Ulu Ventures

Ulu Ventures is a venture capital firm founded in 2008 and based in Palo Alto, California. Specializing in seed-stage and early-stage investments, the firm focuses on technology-enabled services, particularly in sectors such as educational technology, legal informatics, and various internet industries. Ulu Ventures targets investments in internet-enabled consumer and business services, digital media, mobile applications, and financial technology, among others. The firm often collaborates with other investors to make cumulative investments ranging from $500,000 to $1 million. It aims to invest primarily in the San Francisco Bay Area and seeks opportunities with viable exit strategies in subsequent funding stages. Ulu Ventures is notable for being the first Latina-led venture fund in Silicon Valley and is committed to reducing investment risk through a structured decision-making process.

Kathy Chen

Partner

Kevin Hoffberg

Venture Partner

Clint Korver

Co-Founder and Managing Director

Stephen Malinak Ph.D

Venture Partner

Maria Salamanca

Partner

Nancy Torres

Partner

Past deals in Non-Profit

Beam Impact

Series A in 2022
Beam Impact, Inc. provides an application that allows user to donate part of everyday purchases to impact social issues. The company was incorporated in 2016 and is based in New York, New York.

FreeWill

Series B in 2022
FreeWill is an online service that provides legal forms and legal information. It offers philanthropy and estate planning tools for donors and fundraisers to donate simpler and easier.

FarmRaise

Seed Round in 2021
FarmRaise is a digital platform that offers financial resources for farmers and ranchers to make on-farm improvements. It helps farmers unlock capital to amplify farm profitability and sustainability. It's free to register a FarmRaise account, match with grants, and apply for 3 federal programs currently on the platform. The company was founded in 2020 and is based in San Francisco, California.

Mon Ami

Venture Round in 2021
We're a women-founded, mission-driven startup tackling the $100B+ senior services market to enable delivery of life-sustaining services for older adults. We partner with agencies across the country who are at the frontlines of care, but who are currently not tech-enabled and are wasting 60% of their time on administrative paperwork that can be digitized and automated. Mon Ami’s SaaS solutions for senior services allow them to streamline workflow, increase capacity to serve more seniors, and track outcomes on senior well-being.

Mon Ami

Seed Round in 2021
We're a women-founded, mission-driven startup tackling the $100B+ senior services market to enable delivery of life-sustaining services for older adults. We partner with agencies across the country who are at the frontlines of care, but who are currently not tech-enabled and are wasting 60% of their time on administrative paperwork that can be digitized and automated. Mon Ami’s SaaS solutions for senior services allow them to streamline workflow, increase capacity to serve more seniors, and track outcomes on senior well-being.

Praxis

Seed Round in 2021
We are in a moment in history where entrepreneurs have disproportionate influence on everything from the social problems they work on to what they consume, practice, believe, and desire. As Jack Dorsey, founder of Twitter and Square, recently declared on the cover of Forbes, "the most efficient means to spread an idea today is corporate structure." Moreover, according to the Kauffman Foundation, 54% of millennials have started an organization or have the desire to start one. Given all of this, we believe the future of our world depends largely on the ventures the next generation creates. To create an institution for this context, we've created Praxis as a venture group, structured as a non-profit, that focuses on equipping and resourcing a growing portfolio of faith-motivated entrepreneurs who have committed their lives to cultural and social impact, renewing the spirit of their age one organization at a time. Praxis was conceived in 2010 by Dave Blanchard, then a Principal Designer at IDEO and Josh Kwan, the Director of International Giving for the David Weekley Family Foundation, and developed in collaboration with Q, a learning community that mobilizes Christians to advance the common good in society. Each year, Praxis welcomes 12 businesses and 12 nonprofits into their two Accelerator programs, where they provide the top-decision makers in these organizations with the knowledge, network, and personal discipleship necessary to build sustainable, high-impact organizations. In summer of 2014, they'll also launch Praxis Academy, a summer program focused on training Christ-following undergraduates at the intersection of faith, startups, and culture. Academy graduates will have a chance to apply for their Future Founders program, where they'll have an unique opportunity to do a summer apprenticeship with their Accelerator alumni.

FreeWill

Series A in 2020
FreeWill is an online service that provides legal forms and legal information. It offers philanthropy and estate planning tools for donors and fundraisers to donate simpler and easier.

Provenance Blockchain

Seed Round in 2019
Provenance Blockchain is the administrator for the Provenance.io blockchain,financial institutions have transacted over $1B in assets on Provenance, realizing over 130 bps of savings through improved execution in loan origination, financing and trading.

Beam Impact

Seed Round in 2018
Beam Impact, Inc. provides an application that allows user to donate part of everyday purchases to impact social issues. The company was incorporated in 2016 and is based in New York, New York.

FreeWill

Seed Round in 2018
FreeWill is an online service that provides legal forms and legal information. It offers philanthropy and estate planning tools for donors and fundraisers to donate simpler and easier.

SIPX

Series B in 2013
SIPX (pronounced “sip-ex”) is an exciting new company based in Palo Alto, California. Backed by the leading venture, corporate, and angel investors, our mission is to simplify the complex processes involved in legally accessing digital content for the higher education marketplace. It was incorporated in 2012 and is based in Palo Alto, California.

SIPX

Series A in 2012
SIPX (pronounced “sip-ex”) is an exciting new company based in Palo Alto, California. Backed by the leading venture, corporate, and angel investors, our mission is to simplify the complex processes involved in legally accessing digital content for the higher education marketplace. It was incorporated in 2012 and is based in Palo Alto, California.

ProFounder

Convertible Note in 2011
ProFounder is a crowdfunding platform that enables entrepreneurs to raise investment capital from friends, family, and community members.
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