Fearless Fund
Atlanta, Georgia · Invests in US · Website
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🔒 $•• – $••Thesis
Women of color are exceptional, resilient founders systematically underinvested in by traditional venture capital. By providing capital, operational support, and public advocacy, Fearless Fund generates competitive returns while advancing economic inclusion and addressing critical market inefficiencies.
Likely not a fit for
The firm focuses exclusively on women of color-led businesses. While DEI-focused, this is a conviction-driven approach to capturing underinvested market opportunity rather than charitable investing.
How they invest
- Lead or follow
- Usually follows
- Typical decision
- ~2 months
- Warm intro
- Not required
- Involvement
- Advisor
- Fund status
- Actively deploying
- Assets under mgmt
- $20M
- Decision process
- Partnership vote
Partners & team
4 contacts on file
Portfolio
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Recent activity
- Apr 2025
Starday
Seed · Investor
- Dec 2024
Zimi
Seed · Investor
Fearless Fund in the news
The Conversation
Before Trump, some states had already ended affirmative action for contractors – here’s what happened
1 month ago
LawFold.com
Fearless Fund Lawsuit: Full 2026 Case Breakdown
3 months ago
BET
Conservative Group Sues ‘Find A Black Doctor’ Directory Over Discrimination
3 months ago
Black Enterprise
Fearless Fund Officially Launches In Africa, Awards Over GH₵100K In Grant Money
5 months ago
Atlanta Daily World
Fearless Fund Africa awards GHS 100,000 to female founder, unveils fund programme In Ghana
5 months ago
CitiNewsroom.com
Fearless fund CEO calls for sustained support for Women-led businesses
5 months ago
Nonprofit Quarterly
Hispanic Scholarship Fund on Trial: Implications for Racial Equity Organizations
6 months ago
peopleofcolorintech.com
Fearless Fund Launches Microfinance Fund, Expands To Women-Owned Business Owners In Ghana
6 months ago
AfroTech
Fearless Fund Launches Microfinance Fund To Support Women Entrepreneurs In Africa, Beginning With Ghana
6 months ago
Black Enterprise
Fearless Fund Is Back, Taking Their Financial Backing To Women-Owned Businesses In Africa
6 months ago
revolt.tv
Fearless Fund takes its mission to Ghana with microfinance fund and pitch competition
6 months ago
Ghanaian Times
Fearless Fund expands to Africa…launches Microfinance Fund in Ghana
7 months ago
SXSW
Arian Simone to Co-Emcee the 2024 SXSW Pitch Awards
9 months ago
Yahoo Finance
How the Fearless Fund Survived a Racial Discrimination Lawsuit and Reinvented Itself
11 months ago
Yahoo Finance
Fearless Fund returns with the Fearless Global Initiative one year after DEI lawsuit
11 months ago
TheGrio
Fearless Fund returns with the Fearless Global Initiative one year after DEI lawsuit
11 months ago
AJC.com
A year after settling anti-DEI suit, Fearless Fund expands its mission
11 months ago
Inside Philanthropy
What’s Next for Philanthropy After the Fearless Fund Settlement?
Sep 2024
Balls and Strikes
The Conservative Legal Movement Doesn't Want Black Women to Stand a Chance
Sep 2024
CNN
Fearless Fund drops grant program for Black women business owners in lawsuit settlement
Sep 2024
ABC News - Breaking News, Latest News and Videos
Fearless Fund ends program for Black women, settling discrimination lawsuit
Sep 2024
NPR
A venture capital grant program for Black women officially ends after court ruling
Sep 2024
Crowell & Moring LLP
11th Circuit Grants Preliminary Injunction in Fearless Fund, Halting Privately-Funded Grant Program Promoting Black-Female Owned Businesses
Jul 2024
NPR
Grant program for Black women business owners is discriminatory, appeals court rules
Jun 2024
Lawyers' Committee for Civil Rights Under Law
Lawyers’ Committee Continues Fight for Racial Equity as Lawsuit Stalls Fearless Fund Grant Program
Jun 2024
The 19th News
Their businesses were transformed by a grant program for Black women. Its future is now at risk.
May 2024
The Washington Post
Can this firm invest in only Black women? This case will decide.
Apr 2024
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Research briefRead more
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