Friday, June 15, 2018

Report: Despite gains, most black, female startup founders still get no funding

Viola Llewellyn is one of the few black, female company founders nationwide that has been able to surpass the $1 million venture funding mark. Her Maryland-based financial technology company, Ovamba Solutions Inc., is backed by about $2 million in equity funding to date, including $1.3 million from an institutional investor, and $9 million in debt financing. Llewellyn’s story is unique. Female founders are still pretty rare in the national startup ecosystem, and founders who are women of color…



from https://www.bizjournals.com/baltimore/news/2018/06/15/report-despite-gains-most-black-female-startup.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/174919846457

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