VCs and Angel Investors in the minority business space

Nailah Lovell نائلة
2 min readSep 5, 2020

15 VCs Who Support Minority Business

It’s no secret that only 1% of VC-backed founders are black and minorities, many investors are racist and traditionally in the past funding was nearly an impossible task, I am proud to say things are definitely moving into a new space. With more and more angel investors and VC black and minority firms making an imprint. I’ve Listed below VCs and Investors who have been highly supportive of minorities in the past and will help keep your business afloat without feeling threatened about their own space.

1. Harlem Capital Partners

Based in New York Harlem Capital Partners takes interest in early-stage minority startups.

2. New Voices Fund

New Voices Fund focuses on investing in African American entrepreneurs, especially women.

3.Serena Ventures

Started by Serena Williams, Serena Ventures helps increase opportunities for founders who are in minority in different industries.

4. Cleo Capital

Cleo Capital is a venture capital company that is female focused.

5. Black Angel Tech Fund

Black Angel Tech Funds is owned by African American entrepreneurs. They focus on helping their community by investing in them, especially startups.

6. Project Include

Project Include is a non profit organization that helps minority startups.

7. Digital Undivided

“Go Big or Go Home,” Digital Undivided follows this motto and is deeply focused on funding tech companies found by Black and Latina women.

8. EchoVC Partners

EchoVC Partners main purpose is to invest in startups based in Sub-Saharan Africa and North America.

9. The Fearless Fund

Run by black women in Atlanta, The Fearless Fund helps creating business opportunities for women of colour.

10. DiverseCity Ventures

Targeting technology-abled countries, DiverseCity Ventures is also owned by a black woman.

11. Base Ventures

Base Ventures embraces individuality and invests in technology companies.

12. Precursor Ventures

An early-stage venture capital firm, Precursor Ventures helps business owners at early stages.

13. Hadiya Mujhid x HBCU.vc

HBCU.vc is non-profit that trains students in technological entrepreneurship and venture capital.

14. Backstage Capital

Found by a black woman, Backstage Capital invests in fresh companies.

15. Impact America Fund

Founded by Kesha Cash, Impact America Fund emphasizes on tech-enabled businesses.

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