Concrete Rose Capital

Concrete Rose Capital is a venture firm that puts both money and personal networks behind founders of colour. It also backs companies that serve underrepresented consumers, and founders who show a real commitment to inclusive workplaces. Its current website appears under the Westbound name.

Services

• Early investment: backs companies ranging from data, climate and workplace analytics to conversational AI and care software.
• Founder network: gives portfolio founders access to operators and investors who act as coaches and connectors.
• Community giving: pledges half of its carried interest to groups that close opportunity gaps for underrepresented talent in America.
• Talent network: helps portfolio companies with hiring.

Customers and markets

The firm works with founders and co-founders running companies across several sectors. It says it wants to build a cycle of wealth and opportunity for people who were overlooked or excluded.

Key facts

• Community pledge: Half of carry to a community foundation
• Focus: Underrepresented founders and consumers