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New Age Capital

New Age Capital is a thesis-driven seed stage venture capital firm that invests in tech and tech-enabled startups founded and led by Black and Latino entrepreneurs. We invest in companies with high growth potential at the seed stage which means: the founder(s) have deep domain expertise and unique insights within their industry, the team displays operational excellence and financial discipline early in the company’s life, and a product is in market with early customer traction and some revenue. We are sector agnostic and lead seed rounds of $1.5-$3M with an average check size of $900K targeting 10-15% ownership.

Stage of capital: Seed

Location: Dallas, TX

Fund manager diversity: Black and African American led

Diversity focus: Black and African American, Hispanic-Latino

Industry focus: 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: $850,000 - $1,000,000

Ivan Alo and LaDante McMillon

Ivan Alo
General Partner

LaDante McMillon
General Partner