August 16, 2022

LatinxVC Announces The Launch Of Their Third Cohort

Venture capital firm, LatinxVC, has opened applications for the third cohort of LatinxVC fellows. 

The eight-week program prepares participants for a successful analyst, associate, and senior associate role at a venture capital firm. In addition, the program will equip Latinx candidates with the tools needed to succeed and break into the investment world. 

LatinxVC was founded in 2019 by Rami Reyes, Maria Salamanca, and six other Latinx professionals. It works to grow the number of Latinx professionals in venture capital by helping them develop their careers and network. 

Their eight-week program will provide each fellow with their own VC so they can share their personal experience as an investor. In addition, the program will offer participants thesis building and hands-on learning to give them a rare first-hand look at a wide range of intellectual and operational challenges venture capitalists face. 

“We are partnering with incredible investors and organizations for our classes. You will learn the day-to-day of an investor, build your skill set, learn to source, how to identify great companies, how to build conviction, and of course, VC recruiting and how to stand out in the application process,” said LatinxVC in a statement. 

According to new research, Latinx investment professionals only comprise 2% of the venture capital industry workforce. However, through educational and communal initiatives, LatinxVC is well on bridging the racial wealth gap among Latinx founders. 

LatinxVC are accepting applications until August 28th 2022.

Kumba Kpakima

Kumba Kpakima is a reporter at POCIT. A documentary about the knife crime epidemic in the UK got her a nomination for the UK's #30toWatch Young Journalists of the Year.