Founded in 2016 by Alejandro Guerrero and Michael Silton, Act One Ventures is a venture capital firm that prioritizes minority investments in e-commerce infrastructure, vertical SaaS, and fintech sectors. The team is composed of founders who have taken a company public and understand the process of building a business. Act One Ventures is dedicated to diversity and has adopted the Diversity Term Sheet Rider, with over 70% of its portfolio companies led by women founders and those from under-represented groups such as LGBTQ+ and people of color.