BLACK ECONOMIC ALLIANCE VENTURES, LLC
BLACK ECONOMIC ALLIANCE VENTURES, LLC is a Seed, Series A and Series B fund in the US writing $1M–$3M checks into Climate, Fintech and healthcare-tech.
- Stages
- Seed, Series A, Series B
- Sectors
- Climate, Fintech, healthcare-tech
- Check size
- $1M–$3M
- Invests in
- US-wide
- Founded
- 2018
- Assets under management
- $50M
- Website
- blackeconomicalliance.org
Thesis
It focuses on bridging the income and wealth gap and promoting sustainable economic development in the United States. The fund focuses on climate, financial services, narrative change, and health sectors. It will support companies beyond the seed stage up to Series B rounds. The BEA Entrepreneurs Fund investments are made in the form of equity via convertible debt, by providing an equity stake in exchange for the seed capital investment. The Fund also makes straight loans to Black start-up businesses. The fund size is $50 million evergreen fund. As of March 2025, the fund had raised $28.5 million.
Common questions
Does BLACK ECONOMIC ALLIANCE VENTURES, LLC invest at the Seed stage?
Yes. BLACK ECONOMIC ALLIANCE VENTURES, LLC lists Seed, Series A and Series B among the stages it invests in.
What check size does BLACK ECONOMIC ALLIANCE VENTURES, LLC write?
BLACK ECONOMIC ALLIANCE VENTURES, LLC writes $1M–$3M checks.
Where does BLACK ECONOMIC ALLIANCE VENTURES, LLC invest?
BLACK ECONOMIC ALLIANCE VENTURES, LLC invests in the US.