Zeal Capital Partners has closed its second fund at $82 million, tripling its assets under management (AUM) to $186 million in just five years. The Washington, DC-based firm plans to invest the new capital in early-stage startups across fintech, healthcare, and the future of learning and work. A Broader, Stronger Investor Base Zeal’s investor base has grown significantly with this latest fund. Zeal’s limited partners now include Citi Impact Fund, M&T Bank, MassMutual, Wells Fargo, Zaffre Investments and Spelman College, according to a press release shared with POCIT. In addition
Zeal Capital Partners has announced that Stefanie Thomas-Martin has been promoted to Partner. Since joining the company in 2023, Thomas-Martin has led the Barclays Black Formation Investment (BBFI) vehicle, a $50 million pre-seed investment platform that supports Zeal Capital’s Inclusive Investing™ strategy. She also pioneered the firm’s inaugural scout program. On the Zeal Capital website, Thomas-Martin says she joined the team to “continue backing exceptional teams with a mission orientation towards delivering value for underserved communities.” Stefanie Thomas-Martin makes partner “Stefanie has consistently demonstrated a commitment to our mission and
Washington-based Zeal Capital Partners, an early-stage investment firm working to narrow the racial wealth gap, has appointed Stefanie Thomas as Managing Director. The investment firm partners with diverse management teams to further invest in financial technology and the future of work startups that heavily rely on tech to narrow the racial wealth gap. As a category-specific investment firm, Zeal focuses on education, employment pathways, financial wellness, and health equity and was founded by Nasir C. Qadree. Meet Stefanie Thomas Thomas is an early-stage impact investor with over a decade of
