Page 30 - Precursor Ventures News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Fintech startup Finix closes on $3M in Black and Latinx investor-led SPV Many founders talk about their desire for a more diverse investor base. Richie Serna took that desire and made it a reality. Serna, who founded payments infrastructure startup Finix in 2016, had raised more than $95 million in venture funding from the likes of Lightspeed Venture Partners, American Express Ventures, Homebrew, Precursor Ventures, Insight Partners, Bain Capital Ventures, Visa and Activant Capital. The San Francisco-based fintech last raised $30 million in an extension of its Series B round last August. At t...

Venture Capital Funding Remains Elusive Despite New Influx of Finding 752 Donnel Baird (C) sits with other Echoing Green Black Male Achievement Fellows in New York, U.S., during a presentation in this 2012 handout picture. Echoing Green/Handout via REUTERS (Reuters) – When Donnel Baird first pitched his idea in 2014 to create a technology platform that could help small apartment buildings and other urban structures become energy efficient, he got the U.S. government to promise him $2.1 million, provided he could raise a similar amount from elsewhere, but not one of some 200 venture capital...

by Chantal Allam — February 23, 2021 . RALEIGH – Courtroom5 is scaling quickly after landing the backing of the women’s investment group SheEO. The Durham-based, Black-owned legal tech startup that offers a “legal toolbox” for people who can’t afford a lawyer in court, confirmed it has been named a SheEO U.S. Venture for 2021. SheEO is a global community of “radically generous women” building a $1 billion perpetual fund to support women and non-binary entrepreneurs. It selects just five organizations each year to provide activation resources, coaching and funding to aid in g...

Analysis: For Black founders, venture funding remains elusive despite new funds Reuters 2/22/2021 By April Joyner and Arriana McLymore © Reuters/ECHOING GREEN Donnel Baird sits with other Echoing Green Black Male Achievement Fellows in New York during a presentation By April Joyner and Arriana McLymore Popular Searches NEW YORK (Reuters) - When Donnel Baird first pitched his idea in 2014 to create a technology platform that could help small apartment buildings and other urban structures become energy efficient, he got the U.S. government to promise him $2.1 million, pro...

Smith becomes one of 93 Black women to have raised more than $1 million for a venture-backed business.