Diverse Angels



Increasing representation of diverse investors in the angel & venture capital communities

  • 101 - 250



Blockchain,Cryptocurrency,E-Commerce,Gaming,Health Care,Internet,Marketplace,Payments,Software,Virtual Reality
Founded date
Jan 1, 2021
Number Of Employee
101 - 250
Operating Status
Investor Type
Angel Group,Venture Capital

Diverse Angels is an angel group for current & aspiring investors from underrepresented and diverse backgrounds (People of Color, Women, LGBTQ+) to come together and share access to opportunities for ownership in early-stage tech companies.

The mission to increase representation of diverse investors as a means to address the systemic wealth gaps, notably the racial wealth gap in the US. With a focus on bridging wealth gaps & disparities, Diverse Angels is a B-Corporation that is supported 100% by volunteers and charges no fees to the community though its 0/00 model.

This innovative 0/00 model (0% management fees are charged and 0% of carried interest - i.e. profit) was put into place to remove barriers and costs that could prevent diverse angels (especially first-timers) from participating in deals. The 0/00 model also ensures that the angels’ maximum amount of capital is deployed to allow for the maximum amount of upside.

In search of the best founders, Diverse Angels leverages the size, strength, and diversity of its member base to maintain high standards of investment rigor. There are intentional efforts to source & meet founders from all backgrounds and it is a priority that the majority of Diverse Angels’ investments are made into Diverse Founders (People of Color, Women, LGBTQ+).


Number of Investments
Number of Lead Investments
Diverse Angels has made 19 investments. Their most recent investment was on May 9, 2022, when Cassava Network raised $8M.
Date Company Name
Round Money Raised Industry Lead Investor
May 9, 2022 Cassava Network
Seed $8M Cryptocurrency
May 6, 2022 Neomoon
Seed $850K Banking
May 4, 2022 Belo
Seed $3M Banking
Apr 22, 2022 Flowty
Seed $4.50M Blockchain
Apr 22, 2022 Yakoa
Pre-seed Blockchain