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Diana Melencio

General Partner at XRC Ventures

Los Angeles Metropolitan Area

Overview 

Diana Melencio is a General Partner and Board Member at XRC Ventures, with a background in executive management, investments, and venture capital. She has co-founded and served as COO for successful startups like QUINN and OKMYOUTFIT, and has extensive experience in growth equity investments and equity research. Diana Melencio's career highlights include her roles as a General Partner at XRC Ventures, where she leads investments in various sectors like Direct-to-Consumer and Digital Health, and her successful track record as a co-founder and COO of startups like QUINN and OKMYOUTFIT.

Work Experience 

  • General Partner

    2021 - Current

    XRC Ventures is an early-stage multi-strategy venture fund that invests at the intersection of consumer behavior and technology. Since 2016, XRC has invested in over 140 Pre-Seed through Series A startups across three distinct fund strategies - Accelerator Fund, Opportunity Fund, and Brand Capital Fund. XRC is uniquely positioned through its ecosystem, anchored by established relationships with CFOs at large consumer and retail corporations with ~$100Bn in market cap. These relationships enable the flow of asymmetric information to source, invest, and harvest innovative startups.

  • Early Stage VC

    2018 - 2020

    WISE Ventures is a venture fund focused on Seed to Series B tech-enabled opportunities across sports & entertainment, consumer, real estate, and adjacent industries. Select Investments include: Latch (SPAC IPO) | Fevo | Youi.TV (Acq'd by WarnerMedia) | Moved | Slate

WISE Ventures is an investment fund based in Manhattan .

  • Co-Founder & COO

    2015 - 2017

    QUINN, backed by well-known angel investor Jason Calacanis, XRC Labs, and Accenture, is an on-demand shopping and last-mile delivery platform for multi-brand retailers and their customers. Appeared on the Today Show, quoted in CNN, US News, The Wall Street Journal, Forbes, Glossy.co, Bustle, MarketWatch, and Monster.com.

  • Co-Founder & COO

    2013 - 2015

    OKMYOUTFIT is a mobile application that allows you to connect with a celebrity stylist. Data captured in those interactions include: demo, geo-tagging, brands, price preferences, wish list items; providing a robust data set to inform retailers on consumer purchasing trends and behavior. Featured on ABC News; The Best of Fashion Tech, Internet Week 2015.

  • Healthcare, Retail, and Consumer Investments

    2010 - 2013

    Member of 15-person investment team for top asset management firm with over $13 billion AUM. Focused on investments in the Healthcare, Retail, and Consumer space, accounting for *1B+ of portfolio.

Cramer Rosenthal McGlynn LLC. is a financial company focusing on equity management for corporations, institutions, and pension funds.

  • Growth Equity Investments

    2008 - 2009

    Lead analyst responsible for identifying trading strategy and identifying long and short opportunities and investment ideas for generalist hedge fund.

  • Equity Research, Specialty Retail

    2008 - 2008

    First Team All-American Research Team, #1 ranked research team in the Specialty Retail sector, according to the Financial Times Institutional Investor.

  • Growth Equity Group

    2006 - 2008

    Member of 13-person investment team, spin-off of Robertson Stephens investment arm, focused on high-growth companies for top asset management firm with over $12 billion AUM.

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