Black Angel Tech Fund

Black Angel Tech Fund is a venture capital firm based in McClellan, California, founded in 2015. The firm specializes in providing early-stage capital to pre-revenue startups, with a particular focus on healthcare technology companies. Typically, it invests up to $200,000 in each company, with the possibility of follow-on investments reaching up to $2.5 million for companies valued at up to $10 million. The firm emerged from discussions at The Stanford Black Alumni Summit, which highlighted the need for greater representation of Black entrepreneurs in the tech sector and the potential of Black angel investors to support this growth.

Mark Thaiya

Managing Partner

Tommie Wilson

Managing Director

4 past transactions

PopCom

Angel Round in 2019
PopCom, Inc. is a company based in Columbus, Ohio, that designs and manufactures advanced vending machines for consumer products, particularly in regulated sectors such as pharmaceuticals, alcohol, tobacco, and cannabis. Founded in 2012 and rebranded in 2018, PopCom provides touchless vending solutions that utilize automated retail technology, including facial recognition and machine learning. This technology enables the machines to track transactions and generate live sales and product reports, offering deep consumer data and insights. By focusing on secure transactions, PopCom aims to enhance consumer engagement and streamline the purchasing process for a variety of products.

On Second Thought

Seed Round in 2017
On Second Thought Inc. is a technology company that has developed a messaging application allowing users to undo and edit messages before they reach the recipient's device. Founded in 2014, the company is headquartered in Washington, D.C. Its iOS application supports sending and receiving SMS and MMS messages, group messaging, and automatic synchronization of contacts and existing conversations. The app employs patented technology that enables users to delay or recall messages and peer-to-peer payments, providing greater control over communications and transactions. This functionality helps users rectify inaccuracies in messages or correct mistakes in payments before they are delivered, thus enhancing user experience and reducing potential errors.

Bandwagon

Pre Seed Round in 2016
Bandwagon is a company focused on enhancing experiences at live events through innovative ticket authentication and fan identity management solutions. Utilizing expertise in blockchain technology and holomorphic encryption, Bandwagon provides a suite of products designed to gather qualitative customer data for ticketed events. The company's technology enables teams to accurately identify attendees, allowing clients to track ticket economics and gain insights into the actual end-users present at events. By optimizing revenue and minimizing risks related to personalized identity information, Bandwagon aims to foster community engagement and improve products and services through tailored experiences.

Kit.com

Seed Round in 2016
Kit is a company focused on providing at-home medical exams and health testing services. It develops comprehensive health testing kits that enable insurers and telehealth companies to offer convenient and safe testing options for their patients from the comfort of their homes. These kits serve as a reliable alternative to traditional doctor and laboratory visits, making preventative health testing accessible across various industries. As a subsidiary of Ro, Kit is committed to enhancing the healthcare experience through innovative solutions.
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