In honor of Black History Month, we’re taking a moment to celebrate the Black founders in our 43North family. We’re proud of their many accomplishments across the years and pleased to have these influential individuals growing their businesses within our community.
While 2020 saw U.S. companies raise nearly $150 billion in venture capital, less than one percent of that record-breaking amount went to Black-owned startups. Venture capital and the tech space need to do more to create opportunities and invest in Black-founded companies. Our hope is that 2021 marks the start to real progress by leaders in our industry to create more access, hear the pitches and write the checks, to ultimately shatter that one percent statistic once and for all.
Read on below for a spotlight of the influential Black founders among our 43North portfolio. And of course, we’d be happy to make any introductions!