2023 Diverse Unicorn Report: A Look into the 38 US Diverse Unicorns
The 38 US-based Black and Latino founded unicorns raised $20.1B of capital with a median raise of $343.1M.
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The 38 US-based Black and Latino founded unicorns raised $20.1B of capital with a median raise of $343.1M.
Harlem Capital portfolio companies raised a median of $8.5M at a median valuation of $58M, representing average dilution of 22%.
The report focuses on 892 US-based women-founded companies that raised $1M+ in venture funding, out of 977 that raised.
Financial Services and E-Commerce sectors raised $3.1B.
The 1,714 female founders analysed raised $56.4bn of capital.
200 Black and Latino founders in the US have raised $1mm+, updating a 2018 report that found 105.
The report identifies 200 US based VC investors working in 161 US based VC funds.
105 US based startups founded by Black and Latino founders have raised $1mm+ of venture capital funding.
The report filters 300+ respondents down to 261 US based founders.