The narrative of black colored founders, especially a woman that is black, struggling to boost capital raising due to their companies happens to be all too familiar.
But there are those who find themselves finding success. Cherae Robinson, the creator of travel tech company Tastemakers Africa, shut on a $1.6 million seed round of capital in October of 2019.
The round had been led by Precursor Ventures, and Robinson credits its creator and handling partner with not merely providing Tastemakers the money it had a need to build its marketplace out of travel experiences but offering it credibility along with other VCs.
“Having Charles Hudson, that is A african us investor that has plenty of respect into the endeavor community, additionally type of de-risked it for people, ” she claims.
Other investors when you look at the round included Pipeline Angels, Flybridge Capital Partners, and former Expedia CEO Erik Blachford.
In a special meeting with Ebony Enterprise, Robinson stocks just exactly how she got comfortable with by herself as being a founder, did the job, leveraged her community, shared with her tale, and raised the income she required: