Black Tech Nation Ventures
BTN.vc is a pre-seed and seed-stage venture platform targeting first-quartile returns by leading investments nationally in high-impact software companies (i.e., with potential for multi-$100m exits). Favored sectors include edtech, fintech, healthtech, climate change, and culture-based markets. We are very intentional about broadening access to capital markets: all our founder/CEOs are diverse (75% Black, 75% Women, others Latinx, Asian).
Our partners have decades of venture experience managing multiple funds, building companies worth over $19b. Our fund team is largely diverse (85% Black, 60% Women). We are generally first institutional investors in our companies, leading/co-leading seed rounds of about $2m-$3m at valuations in the $5m-$15m range. Companies should run on this capital for 18-24 months, generating about $1m in revenue. We’ll then help them secure up-round follow-on financing to fuel growth from our network of over 100 co-investors (over $4b to date).
Stage of capital: Pre-Seed, Seed
Location: Pittsburgh, PA
Fund manager diversity: Woman-led, Black and African American led
Diversity focus: Women, Black and African American, Hispanic-Latino, Asian American and Pacific Islander, Native American
Industry focus: Environmental Sustainability, General Tech- and Tech-Enabled, B2B, Fintech and Payments, Healthcare and Wellness (incl. FemTech), Future of Work and Living (incl. Education/EdTech)
Min and max capital: $250,000 - $1,000,000