HB

HBCUvc

About

Our work directs how capital is formed and distributed to expand opportunities for Black and historically excluded communities. We actively reimagine the innovation economy by developing the next generation of venture capital leaders in communities where entrepreneurs face barriers to accessing capital.

Our vision is to build a global innovation economy where Black and historically excluded innovators can boldly create, fail, invest, and thrive.

Our origins are rooted in the legacy of Historically Black Colleges and Universities (HBCUs), which forged opportunities for Black Americans in a time when our country would not. We are anchored in this intention, and similar to HBCUs, we purposefully extend our support to all overlooked communities, including but not limited to Indigenous, Latinx, LGBTQ+, and undocumented immigrants. We know that innovation lives within us–and has been untapped, underinvested, and ignored for far too long.

Similar companies

BV

Bright Ventures

We envision an inclusive economy that thrives with innovation by realizing the value and potential of each of us. Our Mission: Building the Future Together We aim to transform people, companies, and industries in order to build a more equitable and inclusive economy. We work with today’s leaders to create long term growth by integrating diverse perspectives and dismantling personal, organizational and systemic barriers to inclusion. We are creating a new class of companies by investing in the next generation of inclusive ventures We believe that an inclusive economy thrives with innovation by realizing the value and potential of each of us. We build an inclusive economy alongside companies and people like you. We believe in the possibility of a brighter future. Let’s Build The Future Together We pledge to build a brighter future. We envision an equitable, entrepreneurial future, and we come alongside diverse leaders to build that future together.

LF

Lightship Foundation

As an impact-driven organization serving remarkable entrepreneurs & ecosystems, we leverage corporate partnerships, specialized programming, meaningful mentorship, and capital investments to drive growth within the minority innovation economy. Lightship provides remarkable founders the resources and direction their businesses need to scale.

GE

gener8tor

We are a nationally-ranked venture capital firm and accelerator that brings together startup founders, investors, corporations, job seekers, universities, musicians and artists. The gener8tor platform includes more than 75 programs spanning startup accelerators, corporate programming, speaker series, conferences, skills accelerators and fellowships. gener8tor believes that everyone deserves opportunities, regardless of race, place or gender. And that is what we consider our mission. Why do we do it? Our mission is to be the best partner for a community to invest in its best and brightest. We envision communities achieving measurable and transformational growth through programming that enables equitable access and opportunity. We do what we do because we care about our communities. At gener8tor, everyone belongs. We don’t just talk the talk, we walk the walk. Our goal is to close equity gaps for founders, continually improve the workforce, and foster relationships with diverse communities and organizations that are dedicated to DE&I. From the culture of our own company to the experience of our programs and participants, we strive to create an inclusive and safe environment for everyone.

VH

Visible Hands

Visible Hands is a venture capital firm on a mission to highlight and invest in the limitless potential of overlooked founders. We envision a world where talent and execution - not race or gender - are the key predictors for success. Our Manifesto Our world is changing. Our communities are changing - they are becoming stronger and more vibrant in their diversity, and face fresh possibilities and challenges as a new generation looks increasingly different from the last. We believe that as new opportunities arise, anyone should have the chance to seize them. The best solutions come from those closest to the problem - as our problems evolve, so should the problem-solvers. We believe that investing in women, people of color, and other underrepresented groups is key to creating a more prosperous and equitable future for everyone. We celebrate the bold, the curious, and the irrational. We applaud those with big dreams, and who choose the harder, riskier path in relentless pursuit of pushing forward what is possible. We also acknowledge that being a risk-taker often comes from a position of privilege - opportunity and wealth gaps persist along racial and gender lines, and access to financial and social capital too often determines which ideas are nurtured to grow. We believe that we must first acknowledge that the playing field was built to be unequal in order to change it. We know that we must change it. High-growth entrepreneurship should not be reserved for the privileged few. We need to shine a light inwards on our collective blindspots, and cast out a wider and more inclusive net to find and support existing talent. Instead of relying on unseen market forces, we’re taking matters into our own hands. No one should have to look a certain way to be deemed deserving; great entrepreneurs are all around us but we must choose to see them. By sharing our privileges with those not born into it and manufacturing fairness where it doesn’t yet exist, we can fundamentally change access to wealth and opportunity in this generation. This is our open call for anyone who feels stuck on the outside looking in: We see you. We value you. We need you. Your perspective is unique, your lived experience is invaluable, and your potential is limitless. Never doubt that your voice matters and that you deserve to be heard, even if it can feel like it doesn’t. We believe that good ideas, regardless of who or where they come from, should rise to the top, and we will fight alongside you to get them there.

HV

H/L Ventures

Since its founding in 2009, H/L Ventures has forged a new way to build companies. H/L Ventures’ unique approach combines Daily Active Engagement with every portfolio company and a focus on investing in growth, impact, and diversity. Today, H/L Ventures manages a family of companies and funds that together comprise a holistic company-building ecosystem. At the heart of this system is H/L Studio, which was among the first venture studios to include social impact in its investment thesis. That venture studio is now supported by our opportunity fund, CityRock Ventures, and our managed services group, H/L Strategies, among other entities. Our team has pioneered an innovative, effective model that aligns the interests of entrepreneurs, investors, other stakeholders, and society to succeed together. At H/L Ventures, we apply these three key elements across our studios and funds: DAILY ACTIVE ENGAGEMENT WITH FOUNDERS H/L Ventures’ involvement with our portfolio companies is as hands-on and supportive as possible throughout the entrepreneurship journey. This is the hallmark of H/L’s approach: we hold ourselves to a standard of virtually daily contact with every company in our portfolio, on an open-ended basis. This is not the empty promise of a website value-added page, but the core of our investment thesis. We host weekly calls with our senior portfolio team and each team of founders, which leads to daily activities involving our staff, Venture Partners, EPIRs, advisors, and network of service providers. All of this is in a supportive mode, meant to ensure that whatever needs our portfolio companies have, we remain actively relevant and helpful, every day. This care is given to all portfolio companies, regardless of which H/L Ventures vehicle is engaged. A POWERFUL ECOSYSTEM We respond effectively and proactively to our portfolio companies via a powerful team and community. Organized in a hub-and-spoke model around our core portfolio staff, four key communities help us co-build companies: Venture Partners & EPIRs, Advisors, Member Partners, and our affiliated Trusted Partner Network. Our team is shared across all our family of studios and funds. ACCESS TO CAPITAL From inception to exit, we provide many different forms of capital. Pre-Series A start-ups benefit from the H/L Studio model, where they enjoy access to virtually every form of capital, including human capital, social capital, networks, experience, and time. H/L does not normally invest in Pre-Seed rounds, focusing on our broad range of value-add services as we build a deeper relationship together via our Studio. We do however offer $100,000 in funding at the formal Seed round stage for our Studio companies [1, see Footnote], as well as an opportunity to leverage our extensive networks of co-investors to benefit the team’s fundraising efforts. Our opportunity fund, CityRock Venture Partners, invests at Series A and Series B. CityRock funds both qualifying studio portfolio startups and companies that come to us from outside of the studio pipeline, provided they fit our thesis and pass our standard due diligence process. Regardless of placement in the H/L Ventures ecosystem, all of our portfolio companies enjoy full access to our venture studio resources.

ME

Mercury

Mercury is an early-stage venture capital platform that seeks out transformative software startups, led by exceptional founders, in communities across America. To date, Mercury has created over $9 billion of value with an operationally-focused venture investment strategy helping startups achieve rapid, sustainable growth. Mercury partners with first-time entrepreneurs who require support and guidance, as well as seasoned founders seeking to leverage the assets and talent of our growth partner network. Vision Mercury strives to be a leading venture capital platform, driving exceptional outcomes for founders and investors, while materially improving historically overlooked entrepreneurial communities. Why Middle America? From its roots as the first venture capital firm to consider Middle America as a region unto itself, Mercury has always looked to back the underrepresented entrepreneur. In the mid- 2000’s, the supply-demand imbalance of capital in these ‘fly-over’ states defined underrepresented as all entrepreneurs in the middle of the country. Over time, as Middle American cities such as Boulder, Chicago, and Austin have risen in prominence, the definition of underrepresented has taken on new meaning. Most of the regions have used the same coastal playbook to build their innovation ecosystems. This playbook helps many founders – but also leaves many more behind. A few years ago, Mercury was purposeful in diversifying its deal sourcing network so that it could ensure it was seeing the best startup opportunities coming from every community. We believe the best founders and market opportunities may be those that are less obvious to many of us. The digitization of customer journeys will affect all walks of life, with many billion-dollar ‘niche’ market opportunities exposed and exploited by entrepreneurs who have lived those journeys. Mercury will continue to seek out the underrepresented, whether by region, demographic, customer journey, or market opportunity. This work manifests itself not only in our investments, but in our ecosystem building and community involvement to raise all tides in this new world order.