New Latino media startup launches with historic $80M raise

Posted on AllSides June 15th, 2022
From The Center
Shoshana Gordon/Axios

Latina activists and entrepreneurs Jess Morales Rocketto and Stephanie Valencia have raised $80 million to launch a new Hispanic media company called the Latino Media Network.

Why it matters: It's one of the largest capital raises for a Latina-owned and operated startup in the U.S.

  • "It's pretty audacious for people like us to be doing something this big," Morales Rocketto said in an interview. "Steph and I have been raising money for a long time, but this is orders of magnitude bigger than what we've ever done."

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