Mendoza Ventures

Mendoza Ventures is an early-stage an early growth venture fund based in Boston. The firm is run by husband and wife Adrian and Senofer Mendoza, entrepreneurs and prior operators who are veterans of the local startup ecosystem. The firm focuses on investments in fintech, AI, and cybersecurity, with diversity playing an important role in their investment decisions—about 80% of their portfolio consists of startups led by immigrants, people of color, and women. Mendoza started off as a pilot fund in 2016; after an exit and the realization that they had good traction with early-stage startups in Boston, Adrian and Senofer decided to focus exclusively on the seed-stage and formally launched Mendoza Ventures Fund II in 2019. Since then, the firm has made twelve investments and recruited senior managers, C-level executives, and domain experts as operating partners from places like State Street, Amazon Web Services, and Microsoft and strategic investors like Carta and Grasshopper Bank. In 2022 Mendoza Ventures opened a San Francisco office with the hiring of fintech veteran Asya Bradley as a senior partner. The firm is currently raising its third fund, a 100M fund anchored by Bank of America, focused on Series A to C funding rounds.

Pong Choa

General Partner

Adam Kerr

Senior Partner

Senofer Mendoza

General Partner

Lee Woolley

Limited Partner

13 past transactions

FiVerity

Seed Round in 2023
Headquartered in Boston, FiVerity, Inc. develops and markets AI- and machine learning software solutions that detect new and emerging forms of cyber fraud and deliver actionable, proactive threat intelligence. The company’s products meet the unique requirements of financial institutions, including banks, credit unions, and credit card providers. The company’s solutions help financial institutions strengthen, streamline and scale their consumer-facing business processes, such as application processing, credit verification, and customer onboarding. With its predictive and proactive approach, FiVerity’s solutions help customers to improve their internal processes to reduce losses from fraud and drive faster, and more profitable and sustainable growth.

Wabbi

Seed Round in 2021
Wabbi offers a continuous security platform that enables businesses to ship code that meets their application-specific security standards. Their security teams capture centralized, automated governance by orchestrating each enterprise's unique application security program, while development teams are empowered to manage security as part of their day-to-day workflows, unifying processes between development, security, and operations teams.

FiVerity

Seed Round in 2021
Headquartered in Boston, FiVerity, Inc. develops and markets AI- and machine learning software solutions that detect new and emerging forms of cyber fraud and deliver actionable, proactive threat intelligence. The company’s products meet the unique requirements of financial institutions, including banks, credit unions, and credit card providers. The company’s solutions help financial institutions strengthen, streamline and scale their consumer-facing business processes, such as application processing, credit verification, and customer onboarding. With its predictive and proactive approach, FiVerity’s solutions help customers to improve their internal processes to reduce losses from fraud and drive faster, and more profitable and sustainable growth.

Finch

Seed Round in 2020
Finch empowers you to access the benefits of investing without having to significantly change the way you manage your money today. Finch lets you earn investment returns by automatically investing your balance into a portfolio of diversified exchange-traded funds (ETFs) designed to match your unique risk profile. This means your entire balance is always working for you, from day one, no matter what your balance is. Finch further pushes the envelope by enabling you instant access to your money when you need it (even the invested part!). The company was founded in 2019 and headquartered in Boston, Massachusetts.

Senso.ai

Seed Round in 2020
Senso helps enterprises increase the bandwidth of information flow within their organizations. We’re a fast-growing startup offering a SaaS product designed for enterprises across financial services, healthcare, insurance, and other industries. The Senso platform offers enterprise-ready foundation models (LLMs) and a flexible way to aggregate institutional knowledge to enable frictionless search capabilities across documents, and real-time intelligence about customer interactions.

Listo

Venture Round in 2019
Listo Financial is a consumer financial services company that offers Latino consumers in the US insurance products and loans through technology-based retail and mobile experiences. Founded in 2014, the company is headquartered in San Jose, California, United States.

Ourly

Seed Round in 2019
Ourly is a digital allowance platform for banks that provides tools to remove the friction that parents and kids struggle with regarding money matters. Their best-in-breed SaaS platform empowers financial institutions to “turn on” financial literacy as a youth banking solution – standalone or integrated.

KALYP

Venture Round in 2019
RISE Financial Technologies develops a distributed ledger-based platform designed to facilitate post-trade service in the capital market.

KALYP

Venture Round in 2019
RISE Financial Technologies develops a distributed ledger-based platform designed to facilitate post-trade service in the capital market.

Canvas GFX

Convertible Note in 2019
Canvas GFX was founded on the vision of making complex product design accessible to people across manufacturing organizations. We transform the way people communicate and comprehend the products they make and how they come together.

KALYP

Seed Round in 2016
RISE Financial Technologies develops a distributed ledger-based platform designed to facilitate post-trade service in the capital market.

GoodDogLabs.

Seed Round in 2016
Good Dog Labs, Inc. was founded in 2014 by information security and Identity and Access Management industry veterans. We change how IAM is delivered today and secure business transactions and identities by providing advisory, implementation, and product services that together form an identity and access management assembly line. Our founders have more than 24 years of information security and Identity & Access Management experience and more than 2 years of IT service management methodology experience. The team has experience in leading large teams in providing innovative information security solutions and assisting clients with information security strategy and execution. Our passion is helping clients in all industries to design, implement, automate, and monitor information security and IT governance systems and programs. All of our experience is a result of working with security solutions and vendors including IBM, RSA Security, Aveksa, Cyber-Ark, Dell, NetIQ, Thor Technologies (Now Oracle OIM), and identity federation vendors where we have led engineering, consulting, and professional services teams to deliver holistic Identity & Access Management and information security products and solutions to global clients.

Alyce

Seed Round in 2016
Alyce is an AI-powered platform that works as a door-opener or to continue to develop real sales relationships. The platform redefining direct mail, swag and gifts with its scalable, sustainable, hyper-personalized approach to account-based marketing. It uses personal social data to tell you the perfect gift to give and handles orders, shipping, and reporting for 1-10,000 gifts, and is 100% free. Alyce builds real, personal relationships that deliver up to twice the named account penetration and drives 5x pipeline versus traditional approaches. It makes B2B gift-giving simple, effective and measurable. The company was founded in December of 2015, Alyce is a privately held company headquartered in Boston, MA.
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