- Venture capital firm Harlem Capital just released its third Diverse Founder Report.
- It found 305 diverse founders at 277 companies who’ve raised $10.8 billion combined.
- Harlem also identified 14 diverse founders of unicorns with a combined valuation of $28.3 billion.
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The number of diverse founders backed by venture capital continues to rise, which has in turn helped push the number of minority-founded unicorns to 14.
Venture capital firm Harlem Capital recently released its third Diverse Founder Report and identified 14 unicorns (those with valuations of at least $1 billion) with diverse founders that have raised $5.7 billion combined. Those unicorns have a combined total valuation of $28.3 billion.
Overall, the report revealed 305 Black and Latino founders of 277 companies that have received $10.8 billion in funding throughout their lifespans. In Harlem’s report last year, that total was 200 founders and $6 billion in funding.
Here’s more about the unicorn founders paving the way for more diverse leaders in the venture capital industry.