Organization · Venture Capital
Chasing Rainbows
Chasing Rainbows is a venture capital organization based in New York, focused on investing in early-stage startups founded by LGBTQ+ entrepreneurs. It aims to address systemic funding disparities faced by underrepresented communities.
Overview
What Chasing Rainbows does
What Chasing Rainbows is
Chasing Rainbows is a venture capital organization based in New York, focused on investing in early-stage startups founded by LGBTQ+ entrepreneurs. It aims to address systemic funding disparities faced by underrepresented communities.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 2021
- Approximate age
- About 5 years
- Structured capabilities
- Funder
- Last reviewed
- March 30, 2026
Official channels
Find Chasing Rainbows elsewhere
Open the official website or a supported primary organization account.
Capability profile
Chasing Rainbows as a funder
Investment thesis
Chasing Rainbows invests in LGBTQ+ founded companies, addressing systemic funding challenges while leveraging the unique strengths of these founders to drive innovation and growth.
Focus narrative
Chasing Rainbows focuses on early-stage startups, investing from Pre-Seed to Series A. The organization primarily targets U.S.-based companies (80%) while also considering international opportunities (20%). It is sector-agnostic but emphasizes four key pillars: Healthcare, Sustainability, Education, and Financial Equity & Inclusion.
Value beyond capital
Chasing Rainbows offers more than just capital; it provides mentorship, strategic KPI-setting support, and introductions to a network of customers and investors. The organization also runs the first LGBTQ+ Founder Readiness Program, designed to prepare founders for the challenges of entrepreneurship.
Terms and economics
- Typical check
- $50,000–$250,000
Focus and fit
- Stages
- Pre-seed · Seed · Series A
- Sectors
- Healthcare
- Regions
- Global · United States
Availability
- Currently deploying
- Yes
Portfolio and track record
Portfolio context
Details about specific portfolio companies are not publicly available. Interested parties can request more information by contacting the organization directly.
Common questions
What to know about Chasing Rainbows
Upseed classifies Chasing Rainbows under the Venture Capital organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
March 30, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.