People of color and other minorities

500 Startups Black and Latino Microfund

814 Mission St, 6th floor, San Francisco, California 94013, US
Investor type VC
Founded -
AUM $25 M
Location United States

Profile

500 Startups is raising a $25 million dollar microfund to make early stage investments in Black and Latino founders. This fund will invest in ~100 companies and give Black and Latino founders the access to capital, networks, and expertise that they need to grow their businesses. The United States’ shifting demographics is a clear opportunity for investment. By 2044 people of color with be the majority in the US and Black and Latino consumers currently have a combined $2.5T in purchasing power.

Industry focus

Financial Services Networking

Investment preferences

Investment Ticket

$0-1 m

Investment Horizon

3-5 years

Investment Stage

Growth

Exit Strategy

Sale to strategic investor

IPO

Region focus

North America

Contacts

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email@email.com

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email@email.com

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email@email.com

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