Black Founders Matter

What is Black Founders Matter?

Black Founders Matter is a $10 million venture fund that focuses on elevating black founders by providing essential investment to enable their growth and success. They operate predominately within the domains of CleanTech, A.I. (& Big Data), HealthTech (& Fitness), Gaming (& eSports), Payments, Mobility, and Nanotechnology. Their investment strategy includes Pre-Seed, Seed, Series A, and Series B funding stages.

Black Founders Matter has positioned itself to make investments in promising startups with a minimum investment limit of $50,000 and a maximum of $150,000, while the typical 'sweet spot' for their investments is around $100,000.

Through capital infusion and support, the fund aims to mitigate the existing disparities in funding for black entrepreneurs, thereby fostering diversity and innovation within the tech ecosystem. With its assets under management, they strive to create a landscape where black founders are adequately represented and have the resources they need to prosper. Their approach is encapsulated by the slogan 'We Rise By Lifting Others', highlighting their commitment to not just financial investment but also to the broader impact on community and societal levels.

Black Founders Matter's website showcases a selection of portfolio companies, indicating a history of strategic investments in ventures such as Saysh—a sneaker brand by Allyson Felix, and HUED—a healthcare platform that enhances patient-physician connections. These featured investments also reflect their commitment to supporting underrepresented founders in their efforts to break into competitive markets like footwear, apparel, and digital healthcare.