FinTech news in Kapor Capital category

In a previous interview Dixon said he wanted to increase the number of founders who identify as women and/or an underrepresented person of color in the portfolio to above 50%; with this fund, 46% of investments have a founder who identifies as a woman, 53% of investments have a founder who identifies as Black and all investments have a founder who identifies as an underrepresented person of color. The fund signals a change in how Kapor Capital does business: Beyond being the first that is led by the two newly announced managing partners, Fund 3 is the first investment vehicle funded by outside investors (not just the co-founders). The fintech and edtech investor then became one of the first and youngest African-American partners at any Silicon Valley venture capital firm, including Kapor Capital, the firm says. Onovakpuri, meanwhile, founded Kapor’s Capital Fellows program and has worked at firms including Village Capital and Fresco Capital.