Keith: Hi there, Spiffy! Thanks for inviting me. We launched in 2019 with a mission for providing access to capital, networks, and opportunities to African-American founders of high-growth startups in a variety of sectors. We aspire to change the narrative regarding the lack of venture capital that goes to African-American entrepreneurs, as well as close the wealth gap.
Tracey: Thanks for having me, Spiffy! Did you know that founders from some of the largest and highest growth populations have historically been underfunded. As commonly cited, less than 2% of VC funding goes to minority and female founders. However, these communities are driving the US economy forward, and these founders are outperforming the average. As a result, many problems faced by underrepresented communities have gone unsolved, high-potential founders have been underfunded, and significant spending power has been untapped. SoGal Ventures, founded by Pocket Sun and Elizabeth Galbut, is doubling down on the thesis that underrepresented founders, underserved problems, and undercapitalized geographies are the biggest investment opportunity of our time.
Evan: I’m glad to be here, Spiffy! Upfront Ventures is one of the largest early-stage investment funds in Los Angeles. We are champions of the Southern California ecosystem and we also invest in emerging companies nationally and internationally. We have a passionate and curious team of investors that strives to select and nurture leading industry startups. Most importantly, we are committed to helping build the next generation of founders who are looking to make a significant impact with their ideas.
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