Equity Alliance

About Equity Alliance

Equity Alliance is an investment fund that primarily focuses on investing in exceptional venture capital fund managers and founders who are people of color and/or women. This initiative aligns with their commitment to promoting economic equity and opportunity for historically underrepresented groups. Equity Alliance's investment philosophy is centered around the belief that diversifying access to capital leads to economic progress and is crucial for achieving racial and gender economic equity. Their investment strategy combines social impact with the pursuit of superior financial returns, ensuring that the focus on equity is sustainable even beyond times of political attention to these issues. The fund targets investments across various sectors including Software, Media, FinTech, Financial Services, and Entertainment, with a particular interest in technologies that empower human potential and promote future sustainability. In terms of funding, the fund considers investments ranging from a minimum of $100,000 to a maximum of $5,000,000, with a sweet spot of around $1,500,000. Equity Alliance specializes in early-stage investments, particularly during the Seed, Series A, and Series B stages. They manage assets worth $28 million and operate with the late Richard Dick Parsons's vision as their guiding principle. Parsons was well-regarded for his leadership in corporate America and his dedication to fostering diverse talent. Equity Alliance dedicates its resources to uplift innovative ideas and entrepreneurs who reflect the diversity of society, aiming to create a more level playing field in the world of venture capital.