Harlem Capital is raising a $150 million fund, its largest yet, to continue backing diverse founders. The firm raised $134 million in 2021 and started with $40 million in 2019.
Harlem Capital focuses on supporting diverse founders and has made over 80 investments, including Propense.ai and Poolit. The firm aims to counter the backlash against diversity and inclusion in funding.
Their success signifies industry interest in backing underrepresented communities. Harlem Capital's oversubscribed Fund 2 followed the Black Lives Matter movement's momentum, emphasizing support for marginalized groups.
Harlem Capital's commitment to diverse limited partners in past funds aligns with its mission to empower minority entrepreneurs. The firm's strategy remains focused on supporting the next generation of diverse founders.
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