Blck Vc

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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. BLCK VC is a 501(c)(3) nonprofit organization that equips Black investors with the access, education, and community they need to accelerate their careers in venture capital. We do not accept the status quo; we are driving the industry forward by pushing venture capital firms to become more inclusive in their hiring, deal flow, and portfolios. 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.

Company Details

Employees
105
Founded
-
Address
855 El Camino Real,
Email
ge****@****kvc.com
Industry
Venture Capital And Private Equity Principals
NAICS
Miscellaneous Intermediation
Website
blckvc.com
HQ
Palo Alto, CA
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News

81% of VC firms don’t have a single black investor — BLCK VC wants to change that - TechCrunch

81% of VC firms don’t have a single black investor — BLCK VC wants to change that TechCrunch

BLCK VC Appoints New CEO To Lead Diversity And Change In Venture Capital - peopleofcolorintech.com

BLCK VC Appoints New CEO To Lead Diversity And Change In Venture Capital peopleofcolorintech.com

Lightspeed Scout Spotlight: Brian Hollins - Lightspeed Venture Partners

Lightspeed Scout Spotlight: Brian Hollins Lightspeed Venture Partners

EXCLUSIVE: BLCK VC Announces Two-Time Founder, Investor Robert Gordon IV As Its New CEO - afrotech.com

EXCLUSIVE: BLCK VC Announces Two-Time Founder, Investor Robert Gordon IV As Its New CEO afrotech.com

Greater Washington's BLCK VC chapter shows how three years of community building can pay off - The Business Journals

Greater Washington's BLCK VC chapter shows how three years of community building can pay off The Business Journals

BLCK VC Launches Scout Program With Lightspeed, Sequoia To Support More Black Investors - Forbes

BLCK VC Launches Scout Program With Lightspeed, Sequoia To Support More Black Investors Forbes

At Blck VC, Under 30 Investors Frederik Groce And Sydney Sykes Are Driving Venture Capital Forward - Forbes

At Blck VC, Under 30 Investors Frederik Groce And Sydney Sykes Are Driving Venture Capital Forward Forbes

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