No Label Ventures

No Label Ventures backs immigrant entrepreneurs from Day 1, operating on the conviction that uprooting your life is the purest entrepreneurial act. The fund requires at least one founder to have a migration background, believing that immigration breeds uncommon advantages: the humility of starting at the bottom, the determination to learn and grow fast, and the conviction to ignore inherited labels. As Ramzi Rafih notes, immigrants account for ~50% of US and ~40% of UK unicorns — No Label exists to spot and supercharge that talent before the market catches up. The fund is sector-agnostic and typically writes the first check into a startup — often before a product or revenue exists — investing $150k–$250k per round. Beyond capital, No Label provides visa support, introductions to angels, VCs, and corporate clients (typically PE-owned enterprises), and a share of fund profits for every founder-partner. The firm then introduces portfolio companies to larger institutional investors, with alumni going on to raise from Sequoia Capital, Benchmark, Andreessen Horowitz, and other top-tier funds.