TLDR:
- Isaac Kato, former leader of Techstars Seattle, has launched a new venture firm called Two Ravens to support “non-obvious” founders.
- Two Ravens aims to invest in diverse founders, immigrant founders, and founders outside major startup investment hubs.
Former Techstars Seattle leader Isaac Kato has started a new venture firm called Two Ravens, which is focused on supporting early stage tech startup founders that may be overlooked by other investors. The firm is targeting extraordinary, non-obvious founders, with an emphasis on diversity, immigrant status, and founders based outside of major startup investment hubs like Silicon Valley or New York City. Two Ravens raised a $20 million fund, according to a SEC filing from December, and typically invests between $250,000-to-$500,000 in each company. The firm is led by Isaac Kato, who previously led the Techstars Seattle accelerator. Carson Nye, another employee at Two Ravens, was previously an investment manager at Techstars Seattle. The launch of Two Ravens comes at a time when there is increasing attention on funding gaps for underrepresented founders, with initiatives like Two Ravens aiming to address this disparity in the startup ecosystem.
