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L'ATTITUDE Ventures
L'ATTITUDE Ventures, co-founded by Sol Trujillo and Gary Acosta, runs a $100M-target fund backing Latino-founded startups at Seed and Series A.
L'ATTITUDE Ventures
Founded in 2019, L'ATTITUDE Ventures emerged from the same partnership that created the annual L'ATTITUDE conference, a large business gathering focused on the US Latino cohort. Co-founders Sol Trujillo, former CEO of Telstra and a longtime global telecom executive, and Gary Acosta, a serial entrepreneur and co-founder of the National Association of Hispanic Real Estate Professionals, designed the firm to address a persistent capital gap. The debut vehicle, L'ATTITUDE Ventures Fund I, targeted $100 million with a specific mandate: back US-based Latino entrepreneurs at the Seed and Series A stages. The firm invests across enterprise software, fintech, digital health, AI/ML, and workforce-adjacent technology. It targets companies with at least one Latino co-founder or C-suite executive, deploying checks between $500,000 and $5 million into Seed and Series A rounds. The strategy combines direct equity investments with a structured co-investor network that includes institutional LPs and corporate partners. Publicly confirmed deal activity includes participation in rounds alongside firms such as SoftBank and Valor Equity Partners, though the firm has not disclosed a full public portfolio list (per the firm's official communications). Its geographic focus spans major US tech hubs with significant Latino entrepreneurial density, including California, Texas, Florida, and New York. Leadership sits with Trujillo and Acosta as General Partners, joined by Laura Donahue, a veteran operator and investor who previously served in executive roles at Silicon Valley firms (per public record). The team leverages the L'ATTITUDE conference — held annually in partnership with national media and corporate sponsors — as a proprietary sourcing mechanism, reviewing hundreds of companies presented at the event's startup showcases. The firm's structure does not include disclosed adjacent family-office vehicles or philanthropic foundations, operating instead as a standalone institutional fund. In May 2024, L'ATTITUDE Ventures reported that it had evaluated over 1,500 companies since launch, deploying capital into a concentrated portfolio of fewer than 20 active investments (per the firm's official communications, May 2024). Structurally, the firm is an institutional venture capital fund whose competitive edge is not algorithmic or pure-network driven — it is a demographic market thesis executed at scale. By tying its deal-sourcing engine to a nationally branded conference that attracts corporate C-suites and institutional allocators, the firm creates a funnel that traditional Sand Hill Road GPs rarely access. The resulting portfolio serves as a signal to the broader market that under-allocated founder demographics can support institutional-quality ventures, making the fund's existence as much a market-structural intervention as a financial strategy.
General information
Firm type
Venture Capital
Year founded
2019
AUM
~$100M–$200M (Altss estimate)
Location
Region
North America
Country
United States
City
San Diego
Corporate office
San Diego, California, United States
Principals
Sol Trujillo
Co-Founder & General Partner
Gary Acosta
Co-Founder & General Partner
Laura Donahue
General Partner
Sector focus
Frequently asked questions
Who makes investment decisions at L'ATTITUDE Ventures?
The Investment Committee is led by General Partners Sol Trujillo, Gary Acosta, and Laura Donahue. The three bring a blend of large-company operational experience (Trujillo as former CEO of Telstra and US West), entrepreneurial and association-building expertise (Acosta via NAHREP), and institutional investment discipline (Donahue's prior venture roles in Silicon Valley). Day-to-day pipeline management and diligence are run by the GP team from the firm's San Diego base.
Does L'ATTITUDE Ventures require a founder to be Latino to invest?
The firm's thesis targets US-based companies where at least one founder or key C-suite executive is Latino. This is not a certification requirement but a structural screen aligned with the fund's mandate to address capital access for a demographic cohort that receives disproportionately low venture funding (per the firm's official communications). The firm has publicly stated it evaluates opportunities across all sectors provided the leadership team meets that threshold.
How is L'ATTITUDE Ventures connected to the L'ATTITUDE conference?
The firm and the conference share co-founders Sol Trujillo and Gary Acosta and operate under a shared brand. The annual conference — a multi-day event drawing corporate executives, investors, and public-sector leaders — serves as both a proprietary sourcing pipeline and a relationship-building platform for the fund. Startups that present at the conference's showcase are often evaluated for potential investment, creating a unique funnel that combines events-driven origination with institutional venture diligence.
What investment check size does L'ATTITUDE Ventures write?
The firm writes initial checks ranging from $500,000 to $5 million at the Seed and Series A stages, with capacity to follow on in subsequent rounds (per the firm's official communications). The fund targets a concentrated portfolio — fewer than 20 active companies as of mid-2024 — which implies significant reserve capital for pro-rata follow-on participation in winners.
Does L'ATTITUDE Ventures invest outside the United States?
The fund's mandate is US-focused, targeting companies headquartered in major domestic tech corridors — with significant deal activity in California, Texas, Florida, and New York. The firm has not publicly indicated plans to invest in Latin America or other geographies, distinguishing it from some Latino-led funds that operate pan-regionally (per public record).
What is the relationship between L'ATTITUDE Ventures and NAHREP?
Gary Acosta is a co-founder of both L'ATTITUDE Ventures and the National Association of Hispanic Real Estate Professionals (NAHREP), a large trade organization representing Latino real estate professionals. NAHREP's network provided early connectivity for the conference and, indirectly, for the venture fund's deal-sourcing ecosystem. However, the fund operates independently and is not a captive investment vehicle of NAHREP.
How does a founder get in front of L'ATTITUDE Ventures?
The primary non-internal pathway is through the L'ATTITUDE conference, which features a competitive startup showcase and matchmaking component. The firm also accepts warm introductions from its LP base — which includes institutions and corporate partners — and from the broader network of Latino entrepreneur organizations and co-investors. Cold inbound is not the firm's stated preferred channel (per public record).
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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