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Conscious Venture Partners is an early-stage venture capital firm investing in underrepresented minority-led companies. Its core strategy targets "conscious companies" that embed stakeholder capitalism principles into operations, seeking strong financial returns and positive societal impact. Capital is deployed alongside an accelerative support model for portfolio businesses.
Jeffrey Cherry founded Conscious Venture Partners in 2013, driven by the insight that capital could foster businesses prioritizing societal value alongside profit. As Managing Partner, Cherry also aimed to bolster Baltimore's tech ecosystem, leveraging experience to back entrepreneurs building purposeful models. His background blends business acumen and social consciousness.
The firm seeks founders building successful enterprises that address systemic issues and operate with a clear mission. It envisions businesses inherently generating meaningful impact, guiding early-stage startups to embrace stakeholder capitalism. Their efforts cultivate companies focused on responsible, sustainable growth.
Conscious Venture Partners has 2 tracked investments across 2 companies. The latest tracked deal is $3.5M Seed in Ecomap in August 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 14, 2023 | Ecomap | $3.5M Seed | TIM Mcloughlin, Nate Vasel | Chris Cochrane, 2ndf, IDEA Fund Partners, TCP Venture Capital, TEDCO |
| Sep 1, 2022 | CarpeDM | $1.0M Seed | Elevate Capital | Backstage Capital, CAV Angels, Center For Innovative Technology, Forefront Capital, Gaingels, Overlooked Ventures, Pipeline Angels |