Venture Capital

The 14 unicorns in venture capital with diverse founders

Read more at www.businessinsider.com

  • 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.
  • Visit the Business section of Insider for more stories.

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.

Read more at www.businessinsider.com

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