BLCK VC, in partnership with Silicon Valley Bank, is proud to share the inaugural State of Black Venture report. They surveyed our community and collated industry data to set a baseline against which they can measure future progress toward equitable representation.
- The number of Black partners is increasing: 27% of Black partners launched new funds within the past two years.
- Black fund managers face fundraising & investing obstacles raising funds that are 46% smaller than the industry average.
- Black partners have an outsized positive impact with over 50% hiring and mentoring other Black venture investors.