EIN News: Venture Capital Fund BROAD STREET VENTURES Announces Entertainment Execs INDIA ROBINSON and SARA LOVESTYLE as Investors
The black and brown athlete-led venture capital fund adds tech and consumer products to its final portfolio after a very successful year
UNITED STATES, February 24, 2022 /EINPresswire.com/ -- Broad Street Ventures (BSV), the first athlete-led venture capital fund fully funded by black and brown investors, announced today that India Robinson (Malcolm Inc chief marketing officer and co-founder of Listen Up Media) and Sara “Lovestyle” Hood (lifestyle entrepreneur, tech investor and media personality) are new investors in the fund, joining co-founder Malcolm Jenkins (2x Super Bowl Champion, New Orleans Saints) among other NFL players and industry leaders. BSV also announced its final slate of new early, growth and late stage tech and consumer products to its investment portfolio, including Instacart, Heliogen and Papa.
Mr. Jenkins and Ralonda Johnson, CIO of Malcolm Inc and BSV co-founder & general partner, along with a team of advisors manage BSV’s $10 million vehicle. Their investment portfolio includes companies like Airbnb, Epic Games, Turo, NoBull, Automattic, Udemy, Dapper Labs, Therabody (Theragun), Preziba (Signos), Instacart, Papa and ZenWtr.
SARA LOVESTYLE, CEO, BELAY & BELL; TECH INVESTOR, MEDIA PERSONALITY
“The financial wealth gap for people of color, especially for black women, is undoubtedly high. As a black female investor, I’m typically left out of deals that garner true generational wealth. Joining Broad Street Ventures gives me the opportunity to gain access to the best deals along with the ability to educate other brown and black investors to not only expand their basic knowledge of financial literacy, but hopefully open the door for more to join.”