Black Founders Matter

Overview

Black Founders Matter is a $10 million seed-stage venture fund dedicated to supporting Black-led startups throughout the United States. The fund focuses on investing in innovative and scalable ventures led by Black entrepreneurs, aiming to diversify the entrepreneurial landscape and foster economic growth within underserved communities. By providing capital and strategic guidance, Black Founders Matter seeks to empower Black founders to build successful businesses that address the needs of diverse consumers and communities. The fund maintains an industry-agnostic approach, evaluating companies across various sectors to maximize diversification and impact. Investments typically range from $50,000 to $150,000, targeting companies at the Series Seed to Series A stages. Black Founders Matter reserves half of its capital for follow-on funding, ensuring continued support for portfolio companies as they scale. Beyond financial investment, the fund collaborates with industry-specific lead firms to provide portfolio companies with the resources and expertise necessary for efficient scaling and successful exits. Black Founders Matter is committed to creating a more inclusive and innovative entrepreneurial ecosystem by championing Black founders and their ventures. Through its investments and initiatives, the fund aims to fundamentally change the face of entrepreneurship, helping diverse families and communities thrive post-acquisition. By focusing on high-potential startups led by Black entrepreneurs, Black Founders Matter contributes to the broader goal of economic empowerment and representation in the startup ecosystem.

Investment Focus

• Black-led startups
• United States-based
• Seed to Series A stage
• Innovative and scalable ventures
• Demonstrated market traction
• Capital efficiency
• Clear exit strategy

Portfolio Companies