How to raise venture capital as a Black female founder

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How to raise venture capital as a Black female founder
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A Black woman's guide to venture-capital fundraising: How to pitch investors, build a support network, and raise millions.

, said. Her company raised a $2 million seed round in July 2020, led by Bloomberg Beta and Alpine Meridian.

"One of the most important things you can do is collaborate, communicate, ask for help, and be vulnerable with a group of women who are going through the same thing," Dufu said. These women"can help hold you accountable but also remind you that you're not going crazy," she added. Nearly all the Black women Insider spoke with said finding people to discuss the pressures of their journeys with helped create relationships in the sector, which can lead to advice on which venture-capital firms to pitch and introductions. joined a support network for Black women in tech, Visible Figures, to discuss topics such as hiring and fundraising.

"Never go it alone," said Smith, who's raised a total of $12 million in venture capital since she launched AllHere in 2017."There's a community of women who have raised and who are eager to share what worked for them and what didn't."​​One of Silicon Valley's most exclusive clubs just got bigger. Here's a list of Black women who raised more than $1 million in VC funding last year.

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