Harlem Capital

2024 saw a 14% increase in funding to Black & Latino founders. Despite the market climate! Let's celebrate the new data: → 81 Black & Latino-founded companies added to the $1M+ VC-funded list → $3.0B in additional capital raised → 2 new diverse unicorns (Helion Energy & Twelve) → 1 new investor joins the list of those with 25+ investments B&L founders → 6 raises exceeded $100 million, up from 5 last year At Harlem Capital, we believe in the power of bold ideas, relentless ambition, and the courage to build against all odds. We are deeply committed to being a fund for exceptional, diverse founders reshaping industries and rewriting the future. All winners are welcome here. ♻️ Repost to help spread the success of diverse founders! #venturecapital #founder #startup

The Best Thing I Read This Week: $3B in New Capital Raised for Black & Latino Founders 💰 Harlem Capital's tentpole publication is fresh off the press! Our 2024 Diverse Founder Report is a juicy deep dive into the progress & opportunities we're seeing across the venture landscape. We analyzed 1,338 Black & Latino-founded startups that have raised $52.3B in VC funding. 🚀 Diverse founders are building billion-dollar companies, against all odds. 📈 42 unicorns with a combined $125B+ valuation 👩🏽💼 Women-led companies = 34% of startups, but only 21% of capital raised 🌍 CA & NY remain the top hubs, capturing 59% of total funding 📊 Seed rounds make up 37% of startups, but only 4% of capital raised At Harlem Capital, all winners are welcome. We remain steadfast in our passion for backing bold, diverse founders shaping the future. Our mission is our heartbeat AND our drumbeat, and we are excited to continue marching to it. #VentureCapital #VC #Founder #Startup

Announcing Harlem Capital's 2024 Diverse Founder Report! We started tracking fundraises for diverse founders 7 years ago as no one else was tracking this info. In 2018, the cumulative number of Black & Latino founded companies that raised over $1M was only about 100. Fast forward, the number has grown 13x by 2024. The ecosystem has grown a lot, but the opportunity is massive and the best days are ahead of us. Key Insights from This Year’s Report: → 81 Black & Latino-founded companies added to the $1M+ VC-funded list → $3.0B in additional capital raised → 2 new diverse unicorns (Helion Energy & Twelve) → 6 raises exceeded $100 million, up from 5 in 2023 We have the best job of helping people make their dreams come true and are committed to doing this work over the long-term. All winners are welcome here. Download full report here -> https://lnkd.in/eU_g5hm7 Blog Post -> https://lnkd.in/ephiSJeP Full Company list on Airtable: https://lnkd.in/eBKuD8Eu

𝗧𝗵𝗲 𝟮𝟬𝟮𝟰 𝗗𝗶𝘃𝗲𝗿𝘀𝗲 𝗙𝗼𝘂𝗻𝗱𝗲𝗿 𝗥𝗲𝗽𝗼𝗿𝘁 𝗶𝘀 𝗵𝗲𝗿𝗲! This year, we analyzed 1,338 companies led by Black, Latino, and Black/Latino founders to highlight their impact on the startup ecosystem. Despite macroeconomic challenges, diverse founders continue to build game-changing companies and attract early-stage capital. 🚀 Key Insights from This Year’s Report: 📊 The 1,338 companies raised $52.3B of capital with a median raise of $6.2M  📊 Women-led companies represent 34% of total companies, but only 21% of capital raised  📊 Seed rounds represent 37% of total companies, but only 4% of capital raised  📊 Software, Fintech, and Healthcare represent 34% of companies, but 39% of capital raised  📊 California and New York represent 55% of companies, but 59% of capital raised  📊 There have been 42 unicorns with $24B of total capital raised  📊 2024 saw an 14% increase in capital raised, with Series C leading the way Diverse founders are creating lasting impact—but there’s still work to be done to close the funding gap, especially for women and later-stage rounds. 📥 Download the full report here -> https://lnkd.in/eU_g5hm7 ➡️ Read the full blog: https://lnkd.in/eYaDgvmm Full Company list on Airtable: https://lnkd.in/eBKuD8Eu A huge thanks to Nicole DeTommaso and Arjun Dundoo for their work in putting this report together! 🙌 Let’s keep driving change in venture capital. 💪 #DiverseFounders #VentureCapital #Startups #HarlemCapital #Funding

🔙 𝗙𝗿𝗼𝗺 𝘁𝗵𝗲 𝗮𝗿𝗰𝗵𝗶𝘃𝗲𝘀: 𝙄𝙨 𝙮𝙤𝙪𝙧 𝙨𝙩𝙖𝙧𝙩𝙪𝙥 𝙤𝙣 𝙩𝙧𝙖𝙘𝙠 𝙩𝙤 𝙗𝙚 𝙗𝙚𝙨𝙩 𝙞𝙣 𝙘𝙡𝙖𝙨𝙨? 🚀 Investors look for growth & momentum to gauge if a company can scale. Where does your startup stand? 🚀🏎️🚲 One way to evaluate this is through different momentum frameworks: 🚀 Rocketship – Rapid growth, strong PMF 🏎️ Racecar – Early traction but slowing 🚲 Bicycle – Struggling to find PMF Use this framework to benchmark your progress & refine your strategy. #VC #VentureCapital #Startup #StartupFramework See link of the full blog in comments!

Major congrats to Christie Horvath, founder of Harlem Capital portfolio company Wagmo, on making Inc. Magazine’s Female Founders 500! 👏 For expanding customizable pet wellness plans, winning the Benefits Trailblazer Award, and nearly tripling B2B ARR—she’s leading the way in pet care innovation! 🐶🚀 #FemaleFounder #Wagmo #Pets #Insurtech #PetWellness

𝗚𝗲𝗻 𝗭 𝗶𝘀 𝗿𝗲𝗱𝗲𝗳𝗶𝗻𝗶𝗻𝗴 𝘄𝗼𝗿𝗸, 𝗺𝗼𝗻𝗲𝘆 & 𝘁𝗲𝗰𝗵. 🚀 By 2030, Gen Z will make up 30% of the workforce—shaping how we work, invest, and adopt technology. Their values? 🔹 Financial security & entrepreneurship 🔹 Digital-first, efficiency-driven tools 🔹 AI adoption with job security in mind Here are 4 investment opportunities in this shift: 📦 Business-in-a-Box – Tools for Gen Z entrepreneurs 💳 Consumer Fintech – Financial stability solutions 🤖 AI Copilots – Workflow efficiency tools 🔎 Consolidated Search – Smarter decision-making Gen Z’s impact is only accelerating—these trends are worth watching. #GenZ #FutureOfWork #TechTrends #Investing See comments for the link to the full blog and report.

𝗔𝗜 𝗶𝘀 𝗿𝗲𝘄𝗿𝗶𝘁𝗶𝗻𝗴 𝘁𝗵𝗲 𝗽𝗹𝗮𝘆𝗯𝗼𝗼𝗸 𝗳𝗼𝗿 𝗕𝟮𝗕 𝗦𝗮𝗮𝗦. 📝💡 In this blog, we break down the real market opportunities: ⚡ Automating what slows you down ⚡ Personalizing what matters ⚡ Supercharging decision-making ⚡ Innovating industries stuck in the past And we're seeing AI show up everywhere—from customer service to cybersecurity to sales enablement. #B2BSaaS #Software #AI #VentureCapital Link to our full blog post in the comments.

𝗧𝗵𝗶𝘀 #WomensHistoryMonth, 𝘄𝗲’𝗿𝗲 𝗰𝗲𝗹𝗲𝗯𝗿𝗮𝘁𝗶𝗻𝗴 𝗽𝗼𝘄𝗲𝗿𝗵𝗼𝘂𝘀𝗲 𝘄𝗼𝗺𝗲𝗻 𝗳𝗼𝘂𝗻𝗱𝗲𝗿𝘀 𝗿𝗲𝘀𝗵𝗮𝗽𝗶𝗻𝗴 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗲𝘀. 🚀 Qiyun Cai of Fintary is streamlining financial ops for insurance brokerages, while Christie Horvath of Wagmo is making pet care more affordable and accessible. See how they’re building products people actually love - link to the full blog in the comments. #WHM #WomensHistoryMonth #WomenInBusiness #Founder

𝐁𝐥𝐚𝐜𝐤 𝐇𝐢𝐬𝐭𝐨𝐫𝐲 𝐌𝐨𝐧𝐭𝐡: 𝐂𝐡𝐚𝐧𝐠𝐞 𝐢𝐬𝐧’𝐭 𝐣𝐮𝐬𝐭 𝐚 𝐦𝐨𝐯𝐞𝐦𝐞𝐧𝐭—𝐢𝐭’𝐬 𝐚 𝐦𝐢𝐬𝐬𝐢𝐨𝐧. See how we’re pushing forward in 2025: ⛳ VC & founders hit the green 🌎 Brandon at Stanford – Think big 🎤 Gabby at HBS – The future of VC 🔥 Faura – Tackling climate risk Read more: https://lnkd.in/dxjBF7w5 #VC #VentureCapital #BlackHistoryMonth