Fund profile

100 Black Angels & Allies Fund

Dallas, United States

Not leading

About

100 Black Angels & Allies is a venture capital fund dedicated to building an inclusive Black technology and startup ecosystem. Their mission is to harness the power of Black and ally investors to close the racial wealth gap and promote equitable representation in tech and entrepreneurship. The fund focuses on investing in early-stage startups, particularly those contributing to the Fourth Industrial Revolution, across sectors such as technology, finance, and climate solutions. Notable portfolio companies include Rheaply, Solo Funds, and Kanarys, all of which align with the fund’s vision of creating scalable impact-driven solutions. With investments targeting Black founders and underrepresented entrepreneurs, 100 Black Angels & Allies is committed to fostering multi-generational wealth creation without reliance on existing wealth. Led by a team of seasoned investors, including Managing General Partner Rodney Sampson and General Partner Heather Hiles, the fund is actively involved in mentorship and ecosystem-building efforts, aiming to democratize access to capital and entrepreneurial success​.

Details

Average check

$500K-$1M$1M-$3M

Round

SeedSeries A

Highlights

$5.5M

Historical average check

$8M

Historical max check

February 2021

Last investment date

2

Investments

Software & Apps

CleanTech & Sustainability

Sharing economy

B2B

Funds that also invest in Software & Apps