Are you a Black founder looking for venture capital (VC) funds led by Black investors?
We got you!
Our team at Beta Boom compiled our favorite Black-led venture capital funds that are actively making investments from pre-seed to Series A stages and beyond.
More Resources: Top Pre-Seed Funds | Top Funds Investing in Women | Top Black-Led Funds | Top Latinx-Led Funds | Top Angel Investors | Best Startup Accelerators | Top FinTech Seed Funds | Top Health Tech Seed Funds | Angel Investor Guide | Complete Pre-Seed Guide
Quick Tips for Getting the Most Out of This List
As a founder, you probably have way too much to do and not nearly enough time to raise capital. That’s why it’s important to work smarter, not harder.
After working with dozens of founders, we have found that the most impactful practice that you can employ to make your raise successful is focusing on those investors that are very strongly aligned with your startup. Don’t waste time reaching out to those funds with whom you have virtually no chance.
For example, if you are building a FinTech startup and are raising a Seed round, there is virtually no chance that you will get investment from an EdTech growth fund that invests in Series A and above. Don’t waste your time with investors that don’t fit what you’re doing and your stage of growth!
To help you efficiently target investors that are right for you, we have included the two main criteria—vertical focus and investment stage—that you can use to build your own target list of investors.
Good luck with your fundraise, and remember to reach out to us at Beta Boom if you’re at the pre-seed stage and based outside of Silicon Valley.
Now onto the good stuff!
The 22 Fund
The 22 Fund invests in tech-based manufacturing companies to increase their international sales (exports), creating clean, quality jobs of the future in the U.S. The fund intentionally includes women and BIPOC led firms to deliver both high ROI and social/economic impact.
Top Verticals: Hardware, Manufacturing
Stage: Series A+
Website: https://the22fund.com/
Crunchbase: https://www.crunchbase.com/organization/the-22-fund
645 Ventures
645 Ventures partners with exceptional founders at Seed and Series A to build iconic companies that scale to the growth stage and beyond.
Top Verticals: SaaS, Infrastructure and Security, Consumer Tech
Stage: Seed, Series A
Website: www.645ventures.com
Crunchbase: https://www.crunchbase.com/organization/645-ventures
1863 Fund
A fund dedicated to New Majority entrepreneurs.
Top Verticals: All – Sector Agnostic
Stage: Revenue-generating, Revenue-based financing
Website: https://www.1863ventures.net/
Crunchbase: https://www.crunchbase.com/organization/1863-ventures
Accion Venture Lab
Venture Lab is an investment initiative that drives financial inclusion globally. We invest capital in and provide support to innovative fintech start-ups that increase access to, improve the quality of, or reduce the cost of financial services for the underserved at scale.
Top Verticals: Impact Investing, FinTech, Financial Health
Stage: Early Stage Venture, Seed
Website: https://www.accion.org/how-we-work/invest/accion-venture-lab
Crunchbase: https://www.crunchbase.com/organization/venture-lab
AIN Ventures
AIN Ventures invests in dual-use technology and veteran-led startups. We invest in SpaceTech, CivicTech, HealthcareTech, and technologies addressing sustainability, disasters and defense.
Top Verticals: SpaceTech, HealthTech, GovTech
Stage: Seed
Website: https://www.ainventures.com/
Crunchbase: https://www.crunchbase.com/organization/academy-investor-network
Aperture Venture Capital
Aperture Venture Capital is VC for the Multicultural Mainstream that invests in Black, Latino and female founders.
Top Verticals: Unknown
Stage: Seed
Website: https://aperturevc.com/
Crunchbase: https://www.crunchbase.com/organization/aperture-venture-capital
Authentic Ventures
Authentic Ventures (AV) is a seed and early-stage Venture Capital Firm that believes that a strong, inclusive network of founders, operators and investors can accomplish great things. They have a particular interest in women and minority founders that are solving hard problems. They use their diverse network of talent to help their companies and each other succeed.
Top Verticals: FinTech, Software, Travel, Education, Health Care
Stage: Pre-Seed, Seed, Series A+
Website: http://www.authentic-ventures.com/
Crunchbase: https://www.crunchbase.com/organization/authentic-ventures-2
Backstage Capital
Backstage Capital is a venture capital fund that invests in new companies led by underrepresented founders.
Top Verticals: Health Care, e-Commerce, Software
Stage: Pre-Seed, Seed, Series A+
Website: https://backstagecapital.com/
Crunchbase: https://www.crunchbase.com/organization/backstage-capital
BASE
Base Ventures is a company investing in seed-stage technology companies.
Top Verticals: SaaS, FinTech, Ecommerce, Travel
Stage: Pre-Seed, Seed, Series A
Website: http://base.ventures/
Crunchbase: https://www.crunchbase.com/organization/base-vc
Base10 Partners
Base10 is an early-stage venture capital firm investing in the automation of the real economy. They bring automation to traditional sectors of the economy. We are a technology investment firm investing in Founders who solve problems for the 99%.
Top Verticals: SaaS, FinTech, Ecommerce
Stage: Seed, Series A+
Website: https://base10.vc/
Crunchbase: https://www.crunchbase.com/organization/base10-partners
Basecamp Fund
Basecamp is an early-stage venture capital fund that invests across categories and geographies at the pre-seed and seed stages.
Top Verticals: AI/ML, Digital Health, Wellbeing
Stage: Pre-Seed, Seed
Website: https://www.avgbasecamp.com/
Crunchbase: https://www.crunchbase.com/organization/basecamp-fund
BETA BOOM
Beta Boom invests in pre-seed software startups building the future for women and multiracial consumers with a particular emphasis on FinTech, Digital Health, EdTech and Consumer Internet. Beta Boom focuses on exceptional founders from diverse life, educational, and professional backgrounds and based in rising tech hubs across the U.S.
Top Verticals: FinTech, Digital Health, EdTech, SMB SaaS
Stage: Pre-Seed
Website: https://betaboom.com/
Crunchbase: https://www.crunchbase.com/organization/beta-boom
Black Founders Matter
Black Founders Matter is a $10-million seed-stage investment fund. We invest in Black Founders who lead ventures that are registered and headquartered in the United States.
Top Verticals: e-Commerce, Health Care, Mobile Game
Stage: Seed, Series A
Website: https://www.blackfoundersmatter.org/
Crunchbase: https://www.crunchbase.com/organization/black-founders-matter
Black Girl Ventures
Our mission is to provide Black/Brown woman-identifying founders with access to community, capital, and capacity building in order to meet business milestones that lead to economic advancement through entrepreneurship.
Top Verticals: FinTech, Digital Health, enterprise software, and consumer experiences
Stage: Accelerator
Website: https://www.blackgirlventures.org/
Crunchbase: https://www.crunchbase.com/organization/black-girl-ventures
Black Innovation Capital
Based in Canada, Black Innovation Capital was built on the success of Dream Maker Ventures, with the objective of investing in promising black founders in the technology space.
Top Verticals: Sector Agnostic
Stage: Pre-Seed, Seed
Website: https://www.blackinnovation.capital/
Crunchbase: None
Black Operator Ventures
Black Ops is a seed-stage venture fund backing outstanding Black founders.
Top Verticals: Sector Agnostic
Stage: Seed
Website: https://www.blackopsvc.com/
Crunchbase: https://www.crunchbase.com/organization/black-ops-ventures
Black Star Fund
Black Star Fund is an early-stage innovation fund that invests in innovators.
Top Verticals: Healthcare, Food and Beverage, E-Commerce, Consumer
Stage: Pre-Seed, Seed, Series A
Website: https://blackstar.fund/
Crunchbase: https://www.crunchbase.com/organization/black-star-fund
Black Tech Nation Ventures
Black Tech Nation Ventures is a seed-stage venture fund backing Black and other diverse founders focused on SaaS, marketplace, and blockchain business models in fintech, edtech, healthtech, and enterprise markets.
Top Verticals: Marketplaces, Blockchain, FinTech, EdTech, Health Care
Stage: Seed
Website: http://btn.vc/
Crunchbase: None
Brown Venture Group
Brown Venture Group, LLC is a venture capital firm exclusively for Black, Latino and Indigenous technology startups. Our target audience is Black, Latino & Indigenous Tech Inventors looking to create Startups in emerging technologies.
Top Verticals: Unknown
Stage: Seed
Website: https://brownventuregroup.com/
Crunchbase: https://www.crunchbase.com/organization/brown-venture-group
Cake Ventures
Cake Ventures is an investment firm that invests in companies that address the needs of a world undergoing massive demographic changes.
Top Verticals: Aging, Longevity
Stage: Seed
Website: https://cake.vc/
Crunchbase: https://www.crunchbase.com/organization/cake-ventures
Camelback Ventures
Camelback Ventures increases access to opportunities for entrepreneurs of color and women by investing in their ventures and leadership while advocating for fairness in their funding.
Top Verticals: EdTech, Conscious Tech, Local Economies
Stage: Accelerator, Early Stage Venture
Website: https://www.camelbackventures.org/
Crunchbase: https://www.crunchbase.com/organization/camelback-ventures
Capitalize VC
Capitalize VC is a Chicago-based firm that is shifting the paradigm of venture capital. The firm invests in Black and LatinX pre-seed and seed stage founders. Capitalize VC couples potential long-term returns with a unique opportunity to distribute early liquidity to those LPs who seek faster returns, reducing barriers that keep many diverse LPs from investing in and building wealth from VC.
Top Verticals: FinTech, AdTech, Future of Work, CPG
Stage: Pre-seed, Seed
Website: https://capitalizevc.com
Crunchbase: https://www.crunchbase.com/organization/capitalize-vc
Celesta Capital
Celesta Capital specializes in supporting bold founders within deep tech–the technological engine that powers our modern world.
Top Verticals: AI/ML, Semiconductor, Hardware
Stage: Series A+
Website: https://www.celesta.vc/
Crunchbase: https://www.crunchbase.com/organization/wrvi-capital
Cleo Capital
Cleo Capital is a thesis-driven fund focused on 3 key areas: The Future of Income, Complicated Consumer, and Decentralized Enterprise. We primarily lead rounds at Seed, working with amazing founders from day zero.
Top Verticals: CleanTech, Software, EdTech/Education, InsurTech
Stage: Seed, Series A+
Website: https://www.cleocap.com/
Crunchbase: https://www.crunchbase.com/organization/cleo-capital
Cleveland Avenue
Investing in restaurant, food tech and beverage companies.
Top Verticals: Consumer Goods, Food and Beverage, Retail Technology
Stage: Early Stage Venture, Seed, Series A+
Website: https://www.clevelandavenue.com/
Crunchbase: https://www.crunchbase.com/organization/cleveland-avenue
Collab Capital
Collab Capital was built to invest financial, human, and network capital to effectively support, grow, and sustain Black-owned innovative businesses.
Top Verticals: e-Commerce, EdTech, Health and Wellness
Stage: Early Stage Venture, Revenue Based Financing
Website: https://collab.capital/
Crunchbase: https://www.crunchbase.com/organization/collab-capital
Concrete Rose
Concrete Rose invest in startups led by underrepresented founders of color and founders addressing the needs of underrepresented consumers of color, and founders with a demonstrated commitment to creating inclusive cultures and building diverse teams.
Top Verticals: FinTech, Health
Stage: Pre-Seed, Seed, Series A
Website: https://concreterosecapital.com/
Crunchbase: https://www.crunchbase.com/organization/concrete-rose-capital
Connectivity Ventures Fund
Connectivity Ventures Fund is an early-stage fund helping extraordinary founders build exceptional companies.
Top Verticals: FinTech, Software, EdTech
Stage: Early Stage Venture
Website: https://www.connectivity.vc/
Crunchbase: https://www.crunchbase.com/organization/connectivity-capital
Debut Capital
Debut Capital invests in Black, Latinx, and Indigenous founders creating influential businesses that will shape our future into the revolutionary world it’s meant to be.
Top Verticals: Sector Agnostic
Stage: Pre-Seed, Seed
Website: https://debutcapital.com/
Crunchbase: https://www.crunchbase.com/organization/debut-capital
Devland
Devland is a startup studio and fund that builds new innovative ventures with wildly underestimated entrepreneurs.
Top Verticals: Industry 4.0 (AI, ML, Web Infra 3.0), Deeptech, Advanced Data Systems, Mobility, Robotics, SaaS (Fintech and Manufacturing)
Stage: Pre-Seed, Seed, Series A
Website: https://www.devland.us
Crunchbase: https://www.crunchbase.com/organization/devland
DigitalUndivided
DigitalUndivided fosters economic growth through the empowerment of women of color entrepreneurs.
Top Verticals: Digital innovation and/or tech-enabled business
Stage: Early Stage Venture
Website: https://www.digitalundivided.com/
Crunchbase: https://www.crunchbase.com/organization/digitalundivided
EchoVC Partners
ECHOVC is a technology-focused early-stage VC firm based in Nigeria and focused on unapologetically investing in underrepresented founders and underserved markets.
Top Verticals: AgTech, FinTech, Health Care, Education, Enabling Tech, CleanTech, Covid-19 Innovation
Stage: Seed Stage to Series A/B
Website: https://www.echovc.com/
Crunchbase: https://www.crunchbase.com/organization/echovc-partners
E2JDJ
E²JDJ is an early-stage venture firm investing globally in food and agriculture technology and science.
Top Verticals: FoodTech, AgTech, Synthetic Biology
Stage: Seed, Series A
Website: www.e2jdj.com
Crunchbase: https://www.crunchbase.com/organization/e%C2%B2jdj
Elevate Capital
Elevate Capital is a seed and early-stage investment firm and investing in underrepresented founders across the U.S.
Top Verticals: Health Care, Software, SaaS, Lifestyle
Stage: Seed, Series A
Website: https://elevate.vc/
Crunchbase: https://www.crunchbase.com/organization/elevate-capital
Exposition Ventures
Exposition Ventures invests in entrepreneurs who are at the early stages of building and scaling hardware and software companies that enable the digital transformation of the infrastructure of doing business.
Top Verticals: 3D Printing, AI/ML, Robotics, Blockchain, Big Data
Stage: Seed, Series A
Website: https://exposition.ventures/
Crunchbase: https://www.crunchbase.com/organization/exposition-ventures
Fearless Fund
Fearless Fund invests in women of color-led businesses seeking pre-seed, seed level or series A financing. Our mission is to bridge the gap in venture capital funding for women of color founders building scalable, growth aggressive companies. Fearless Fund is built by women of color for women of color.
Top Verticals: e-Commerce/Retail, FinTech
Stage: Pre-seed, Seed, Series A
Website: https://www.fearless.fund/
Crunchbase: https://www.crunchbase.com/organization/fearless-fund
Fifth Star Funds
Our mission is to invest “Friends & Family” capital into Black-led tech startups headquartered in Chicago. Anyone can donate to the fund and 100% of all returns are reinvested into the fund. We employ an objective process to evaluate founders and seek to remove the systemic biases that often exist in the venture landscape.
Top Verticals: Sector Agnostic
Stage: Pre-seed
Website: https://www.fifthstarfunds.com/
Crunchbase: https://www.crunchbase.com/organization/fifth-star-funds
Founders First Capital Partners
Founders First Capital Partners is building a comprehensive ecosystem through its proprietary platform to empower underrepresented founders to become leading premium wage job creators within their communities.
Top Verticals: SaaS, B2B Service Related Businesses, Manufacturing
Stage: Post-Revenue, Revenue Based Financing, Debt
Website: https://foundersfirstcapitalpartners.com/
Crunchbase: https://www.crunchbase.com/organization/founders-first-capital
Gateway Capital Partners
Gateway Capital Partners is a venture capital firm that aims to be the first venture capital dollar into primarily pre-revenue startups.
Top Verticals: Unknown
Stage: Pre-Seed
Website: https://gwaycapital.com/
Crunchbase: https://www.crunchbase.com/organization/gateway-capital-partners
GingerBread Capital
GingerBread Capital invests in the next generation of women founders and entrepreneurs leading high-growth businesses. It helps women-led businesses gain access to the knowledge, networks, and capital they need to build and scale successful enterprises, and it encourages other women to do the same.
Top Verticals: EdTech, Healthcare, Wellness, Ecommerce
Stage: Seed, Series A+
Website: https://gingerbreadcap.com/
Crunchbase: https://www.crunchbase.com/organization/gingerbread-capital-2
GV
GV provides venture capital funding to bold new companies. Across the fields of life science, enterprise technology, consumer products and services, and frontier technology, GV’s portfolio companies aim to improve lives and transform industries. GV’s team of world-class engineers, designers, physicians, scientists, marketers, and investors work together to provide startups exceptional support.
Top Verticals: Consumer, Enterprise, Life Science, Frontier Tech
Stage: Early Stage Venture, Late Stage Venture, Seed
Website: https://www.gv.com/
Crunchbase: https://www.crunchbase.com/organization/google-ventures
Harlem Capital
Harlem Capital is a venture capital firm on a mission to change the face of entrepreneurship by investing in 1,000 diverse founders over 20 years.
Top Verticals: Software, e-Commerce, FinTech, Health Care
Stage: Seed, Series A+
Website: https://harlem.capital/
Crunchbase: https://www.crunchbase.com/organization/harlem-capital-partners
High Street Equity Partners
An early-stage venture and private equity firm investing in post-revenue companies, focused on underrepresented founders and geographies.
Top Verticals: Unknown
Stage: Unknown
Website: https://www.highstreetequity.com/
Crunchbase: https://www.crunchbase.com/organization/high-street-equity-partners
Impact America Fund
Impact America Fund is an investment company that funds market opportunities which use technology to enhance lives.
Top Verticals: FinTech, EdTech, Healthcare, Ecommerce
Stage: Seed, Series A
Website: http://www.impactamericafund.com/
Crunchbase: https://www.crunchbase.com/organization/impact-america-fund
Kapor Capital
Kapor Capital invests in tech-driven early-stage companies committed to closing gaps of access, opportunity or outcome for low-income communities and/or communities of color in the United States. We are particularly interested in those that address gaps of disproportionate relevance to African-Americans and Latinx communities.
Top Verticals: Education, Finance, Justice, Food, Health
Stage: Pre-Seed, Seed, Series A
Website: http://www.kaporcapital.com/
Crunchbase: https://www.crunchbase.com/organization/kapor-capital
Kindred Ventures
Supporting world-changing startups and the kindred spirits who create them.
Top Verticals: Blockchain, Crypto, FinTech, E-Commerce, Market Places
Stage: Pre-Seed, Seed, Series A+
Website: https://kindredventures.com/
Crunchbase: https://www.crunchbase.com/organization/kindred-ventures-2
Lightship Capital
Lightship is the new impact venture capital fund focused on technology-driven startups founded/led by underrepresented professionals.
Top Verticals: Health, Software, AI
Stage: Early Stage Venture, Seed
Website: https://www.lightship.capital/
Crunchbase: https://www.crunchbase.com/organization/lightship-capital
Lockstep Ventures
The mission of Lockstep Ventures is to address issues that perpetuate racial inequality in the U.S. through venture capital.
Top Verticals: Supply Chain, Transportation
Stage: Seed
Website: https://www.lockstepventures.com/
Crunchbase: https://www.crunchbase.com/organization/lockstep-ventures
LongJump
LongJump is a first-check, founder-led fund, based in Chicago, designed to invest in the next generation of founders. We provide capital, connections, and community to help founders take the leap towards building fast-growing, scalable businesses.
Top Verticals: Unknown
Stage: Pre-Seed, Seed
Website: https://longjump.vc/
Crunchbase: https://www.crunchbase.com/organization/longjump-bb42
MaC Venture Capital
MaC Venture Capital is an early-stage venture capital firm focused on finding ideas, technology, and products that can become infectious.
Top Verticals: Digital Media, Software, EdTech
Stage: Early Stage Venture, Seed, Venture
Website: https://macventurecapital.com/
Crunchbase: https://www.crunchbase.com/organization/mac-venture-capital
Maple VC
Maple backs founders with Canadian roots.
Top Verticals: Marketplaces, Health Tech, Community
Stage: Pre-Seed, Seed, Series A
Website: https://www.maplevc.com/
Crunchbase: https://www.crunchbase.com/organization/maple-vc
Matrix Partners
Matrix Partners works with product people from day one to help you win. They’re a team of builders who lead pre-seed through Series A rounds. Recent Matrix investments include Fivetran, Canva, Side, Afterpay, Markforged, CTRL-Labs, Oculus, Zendesk, Hubspot, Apollo GraphQL, Flock Safety, GOAT, Postmates, Acacia Communications, and Sila.
Top Verticals: Software, Mobile, FinTech, and e-Commerce
Stage: Seed, Series A+
Website: https://www.matrixpartners.com
Crunchbase: https://www.crunchbase.com/organization/matrix-partners
New Age Capital
New Age Capital is a thesis-driven seed-stage venture capital firm that invests in tech and tech-enabled startups founded and led by the best Black and Latino entrepreneurs. Their mission and vision is to create and support a world where people of all races, ethnicities, cultures, lifestyles and environments are exposed to new ideas, democratized information and boundless opportunities through the use of technology.
Top Verticals: Any technology-enabled companies
Stage: Pre-Seed, Seed
Website: https://www.newage.vc/
Crunchbase: https://www.crunchbase.com/organization/new-age-capital
New Voices Fund
New Voices Fund is a fund created to empower women of color entrepreneurs to reach their full potential.
Top Verticals: AI, Health Care, Software
Stage: Seed, Series A
Website: https://newvoicesfoundation.org/
Crunchbase: https://www.crunchbase.com/organization/new-voices-fund
NOEMIS Ventures
NOEMIS Ventures is a venture capital firm that invests in and partners with pre-seed and seed-stage companies to empower and pursue growth.
Top Verticals: FinTech, AI/ML, Marketplaces
Stage: Pre-Seed, Seed
Website: https://www.noemisventures.com/
Crunchbase: https://www.crunchbase.com/organization/noemis-ventures
OCV Partners
OCV Partners is a Los Angeles-based venture capital firm that invests in companies with differentiated technologies in compelling target markets.
Top Verticals: Healthcare Tech, Biotech, AI/ML
Stage: Series A+
Website: https://www.ocvpartners.com/
Crunchbase: https://www.crunchbase.com/organization/ocv
Overlooked Ventures
Overlooked Ventures is a venture capital firm focused on investing in early-stage companies with one or more historically ignored founders. in compelling target markets.
Top Verticals: Consumer, FinTech, Marketing Tech
Stage: Seed
Website: https://www.overlookedventures.com/
Crunchbase: https://www.crunchbase.com/organization/overlooked-ventures
Panoramic Ventures
Panoramic Ventures is a venture capital firm based in Atlanta that takes a “wider-view” approach to investing by targeting the Southeast and Midwest and placing a focus on diverse founders and university startups. Panoramic opens new doors for overlooked founders, giving more entrepreneurs access to capital to build leading tech companies.
Top Verticals: Healthcare Tech, Infrastructure Software, SaaS, Web3
Stage: Seed, Series A+
Crunchbase: https://www.crunchbase.com/organization/panoramic-ventures
Plain Sight Capital
Plain Sight Capital is a venture capital fund that invests in tech and tech-enabled startups led by underrepresented founders that can leverage technology to scale rapidly.
Top Verticals: Health Tech, Business Support Tech, and Ed-tech
Stage: Pre-Seed, Seed, Series A
Website: https://www.plainsightcapital.com/
Crunchbase: None
Precursor Ventures
Precursor Ventures invests in people over product at the earliest stage of the entrepreneurial journey. Precursor Ventures is an early-stage venture capital firm focused on pre-seed investments in the San Francisco, New York, Toronto, and Los Angeles metropolitan regions. The firm focuses on investments in B2B and B2C software applications and hardware.
Top Verticals: Healthcare, FintTech, SaaS, e-Commerce
Stage: Pre-Seed, Seed, Series A
Website: https://precursorvc.com/
Crunchbase: https://www.crunchbase.com/organization/precursor-ventures
PS27 Ventures
PS27 Ventures is a venture capital firm that funds early-stage entrepreneurs who aspire to disrupt their industries. PS27 invests in E-commerce, Software as a Service, Wellness, Fintech, and Medtech startups.
Top Verticals: FinTech, HealthTech, E-commerce, SaaS, Food and Beverage
Stage: Seed, Series A
Website: https://www.ps27ventures.com/
Crunchbase: https://www.crunchbase.com/organization/ps27-ventures
RareBreed Ventures
RareBreed Ventures is a pre-seed fund that invests in exceptional founders outside of large tech ecosystems, earlier than everyone else. Unlike other pre-seed funds, RareBreed takes a concentrated portfolio approach by writing checks of up to $250K as the first or one of the first investors.
Top Verticals: Consumer, Wellness, Medical
Stage: Pre-Seed
Website: https://rarebreed.webflow.io/
Crunchbase: https://www.crunchbase.com/organization/rarebreed-ventures
Reach Capital
Reach supports entrepreneurs that develops technology solutions for challenges across early childhood, K-12, higher education, and workforce reskilling and upskilling. They invest in early-stage tech tools, applications, content, and services to improve educational opportunities for all learners. The Fund also acts as a catalyst, inspiring and enabling traditional and non-traditional investors to provide capital to the fast-growing Ed-tech market.
Top Verticals: EdTech, Parent, SaaS
Stage: Seed, Series A+
Website: https://reachcapital.com/
Crunchbase: https://www.crunchbase.com/organization/reach-capital
Realist Ventures
Realist Ventures strategically invests in founders and ideas at the development, seed, and early stage of SaaS, technology and software companies. We invest in companies that are capital efficient with realistic valuations of progress today and in the future. Our pragmatic approach aligns both founders and investors in a trajectory for optimal returns and success.
Top Verticals: SaaS, Biotech
Stage: Seed
Crunchbase: https://www.crunchbase.com/organization/realist-ventures
Reign Ventures
Reign Ventures is an early-stage fund investing in exceptional founders building extraordinary companies.
Top Verticals: e-Commerce, Software, AI, B2B, IT
Stage: Pre-Seed, Seed, Series A
Website: https://www.reignvc.com/
Crunchbase: https://www.crunchbase.com/organization/reign-ventures
Reinventure Capital
Reinventure Capital invests growth-stage capital in companies that have the potential for both excellent financial returns and sustainable, measurable impacts.
Top Verticals: Food, Health Care, Property, FinTech
Stage: Late Stage Venture
Website: http://reinventurecapital.com/
Crunchbase: https://www.crunchbase.com/organization/reinventure-capital
Resilient Ventures
Resilient Ventures is dedicated to disrupting systemic economic injustice by expanding access to capital, networks, and opportunity to companies.
Top Verticals: Consumer, Tech & Tech-enabled companies, Health Care
Stage: Early Stage Venture
Website: https://resilientventures.org/
Crunchbase: https://www.crunchbase.com/organization/resilient-ventures
Rough Draft Ventures
Rough Draft Ventures is a student-led team that funds technology-focused university entrepreneurs in Boston, Massachusetts.
Top Verticals: Any technology-enabled companies
Stage: Seed
Website: https://www.roughdraft.vc/
Crunchbase: https://www.crunchbase.com/organization/rough-draft-ventures
Serena Ventures
Serena Ventures focuses on early-stage companies and giving them the opportunity to be heard. Serena Ventures extends relationships, encourages collaboration among portfolio companies, and expands partnership opportunities across my vast network.
Top Verticals: Healthcare, FinTech, e-Commerce
Stage: Pre-Seed, Seed, Series A
Website: https://www.serenaventures.com/
Crunchbase: https://www.crunchbase.com/organization/serena-ventures
Sixty8 Capital
Based in Indianapolis, Sixty8 Capital is a seed-stage venture capital firm focused on investing in diverse communities.
Top Verticals: Human Resources, EdTech, AI/ML
Stage: Seed
Website: https://www.sixty8.capital/
Crunchbase: https://www.crunchbase.com/organization/sixty8-capital
Slauson & Co.
Slauson & Co. is an early-stage venture capital firm. Investing with intention. Rooted in inclusion.
Top Verticals: SMB SaaS, Consumer Tech
Stage: Pre-Seed, Seed
Website: https://www.slauson.co/
Crunchbase: https://www.crunchbase.com/organization/slauson-co
SteelSky Ventures
SteelSky Ventures is an early-stage VC fund investing in Women’s Health.
Top Verticals: Health Care, Women’s Tech, Biotechnology, Medical
Stage: Seed, Series A+
Website: https://steelskyventures.com/
Crunchbase: https://www.crunchbase.com/organization/steelsky-ventures
Stellation Capital
Discovering and championing the next generation of technology founders.
Top Verticals: Unknown
Stage: Seed
Website: https://www.stellation.vc/
Crunchbase: https://www.crunchbase.com/organization/stellation-capital
Swanlaab USA Ventures
We invest in founders from all backgrounds and are committed to reserving capital for investments in minority and women founders. We invest in companies with a tight product-customer fit that expect to accelerate quickly. We call this acceleration capital (post-seed to growth).
Top Verticals: B2B Software
Stage: Seed, Series A+
Website: https://swanlaabusa.com/
Crunchbase: https://www.crunchbase.com/organization/swanlaab-usa-ventures
Unseen Capital
Investing in early-stage health companies run by underrepresented founders.
Top Verticals: Healthcare, Digital Health, Pharmaceuticals
Stage: Pre-Seed, Seed
Website: https://www.unseen.capital/
Crunchbase: https://www.crunchbase.com/organization/unseen-capital/recent_investments
Upfront Ventures
Upfront Ventures is a venture capital firm focusing on early-stage technology companies.
Top Verticals: Retail, Software, e-Commerce, Ad Tech, SaaS
Stage: Seed, Series A+
Website: https://upfront.com/
Crunchbase: https://www.crunchbase.com/organization/upfront-ventures
Vertical 404
Vertical 404 invests in early-stage Black, Latinx and Women founders who are rethinking the way we live, work and play.
Top Verticals: Health, Finance, Media
Stage: Early Stage Venture, Seed
Website:https://vertical404.com/
Crunchbase:https://www.crunchbase.com/organization/vertical404
Village Capital
Village Capital’s mission is to reinvent the system to back the entrepreneurs of the future. Our vision is a future where business builds equity and long-term prosperity.
Top Verticals: e-Commerce, FinTech, Education
Stage: Pre-Seed, Seed
Website: https://vilcap.com/
Crunchbase: https://www.crunchbase.com/organization/village-capital
Visible Hands
Visible Hands is a VC fund with a 14-week, virtual-first fellowship program that supports overlooked talent in building technology startups by providing company-building services and investments of up to $200k.
Top Verticals: Sector Agnostic
Stage: Accelerator, Pre-Seed
Website: https://www.visiblehands.vc/
Crunchbase: https://www.crunchbase.com/organization/visible-hands
WE Venture
Investing in NYC’s Women- and Minority-Founded Tech Startups.
Top Verticals: Technology or technology-enabled
Stage: From seed stage through Series A
Website: https://edc.nyc/program/we-venture
Crunchbase: https://www.crunchbase.com/organization/new-york-city-economic-development-council
Zane Venture Fund
Zane Venture Fund seeks investments in early-stage companies led by diverse teams building tech-enabled solutions.
Top Verticals: e-Commerce, Consumer, Marketplaces, Beauty
Stage: Pre-Seed, Seed
Website: https://www.zane.vc/
Crunchbase: https://www.crunchbase.com/organization/zane-venture-fund
Zeal Capital Partners
Zeal Capital Partners is a partner with exceptional diverse management teams building early-stage businesses.
Top Verticals: FinTech, Future of Work
Stage: Seed, Series A
Website: https://www.zealvc.co/
Crunchbase: https://www.crunchbase.com/organization/zeal-capital-partners
Additions or Corrections?
Our goal is to compile the most complete and up-to-date list of top Black-led venture capital funds. If you see a mistake or would like to recommend a fund that we missed, please email the author directly at sergio [at] betaboom.com. Please note that only funds with a general partner that identifies as Black or African American will be considered. Thanks!
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