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Mission-driven Funding for Social Enterprises

By Taryn Estes, Business Intern

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September 26, 2025

If your social enterprise is looking to partner with a values-aligned funder, check out this list. 

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DISCLAIMER: The information on this website is for general reference purposes only. It is not intended to be, and should not be relied upon as, legal, financial, or other advice. Changemaker Legal does not guarantee the accuracy, completeness, or timeliness of the information contained herein, and this presentation does not constitute an endorsement or recommendation of any entity listed. Clients and readers are strongly encouraged to conduct their own independent research and due diligence before engaging with any of the firms mentioned. Changemaker Legal is not responsible for any content contained on the linked websites contained herein. 

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LGBTQ+ Funders


1. Chasing Rainbows
Website: www.chasingrainbows.vc

Mission: “Chasing Rainbows is committed to empowering LGBTQ+ entrepreneurs, tapping into their lived experiences, unique perspectives and innovative ideas to create a more diverse and inclusive business world.”

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2. Gaingels
Website: www.gaingels.com
Mission: “Gaingels co-invests with select venture capital leads in companies resolved on building diverse and inclusive teams. We seek to drive top returns while influencing the ecosystem and representing a diverse group of investors that include the LGBTQ community and its allies within the capital stack of its portfolio companies.”

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3. LGBT Capital
Website: www.lgbt-capital.com
Mission: “Is principally focussed on the LGBT Consumer segment as a credible investment sector and to demonstrate the business case for advancements in LGBT equality and inclusion globally.”

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4. Loud Capital’s Pride Fund
Website: www.loud.vc
Mission: “We strive to empower LGBTQI+/queer entrepreneurs, companies, investors, and our communities through investment and uplift.”

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5. National Pride Grant
Website: www.foundersfirstcdc.org/pride-grant 
Mission: “The LGBTQIA+ National Grant provides eligible small businesses the chance to receive one of 25 grant packages totaling $25,000. Founders First is committed to increasing the number of diverse founder-led businesses generating over $1 million dollars in revenues.”

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6. Unconventional Ventures
Website: www.unconventional.vc
Mission: “The convergence of impact and diversity is imperative. Those directly facing the world's most formidable challenges are best positioned to comprehend their intricacies and devise viable solutions, thus presenting significant financial opportunities as well as creating lasting impact.”


7. Pipeline Angels
Website: www.pipelineangels.org
Mission: “Pipeline Angels is a network of diverse women and non-binary investors redefining what it means to be an investor and which companies get funded. Our mission is to provide in-depth training and high-touch service to women and nonbinary individuals interested in learning about angel investing. Our goal is to create entrepreneurial opportunities for underrepresented groups in the startup ecosystem.”

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8. Elevate Capital
Website: www.elevate.vc
Mission: “For some populations, there is a noticeable gap in gaining access to investment capital. These aspiring entrepreneurs are both underserved and overlooked, yet they have the courage and vision it takes to start and scale a business. At Elevate Capital, we believe there is a tremendous opportunity to invest early and offer mentorship to these entrepreneurs. We provide the venture capital and guidance they need to turn their startups into great companies.

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9. Backstage Capital
Website: www.backstagecapital.com
Mission: “Less than 10% of all venture capital deals go to Women, People of Color, and LGBT founders. Other VCs may see this as a pipeline problem. For years, we have seen it as the biggest opportunity in investment. Backstage Capital has invested in 200 companies led by underrepresented founders.”

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Latin-Focused Funders


1. L’Attitude Ventures
Website: www.lattitudeventures.com
Mission: “L’Attitude Ventures is dedicated to supporting U.S. Latino entrepreneurs. We invest in early-stage companies led by Latino founders, recognizing their outsized role in driving economic growth and innovation.”


2. Chingona Ventures
Website: www.chingona.ventures
Mission: “We back bold, underestimated founders whose businesses have the potential to disrupt industries. Our focus is on founders who are often overlooked, including women and Latinx entrepreneurs.”

 

3. VamosVentures
Website: www.vamosventures.com
Mission: “VamosVentures is an early-stage venture capital firm led by Latinx investors, focused on diverse teams, technology, and mission-driven companies creating positive social impact.”

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4. 2045 Ventures
Website: www.2045vc.com
Mission: “2045 Ventures backs underrepresented founders, particularly immigrants, women, and Latinx entrepreneurs, who are reshaping industries with bold ideas.”

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5. Kapor Capital
Website: www.kaporcapital.com
Mission: “Kapor Capital invests in tech-driven companies committed to closing gaps of access, opportunity, and outcome for low-income communities and underrepresented communities of color, including Latinx founders.”

 

6. Supply Change Capital
Website: www.supplychange.fund
Mission: “We invest in early-stage food and agriculture companies led by diverse founders, with a focus on Latinx, women, and other underrepresented groups.”

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7. Leap Global Partners
Website: www.leapglobalpartners.com
Mission: “Leap Global Partners is a venture capital firm focused on investing in early-stage Latinx founders across the U.S. and Latin America.”

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8. Mendoza Ventures
Website: www.mendoza-ventures.com

Mission: “Mendoza Ventures is a Latinx-owned fintech, AI, and cybersecurity-focused venture capital firm that prioritizes diversity, including women and Latinx founders.”

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9. Ganas Ventures
Website: www.ganas.vc
Mission: “Ganas Ventures invests in pre-seed and seed, community-driven startups in the U.S. and Latin America.”

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10. Ulu Ventures
Website: www.uluventures.com
Mission: “A Latino-founded early-stage venture firm, Ulu Ventures invests in data-driven entrepreneurs and aims to promote diversity in venture capital and entrepreneurship.”


Black-Focused Funders


1. Harlem Capital
Website: www.harlem.capital
Mission: “Harlem Capital is a diversity-focused venture capital firm on a mission to change the face of entrepreneurship by investing in 1,000 diverse founders over the next 20 years.”


2. MaC Venture Capital
Website: www.macventurecapital.com
Mission: “MaC VC is a seed-stage venture capital firm that invests in technology startups leveraging shifts in cultural trends and consumer behavior. We’re deeply committed to funding founders of color and underrepresented groups.”


3. Black Star Fund
Website: www.blackstar.fund
Mission: “We invest in Black and diverse founders solving critical problems across industries. We aim to create generational wealth in communities historically excluded from venture funding.”


4. Zeal Capital Partners
Website: www.zealcapitalpartners.com
Mission: “Zeal is an inclusive investment firm focused on bridging the wealth and skills gap in America. We back diverse management teams building tech-enabled businesses in education, workforce, and financial wellness.”


5. Collab Capital
Website: www.collab.capital

Mission: “Collab Capital partners with Black founders to accelerate sustainable, innovation-driven businesses that build generational wealth.”


6. Impact America Fund
Website: www.impactamericafund.com
Mission: “Impact America Fund invests in companies that enable economic agency for marginalized communities, with a focus on Black entrepreneurs.”


7. Lightship Capital
Website: www.lightship.capital
Mission: “Lightship Capital invests in underrepresented entrepreneurs across the Midwest, with a strong commitment to Black founders in scalable industries.”


8. Fearless Fund
Website: www.fearless.fund
Mission: “Fearless Fund invests in women of color-led businesses seeking pre-seed, seed-level, or series A financing.”


9. Base Ventures
Website: www.base.ventures
Mission: “Founded by Black entrepreneur Erik Moore, Base Ventures invests in early-stage technology companies, with an eye toward diversity.”


10. New Voices Fund
Website: www.newvoicesfund.com
Mission: “New Voices Fund invests in businesses owned or managed by women of color, with a commitment to economic empowerment and social impact.”


Women-Focused Funders


1. Female Founders Fund (F³)
Website: www.femalefoundersfund.com
Mission: “F³ is an early-stage fund investing exclusively in female-founded companies. We believe women are building the category-defining companies of tomorrow.”


2. BBG Ventures
Website: www.bbgventures.com
Mission: “BBG Ventures is a NYC-based, seed-stage fund backing bold female founders who are transforming the consumer experience.”


3. Women’s Venture Capital Fund II
Website: www.womensvcfund.com
Mission: “WVCF II invests in high-potential, early-growth companies led by gender-diverse teams. We believe gender diversity is a competitive advantage in business.”


4. Portfolia
Website: www.portfolia.com
Mission: “Portfolia brings together a powerful community of women investors to back innovative companies. We believe women backing companies they want in the world creates better products, returns, and representation.”

 

5. Golden Seeds
Website: www.goldenseeds.com
Mission: “Golden Seeds is an investment firm dedicated to pursuing market returns through the empowerment of women entrepreneurs and the people who invest in them.”

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6. Astia
Website: www.astia.org
Mission: “Astia identifies and invests in high-growth startups led by women, with a focus on leveling the playing field in venture funding.”

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7. SoGal Ventures
Website: www.sogalventures.com
Mission: “SoGal Ventures is the first female-led, millennial venture capital firm. We invest in diverse founders defining the next generation of consumer and healthcare companies.”

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8. Female Innovators Lab
Website: www.anthemis.com/anthemis-female-innovators-lab
Mission: “The Female Innovators Lab is a New York-based studio dedicated to cultivating entrepreneurial talent in women and helping them launch new businesses.”

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9. Springboard Growth Capital
Website: www.sb.co
Mission: “Springboard Growth Capital invests in women-led consumer companies that have the potential for rapid growth and impact.”

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10. Rethink Impact
Website: www.rethinkimpact.com
Mission: “Rethink Impact is the largest U.S.-based impact venture capital firm investing in female leaders using tech to tackle the world’s biggest problems.”

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Reproductive Justice Focused Funders
 

1. RH Capital 
Website: www.rhiaventures.org
Mission: An impact-first venture fund investing in early-stage companies working to improve reproductive and maternal health equity across the U.S.

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2. FemHealth Ventures 
Website: www.femhealthventures.com
Mission: Invests exclusively in women’s health innovations, including reproductive care, maternal health, and conditions that disproportionately affect women.

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3. Amboy Street Ventures
Website: www.amboystreet.vc
Mission: The first fund focused on Women’s Health & Sexual Well-being, backing startups in reproductive health, contraception, and sexual wellness.

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4. BBG Ventures
Website: www.bbgventures.com
Mission: A seed-stage fund backing diverse female founders, with notable investments in maternal and reproductive health startups like Millie Clinic.

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5. Rock Health Capital
Website: www.rockhealth.com
Mission: A digital health–focused VC that has invested in companies like Oula, a midwifery-led maternal care clinic improving outcomes for birthing people.


Humanitarian & Crisis Response Funders


1. Convective Capital
Website: www.convectivecapital.com
Mission: “Convective Capital invests in companies developing innovative wildfire technologies. Our mission is to fund solutions that predict, prevent, and respond to wildfires—building community resilience in the face of escalating climate-driven disasters.”


2. Chaotic Capital
Website: www.chaotic.capital
Mission: “Chaotic Capital backs preparedness and resilience technologies across multiple disaster types. We invest in founders developing solutions to minimize the human and economic costs of crises.”

 

3. Lifeboat Ventures
Website: www.lifeboat.ventures
Mission: “Lifeboat Ventures supports startups addressing disaster resilience and crisis response. We partner with entrepreneurs creating innovative tools to protect communities and infrastructure from catastrophic events.”

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4. Mercy Corps Ventures
Website: www.mercycorps.org
Mission: “Mercy Corps Ventures invests in and catalyzes venture-led solutions to increase the resilience of underserved individuals and communities worldwide, focusing on climate adaptation, inclusive fintech, and crisis preparedness.”

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5. Paladin Capital Group
Website: www.paladincapgroup.com
Mission: “Paladin Capital Group invests in technologies that safeguard critical infrastructure and enhance resilience. We back solutions that help governments, businesses, and communities prevent, withstand, and recover from disasters.”​

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