🎉 Spotlight on Black & Latino Startup Success: The 2023 Diverse Founder Report 🎉

We're excited to unveil the 2023 Diverse Founder Report, a comprehensive analysis spotlighting 1,256 Black and Latino startups that have each raised over $1M in venture capital, collectively raising $48.3B in funding. Here's what’s new this year: 

💡 Deep dives into the connections between diverse unicorns and their educational/professional paths.

💡 The introduction of the Top 25 Most Promising Startups, spotlighting startups with extraordinary growth and resiliency in the market.

2023 Report Highlights:

🔍 By the Numbers:

• $723M Total Capital Raised

• $19M Median Funding Raised

• 2019 Median Year Founded

📍 From Coast to Coast:

• 36% of startups are based in CA 

• 24% are based in NY

🛠️ Industries Represented:

• FinTech leading with 24%

• Healthcare and CleanTech 16% and 12% respectively

Despite 2023's broader VC funding challenges, our findings illuminate encouraging trends and notable achievements, like the rise of new diverse unicorns and the growing support from investors for Black and Latino founders.

🔍 Dive into the full report to uncover more insights. Please share to help amplify!

🎥 Check out Principal Nicole DeTommaso sharing more on the report here.