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 Debt Collection

Snowball Wealth

Seed Round in 2019
Snowball Wealth, Inc. is a financial management platform based in San Mateo, California, that provides tailored guidance for managing student loans and other financial challenges. Established in 2018, the company focuses on helping individuals navigate debt, retirement, and investments through personalized analysis and recommendations. Its mobile app features a community-driven approach that encourages open discussions about debt and financial planning while also offering AI-driven tools to create customized plans for users. By addressing the complexities of student debt and providing insights on refinancing options, Snowball Wealth aims to empower individuals to effectively manage their finances, build generational wealth, and achieve their financial goals.

EarnUp

Series A in 2017
EarnUp Inc. is a fintech company based in San Francisco, California, that focuses on automating loan payments for consumers. Established in 2013, EarnUp's platform is designed to assist over 200 million Americans managing various types of debt, including home mortgages, student loans, auto loans, and personal loans. The platform allows users to set aside small amounts of money when they can afford it, which are then allocated for loan payments, helping users pay off their debts more efficiently. By syncing micro-payments with individual income and automating savings in real-time, EarnUp aims to alleviate the stress of financial management and empower users to take control of their financial situations.
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