Highlighting Notable Funding To Black Founders In 2020

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By Gene Teare

Last year, U.S. companies raised record amounts of venture capital, at just under $150 billion. But of that capital, only $1 billion went to Black or African-American startup founders, which comes out to less than 1 percent of total funding, per Crunchbase data.

Despite this low proportion, there were some early-stage companies that raised significant amounts in 2020 that were founded and led by Black entrepreneurs. For this feature, we looked at larger Series A and Series B rounds last year that went to Black startup founders. Here are some of the companies we think are worth

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