VCs And Angel Investors You Don’t Know, Who Want To Invest In Black, Latinx, And LGBTQ+ Founders

Frustrated by the lack of inaction by many traditional VCs, some investors are trying to change the system and close the funding gap. Here we have a list of investors who are mobilizing and deploying capital, building economic power beyond the 1%.

While not all of these VCs are 100% focused on funding underrepresented founders, they say they are inclusive and intentional about investing in founders who are women, Black, Indigenous, People of Color, LGBTQ+, over 50, and people with disabilities. 

The majority of the list, first created by Allyson Kapin, was curated to also highlight VCs who often aren’t covered by traditional media. She spoke with each of them to get confirmation on whether they truly do want to invest in diverse founders.

James McDaniel, Angel Investor

Funds: Companies run by underrepresented founders

Stage: Pre-seed

Average Check Size: $1K – $5K (micro-investments)

Funding Locale: US

Janine Sickmeyer, Angel Investor

Funds: B2B SaaS, Marketing, Creators, Mental Health    

Stage: Pre-seed    

Average Check Size: $25K – $50K    

Funding Locale: Overlooked founders anywhere

Ammar Amdani, Adapt Ventures 

Funds: Companies led by women, BIPOC, people ages 50+, and LGBTQ+; Sector Agnostic with a focus on Fintech, Enterprise, SaaS, and Consumer

Stage: Pre-seed, Seed, Series A

Average Check Size: $100K

Funding Locale: Global (US, LatAm, Europe, and MENA)

Aunnie Patton Power, Intelligent Impact

Funds: Women founders and Tech-enabled companies   

Stage: Early   

Average Check Size: ZAR ~250K    

Funding Locale: South Africa

Gesa Miczaika,  Auxxo

Funds: Women Founders, Sustainable Growth, Impact-driven Founders    

Stage: Pre-seed and Seed    

Average Check Size: €50K 

Funding Locale: EU, UK

Hema Vallabh, FIVE35 Ventures

Funds: Women focused tech-enabled businesses    

Stage: Seed and Series A

Average Check Size: Seed max $500K + Series A max $2M    

Funding Locale: Pan-African

Abbianca Makoni

Abbianca Makoni is a content executive and writer at POCIT! She has years of experience reporting on critical issues affecting diverse communities around the globe.

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