TLDR:
- Seae Ventures aims to diversify both founders and funders in the venture capital industry.
- They focus on investing in early-stage healthcare technology and services companies founded by diverse entrepreneurs.
The article discusses the efforts of Seae Ventures, a venture capital firm, to subvert the traditional pattern recognition in the industry and support a diverse range of founders and companies. The firm, founded by Jason Robart and Tuoyo Louis, focuses on investing in early-stage healthcare technology and services companies founded by diverse entrepreneurs. Seae Ventures aims to address the lack of diversity in both investments and investment partners, particularly concerning women and minority founders.
Despite the underrepresentation of women and minorities in investment roles, Seae Ventures has made significant strides in supporting BIPOC-led and women-led companies. The firm’s portfolio includes companies like Tia, a health clinic for women, and Cayaba Care, which provides pre- and post-natal care to women in Philadelphia. These companies aim to address healthcare disparities and provide tailored solutions to underserved populations.
Seae Ventures recently acquired Unseen Capital, a venture firm also focused on healthcare solutions by underrepresented founders. The acquisition allows both firms to continue their missions and honor the legacy of Kayode Owens, the founder of Unseen Capital. The article concludes by highlighting the importance of mentorship programs and opportunities for HBCU students to diversify the venture capital industry and improve prospects for historically overlooked and underserved populations.
