A newly launched venture capital firm called VC 414 aims to invest in women and other underrepresented entrepreneurs.
The firm was established in January by venture capitalist and angel investor Jennifer Abele and former BMO Harris executive Raquel Filmanowicz. While the co-founders are continuing to raise dollars with plans to open the fund later this year, they’ve made some initial investments using their own capital commitments to get the ball rolling.
Speaking yesterday during a Wisconsin Technology Council event in Wauwatosa, Filmanowicz said the firm will invest with Black, Latino and Indigenous founders, as well as veterans, people with disabilities, members of the LGBTQ community and other women.
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