We invest in teams with the vision and ability to bring breakthrough ideas to market. It is our strong belief that people with diverse backgrounds and perspectives enable teams to make better decisions and to create technology that addresses the breadth of opportunities and challenges we face worldwide.
In June 2015, Intel Capital announced a groundbreaking commitment in the venture industry. The Diversity and Inclusion Initiative started as a five-year goal to invest $125 million in technology companies led by women and underrepresented populations, which include Black, Latinx, and Native Americans.
In October 2016, the Intel Capital Diversity and Inclusion Investing Initiative was expanded to include startups led by entrepreneurs living with disabilities, U.S.-based entrepreneurs from the LGBTQ community and U.S. military veterans. This expansion also aligns with Intel’s supplier diversity program.
Intel Capital exceeded the initial $125 million investment target more than two years ahead of schedule, in early 2018.
In addition to rapidly exceeding the initial goal, this investment initiative has continued to grow:
- Since 2015, Intel Capital has invested more than $400 million in companies led by diverse teams.
- 2019 was a record year with Intel Capital investing over $170 million in diverse teams.
- Diverse team investments represented more than 30 percent of Intel Capital’s 2019 new deals as compared with 18 percent of 2018 new deals.
- Currently, diverse teams comprise 15 percent of Intel Capital’s total active investment portfolio.
- Since inception of the Diversity and Inclusion Investing Initiative in 2015, Intel Capital has invested $140 million in 13 founders who are Black or Latinx representing nearly 35% of the Initiative’s investments.
We are proud of our diversity and inclusion investment leadership to date and will pursue additional ways to have greater positive impact on the tech start-up and VC ecosystem.
“86% of all venture-funded businesses have no women in management positions.”
All Intel Capital investments cover a broad spectrum of innovative industries, including artificial intelligence, autonomous mobility, data center and cloud, 5G communications and next-generation compute. To learn more about our investment sectors, visit Intel Capital Portfolio.
- Global companies: Women and entrepreneurs with disabilities
- U.S. companies: Underrepresented minorities (African Americans, Hispanics, and Native Americans), members of the LGBTQ community and/or U.S. military veterans
We are open to investments from all regions.
Every Intel Capital investor around the world is expected to bring forward diverse candidates for potential investment.
All of Intel Capital’s potential investments are be judged both by anticipated financial return and by strategic fit with Intel’s global technology ecosystem. Potential Diversity Initiative investments are screened by the same Intel Capital committee as other investments; our goal is to widen the funnel, not lower the bar.
We are a stage-agnostic investor, working with companies of virtually every size.
Funded companies gain access to Intel Capital’s industry leading business development programs, global network, technology expertise, and brand capital.
Without employees of diverse backgrounds and problem-solving skills, companies are ill- equipped to address the needs of the market. Diverse teams and companies create more opportunities for innovation, creativity, and strategic thinking. Unconscious bias – when people seek out people and ideas that are similar to their own – hinders decision-making and leadership.
Startups that have more women in senior positions are more successful than those that do not, according to several studies. And private firms led by women achieve a 35 percent greater return on investment. Meanwhile, the United States is expected to reach minority- majority status by 2043; that means the economy of tomorrow is likely to be driven by women and underrepresented minorities.
“The greater the number of diverse investors and entrepreneurs at the table, the greater capacity we have as a nation to innovate and bring the best ideas to bear.”