25 Capital Sources Every Underrepresented Founder Should Know in 2025

Posted by: Team Outlander

Posted on 04/16/2025

25 Capital Sources Every Underrepresented Founder Should Know in 2025

Here at Outlander VC, we have a simple philosophy: pedigree doesn’t predict success.

Often the most transformational companies are built by visionaries who might not fit the traditional venture capital mold. That’s why we’re committed to backing exceptional founders from Day Zero—regardless of where they’re building, what city they call home, or whether they have fancy generational legacy degrees.

We don’t invest in credentials. We invest in vision, execution, intelligence, and character.

If you’re building something extraordinary—especially if you’ve been underestimated or overlooked—we created this list specifically for you.

We’ve curated 25 VC funding sources for underrepresented founders in 2025. These early-stage funds truly understand what it means to back brilliance early, and they’re actively investing in women, people of color, LGBTQ+ founders, immigrants, veterans, and others who’ve historically been left out of the conversation.

Outlander VC

Stage: Pre-Seed, Seed
Check Size: $750K–$2.5M
Focus: Visionary founders building software or hardware-enabled software. We’re spending time thinking about AI applications, autonomy, Future of Work, consumer tech, energy, infrastructure, health, and more (just no crypto, gaming, biotech/pharma, or CPG)

What Makes Us Different: We couldn’t care less where you went to school or who’s in your network—we care about your ability to build something world-changing.

Website: https://outlander.vc
Apply: Click Here 

January Ventures

Stage: Pre-Seed, Seed
Check Size: Varies, $250K-$750K
Focus: Diverse Founders, Software, Healthcare, SaaS
Website: https://www.january.ventures/ 
Apply: Click Here

Precursor Ventures

Stage: Pre-Seed, Seed, Series A
Check Size: Varies, $250K-4M
Focus: Underrepresented Founders, Female Founders, LGBTQ+
Website: https://precursorvc.com/
Apply:
Click Here

Female Founders Fund

Stage: Seed, Series A
Check Size: Varies, 500K – $750K.
Focus: Female Founders in B2B, Consumer, Healthcare, and Fintech
Website: https://femalefoundersfund.com/ 
Apply: Click Here

True Wealth Ventures

Stage: Seed
Check Size: $1M
Focus: Female Founders, healthcare and climate
Website: https://truewealthvc.com/
Apply: Click Here

BBG Ventures

Stage: Seed
Check Size: Varies
Focus: Female Founders in health, education, climate, and consumer
Website: https://www.bbgventures.com/
Apply: Click Here

Chingona Ventures

Stage: Pre-Seed, Seed
Check Size: Varies, $500K-$1.5M
Focus: Underrepresented Founders, Healthcare, Consumer, Tech Agnostic
Website: https://www.chingona.ventures/
Apply:Click Here

HearstLab 

Stage: Seed, Series A
Check Size: Varies
Focus: Female Founders, B2B Saas
Website: https://www.hearstlab.com/
Apply: Click Here

Level Up by Hearst

Stage: Pre-Seed, Seed
Check Size: $300K average
Focus: Black and Latinx Founders, Sector Agnostic
Website: https://www.levelupventures.com
Apply: Click Here

Westbound Equity

Stage: Early Stage
Check Size: $750K-$1.5M pre-seed, $2M Seed+
Focus: Underrepresented Founders, Consumer
Website: https://westboundequity.com/
Apply: ​​Get in Touch

Context Ventures

Stage: Early Stage
Check Size: Varies, ~$500K
Focus: Female Founders, Impact
Website: https://www.contextvc.com/ 
Apply: Click Here

Gaingels

Stage: Early Stage
Check Size: Varies, ~250K-$1M
Focus: LGBTQ+ and allies
Website: http://gaingels.com/ 
Apply: Click Here

The Helm

Stage: Early Stage
Check Size: Varies, ~$500K
Focus: Female Founders, Impact
Website: https://thehelm.co/
Apply: Get in Touch

Graham & Walker

Stage: Early Stage
Check Size: Varies, $25K-$400K
Focus: Female Founders
Website: https://grahamwalker.com/
Apply:Click Here

Hustle Fund

Stage: Seed
Check Size: Varies, $150K first check
Focus: Underrepresented Founders, Consumer, SaaS
Website: https://www.hustlefund.vc/
Apply: Click Here

Chai Ventures

Stage: Early Stage
Check Size: Varies
Focus: Female Founders
Website: https://chai-ventures.com/
Apply: Get in Touch

Harlem Capital

Stage: Pre-Seed, Seed
Check Size: Varies, $500K-$1M
Focus: Underrepresented Founders
Website: http://harlem.capital/
Apply: Click Here

Anthemis Group (Female Innovators Lab)

Stage: Early Stage
Check Size: Varies
Focus: Female founders, FinTech
Website: https://ecosystem.anthemis.com/female-innovators-lab/
Apply: Click Here

MaC Venture Capital

Stage: Pre-Seed to Series A
Check Size: Varies
Focus: Underrepresented Founders
Website: https://macventurecapital.com/
Apply:Get in Touch

Vamos Ventures

Stage: Seed
Check Size: Varies
Focus: Latinx, Underrepresented Founders
Website: https://vamosventures.com/
Apply: Click Here

Scout Ventures

Stage: Seed
Check Size: $2-5M
Focus: Veteran Founders
Website: https://www.scout.vc/
Apply: Get in Touch

Artemis Fund

Stage: Seed
Check Size: $750K – $1.5M
Focus: Diverse tech founders in fintech, commerce, and caretech
Website: https://www.theartemisfund.com/
Apply: Click Here

GingerBread Capital

Stage: Pre-Seed to Series A
Check Size: Varies
Focus: Female Founders
Website: https://gingerbreadcap.com/
Apply: Get in Touch

Wellington Access Ventures

Stage: Seed, Series A
Check Size: Varies
Focus: Underrepresented founders
Website: https://www.wellington.com/en-us/intermediary/capabilities/wellington-access-ventures
Apply: Get in Touch

Serena Ventures

Stage: Early-Stage
Check Size: Varies
Focus: Underrepresented founders
Website: https://www.serenaventures.com/
Apply: Get in Touch

Swizzle Ventures

Stage: Pre-Seed, Seed
Check Size: $100-$200K 

Focus: Women and wealth
Website: https://www.swizzle.vc/
Apply: Click Here

L’Attitude Ventures

Stage: Early Stage, Pre-Seed-Series A
Check Size: $1-2M

Focus: US Latinx entrepreneurs
Website: https://lattitudeventures.com/
Apply: Click Here

The Bottom Line

The future of innovation depends on the diversity of those shaping it.

It’s not enough to just say “anyone can be a founder.” We need to back that belief with real capital. These 25 funds (and many more) are doing exactly that—tearing down barriers, challenging outdated norms, and funding tomorrow’s leaders today.

And if you’re one of those founders with a world-changing vision? We want to hear from you.

Pitch us: Here


Team Outlander

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