Backstage Capital
Invested about $20M in nearly 200 startups led by underrepresented founders — often their first cheque.
Source: Time, 2022 ↗The celebrity money desk
Who's really writing the cheques
Founder and managing partner of Backstage Capital (2015), investing in startups led by women, people of colour and LGBTQ founders. She built the firm after being homeless, and later opened it to non-accredited investors via crowdfunding.
Backstage CapitalInvested about $20M in nearly 200 startups led by underrepresented founders — often their first cheque.
Source: Time, 2022 ↗Raised ~$5M from about 6,500 mostly non-accredited investors who bought equity in the firm itself.
Source: Time, 2022 ↗Photo: TechCrunch — Wikimedia Commons, CC BY 2.0
How Arlan Hamilton Went From 'Really Broke' To Founding A Multi-Million Dollar Venture Capital Fund · via Business Insider
Backstage doesn't publish returns and had documented struggles raising its later, larger funds; total-invested figures are as of 2022.