Squire, the Black-owned all-in-one barbershop management platform, has surpassed $1 billion in payments processed, according to co-founder Songe LaRon. “It took two years to reach our first $1 million, 5.5 years to $100 million, and now we surpassed $1 billion,” said LaRon. “Every dollar reflects the hard work of our team and the dedication of the barbers we serve, and I’m deeply grateful to every shop owner, barber, and team member who’s been part of this journey.” What is Squire? Founded in 2015 by Songe LaRon and Dave Salvant, the
Co-founder and CEO at Heex Technologies, Bruno Mendes Da Silva, has announced that his startup has signed a public contract with US Authorities. We previously wrote about Heex’s smart data management platform helping carmakers sift through the sea of data required to put autonomous vehicles on the road. Now, this new partnership will see the team provide their software solution to process data from Autonomous Vehicles and Mobility operators as part of the Automated Driving System program in California. The data will foster safety standards and rulemaking of autonomous vehicles
Company and executives’ mentions of DEI or sustainability during earning calls have decreased after a peak in 2022, according to data from financial research firm AlphaSense. But this DEI- and “green-hushing” doesn’t necessarily mean companies have stopped doing the work – they’re just not talking about it. Are companies still talking about DEI and sustainability? According to data from financial-research platform AlphaSense, executives at the U.S.-listed companies mentioned “environmental, social and governance,” “ESG,” “diversity, equity and inclusion,” “DEI” or “sustainability” on 575 earning calls from April 1 to June 5.
Horizon Media – reportedly the largest US media agency – has joined Burst Premium Network to create the first-ever network featuring a DEI content experience that amplifies the work and voices of local storytellers across more than 150 broadcast stations. Burst is a leading mobile video technology company aiming to transform how broadcasters, publishers, and media companies manage and monetize user-generated and controlled video content. The aim is focused on community-based DEI storytelling to amplify the work and voices of local storytellers across more than 150 broadcast stations. “We are
The Migrant Accelerator (TMA), a Germany-based, early-stage startup accelerator for founders with a migration background, including Black, Indigenous, and people of color (BIPOC), has just announced its first cohort of 10 startups. TMA aims to create a softer landing and sense of belonging for BIPOC founders who encounter discrimination on a structural and individual basis. “Migrant founders in Germany are overlooked and underfunded,” said Laila Zohaib, Stuttgart-based startup coach and investor relations manager. “Since the 1960s, migrant led-businesses have served as the backbone of the local German economy and are
Asylum seekers at the US-Mexico border are struggling with CBP One app due to several conditions, such as unreliable access to Wi-Fi and smartphone access and software bugs and glitches. Refugee advocates, however, say the problem goes deeper than that, claiming it violates the internationally recognized right to seek asylum. What is CBP One App? The CBP One app was launched in October 2020 to streamline the scheduling of immigration appointments for travelers. But in January of this year, President Joe Biden announced he intended to expand the app’s use
This Juneteenth, we want to celebrate some Black startups that have set out to uplift and support the Black community. What is Juneteenth? Juneteenth commemorates June 19, 1865, the day more than 250,000 enslaved Black people in Galveston, Texas, finally learned that slavery had been abolished – two and a half years after the signing of the Emancipation Proclamation. The first Juneteenth was observed in 1866 and has been celebrated by Black Americans ever since. It is often referred to as the country’s second independence day and became an official
The dating app for Black singles, BLK, has introduced its new Father’s Day campaign “BLK DAD ENERGY.” The campaign aims to become the epicenter of Black fatherhood. It gives single fathers a community to talk, share stories, and spread love through its digital hub. BLK DAD ENERGY includes multiple sections for members to utilize, such as “Girl Dads” for fathers who want to better their relationships with their daughters and “Dating Dads,” a segment for rebuilding Black love in one’s life. For example, ”Girl Dads” features segments and videos with
In the next few days, the U.S. Supreme Court is expected to decide whether or not colleges and universities can continue to consider race in their student admissions process, a practice known as affirmative action. The ruling results from the Students for Fair Admissions (SFFA) lawsuits against Harvard and the University of North Carolina (UNC), which saw the court have oral arguments last year. The conservative majority court appeared ready to eliminate admissions, with race being a factor in decision-making, despite being in law for almost 50 years. Many have
The Indianapolis African Quality of Life Initiative (IAAQLI) has pledged to give $300,000 in grant support for Black people in tech. As a result of this funding, tech companies such as TechPoint, InnoPower, and Sagamore Institute are now seeking companies in Indiana to provide apprenticeships in tech to low-income Black adults. The IAAQLI is funded by a $100 Million Lilly Endowment, Inc. grant to build collaborations and partnerships to elevate the quality of life of African Americans in Indianapolis. According to Building Indiana Business, the two-year pilot apprenticeship program is
