100 Black Angels & Allies Fund
Status
ACTIVE
Global HQ
Atlanta, United States
Countries of investment
- USA
Investment stages
- Seed
- Series A
Industries
- Fintech
- AI
- Blockchain
About
100 Black Angels & Allies: VC firm backing edge tech founders & ecosystem builders for racial equity in the 4th industrial revolution & beyond.
100 Black Angels & Allies: VC firm backing edge tech founders & ecosystem builders for racial equity in the 4th industrial revolution & beyond.
Investment Thesis
100 Black Angels & Allies Fund invests in early stage startups and fund managers committed to creating racial equity, shared prosperity, and multigenerational wealth for Black communities. The fund focuses on edge technologies in the future of work and the fourth industrial revolution. Recent investments include Rheaply, which raised $8M in February 2021. Through strategic capital and support, the fund aims to drive innovation and economic impact in underrepresented communities.
Manager's Experience
Top-tier fund specializing in early-stage technology investments within the US and Europe. Managed over 30 deals with a strong emphasis on operator-led strategies. Notable exits include several successful acquisitions and two IPOs. Recognized for its contrarian approach and extensive founder networks, driving value creation through active involvement.