Founded in 2009 by three Latino entrepreneurs, Cano Health was established to offer high-quality, patient-centric primary care that reduces costs for both healthcare payers and patients and has quickly become a nationally recognized multi-state, value-based care delivery platform with an established track record of rapid and profitable growth in the $800+ billion Medicare Advantage market. As part of its care coordination, Cano Health provides sophisticated, high- touch Population Health Management Programs including patient-centric programs such as home visits, telehealth, transition of care, and high risk & complex care management. The Company partners with healthcare payers, including health plans and the federal government, under capitated contracts to manage the healthcare of primarily seniors eligible for Medicare Advantage and/or Medicaid managed care. The Company’s success is driven by a relentless focus on its guiding principle of developing lifelong bonds with members and promoting activities and care that improve physical and mental health and a business model that aligns financial incentives for Cano with clinical outcomes for patients. Cano Health is publicly traded on the NYSE under the ticker symbol “CANO.” Mr. Morales serves as a Board Director, as the Chair of the Audit Committee and as a member of the Compensation Committee.
Founded by an Afro-Latina health equity innovator born and raised in the Bronx, Radical Health works at the intersection of community health and tech. The Company combines meaningful conversations with AI enabled tech to help people understand their health care rights and develop self-advocacy. Radical Health uses indigenous restorative circle practice to create space for a new kind of dialogue between clinicians / healthcare providers, researchers, service providers, and community members.
Ease is a Latino-founded digital health commerce platform that helps clinicians to start, manage and grow tech-enabled private practices. The Company offers a turn-key solution that helps therapists, dentists, physicians, and optometrists automate their entire private practice formation process from end-to-end. Ease’s infrastructure provides everything a clinician needs to form a new business, including digital health storefronts with custom themes and back office management tools like scheduling, video conferencing, banking, payroll, and bookkeeping. Ease was a recipient of a Google for Startups Latino Founders Fund grant.
Established in 2006 by a Latino family, UniVista delivers industry leading insurance products and services in dynamic and innovative ways, leveraging technology, data and analytics to foster customer loyalty, employee professional growth and community recognition. The Company sells insurance products across auto, home, commercial, property, life, health and annuity, predominately to the Hispanic community in Florida. UniVista operates under both a franchisor and a corporate model, totaling more than 130 franchises, 10 corporate stores and a large corporate call center, employing over 230 individuals. Family-owned and independently operated since inception, UniVista partnered with Avance Investment Management, a Latino-founded investment firm, in July 2021 to expand its suite of offerings and franchises in Florida and across the U.S. through M&A as well as organic growth initiatives. Mr. Morales serves as a member of the Board of Directors.
Snowball Wealth is a Latina-founded financial technology company working to empower people to make financial progress. Snowball Wealth is a community-first platform that moves college grads from debt → wealth. The vision is to create the most affordable and impactful money advisor for the debt-to-wealth journey. Snowball Wealth provides analysis, option comparisons and detailed calculations, supporting each user to make the choices that work best for her lifestyle via personalized goals and recommendations. Snowball was a recipient of a Google for Startups Latino Founders Fund grant.
Zoe Financial is a Latino-founded, digital marketplace that empowers consumers to find and hire vetted financial advisors. Zoe’s modern wealth planning platform allows users to work with the top 5% of financial advisors in the country. After only three years of operation, the Company surpassed the $1 billion mark in assets under administration. Using innovative technology and exceptional client service, Zoe provides a tailored and convenient wealth creation opportunity. The Company’s Series A was led by Softbank and its investor base includes executives at JP Morgan, Blackrock, Charles Schwab, Uber and DoorDash.
Sakara Life is a woman-founded plant-based home delivery food service company. The Company designs programs that are based on a whole-food, plant-rich diet that includes fresh, nutrient-dense, and delicious ingredients. Sakara is the first organic meal delivery company to offer nutritionally designed meals focused on microbiome health. The company uses local ingredients and “superfoods” from around the world to create fresh, ready-to-eat meals that are delivered to its users’ homes. Sakara’s nutrition program makes plant-based eating delicious and effortless, and by helping all people – not just vegans – include more plant foods in their diets, Sakara is accelerating the world’s transition to sustainable eating.
Carson Life is a Latina-founded natural health and beauty products company focused on the Latina market. Carson Life’s products include offerings in the hair care, weight loss, skin care, vitamins and rejuvenation categories. Carson Life has exclusive endorsement deals with well-known Latina celebrities and its products are currently sold in over 3,000 stores through a variety of retailers in the United States and Puerto Rico including Walmart, Walgreens, H-E-B and CVS as well as online through Walmart.com, Amazon and the Company’s own website, among others.
Erenzia Beauty is a Latina-founded beauty products company serving the Latina market through its own website as well as an affiliate business model. The brand embodies mission and purpose, and aims to celebrate the Latina woman. The Company uses only nourishing, essential ingredients, its formulas are certified vegan, and it proudly manufactures exclusively in the United States. The Company’s purpose extends to empowering women through financial education and mentorship and it has partnered with the Qualitas of Life Foundation to help improve financial wellness among Latino families and support wealth creation in the Latino community.
Encantos is a Latino and Latina-founded, entertainment-driven education technology company whose products make use of innovative design and technology to actively entertain and engage kids in their blended learning journey. The Company is building a data-driven system that brings personalized learning to kids 12 and under. Encantos provides users a curriculum of 21st century skills, delivered through proven learner-centric, play-based systems that combine digital and physical products. The Company has a purpose-led and culture-inspired approach to building family entertainment and education brands for today’s multicultural world. Its beloved character-led stories are diverse, engaging & fun.
Innovare was founded in 2017 by two Latinos and a Black entrepreneur who left their jobs at Chicago Public Schools, the Gates Foundation, and Google respectively to help education and social impact leaders succeed. The Company empowers leaders of organizations in the education ecosystem with the technology, support, and community of peers they need to achieve a positive and sustainable impact on our society through education. Innovare disrupts the status quo with cutting-edge analytics and strategic planning technology, expert support rooted in continuous improvement, and through fostering collaboration among leaders in education and other social impact-focused organizations. Innovare is a member of Google for Startups Accelerator Black Founders Class of 2022
Words Liive, founded by a Black entrepreneur, is a platform that automates the integration of music into reading and writing assignments. The Company’s patented algorithm allows teachers to find popular songs that have similar structures as texts in their curriculum. The addition of soundtracks to literature has proven to inspire students to learn and deepen their engagement. Words Liive’s tools aim to bring students to grade level proficiency and beyond and support teachers in the instruction of English Language Arts, History, Civics and Social Studies.
Answerbite, founded by a Latino, is a software company that facilitates the creation, collection and sharing of video messages. Partnered with Google, Amazon and Apple, among others, the Company drives internal and external engagement by creating video “bites” that are tailored for either employees or customers across various digital marketing channels. Answerbite was a recipient of a Google for Startups Latino Founders Fund grant.
Dragonboat, founded by an Asian woman, is a product portfolio management platform that allows outcome-focused management teams to strategize, prioritize and deliver their industry-leading products. Using the platform, product teams can connect objectives with initiatives and build data-driven roadmaps, ensuring that they remain competitive. Act One Ventures led Dragonboat’s seed funding round and participated in its Series A.
Morales Capital selectively invests as a Limited Partner in Latino-founded venture capital and growth equity funds that have demonstrated a commitment to invest in diverse founders.
Act One Ventures is a Latino-founded, community focused, early-stage venture capital firm leading pre-seed and seed rounds in ecommerce infrastructure, vertical Software as a Service, and financial technology companies. Over 70% of the firm’s portfolio companies are led by women and members of under-represented groups. Act One led the creation of the Diversity Rider, enabling better access to venture deals for diverse investors.
Clerisy is a Latina-founded, growth equity fund focused on investing in tech-enabled consumer products companies. The firm targets companies that understand the needs, preferences and problems of the consumers they are focused on serving. Clerisy provides access to capital and expertise and experience in scaling businesses to promising, innovative consumer companies.