40+ Top Black-Led Venture Capital Funds — The Definitive List for 2025
- Dr. Lascelle Sweetland
- 7 minutes ago
- 3 min read
Connect with Black-led venture capital firms actively funding startups—comprehensive directory with investment focus, stage preferences, and contact information.
Are You a Founder Looking for Black-Led VC Funds? Start Here.
Raising capital is hard—especially when you're trying to break into networks that weren't built with you in mind. If you're a Black founder grinding to get your startup funded, we see you. And more importantly, we’re here to support you.
At Beta Boom, we've put together a curated list of some of the most active and impactful Black-led venture capital funds that are investing in founders just like you—from pre-seed to Series A and beyond.
You’ve got enough on your plate—this list is here to help you work smarter, not harder when raising.
How to Maximize Your Chances of Getting Funded
After working with dozens of founders, we’ve found the #1 factor that moves the needle in a fundraise:Targeting investors who are highly aligned with your startup’s stage, vertical, and mission.
Here’s the thing:If you're building a FinTech company and you're raising a Seed round, you won’t get far with an EdTech fund that only invests at Series B.
So don’t waste your time on mismatched VCs.
More Resources: Top Pre-Seed Funds | Top Funds Investing in Women | Top Latinx-Led Funds | Top Angel Investors | Best Startup Accelerators | Top FinTech Seed Funds | Top Health Tech Seed Funds | Angel Investor Guide | Complete Pre-Seed Guide
Start Building Your Target Investor List
To help you zero in on the right investors, we’ve included:
Vertical focus (e.g., HealthTech, Consumer, SaaS)
Investment stage (e.g., Pre-Seed, Seed, Series A)
Number of investments
Most recent investment (to show how active they are)
Use these criteria to build your own target list of investors that actually make sense for you.
# | Investor | Total Investments Made | Top Verticals | Website |
1 | Precursor Ventures | 444 | Healthcare, FintTech, SaaS, e-Commerce | |
2 | Upfront Ventures | 427 | Retail, Software, e-Commerce, Ad Tech, SaaS | |
3 | Kapor Capital | 283 | Education, Finance, Justice, Food, Health | |
4 | MaC Venture Capital | 250 | Digital Media, Software, EdTech | |
5 | Celesta Capital | 172 | AI/ML, Semiconductor, Hardware | |
6 | Backstage Capital | 156 | Health Care, e-Commerce, Software | |
7 | Rough Draft Ventures | 156 | Any technology-enabled companies | |
8 | Reach Capital | 149 | EdTech, Parent, SaaS | |
9 | Base10 Partners | 145 | SaaS, FinTech, Ecommerce | |
10 | Cleveland Avenue | 136 | Consumer Goods, Food and Beverage, Retail Technology | |
11 | Kindred Ventures | 128 | Blockchain, Crypto, FinTech, E-Commerce, Market Places | |
12 | 645 Ventures | 118 | SaaS for the Second Wave, Citizen Professionals, The Engineering Value Chain Revolution, and Personalized Consumer Applications | |
13 | Harlem Capital | 71 | Software, e-Commerce, FinTech, Health Care | |
14 | Serena Ventures | 70 | Healthcare, FinTech, e-Commerce | |
15 | Collab Capital | 42 | e-Commerce, EdTech, Health and Wellness | |
16 | Concrete Rose | 42 | FinTech, Health | |
17 | LongJump | 39 | Unknown | |
18 | Slauson & Co. | 35 | SMB SaaS, Consumer Tech | |
19 | Impact America Fund | 33 | FinTech, EdTech, Healthcare, Ecommerce | |
20 | Zeal Capital Partners | 32 | FinTech, Future of Work | |
21 | Maple VC | 32 | Marketplaces, Health Tech, Community | |
22 | AIN Ventures | 29 | Deep Tech, Veteran-led | |
23 | Cleo Capital | 28 | CleanTech, Software, EdTech/Education, InsurTech | |
24 | BETA BOOM | 27 | FinTech, Digital Health, EdTech, SMB SaaS | |
25 | Fearless Fund | 27 | e-Commerce/Retail, FinTech | |
26 | SteelSky Ventures | 26 | Health Care, Women’s Tech, Biotechnology, Medical | |
27 | NOEMIS Ventures | 25 | FinTech, AI/ML, Marketplaces | |
28 | PS27 Ventures | 24 | FinTech, HealthTech, E-commerce, SaaS, Food and Beverage | |
29 | New Age Capital | 22 | Any technology-enabled companies | |
30 | Stellation Capital | 21 | Unknown | |
31 | Authentic Ventures | 21 | Business/productivity software, Artificial Intelligence, Machine Learning, and Digital Health | |
32 | E Squared Ventures | 17 | FoodTech, AgTech, Synthetic Biology | |
33 | Sixty8 Capital | 16 | Human Resources, EdTech, AI/ML | |
34 | Capitalize VC | 14 | FinTech, AdTech, Future of Work, CPG | |
35 | Aperture Venture Capital | 13 | Consumer, Enterprise, FinTech | |
36 | Cake Ventures | 12 | Aging, Longevity | |
37 | Black Tech Nation Ventures | 11 | Marketplaces, Blockchain, FinTech, EdTech, Health Care | |
38 | Reinventure Capital | 10 | Food, Health Care, Property, FinTech | |
39 | 1863 Fund | 9 | All – Sector Agnostic | |
40 | Ruthless For Good | 8 | Edtech, Workforce development, Access innovation tech | |
41 | Unseen Capital | 8 | Healthcare, Digital Health, Pharmaceuticals | |
42 | High Street Equity Partners | 7 | Unknown | |
43 | Black Founders Matter | 7 | e-Commerce, Health Care, Mobile Game | |
44 | Gateway Capital Partners | 7 | Unknown | |
45 | Exposition Ventures | 6 | 3D Printing, AI/ML, Robotics, Blockchain, Big Data | |
46 | Black Operator Ventures | 6 | Sector Agnostic | |
47 | The 22 Fund | 5 | Manufacturing, Export, Job Creation | |
48 | M1C | Mission 1 Capital | 5 | Energy independence, Industrial, Frontier Industries |