Investing in Women of Color: Addressing Underrepresentation in Venture Capital

Women and individuals of color are significantly underrepresented in venture capital funding, with women in general receiving only 2% of VC money. The Fearless Fund is the first venture capital fund built by and for women of color, and it aims to provide capital to underrepresented women in entrepreneurship. Backed by notable names like JPMorgan Chase, Bank of America, and MasterCard, the fund has already invested in about 40 companies. The fund's mission is driven by the belief that diversity-led teams outperform non-diverse teams, with numerous reports confirming the financial benefits of diversity in business. By diversifying both the investors and investments, the fund seeks to create a more inclusive and economically successful venture capital landscape.