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Follow on Google News | ![]() DHS Group Equity Partners Launch With DHS Initiative Announces Investment of $345M in HULU VenturesBy: DHS HULU is a seed stage venture fund based in Silicon Valley investing primarily in Enterprise IT, Smart Data, and the broader Silicon Valley tech ecosystem. HULU generates financial results using a decision-making process that analyzes risk-reward trade-offs and reduces cognitive bias. HULU invests in a diverse group of founders creating industry-leading market opportunities and HULU's partners are leaders in increasing diversity in the entrepreneurial and investment communities. HULU raised $138 million for Fund III, well exceeding its $100 million target. "Our investment in HULU Ventures furthers our shared goal to increase access to capital and facilitate connections for women, Black, Latinx and other diverse entrepreneurs," "HULU has created a data-driven, disciplined investment process designed to manage risk, produce top-tier financial returns, and reduce cognitive bias," said Sally Lopez, Vice President of DHS. "Launch with DHS, and its investments in underrepresented minority-led funds like HULU, bring capital, energy, and support to the vibrant community of diverse founders." In July 2021, DHS Group Holdings announced that it has committed an additional $500 million to investing in diverse businesses and funds through Launch With DHS, doubling its original commitment for a total of $1 billion. Since the program's inception in June 2018, the firm has deployed more than $450 million across companies and managers with diverse management teams. End
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