Loading organizations...
The Making of Black Angels is an initiative focused on diversifying the angel investing ecosystem. It provides educational programs, such as its Angels in the Making® curriculum, teaching practical skills in startup investment deal-making and evaluation. This directly increases participation in angel investing, expanding critical capital access for underrepresented founders.
Founded by Dr. Elizabeth Clayborne, the initiative addresses persistent economic disparity and underrepresentation of Black founders in early-stage venture capital. Recognizing limited angel capital access hinders Black entrepreneurs, the organization empowers and educates new Black angel investors. This fosters increased funding opportunities, directly countering systemic imbalances.
The Making of Black Angels primarily serves Black wealth builders entering angel investing and Black entrepreneurs seeking crucial early-stage capital. Its long-term vision is to create an equitable landscape where Black innovators achieve proportional funding access. The initiative aims to normalize capital flow to Black-founded businesses, ensuring promising ideas are not stifled by systemic biases and driving broader economic inclusion.
Making of Black Angels & Commune Angels has 1 tracked investment across 1 company. The latest tracked deal is $2.5M Seed in Aja Labs in December 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 1, 2022 | Aja Labs | $2.5M Seed | Better Ventures, Impact America Fund, SOSV | Diishan Imira, Debut Capital, Joshua Mailman Foundation, Overlap Holdings |