Sterling Road Diversity Report 2021

Sterling Road Diversity Report 2021

We’re going to start publishing the diversity of the Sterling Road portfolio. The goal is to hold ourselves accountable, as there’s a lot of work to do in our industry and beyond.

Overall, 53% of our investments in Fund 2 have founders from underrepresented groups, representing ~65% of the total investment $$. There’s a lot more to be done, especially around providing opportunities for LatinX founders.

In my opinion, a big part of building a diverse portfolio, involves having a diverse investment team. A founder recently reminded me of the pattern on our team page. You can expect some big changes to the investment team with our new fund in 2022.

Sterling Road team and advisors as of June 2021

I firmly believe investing in underrepresented founders is the largest opportunity in Venture Capital.

We’ll keep working hard to do better.