Zella Life founder and Plug In member Remy Meraz announced earlier this week her company was selected to join the first cohort of the Google for Startups LatinX Founders Fund, a $5 million initiative designed for LatinX founders who are building great companies yet are often locked out of access to the funding critical to their success.
“I applied to the Google for Startup Latino Founders Fund because Black and Latinx women founders received less than half a percent of total VC investment in 2020, and I’m grateful to Google Startups for recognizing this and taking action. The Google for Startup Latino Founders Fund is enabling us to increase access to professional and personal development coaching for the BIPOC community,” said Remy Meraz, co-founder and CEO of Zella Life.
Zella Life is an AI-driven coaching platform for individuals and corporate teams that are changing the future of work for professionals of color. Remy joined Plug In’s first Tech Accelerator cohort in 2020.
US Startup Surge Is Driven by Growth in Majority Black Areas
According to the Alliance for Entrepreneurial Equity, US entrepreneurial growth has been particularly strong since the pandemic. Particularly in areas where minority groups make up the majority of the population.