Diversity Rider

Diversity has always been a major part of Act One’s investment ethos, and we led the creation of the Diversity Rider to enable better access and change the venture landscape by bringing more diverse investors to every deal. Some of the biggest names in venture are using the rider: Greycroft, Fifth Wall, Harlem Capital, Plexo, Precursor, and dozens of others. The rider is open to anyone who invests or wants to invest in startups, whether that is through a venture fund or as an individual Diverse Check Writer.

Find out what the rider is all about and who’s using it

Learn more

How and why the rider was created | Fortune

What the rider can do for the venture industry | Inside Venture Capital

The importance of the rider | NPR Marketplace Tech

Press release announcing the rider

Finix allocated 10% of its latest funding round for Black and Latinx investors. You can too. | Finix

What your pledge means

and why it's important

If every firm commits to making this significant change in their deal-making process, the VC playing field will be more inclusive. This will also give diverse check writers (DCWs) exposure to networks they previously did not have access to, and it will benefit firms by bringing diverse thinking to the companies in which they are investing. Act One is holding itself accountable by including the Diversity Rider in every term sheet.