Black Angel Tech Fund

The fund was conceived at the Stanford Black Alumni Summit in May 2015, where a panel discussion on Black tech opportunities highlighted the disconnect between abundant potential Black angel investors and a lack of funded Black tech founders. A founding board worked for a year to formalize the vehicle, launching in 2016 to address what the firm describes as the '2% problem' — the tiny fraction of venture capital reaching Black entrepreneurs.

The fund focuses on early-stage companies, specifically startup-stage ventures. Its strategy is concentrated on direct equity investments in technology companies with Black founders at the helm, aiming to capture value at the earliest phase of company building.

Deal flow originates through the fund's network of Black angel investors, alumni communities — particularly Stanford — and relationships with Black tech entrepreneurs. The fund acts as a centralized capital pool for its angel network to co-invest alongside or through, rather than relying on traditional institutional sourcing channels.

No. The firm is structured as a private equity asset manager, pooling capital from multiple Black angel investors into an early-stage venture fund. It is not a single-family office vehicle, though the precise identity of its managing members and limited partners is not publicly disclosed.

The fund invests in technology companies broadly, with an emphasis on enterprise software, fintech, digital health, and artificial intelligence. Its mandate is to back next-generation technology companies led by Black founders, without explicit sector exclusions noted publicly.

The firm's website lists a managing member and a managing director as the senior investment leaders, alongside a co-founder/senior advisor and a COO/senior advisor. The specific individuals' names are not published on the site, leaving the investment committee composition opaque to outside observers.

No AUM or deployment figure is publicly disclosed, and the firm's portfolio page does not list individual company names. The fund operates with limited public transparency regarding its scale and specific investment positions, which is not uncommon for early-stage, community-capital vehicles.