The target audience for Alumni Ventures includes accredited investors, wealth managers, and financial advisors. They aim to attract individuals and institutions looking to diversify their portfolios with venture capital investments. The firm focuses on those who are part of the alumni network, creating a community-oriented approach. Additionally, they target entrepreneurs seeking funding and access to a broad network of investors, experts, and potential customers. Their programs like the Venture Fellow Program also target individuals seeking to break into the venture capital industry, offering an on-ramp to a career in VC.