Venture capital with a conscience has hit the streets of Milwaukee through the opening of the city’s newest VC firm: VC 414.

Founded by venture capitalist and angel investor Jennifer Abele and former BMO Harris executive Raquel Filmanowicz, VC 414 launched at the start of the month with one mission in mind: to help underrepresented founders grow their businesses and create generational wealth.

“We believe that (Raquel) is the first Latina general partner in a venture capital firm in Wisconsin,” Abele said. “In the United States, there are less than 30. This is actually a really big deal that she’s half-owner of this company. It’s pretty groundbreaking.”

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