EDUCATION, ADVICE, AND
ACCESS TO SMART INVESTMENT RESOURCES
Startups rely on investment to fund their operations and boost their growth. But raising smart money is not an easy task. Founders need a clear company strategy and amplify their options to identify the right investors. This is exactly what our subprogram P18Ventures does: offer our startups advice, connections to curated investors, and the chance to apply to our follow-on matching fund.
The parallel18 investor network is composed of hundreds of local and international members, which actively invest in startups from Latin America, the United States, and Puerto Rico. Collectively, P18 graduated companies have raised around US $126M in private capital. In fact, the island’s investment landscape is growing exponentially, with Puerto Rico based investors putting over US $16M in parallel18 local companies in just the last four years.
THE P18VENTURES MATCHING FUND
A follow-on matching fund designed to co-invest in promising startups fresh from parallel18 that are positively impacting Puerto Rico’s economy. With the fund, the Puerto Rico Science, Technology, and Research Trust (PRSTRT) matches private capital raised by entrepreneurs with a target investment of US $75K, in exchange for equity or convertible notes. Up until Gen.7, P18Ventures has invested in 24 parallel18 companies.