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.
FiVerity, Inc., based in Boston, specializes in AI and machine learning software solutions designed to combat cyber fraud within the financial sector. The company focuses on meeting the specific needs of banks, credit unions, and credit card providers by enhancing their consumer-facing business processes, including application processing, credit verification, and customer onboarding. FiVerity's platform facilitates real-time information sharing among data providers and supports anti-fraud efforts through the anonymized exchange of intelligence. This enables financial institutions to accelerate the detection and prevention of both known and emerging fraud, offering proactive alerts, transparent risk scoring, and automated fraud classification. By employing a predictive and proactive approach, FiVerity aids its clients in refining internal processes, ultimately reducing fraud-related losses and promoting sustainable growth.
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.
Daylight
Series A in 2022
Daylight is a digital banking platform based in West Hollywood, California, specifically designed for the LGBT+ community. Founded in 2020, Daylight provides a range of financial services, including prepaid cards and an app that offers tools, advice, and cashback for spending at queer bars and allied businesses. The platform aims to empower its members by helping them navigate the financial system, develop smarter financial habits, and connect with a supportive community. By focusing on the unique needs of the LGBT+ population, Daylight fosters financial literacy and encourages users to build a future that aligns with their values.
Wabbi
Seed Round in 2021
Wabbi provides a continuous security platform that helps businesses integrate security into their software development processes. By enabling security teams to establish centralized and automated governance, Wabbi supports the creation of tailored application security programs. This platform facilitates collaboration between development, security, and operations teams, allowing developers to incorporate security practices into their daily workflows. Wabbi's services include policy management, project analysis, and automated governance, all aimed at addressing security issues within development pipelines. This approach helps organizations mitigate risks and enhance developer productivity, ensuring that security measures do not hinder progress or cause delays.
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.ai Inc. is a Toronto-based company that provides a cloud-based predictive portfolio management platform primarily for the retail banking industry. Founded in 2017, Senso.ai's software enhances customer acquisition and retention by identifying critical moments for advisors to engage with clients regarding their banking needs. In addition to serving the financial sector, the company offers a SaaS product designed to facilitate information flow within enterprises across various industries, including healthcare and insurance. The Senso platform leverages advanced foundation models to aggregate institutional knowledge, enabling efficient document search capabilities and delivering real-time insights into customer interactions.
Listo
Venture Round in 2019
Listo Financial is a consumer financial services company based in San Jose, California, focused on providing Latino consumers in the United States with accessible insurance products and loans. Founded in 2014, Listo offers a range of services, including responsible credit, auto insurance, and life insurance, delivered through both physical retail locations and online platforms. By leveraging technology, the company aims to empower its customers to make informed financial decisions that align with their investment needs.
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 Technologies
Venture Round in 2019
KALYP is an independent technology provider specializing in distributed ledger-based solutions for financial market participants. The company's software, known as Root, is designed to enhance the efficiency of handling both traditional securities and digital assets through smart networks among financial institutions. KALYP focuses on modernizing financial services by reducing costs and improving transaction efficiency across global markets. Its platform facilitates post-trade services, promoting the creation of service networks that streamline cross-border processing of assets, thereby enabling businesses to access existing financial services while lowering barriers to market entry and fostering revenue growth.
Finch
Seed Round in 2019
Finch is a financial technology company based in Boston, Massachusetts, that provides an innovative online trading platform designed to simplify investing. Founded in 2019, Finch allows users to earn investment returns by automatically investing their cash balances into a diversified portfolio of exchange-traded funds (ETFs) tailored to their individual risk profiles. This unique approach ensures that users’ entire balance is actively working for them from the outset. Additionally, Finch offers instant access to funds, including those that are invested, enhancing liquidity for users. The platform also features a rewards card that enables customers to earn cash back on purchases, which can be automatically reinvested to foster financial growth. Through these services, Finch aims to make investing accessible and straightforward for its users.
KALYP Technologies
Venture Round in 2019
KALYP is an independent technology provider specializing in distributed ledger-based solutions for financial market participants. The company's software, known as Root, is designed to enhance the efficiency of handling both traditional securities and digital assets through smart networks among financial institutions. KALYP focuses on modernizing financial services by reducing costs and improving transaction efficiency across global markets. Its platform facilitates post-trade services, promoting the creation of service networks that streamline cross-border processing of assets, thereby enabling businesses to access existing financial services while lowering barriers to market entry and fostering revenue growth.
KALYP Technologies
Seed Round in 2016
KALYP is an independent technology provider specializing in distributed ledger-based solutions for financial market participants. The company's software, known as Root, is designed to enhance the efficiency of handling both traditional securities and digital assets through smart networks among financial institutions. KALYP focuses on modernizing financial services by reducing costs and improving transaction efficiency across global markets. Its platform facilitates post-trade services, promoting the creation of service networks that streamline cross-border processing of assets, thereby enabling businesses to access existing financial services while lowering barriers to market entry and fostering revenue growth.
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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