Fifth Star Funds

📍 Chicago, United States🗓 Founded 2020👥 11 employees💰 Last funded Nov 2022
Venture Capital and Private Equity Principals🌐 fifthstarfunds.com
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Fifth Star Funds is a venture philanthropy fund seeking to address the funding epidemic in America where only 1% of venture capital is awarded to Black founders. We accomplish this by investing in Black tech founders in Chicago at the early stage “Friends & Family” round. We believe the funding gap at this stage is the most critical to address, as centuries of inequity have prevented these potential entrepreneurs from having the initial capital to start their businesses. Any individual, corporation, or foundation can contribute to the fund as a tax-deductible donation, and 100% of all returns from successful investments are reinvested into the fund to support future generations of underrepresented founders. We are partnered with leaders in the industry such as 1871, Winston & Strawn, Tides.org, and many more. The Chicago flag features four stars that represent pivotal events in our city’s history; we contend that the Fifth Star belongs to underrepresented founders and the extraordinary impact they will have on our city’s future.
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Total investors
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Late stage
2020
Founded

Investors

1 investors
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Investor geography1 country
United States
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Frequently asked questions
Who invested in Fifth Star Funds?
Fifth Star Funds has 1 investors on record on gritt.io, including 1 early-stage backers.
When did Fifth Star Funds last raise funding?
The most recent investment in Fifth Star Funds recorded on gritt.io was in November 2022.
When was Fifth Star Funds founded?
Fifth Star Funds was founded in 2020.
What industry is Fifth Star Funds in?
Fifth Star Funds operates in Venture Capital and Private Equity Principals. Find similar Venture Capital and Private Equity Principals investors on gritt.io.
Where is Fifth Star Funds based?
Fifth Star Funds is headquartered in Chicago, United States.