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

Photo: Harlem Capital

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).