What does DVRGNT Ventures do?

DVRGNT Ventures is a Los Angeles-based venture capital firm that focuses on pre-seed and seed-stage investments in tech-enabled startups located in Middle America, specifically in the South, Midwest, and Mountain West regions, collectively known as "The Great 38™." Founded by B. Pagels-Minor, the firm is recognized as the world's first venture capital firm led by a transgender individual. The firm aims to address the investment gap in Middle America, which, despite being home to 67% of the U.S. population and generating over 60% of the GDP, receives only 20% of venture capital investments. DVRGNT Ventures is committed to driving economic equity and empowering founders in these underserved regions. They provide strategic investment and operational support to innovative startups while promoting sustainable community growth. Additionally, the firm publishes analyses and frameworks that explore capital behavior and its impact on long-term outcomes.