that 80% of its capital was allocated to underrepresented founders.
- **Fund III** — A $100 million target early-growth fund for fintech, AI and cybersecurity companies, with emphasis on diverse management teams and co-investment access for LPs.
- **Portfolio support** — Weekly operating work with a limited portfolio, including fundraising syndicates, customer introductions, partnerships, go-to-market and company culture.

## Achievements

- Built three funds after launching a pilot fund in 2016.
- Reported four successful exits on its current website.
- Secured Bank of America as anchor investor for Fund III, followed by Grasshopper Bank and Truist Ventures participation.
- Reported allocating 80% of Fund II capital to founders who were women, immigrants, people of color or LGBTQ.
- Identified itself as the first Latinx-owned venture fund on the U.S. East Coast.
- Senofer Mendoza testified before a U.S. House subcommittee on entrepreneurship and American competitiveness in June 2025.
- Launched the affiliated nonprofit Mendoza Impact to support diverse founders, emerging managers and future investment professionals.

## Latest updates

- **2026-06** — Mendoza Ventures and Mendoza Impact convened more than 100 founders and funders with BMO during Boston Tech Week.
- **2026-05** — Senofer Mendoza discussed women in venture capital and the concentration of industry funding in two podcast appearances highlighted by the firm.
- **2026-04** — The firm held its 2026 annual general meeting with Carta and Weaver as sponsors.
- **2025-06** — Senofer Mendoza testified before the U.S. House Small Business Subcommittee on Economic Growth, Tax, and Capital Access.
- **2024-10** — A Fund III one-pager reported $40 million raised toward a $100 million target and co-investment access for LPs.
- **2023-11** — Truist Ventures joined Bank of America and Grasshopper Bank as a Fund III limited partner.

## Links

- Website: https://mendoza-ventures.com
- LinkedIn: https://www.linkedin.com/company/mendoza-ventures
- Facebook: https://facebook.com/mendozaventures

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Profile page: https://yespress.io/mendoza-ventures
Published by YesPress — https://yespress.io
Last updated: 2026-08-16