
Harlem Capital Partners
Description
Harlem Capital Partners is a New York City-based early-stage venture capital firm established with a clear mission to invest in minority and women founders. Since its inception, the firm has distinguished itself by focusing on tech-enabled startups at the Seed and Series A stages, actively working to diversify the venture capital landscape and empower underrepresented entrepreneurs. Their investment thesis centers on identifying high-growth potential companies led by diverse teams, providing not just capital but also strategic support and access to their extensive network.
The firm has demonstrated significant growth in its fundraising efforts, reflecting increasing investor confidence in its strategy and impact. Harlem Capital closed its inaugural fund, Fund I, at $40 million in 2019, followed by a substantially larger Fund II at $134 million in 2021. Most recently, in 2023, they announced the close of Fund III with $140 million in commitments, bringing their total assets under management to over $300 million. With Fund III, Harlem Capital typically deploys initial checks ranging from $1 million to $3 million for Seed-stage companies, with the capacity for follow-on investments. Their portfolio already boasts over 100 companies across various sectors, including fintech, healthcare, and enterprise SaaS.
Beyond financial investment, Harlem Capital is deeply committed to fostering an inclusive ecosystem. They are known for their hands-on approach, providing operational guidance, talent acquisition support, and strategic advice to their portfolio companies. Their dedication extends to publishing research on diversity in venture capital and actively engaging in initiatives to promote equitable access to funding. By championing founders from diverse backgrounds, Harlem Capital is not only building a robust portfolio but also driving meaningful change within the startup and investment communities, aiming to create generational wealth and impact.
Investor Profile
Harlem Capital Partners has backed more than 67 startups, with 1 new investments in the last 12 months alone. The firm has led 39 rounds, about 58% of its total and boasts 7 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
- Majority of deals are located in United States, Kenya, Peru.
- Strong thematic focus on Software, SaaS, Information Technology.
- Typical check size: $1M – $3M.
Stage Focus
- Seed (81%)
- Series A (9%)
- Pre Seed (9%)
- Series Unknown (1%)
Country Focus
- United States (96%)
- Kenya (3%)
- Peru (1%)
Industry Focus
- Software
- Saas
- Information Technology
- E-commerce
- Artificial Intelligence (Ai)
- Financial Services
- Fintech
- Machine Learning
- Health Care
- Retail Technology
Frequently Asked Questions
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