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Increase our collective community impact through meaningful engagements with communities throughout Los Angeles

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Actively and continuously improve equity, diversity, and inclusion at all levels of our organizations and in our investment decisions

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Hold ourselves accountable by measuring and transparently reporting on our progress and impact on these outcomes

Accountability

PledgeLA members commit to annually measuring their company’s progress of level of community engagement, diversity, equity and inclusion. Working with our evaluation partner, Harder +Company, PledgeLA conducted the first-annual VC survey among our members (view the press release | download the full report). We collected data from our member firms who had joined the pledge as of October 2018. Based on our research, this data represents the Los Angeles VC ecosystem at a 90% confidence level. Explore the data below to learn who works in the LA venture capital industry, how VCs participate in social impact and our opportunities for future growth. PledgeLA companies will complete the survey later in 2019. See below for information about what we’re tracking.

Select Baseline VC Survey Findings | April 2019

(View the full report)

What We Track

As part of this initiative, we will hold ourselves accountable to analyzing, reporting, and improving the following metrics:

 

Community Engagement

  • Mentoring
  • Volunteering
  • Board service
  • Charitable donations
  • Offering Internship programs
  • Using a local bank
  • Providing community engagement opportunities and/or paid time off for employee community engagement
  • Giving preference to vendors owned by women or other underrepresented groups
  • Designating a portion of annual budget to local impact
  • Advising portfolio companies on maximizing local community engagement
  • Investing in Los Angeles start-ups

Diversity & Inclusion

  • Demographics of Employee & Portfolio Companies:
    • Race/Ethnicity
    • Gender
    • Age
    • Sexual orientation
    • Disability status
    • Immigration status
    • Veteran status
    • Educational attainment
    • College(s) attended
    • Socioeconomic origin
    • Job title
    • Tenure at firm
    • Salary, bonuses, promotions, and benefits
  • Code of conduct and/or mission statement on diversity and inclusion
  • Advising portfolio companies on fostering workplace diversity and inclusion

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