Relentless focuses on tech for a couple of reasons. First, the pace of massive disruption, growth, and wealth creation in tech is almost unprecedented, which makes it an appealing asset class from an investment return standpoint. Second, we want marginalized groups to participate in the tech revolution so that they too may benefit from wealth creation.
We obsess over creating massive investment returns and impact by discovering and funding the most promising underrepresented minority tech entrepreneurs.
We are making venture capital work for people of color. When a third of the US population, made up of Blacks and Latin Americans, receives less than 3% of venture funding it is clear that we have a problem --- venture does not work for people of color.
Relentless is a majority Black and Latin American owned venture capital firm that believes diverse investment teams are necessary to building exceptional portfolios of tech companies founded by underrepresented minority entrepreneurs.
The problem of the underfunded minority entrepreneur is so pervasive that it requires a significant amount of focus. So, at Relentless, we only focus on investing in Black and Latin American entrepreneurs with one major caveat --- their companies have to be technology companies. This underrepresented ethnic investment factor of ours isn't popular among traditional venture capital firms, nor is it popular among other minority owed venture capital firms.
The name of our firm, Relentless, is all about a mindset in US tech lore of solving major problems and achieving massive outcomes. We operate with this mindset to achieve our goals and look for the same disposition in our portfolio company founders.
"BENEIFTS OF THE RELENTLESS MINDSET"
If you're not convinced of the benefits of the relentless mindset then type in the URL of this former standalone ecommerce platform for books www.relentless.com and see where it takes you.
Our team is comprised of veteran venture capital investors, venture fund operating managers, tech M&A lawyers, tech ecosystem builders, successful tech entrepreneurs, and even diplomats. We are bound together by mission and purpose.
There is no "pipeline problem" when it comes to funding underrepresented minority tech entrepreneurs. Our ecosystem is filled with brilliant entrepreneurs and companies. We have unique access to strong deal flow.
We research, discover, fund and work with minority innovators and technologists who are exploiting extraordinary opportunities. We believe that investing in underserved tech entrepreneurs can create both social impact and significant market based investment returns.