RISING AMERICA LAUNCHES ITS THIRD FUND
OVERVIEW:
Rising America Fund III is the third fund of this series, with the stellar Rising America Fund I performing in the top 5% of the 1,800+ funds founded in its vintage year. Rising America Funds focus on US Emerging Markets — high-potential, high growth opportunities brought about by rapidly changing demographics or market orientation in the US.
Rising America is one of the most active investors in US Emerging Markets, with twenty-seven (27) portfolio companies, from pre-seed to pre-IPO, across all sectors and geographies in the US. These investments are driving outsized returns and while bringing new products and services to the marketplace.
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Rising America Fund I, vintage 2020, is currently achieving a stunning gross TVPI of 3.20x and an IRR of 39.25%.
Rising America Fund II made is final investment Sept '24, and has a gross TVPI of 1.23x and an IRR of 13.29%.
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27 company investments in the portfolio – Pre-Seed to pre-IPO, across industry, geography
Led by the performance of a pre-seed investment in Canela Media, now valued at 40 times the original investment
56% of the portfolio have step-ups in valuations with nearly half of those at 3x or more, with one unicorn, Maven Clinic.
Industries include HealthTech, FinTech, Media, Enterprise, EdTech, and Beauty, Sports & Lifestyle
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Rising America Partners bring exception track records and investing expertise, with an average 16.4 years investing experience
Rising America is the first venture capital fund to be led by 5 African American and Latina/Hispanic Women Partners.
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Proven Investing Thesis focused on an enormous, underserved market with rapidly growing economic power.
Unique deal flow across industry, stage, geography and demography.
World-Class Fund Partners uniquely positioned to provide outsized returns.
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Over 2,000 limited partners who are founders, visionaries and influencers from the US and globally
Deep Diligence Networks and Co-investing with Sequoia, General Catalist, Lux Capital, Ulu Ventures, True Ventures. 4 of 5 partners are Kauffman Fellows
Extensive innovation and organizational networks with Springboard, National Science Foundation, National Institutes of Health, Kauffman Fellows, VC Include, Toigo Fellowship and others.
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Portfolia provides the back office, structure and limited partner support so the world's top VCs can focus on investing.
Portfolia's 46 partners across 14 funds lead the industry's best practice, and provide an expert investing network across industry
Portfolia's 2,000 limited partner executive, across 48 states and 20 countries, provide unparalleled knowledge, networks, and expertise.
A RISING AMERICA SUCCESS STORY
Isabel Rafferty’s launch and phenomenal growth of Canela Media is an unparalleled success story. Where we saw an immense opportunity in the growing demand for Spanish language media programming, others saw risk. Where we saw a highly experienced media executive with a huge vision, others saw a founder Who didn’t match their pattern.
With two Spanish-speaking Fund Founders and dozens of Latin American and Spanish-speaking limited partners, we recognized growth, opportunity and returns, where others saw an easy ‘no.’
Our investment is now valued at 40X our initial investment, and Isabel and Canela are just hitting their stride.
Invested pre-seed in 4Q20 - 120 other Venture Capitalists Had Passed.
Today Canela has 76 million unique device users and $110M in revenue
Rising America’s investment is worth 40 times (40x) the original investment
Portfolia Member Investor?
Portfolia Member Investors can directly access the investment documents via the Member Access portal: