Profile
HBCUvc is a private operating foundation based in the United States, focused on increasing Black professional participation in venture investing. Founded and led by Hadiyah Mujhid, the organization develops programs that prepare emerging investors and activate communities to support early-stage capital formation. Leveraging its network of Historically Black Colleges and Universities (HBCU) alumni, HBCUvc emphasizes coordinated capital deployment to address the funding gaps for Black founders.
HBCUvc concentrates its efforts on educating and engaging HBCU alumni as accredited investors in early-stage startups. It targets sectors such as venture capital and angel investing, although it doesn't manage traditional funds itself. The organization is supported by major institutions, including Target and the Chan Zuckerberg Initiative, and encourages participation from angel investors, alumni, professionals, and students through its various programmatic offerings.
Rather than listing specific portfolio companies, HBCUvc aims to build pathways into venture and angel investing for Black professionals and their communities. By doing so, it hopes to unlock the potential of roughly $50M in capital within HBCU alumni networks for impactful, early-stage investments.
Industry
HBCUVC Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
HBCU Founders Fund
|
Venture Capital (VC)
Angel investor
|
Networking
Fintech
Financial Services
Education
Consumer Services (B2C)
Business Services (B2B)
Software
|
Pre-seed
Seed
Series B
|
North America
|
$1-5 m
|
—
|
January 2023
|
Contacts
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