Organization · Venture Capital
Black Star Fund
Black Star Fund is a Black-led venture capital firm based in Sacramento, focusing on early-stage investments in Black founders across the United States and Africa. The firm emphasizes supporting high-growth companies that have been historically overlooked.
Overview
What Black Star Fund does
What Black Star Fund is
Black Star Fund is a Black-led venture capital firm based in Sacramento, focusing on early-stage investments in Black founders across the United States and Africa. The firm emphasizes supporting high-growth companies that have been historically overlooked.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 2018
- Approximate age
- About 8 years
- Structured capabilities
- Funder
- Last reviewed
- May 5, 2026
Official channels
Find Black Star Fund elsewhere
Open the official website or a supported primary organization account.
Capability profile
Black Star Fund as a funder
Investment thesis
Black Star Fund invests in Black-led high-growth companies, targeting founders who have been historically overlooked and undervalued. The firm believes these companies represent a new asset class capable of outsized returns.
Focus narrative
Black Star Fund invests in early-stage companies across various sectors, including Technology, Consumer Goods, and Media & Entertainment. The firm emphasizes investing in Black-led companies, particularly those founded by Black women, and aims to hyper-accelerate their growth through high-touch portfolio management and a robust network of decision-makers.
Value beyond capital
Black Star Fund provides more than just capital; it offers high-touch portfolio management, access to a robust network of decision-makers, investment syndication, partnership introductions, and marketing/media support to help its portfolio companies thrive.
Focus and fit
- Stages
- Seed · Series A
- Regions
- United StatesAfrica
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 19
Portfolio context
Notable portfolio companies include: Actively Black - A premium athleisure brand focused on reinvesting in Black communities. CEEK Metaverse - A blockchain-based platform for virtual events and entertainment. Reviver - A company led by Neville Boston, details not disclosed. Partake - An allergy-friendly snack brand known for gluten-free, vegan cookies. Take Back The Mic Studios - A media and entertainment company founded by Derrick Ashong. Win-Win - Founded by Mike T. Brown, details not disclosed. Bandwagon - Founded by Harold Hughes, details not disclosed. Mixtroz - A networking and event-technology company co-founded by Kerry Schrader and Ashlee Ammons. AYO Foods - Co-founded by Perteet Spencer & Fred Spencer, details not disclosed. The MOST - Founded by Dawn Myers, details not disclosed. Vurple - Founded by Josh Welton, details not disclosed. Acclinate - A digital health platform increasing representation in clinical trials. ViuHealth - Co-founded by Kwaku Owusu & Melanie Igwe, details not disclosed.
Common questions
What to know about Black Star Fund
Upseed classifies Black Star Fund under the Venture Capital organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
May 5, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.