Venture Capital

Fearless Fund

Investment Details

Investor Type
Venture Capital

Asset Class Focus
Venture Capital

Stage Focus
Pre-Seed, Seed, Series A

Geographical Focus
United States

Industries Focus

  • Financial Services
  • Technology
  • Healthcare
  • Energy
  • Consumer Goods
  • Real Estate
  • Telecommunications
  • Media
  • Retail
  • Education
  • Agriculture
  • Transportation
  • Hospitality
  • Manufacturing
  • Professional Services

Investor Details Founded: 2019

Fearless Fund is a venture capital firm based in Atlanta, Georgia, dedicated to investing in women of color-led businesses seeking pre-seed, seed, or Series A financing. The firm aims to bridge the gap in venture capital funding for women of color founders building scalable, growth-oriented companies. Since its inception in 2019, Fearless Fund has invested nearly $27 million into approximately 40 startups led by women of color, with a portfolio that includes companies in sectors such as technology, consumer goods, healthcare, and retail. The firm has also awarded an additional $3.7 million in grants to support these entrepreneurs. In June 2024, Fearless Fund received follow-on investments from Bank of America, Costco, and Mastercard, demonstrating continued support for its mission. However, in September 2024, the firm agreed to terminate its Strivers Grant program for Black women-owned businesses to settle a lawsuit alleging discrimination. Despite this, Fearless Fund remains committed to empowering under-resourced entrepreneurs and continues to focus on providing funding and mentorship to women of color founders across the United States.

Requirements
  • Women of color-led businesses
  • Seeking pre-seed, seed, or Series A financing
  • Scalable, growth-oriented companies
Contact

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Portfolio Companies
  • Slutty Vegan
  • Live Tinted
  • Partake Foods
  • The Lip Bar
  • Mented Cosmetics
  • The Honey Pot Company
  • Blavity
  • CurlMix
  • Sienna Naturals
  • TGIN (Thank God It's Natural)
  • Black Girl Sunscreen
  • Juvia's Place
  • Pat McGrath Labs
  • Fenty Beauty
  • Mielle Organics
  • Kendra Scott
  • SheaMoisture
  • Carol's Daughter
  • Eden BodyWorks
  • Camille Rose Naturals
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