100 Black Angels & Allies Fund

Overview

100 Black Angels & Allies Fund is a venture capital firm based in Atlanta, Georgia, dedicated to fostering an equitable technology ecosystem by investing in early-stage companies led by Black founders and underrepresented entrepreneurs. The firm focuses on seed and Series A investments, writing checks ranging from $1 million to $3 million across various sectors, including technology, FinTech, climate and sustainability, and SaaS. Their mission is to build a scalable and sustainable Black technology and startup ecosystem that empowers a global Diasporic engine, ensuring equitable representation in the future of work and the forthcoming fourth industrial revolution. This approach aims to decrease income inequality and the racial wealth gap, promoting shared prosperity and multi-generational wealth creation without reliance on pre-existing wealth. The fund's strategy involves aligning smart, affluent, innovative, and skilled Black and ally capital to support edge technology founders, fund managers, and ecosystem-building companies committed to racial equity. By mobilizing this capital, the firm addresses historical disparities and fosters a robust, inclusive landscape for technology. The firm's portfolio includes investments in companies such as Kanarys, Rheaply, and JTEC Energy, reflecting its commitment to supporting diverse innovation globally. Through its integrated training programs and strategic partnerships, the fund strives for lasting systemic change by enabling and funding diverse innovation, aiming to democratize access to capital and entrepreneurial success. This comprehensive approach underscores the firm's dedication to advancing equity in the 4.0 ecosystem and beyond, ensuring that Black people are equitably represented at all levels in the future of work and the startup ecosystem.

Investment Focus

• Black founders
• Underrepresented entrepreneurs
• Early-stage technology companies

Portfolio Companies