Mendoza Ventures

Mendoza Ventures is a Boston-based venture capital firm founded in 2016 by Adrian and Senofer Mendoza, who are experienced entrepreneurs and operators in the startup ecosystem. The firm specializes in early-stage and growth investments in sectors such as fintech, artificial intelligence, and cybersecurity. A key aspect of Mendoza Ventures' investment strategy is its commitment to diversity, with approximately 80% of its portfolio comprising startups led by immigrants, people of color, and women. Initially launched as a pilot fund, Mendoza Ventures formally established its second fund in 2019, following a successful exit and recognition of its traction with early-stage startups. The firm has since made twelve investments and expanded its team by bringing in senior managers and domain experts from prominent companies. In 2022, Mendoza Ventures opened a San Francisco office, enhancing its reach in the fintech sector. Currently, the firm is in the process of raising its third fund, focused on Series A to C funding rounds, with backing from Bank of America.

Pong Choa

General Partner

Adam Kerr

Senior Partner

Adrian Mendoza

Co-Founder and General Partner

Senofer Mendoza

General Partner

Past deals in macOS

Canvas GFX

Venture Round in 2022
Canvas GFX Inc. specializes in developing vector and image software designed to assist engineers, scientists, designers, and technical graphics professionals in illustrating and communicating complex ideas. Its product lineup includes Canvas X, a graphic design and technical illustration tool; Canvas X3, which offers precision 3D model visualization; Canvas X Geo, a professional illustration toolset for diverse data formats; and Canvas X Draw, a graphics software for macOS that handles 2D vector graphics, raster graphics, text, and AutoCAD content. The company caters to various sectors, including aerospace, defense, energy, engineering, research, and manufacturing, through both licensing and its online store. Founded in 1986, Canvas GFX is headquartered in Plantation, Florida.

Canvas GFX

Convertible Note in 2019
Canvas GFX Inc. specializes in developing vector and image software designed to assist engineers, scientists, designers, and technical graphics professionals in illustrating and communicating complex ideas. Its product lineup includes Canvas X, a graphic design and technical illustration tool; Canvas X3, which offers precision 3D model visualization; Canvas X Geo, a professional illustration toolset for diverse data formats; and Canvas X Draw, a graphics software for macOS that handles 2D vector graphics, raster graphics, text, and AutoCAD content. The company caters to various sectors, including aerospace, defense, energy, engineering, research, and manufacturing, through both licensing and its online store. Founded in 1986, Canvas GFX is headquartered in Plantation, Florida.
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