FounderFuego empowers diverse founders with access to capital opportunities, resources, and inspiring stories.

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  • Access to Venture Capital for Black, Brown & Women Startup Founders

    In 2022, Black and Latino founders received only 1 percent and 1.5 percent, respectively, of total U.S. venture capital (VC) funding.

    Women-founded teams received just 1.9 percent of VC funds, and only 0.1 percent of VC funds went to Black and Latina women founders. (Source: McKinsey and Company June 2023)

    We aim to get more diverse startup founders in the room where it happens on both sides of the table.

    Study Here
  • People in front of wall talking

    Access to Philanthropic Funding for Black & Brown Nonprofit Founders

    In 2022, 81% of Black, Indigenous, People of Color (BIPOC)-led nonprofit organizations surveyed saw an increase in service demand during the pandemic as compared to 67% of white-led nonprofit organizations.

    Hispanic/Latinx and BIPOC-led nonprofit organizations continue to seek equitable access to unrestricted philanthropic funding. (Source: Nonprofit Finance Fund State of Nonprofits Survey June 2022)

    We aim to increase awareness of access to capital opportunities for diverse nonprofit founders to increase community impact.

    Survey Here
  • Young South Asian group of professionals at boardroom table

    For the Greatest Impact, Advocacy Starts with Diverse Founders

    Women and people of color are less likely to negotiate than white counterparts, which is leaving a tremendous economic opportunity on the table and out of the boardroom.

    Representation matters. In 2023, more than half of corporate board directors surveyed believed that diversity efforts are driven by political correctness while about one third suggest that diversity efforts put less-qualified candidates on the board. (Source: PwC ‘s 2023 Annual Corporate Board of Directors Survey)

    We aim to change this narrative by demonstrating the impact of diverse founders asking for what they want (and getting it).

    Survey Here

  • Advancement Opportunities for Women in the Workplace

    In 2023, more than 27,000 employees and 270 senior HR leaders were surveyed and shared insights on policies and practices. The report provides an intersectional look at the specific biases and barriers faced by Asian, Black, Latina, and LGBTQ+ women and women with disabilities.

    Progress for early-career Black women remains the furthest behind. After rising in 2020 and 2021 to a high of 96 Black women promoted for every 100 men, Black women’s promotion rates have fallen to 2018 levels, with only 54 Black women promoted for every 100 men this year. (McKinsey and Company October 2023)

    We aim to change this by empowering women with LinkedIn outreach strategies, negotiating resources, and tools to help fill this gap.

    Survey Here