A growing number of investment funds are focusing specifically on minority groups

A growing number of diversity-focused funds are empowering founders from non-traditional backgrounds

Photo: Harlem Capital

A growing number of investment funds are focusing specifically on minority groups

Minority groups are underrepresented at tech companies, and investment funds are trying to change that by supporting business leaders with non-traditional backgrounds (i.e. people who didn’t go to Stanford or Harvard).

Here are a few of the most noteworthy:

  • Harlem Capital Partners is a diversity-focused VC firm that’s “on a mission to change the face of entrepreneurship by investing in 1,000 diverse founders over the next 20 years.”
  • SoGal Ventures is a female-led VC firm that invests in “early stage diverse founding teams in the US and Asia.”
  • Founders First Capital Partners is a diversity-focused funding and development platform that focuses on “supporting businesses led by women, ethnic minorities, and military veterans.”
  • Ada Ventures is a diversity-focused fund that prioritizes “overlooked founders and markets.”

Even large, institutional investors are starting to invest in leaders from minority groups (The Information even publishes a “VC Diversity Index” to track the ones doing the best job).

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