ABOUT
Black Capital is an early-stage fund focused on investing in black and other underrepresented founders.
MISSION
Black Capital’s mission is to build wealth for the black community by democratizing access to Venture Capital.
WHY
Currently, less than 2% of capital is invested in black founders, who have historically been overlooked by traditional VCs.
Black Capital was created with the vision to elevate communities of color to gain financial independence, build wealth, and decrease economic inequality in this country.
WHO
Kevin Johnson
is the Founder and Managing Partner at Black Capital, his responsibilities include fundraising, deal flow, deal selection, and portfolio growth.
Julian Love
is a Venture Partner, his responsibilities include marketing & branding and strategic partnerships.
FUND DETAILS
- Early Stage: Pre-Seed – Series A
- $200k average check size
- >50% of capital to be allocated to black founders
INVESTMENT CRITERIA
- Built Product with early traction
- Full-time founder with deep domain expertise
- Solving a pressing problem in a $1b+ market
- Attractive terms ($5-$25m valuation)
AREAS OF INTEREST
- US based companies
- Industry agnostic with a special interest in:
- Sports Tech
- EdTech
- GovTech
