Endeavor Miami’s Collaboration with DeepWork Capital Aims to Bolster the Prospects of Startups led by Underrepresented Founders
Endeavor Miami, an affiliate office of Endeavor, a global organization supporting high-impact entrepreneurs in over 40 countries, is proud to announce its strategic partnership with DeepWork Capital, an early-stage venture capital firm based in Orlando, FL. In addition to its own funds, DeepWork Capital serves as the investment manager for the Florida Opportunity Fund, which consists of a number of venture capital programs.
This alliance is specifically formed to bridge the capital gap between available funds ready for deployment and EndeavorLAB participants. EndeavorLAB is a cohort-based initiative of Endeavor Miami designed to support underrepresented founders in Florida in building a foundation for scale.
Since its inception in 2015, approximately half of all DeepWork Capital investments have been allocated to startups led by diverse founders. These investments have been among the best performing. Now, DeepWork Capital and Endeavor Miami are working together to create a more inclusive tech landscape by fostering the growth of startups led by underrepresented founders.
“Endeavor Miami is dedicated to nurturing an inclusive entrepreneurial ecosystem, and our collaboration with DeepWork Capital will further catalyze the growth of founders that participate in our EndeavorLAB cohorts,” said Claudia Duran, Managing Director of Endeavor Miami. “We are committed to enabling these high-potential founders to scale their ventures, transforming vision into reality.”
In collaboration with Endeavor Miami, DeepWork Capital is committing to conducting due diligence with multiple EndeavorLAB participants for all EndeavorLAB cohorts hereafter. They also pledge to attend and support demo days, present on relevant topics for Endeavor companies, and leverage their network to provide comprehensive support for the cohort companies.
“In the first seven months of the year, we have invested in seven companies led by diverse founding teams,” said Kathy Chiu, Co-founder and Managing Partner at DeepWork Capital. “We are thrilled to partner with Endeavor Miami to discover high-quality investment opportunities in our region. We believe that backing underrepresented founding teams often aligns with our thesis of investing in overlooked opportunities that can yield superior investment returns.”
About Endeavor Miami:
Endeavor’s Miami affiliate was established in 2013, with the support of the John S. and James L. Knight Foundation, as the first U.S. affiliate of the global Endeavor organization. Endeavor Miami is a non-profit organization that selects, mentors and supports high-impact entrepreneurs in Florida. In 2022, Miami’s Endeavor Entrepreneurs generated over $800M in revenues and employed over 5,000 individuals. With the addition of its newest companies, the affiliate currently supports 25 companies and 41 entrepreneurs, such as Momentus Surgical, NovoPayment, and Tissini. Learn more about Endeavor Miami at endeavormiami.org
DeepWork Capital, a Florida-based venture capital firm, invests in high-growth early-stage companies in the technology and life science sectors through proprietary and public committed capital funds. The Firm partners with visionary entrepreneurs building world-changing companies and supports portfolio companies’ successes with active engagement. For additional information, please see https://www.deepworkcapital.com.