Black Angel Tech Fund

Black Angel Tech Fund is a venture capital firm based in McClellan, California, that focuses on early-stage investments in technology companies, particularly in the health-care sector. Established in 2015 during the Stanford Black Alumni Summit, the firm was created in response to discussions about the need for increased support and representation of Black entrepreneurs in technology. Black Angel Tech Fund typically invests up to $200,000 in pre-revenue startups, with the potential for follow-on investments reaching up to $2.5 million for companies valued at up to $10 million. The firm aims to bridge the gap in funding for Black techpreneurs while harnessing the potential of Black angel investors.

Ken Grimes

Managing Director

Sadasia Mccutchen

Investor

Mark Thaiya

Managing Partner

Tommie Wilson

Managing Director

4 past transactions

PopCom

Angel Round in 2019
PopCom, Inc. designs and manufactures vending machines for consumer products. PopCom, Inc. was formerly known as Solutions Vending International and changed its name to PopCom, Inc. in August 2018. The company was founded in 2012 and is headquartered in Columbus, Ohio.

On Second Thought

Seed Round in 2017
On Second Thought Inc. is a technology company that has developed an application enabling users to undo and edit messages before they reach the recipient's phone. Founded in 2014, the company is based in Washington, D.C. Its application, available for iOS devices, facilitates sending and receiving SMS and MMS messages, group messaging, and automatic synchronization of contacts and conversations. The patented technology allows users to delay or recall messages and peer-to-peer payments, giving them the ability to correct inaccuracies or reverse transactions before they are finalized. This functionality enhances user control over communication and financial interactions, addressing common issues associated with sending unintended messages or payments.

Bandwagon

Pre Seed Round in 2016
Bandwagon is an online platform that enhances the fan experience by integrating ticket sales with a focus on game day attendance. It operates as a ticket market that combines both secondary and primary markets, allowing fans to select seats based on personal preferences, such as location within the venue or family-friendly sections. This approach not only protects the home-field advantage for teams but also enables fans to resell their tickets to fellow supporters. By utilizing qualitative data and proprietary blockchain technology, Bandwagon provides teams with valuable insights into their audience, helping them understand who attends events and facilitating targeted marketing efforts. This data is beneficial not only for teams but also for brands seeking to engage more effectively with potential customers, ultimately connecting fans with teams and enhancing the overall event experience.

Kit

Seed Round in 2016
Kit specializes in at-home health and lab testing solutions that enable businesses and organizations to offer a safe and convenient alternative to traditional doctor and laboratory visits. The company's comprehensive testing kits are designed to make preventative health testing accessible across various industries, allowing customers to manage their health from the comfort of their homes. By providing reliable and easy-to-use testing options, Kit aims to enhance the accessibility of health services for individuals and organizations alike.
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