We back side hustlers turning the AI labor shift into generational wealth.

Five forces converging at once. Latine founders at the center of it all.

90%Drop in AI prototype cost in 12 months. $500K to build is now under $50K.
550,000Tech layoffs, 2024 to 2026. Domain experts are free and already building.
+44%Latine business formation vs. +4% nationally.
0.6%of early-stage VC deals reached Latine founders in 2025, down from 2.6%.
28–42Peak founding age, with the largest college-educated Latine cohort inside it.
Formation and capital: LBAN & Stanford GSB, 11th Annual State of Latino Entrepreneurship, March 2026.

Five million dollars, deployed nearly nine times over.

This pool funds the pilot's initial cohort of 30+ founders. The same money, recovering against income, keeps going long after the 24-month pilot ends.

30+funded by the pilot's initial
deployment of $3.1M
413more founders reached over the fund's
10-year life as that capital recycles
Modeled base case, $5M model (9.13.26). Projections, not realized performance.
Capital returns. Next founder. 1 Donors give 2 DAF invests 3 Founder builds 4 Commitment activates 5 Capital recycles

Each dollar is designed to fund more than one founder.

  1. 01Donors and foundations give to a partnered donor-advised fund.
  2. 02The DAF sponsor invests in a founder through a Recoverable SAFE, $25K to $100K per founder.
  3. 03The founder builds, with mentors and follow-on investors from FounderFamilia, AngelFamilia and VCFamilia.
  4. 04Once their income clears an agreed floor, the founder shares 10% of it until a set cap is reached.
  5. 05That money goes back into the DAF and funds the next founder.

Back one founder, and a thousand people show up.

FamiliaFund sits inside LaFamilia Foundation, a community of 1,000+ founders, operators, angels and investors across FounderFamilia, VCFamilia and AngelFamilia.

When a founder needs advice, a warm intro or qualified leads, that request goes to a thousand vetted members who know them like familia. Every founder we back then refers the next one, so the network gets stronger with each check.

1,000+network members
2021community founded
9city chapters, and growing
Cheryl Campos
Cheryl CamposCo-GP, FamiliaFundCofounder and CEO of LaFamilia Foundation. Previously Head of Venture Growth and Partnerships at Republic, employee #10 through unicorn. Lightspeed Scout. Harvard BA, Stanford GSB MBA.
Magda Guillén Swanson
Magda Guillén SwansonCo-GP, FamiliaFundFund structure, legal ops and philanthropic capital. 15+ years across private equity, venture and philanthropic finance. Former Innovation Lead at Vanguard Charitable. Harvard BA, LSE MSc.

Three pieces that make the loop work.

The Recoverable SAFE

Part income share, part SAFE. Founders keep most of their company. The fund keeps a small stake so it shares in the upside when a company takes off.

The Partnered DAF

A third-party DAF sponsor holds the money and is the investor of record. Returned capital goes back in, so a gift gets used again instead of once.

AI Impact Reporting

Founders send a quick WhatsApp voice note in English or Spanish. We turn that into IRIS+ and SDG metrics, with a goal of 60% less reporting time.

What a founder agrees to, in plain language.

The Recoverable SAFE recovers against a founder's income, not their ownership.

We built these terms with founders. They were designed around people who support family, have no inherited wealth to fall back on, and build without a safety net.

Decision time target Under 3 weeks with a clear scorecard and feedback, even if the answer is no
InvestmentUp to $100K per founder, from $25K to $100K
What comes back10% of personal income, only above an agreed floor
Cap1.5x the amount invested in the first 60 months
Hard monthsPause during low income, parental leave or hardship
GuaranteesNo personal guarantee, collateral or fixed interest
EquityA small stake that shrinks as capital returns, about 2.5% once fully returned

Illustrative. Final terms are set in the executed Recoverable SAFE and Founder Commitment Agreement.

24 months to prove the model before we scale it.

About two-thirds of the fund size goes directly to founders. The rest builds the legal, servicing and data systems that let the money recycle for years.

  1. Months 1–6Legal structure, governance and SAFE documents
  2. Month 3Core team and service providers in place
  3. Months 4–10AI reporting system and servicing live
  4. Months 6–1830+ founders funded
  5. Months 15–24Public learning report
  6. Months 16–24Early commitments for Fund 1
30+founder investments in the pilot
80%+accuracy target for AI-extracted metrics
60%less reporting time for founders, targeted
1open playbook any fund, DAF sponsor or CDFI can reuse

Help us write the first checks.

Funders Back the pilot with a grant, a recoverable grant or a program-related investment.
Founders Applications open when the pilot launches. Get on the list to hear first. Join the waitlist
Partners Accelerators, CDFIs, incubators and scouts can refer founders to the pilot. Refer a founder
For funders

Get the pilot proposal

Tell us a little about you and we'll email you a private link to the full proposal.