The BFM Fund

The BFM Fund is a seed-stage investment fund backing Black and other underrepresented founders across the United States. It invests between $50,000 and $100,000 per company, with a stated stage range running from seed through Series A. A portion of the fund is reserved for follow-on investment in existing portfolio companies. The fund is industry-agnostic in mandate, applying industry-specific screening to sourcing and evaluation rather than restricting itself to particular sectors.

Support extends beyond the initial cheque. The fund connects founders with capital, information, expertise, mentorship and access to a broader investor network, drawing on seasoned investors, advisors and operators. It also maintains partnerships with firms that supply resources relevant to portfolio companies - a structure that supplements direct funding with operational and advisory input.

The fund's stated focus is on addressing barriers to access to capital and networks faced by Black and BIPOC founders, alongside community programming intended to expand opportunities for early-stage companies in these groups. Its website is https://www.bfm.fund/.