Venture capital for underserved founders promoting stakeholder capitalism.
We utilise capitalism to build a just society, investing in diverse founders and transformative ideas. Countering intentional or hidden biases, we identify ignored talent for investment. Our thesis: talent is ubiquitous but opportunities aren't; successful future businesses will value stakeholders equally, and addressing global challenges is imperative to achieve societal equity.
"Empowering 400 underserved founders in a decade to foster generational wealth and stakeholder capitalism for an equitable society."
our customers are both our limited partners (LPs) and early-stage startup founders.
Your startup could solve inequality in access to venture capital, lack of support for underserved founders, and the pressing need for businesses that prioritize stakeholder value over mere shareholder profits. By investing funds and resources strategically, you're aiding in creating a more equitable entrepreneurial landscape.
only about 1.87% of all venture capital dollars has historically been invested in diverse founders, and despite evidence that stakeholder focused companies create exceptional returns compared to their shareholder focused competitors, we remain stubbornly attached to the narrative that business is only about creating value for shareholders. This shareholder myopia creates an environment where the needs of employees, suppliers, communities and even customers are subordinated to the needs of shareholders, often, to the detriment of long-term financial returns.
"The solution: A venture capital firm engaging with underserved founder communities, linked to a non-profit accelerator teaching stakeholder capitalism."
This is not applicable.
$125K initial investment, up to $250K or 25% next round. Our accelerator: a 12-week program from idea to series A.
We unlock untapped talent, fund inclusive growth, drive societal and financial returns while shaping a more equitable future.
We estimate the market size for which our solution is designed in monetary terms as follows
Is our goal in the next 3 years
My key role is CEO and Managing Partner, responsible for setting strategic direction, making major corporate decisions and funding allocation.
Joe Valis, General Partner. Eliza Graham, Chief of Staff. Content McLaughlin, CAO. Marianna Pappas, Program Director. Samantha Smith, EA.
Artemis Fund, Copper Wire Ventures, Female Founders Fund, Jane VC may also be your competitors as they too focus on investing in diverse and underrepresented founders.
Our unique approach includes a focus on the stakeholder model and aiding founders to integrate it into their business DNA. Our network of 100+ mentors, 200+ alumni, ties with universities and ecosystem support organizations significantly benefit our portfolio companies.
We are a typical model: 2% investment management fees and 20% carried interest after return of all fees and expenses to LPs.
Securing our 2nd fund close at a robust $19M, we've made strides in inclusive investing. Handpicked by NJEDA to manage their Black and Latino seed fund; We've channeled $6M into 43 diverse ventures from Fund II, over half of which are steered by Black or other underserved founders.
We are targeting returns in line with the top quartile of all micro venture funds in our vintage
We monitor both the volume and scale of investments in underrepresented founders, along with local investment figures. The individual impact created by each company is also tracked meticulously.
Our company incorporated in
Delaware
Main risks could include falling market interest in impact investing, limited high-quality deal flow from underserved founders, a portfolio company failing publicly which might affect credibility, and difficulty measuring societal impact alongside financial return.
$
We've raised over 20M in two previous funds.
We raised investments
High-profile LPs include Under Armour Founder Kevin Plank, Baltimore Ravens Owner Steve Bisciotti, ex-Treasury official Mary Miller and others.
$
50000000
Currently, we are raising investments
$
This is not applicable
Estimated pre-investment valuation of the company
