New Majority Ventures (Transition from Nonprofit to For-Profit)
Funding Details
- Awarder
- Inbox
- Date Award
- June 08, 2025
- Vertical
- Venture Capital
- Funding URL
- View Funding Page
Company Info
- Founding Year
- 2024
- Traction
- 1863 Ventures has helped over 5,000 founders and created 2,000 jobs, with investments in various companies including Lingo, The Black Girl Doctor, and Harlem Candle Co.
- Organizations Involved
- Tides Foundation
- Founders
- Melissa Bradley
- Company Description
- New Majority Ventures is a for-profit entity that evolved from the nonprofit 1863 Ventures, focusing on providing capital and mentorship to early-staged underrepresented founders. The organization aims to support the creation of $100 billion in new wealth by and for New Majority founders.
- Market
- Underrepresented Founders
- Location
- USA