BLCK VC

BLCK VC is transforming the venture capital industry to mirror the diverse demographics of the U.S. Venture Capital is a crucial component of achieving economic equality; it is a vehicle to build wealth, develop future leaders, and strengthen communities.

Venture firms in the United States invest over $130 billion annually, however, Black investors have systematically been excluded from mobilizing this capital Today, only 3% of venture capital investors are Black; additionally, only 2% of partners–individuals that make investment decisions–at venture firms are Black

Over the past few years, there has been slow and sporadic progress within venture capital to become more inclusive BLCK VC aims to transform venture capital into an inclusive engine for change and generational wealth creation by shifting the demographics of the venture industry to mirror the diversity of this nation In the short term, we strive to double the percentage of Black investors and Black partners in venture capital to 6% and 4%, respectively, by 2024

Black investors made up less than 3% of the industry

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