Black Ambition
Founded Year
2020Stage
Other Investors | AliveAbout Black Ambition
Black Ambition is an organization focused on entrepreneurship and investment in the business sector. The company provides capital and resources to high-growth startups, with a particular emphasis on those founded by Black, Hispanic, and HBCU students and entrepreneurs. It was founded in 2020 and is based in Oakland, California.
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Latest Black Ambition News
Oct 9, 2024
News Provided By Share This Article NEW YORK, NY, UNITED STATES, October 9, 2024 / EINPresswire.com / -- Key Highlights: Wekeza has advanced to the final round of the Black Ambition Prize , where it will compete for up to $1 million in funding. Public voting is now open for $25,000 Audience Choice Award The competition supports Black and Hispanic entrepreneurs. Chosen from thousands of applicants, Wekeza.com's selection as a finalist underscores its innovative approach to democratizing wealth-building opportunities. The company now stands poised to potentially secure substantial funding to further its mission of making smart investing accessible to all. "We're incredibly honored to be recognized by the Black Ambition Prize," said Sabrina Lamb, Founder and CEO of Wekeza.com. "This opportunity validates our vision and brings us closer to empowering even more individuals on their journey to financial freedom." The Black Ambition Prize, established by Pharrell Williams in 2020, aims to bridge the opportunity and wealth gap by supporting Black and Hispanic entrepreneurs. The initiative provides funding, mentorship, and resources to help bold ideas flourish uninterrupted. Wekeza is now calling on its community and supporters to participate in the public voting process for an additional $25,000 award. Votes can be cast through the link on Wekeza's social media profiles. For more information about Wekeza.com and its participation in the Black Ambition Prize, please visit: https://shorturl.at/eFzMz Sabrina Lamb
Black Ambition Frequently Asked Questions (FAQ)
When was Black Ambition founded?
Black Ambition was founded in 2020.
Where is Black Ambition's headquarters?
Black Ambition's headquarters is located at 1438 Webster Street, Oakland.
What is Black Ambition's latest funding round?
Black Ambition's latest funding round is Other Investors.
Who are the investors of Black Ambition?
Investors of Black Ambition include Techstars.
Who are Black Ambition's competitors?
Competitors of Black Ambition include Black Capital and 2 more.
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Compare Black Ambition to Competitors
Black Unicorn Factory is a tech startup accelerator program that focuses on transforming African American startups into billion-dollar tech companies ready for stock listings. It was founded in 2020 and is based in Los Angeles, California.
Level Up Ventures is an early-stage investor in tech-enabled startups lead by Black and Latinx founders. The firm couples financial investment with a deep bench of in-house support to best position startup teams for success.
Backstage Capital is a venture capital fund with a focus on investing in startups, particularly those led by underrepresented founders. The company's main service is providing financial investment to startups led by women, People of Color, or LGBTQ individuals. Backstage Capital primarily serves the startup industry. It was founded in 2015 and is based in Los Angeles, California.
Opportunity Hub is a platform focused on creating racial equity and multi-generational wealth in the fourth industrial revolution. The company offers programs and initiatives for early exposure, workforce upskilling, new venture creation, and capital formation, targeting individuals and communities underrepresented in the technology, startup, and venture ecosystem. Opportunity Hub primarily serves sectors such as education, municipalities, and corporations with a focus on diversity, equity, and inclusion. It was founded in 2013 and is based in Atlanta, Georgia.
Black Capital is an early-stage fund that focuses on investing in underrepresented founders, particularly in the venture capital sector. The company provides financial support to startups, with a special interest in the Sports Tech, EdTech, and GovTech industries. The primary customers of Black Capital are US-based companies seeking early-stage funding. It is based in Sacramento, California.
Black Tech Nation Ventures is a venture capital firm focusing on investments in technology startups with diverse leadership teams. The company primarily funds U.S.-based tech startups founded by Black and/or diverse entrepreneurs, aiming to support underrepresented founders in the technology sector. Black Tech Nation Ventures offers financial investment and a platform for growth to its portfolio companies, which include a variety of tech startups. It was founded in 2021 and is based in Pittsburgh, Pennsylvania.
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