mong the other firms in Serena Ventures' portfolio are Parfait, Karat, and Calico. Williams told Bloomberg, "As it stands, our portfolio is 68% women or people of color, and that is unheard of in the VC world." Therefore, diversity and bringing people together are very important to me. We genuinely invest in every single person. We hear your story, regardless of how you appear. Williams claims that since she began investing, she has consistently closed additional deals and gradually increased the number of unicorns in her portfolio to sixteen.

This put her in a better position to start a fund. Williams stated, "I tried to close more deals and in the end, I had about 16 unicorns in my portfolio." "I knew it wouldn't be easy for us to raise a fund the first time around, so that way I would have a good track record."
As previously revealed by AFROTECHTM, Serena Ventures announced the establishment of its first fund in 2022 with a total of $111 million to help early-stage entrepreneurs.