Ulu Ventures is a seed-stage venture capital firm founded in 2008 by Miriam Rivera and Clint Korver, headquartered in Palo Alto, California. The firm is committed to supporting diverse founder teams, with approximately 80% of its portfolio companies having a founder who is an immigrant, a woman, or from a minority group.
In February 2025, Ulu Ventures closed its fourth fund, raising $208 million. This fund brings the firm's total assets under management to over $400 million and is notable for being one of the largest U.S. venture funds led by a Latina woman.
Investment Strategy
Ulu Ventures employs a data-driven investment approach designed to minimize cognitive biases and enhance decision-making.
The firm assigns probabilities to key business metrics, such as market share and revenue, to assess the potential for achieving significant returns. This structured methodology ensures a disciplined evaluation process while maintaining inclusivity across diverse demographic groups.
Notable Investments
Notable Exits
United States
