Black Angel Tech Fund - aVenture Asset Manager Research
Location
Sacramento, CA, US
Founded
2015
Black Angel Tech Fund focuses on investing in early-stage technology companies led by Black entrepreneurs. The fund provides startup and early-stage capital, targeting the pre-seed, seed, and angel rounds. Their investment strategy aims to address the underrepresentation of Black founders in Silicon Valley's tech ecosystem.
The fund's portfolio includes companies like Bandwagon and PopCom. Black Angel Tech Fund's leadership team features Mark Thaiya as Managing Member and Ken Grimes as Managing Director. They emphasize leveraging national Black wealth and expertise to support and nurture the next generation of Black tech innovators, positioning themselves as a catalyst for change in the tech industry.
Black Angel Tech Fund - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies3
Current Portfolio Count3
Top Investment Stages
Angel1 (33.3%)
Pre-Seed1 (33.3%)
Seed1 (33.3%)
Stage Mix
Angel 33%Pre-Seed 33%Seed 33%
Concentration shown as share of disclosed investments by stage.