Endeavor Miami Selects 10 Latinx Founders for EndeavorLAB Cohort

Endeavor Miami has announced its ninth EndeavorLAB cohort, designed to support underrepresented founders in Florida in building a foundation for scale. The cohort for Latinx founders will be powered by VensureHR. The initiative leverages Endeavor’s over 20 years of knowledge and best-in-class services and tools used to support entrepreneurs worldwide.

The cohort is comprised of 10 businesses embodying the entrepreneurial spirit of Latinx founders. The companies operate in verticals such as Enterprise SaaS, Fintech, Smart Cities and Healthcare, with a significant 40% of them in the Edtech space. Over 70% of the cohort has more than five team members, and in total, the 10 companies employ a total of 92 individuals.

The founders selected for the cohort include eight serial entrepreneurs and two first-time founders, two of whom are previous Techstars participants and another who took part in Y Combinator. Collectively, the founders have raised over $6M in funding to date, with over half of them raising venture capital. The businesses are projected to generate a collective revenue of nearly $12M in 2023, with a minimum growth rate of 100% YoY, poised to make a significant impact in the Florida startup scene and beyond.

“The EndeavorLAB Latinx Founders Cohort is an incredible opportunity for Latinx entrepreneurs in Florida to gain support and access to tools and resources they need to grow their businesses,” says Claudia Duran, Managing Director of Endeavor Miami. “We’re proud to partner with VensureHR to make this cohort a reality, and we’re excited to see the impact that the founders of these ten companies will make in their industries.”

The cohort for Latinx Founders presents an opportunity for Latinx entrepreneurs to access Endeavor Miami’s world-class resources and support network. Founders will receive expert guidance, one-on-one mentorship, and knowledge on scaling up, enabling them to take their businesses to the next level. Additionally, the cohort provides an opportunity for entrepreneurs to connect and collaborate with other high-potential startups, establish relationships, and create synergies that can drive future growth.

Founders selected for the cohort will undergo five weeks of group modules and individual mentorship sessions focused on gearing up for scale. The initiative culminates with a pitch to the Endeavor community for feedback, as well as exposure and opportunities for growth through Endeavor’s multiplier effect.

“VensureHR is passionate about supporting underserved business communities and is excited to be partnering with EndeavorLAB for their Latinx cohort. Latinos are 1.7x more likely to start a business than any other racial group in the United States, yet they receive less than 1% of funds from today’s top VC and PE investors. Vensure believes partnering with Endeavor Miami can help bridge that gap by creating a diverse ecosystem for Latin business owners across Florida and connecting them to life-changing resources such as HR technology and a team of HR experts,” according to Alexandra Blaco, Sales Enablement & Engagement Specialist at VensureHR.

Here is a full list of the EndeavorLAB Cohort for Latinx Founders powered by VensureHR:

Aument: Aument, founded by Emilio Di Marco, helps e-commerce brands power their marketing messages.

Bonum Coaching: Bonum is a digital executive coaching platform that is democratizing coaching in Latin America. Bonum connects coaches from their network with employees from companies at all levels of the organization in order to help them improve their skills at affordable rates. The company offers a model for leadership development that is typically known only to those at the top of the pyramid to everyone in the organization. The co-founders are Daniel Bittner and Jose Hernandez.