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Diversity & Inclusion

Headspace Health is acquiring Shine, a mental health and wellness app dedicated to providing an inclusive mental health experience for the BIPOC community. Founded in 2016, Shine has more than 45,000 paid subscribers and has reached over six million people by offering self-guided content. It also offers daily mediations, self-care courses, personalized support, and virtual workshops hosted by third-party experts and its community. The financial terms of the deal were not disclosed. Still, Headspace Health says the acquisition of the New York-based company will expand its ability to provide more

Forbes has released the world’s most influential CMOs list to recognize some of the most powerful changemakers in the marketing industry.  According to Forbes, the platform conducted a data-driven analysis to select this year’s finalists. Research insight provided by Sprinklr, and supplemental data supplied by LinkedIn, helped Forbes narrow down 50 pioneers that are actively spearheading brands and communities in the marketing sector.  The people in the list represent companies with over 8 million employees globally and have acquired over $5 trillion in market capitalization.  So, let’s meet some of

Investment banking giant, Goldman Sachs, has taken a massive step toward bridging the racial tech gap by investing $2.25 million in Black and Latinx students.  By becoming a premier sponsor of the Sponsors for Educational Opportunity (SEO) Tech Developer, the investment company will provide Black and Latinx computer majors with the skills, coaching, and experience needed to become strong candidates in the ever-evolving tech industry.  “Our goal is to ensure students have the tools they need to land top tech roles upon graduation,” said Julian Johnson, Executive Vice President, SEO. 

Businesses in the US and Canada can now self-identify as Black-owned on Tripadvisor. The world’s largest travel guidance company decided to launch the new feature after research showed that 77% of Black-owned businesses and 63% of Hispanic/Latinx-owned businesses actively use their platform.   Tripadvisor aims to use the data gathered on its users to help make accommodation providers and restaurants-owners feel safe and welcomed on the platform.  Now more than ever, it is crucial that POC-led businesses get the recognition they deserve to help amplify their voice and make their businesses

Google has announced that 60 new startups would join their Black Founders Fund, specifically designed to help support Black founders in Africa.  Since launching the program in 2021, Google has invested in 50 startups from nine African countries, creating over 500 jobs and raising over $87 million to help support underrepresented founders.  The Black Founders Fund has invested $20 million in funding to help founders across the US, Europe, Africa, and Brazil. The latest cohort will receive up to $100,000 in capital, including access to the best of Google, people, products,

VC firm, Kapor Capital, announced that it officially raised $125 million in a pre-seed funding round.  The new fund, the platform’s largest to date, has been backed by partners including Cambridge Associates, Align Impact, Ford Foundation, Bank of America, PayPal, and Twilio.  The new funding, which has been ongoing since last year, was raised by the company’s managing partners, Uriridiakoghene “Ulili” Onovakpuri and Brian Dixon, as part of Kapor Capital’s new leadership.  The Oakland-based venture capital firm founded in 2011 by Mitch Kapor and Freada Kapor has actively worked to bridge

Yesterday, JusticeText announced they had closed a $2.2 million seed funding round. The funding round led by Bloomberg Beta, True Ventures, and Reid Hoffman included investors John Legend and Michael Tubbs.  JusticeText, co-founded by Devshi Mehrotra and Leslie Jones-Dove in 2019, is a software platform that aims to help build more transparency around criminal proceedings.  The idea to develop JusticeText stemmed from a class project both Jones-Dove and Mehrotra worked on during their time at university.  After witnessing the death of Trayvon Martin, both founders felt their system would be a more proactive solution to solving

Black-owned tech platform, Colorintech, has officially announced that one of Europe’s biggest festivals is back for the third time. Colorintech, co-founded in 2016 by Dion McKenzie, Ashleigh Ainsley, and Vladimira Mesko Briestenska, was launched to help close the racial wealth gap by making the tech industry more inclusive.  The platform’s overall mission is to make Europe the most inclusive tech hub in the world – which is why the launch of its new festival couldn’t have come at a better time.  This year’s Black Tech Fest, which is the third event hosted by Colorintech,

According to Forbes, Tech accelerator program, Y Combinator, has chosen venture capitalist Garry Tan as its fourth leader in its 17-year history. In January, the Y Combinator alum is set to replace the current president, Geoff Ralston, who served in this position since 2011.  As a part of his new role, Tan is expected to step down from his role at Initalized Capital, an early stage venture capital firm he founded alongside Reddit cofounder Alexis Ohanian in 2012.  “This is a community where people’s dreams, more or less, are fulfilled

“My success as a Community Manager requires a certain level of autonomy, and that can be scary for brands,” says Mercedes in an interview with Forbes.  Streaming service Tidal was founded by Jay-Z in 2014 who has managed to build an online audience and platform that profoundly resonates with its target audience. Melanie Mercedes has been one of the most significant forces behind developing TIDAL’s social strategy and building a solid worldwide online audience.  Over the past two years, Mercedes has been actively growing the streaming services’ online presence. TIDAL has raised

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