Less than 1% of American venture capital backed founders are Black and the percentage of Black people in decision making roles within the venture capital arena is not much higher. This lack of diversity within investment firms ultimately translates to a lack of diversity in the companies that they invest in.
The good news is that there are a growing number of investment firms run by people of color who understand that Black founders present a large and untapped market. These investors make it a point to include Black startups in their portfolio, and in some cases, focus solely on underrepresented entrepreneurs.
Black Owned Venture Capital, Private Equity & Angel Investment Firms
Originally posted at: https://shoppeblack.us/2018/02/venture-capital/
Cross Culture Ventures (Culver City, CA) invests in and develops companies that fuel shifts in cultural trends and behaviors within an increasingly diverse global marketplace.