The New Majority Invest

The New Majority Invest

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The New Majority Invest
The New Majority Invest
Featured Founders: September 2022
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Featured Founders: September 2022

Top 10 (+1) New Majority founders currently raising from YOU.

Mackenzie Loy's avatar
Mackenzie Loy
Feb 21, 2023
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The New Majority Invest
The New Majority Invest
Featured Founders: September 2022
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Runner

Talent gig marketplace

Industry: Tech, HR

Impact: Economic development

Team Diversity: Black founder, female founder, LGBTQIA+ founder

Investment type: Crowd SAFE

Deadline: September 21, 2022

Investor Perks: Free Runner t-shirt with $100 investment

Overview: Talent gig marketplace connecting operations talent to companies with a focus on inclusive startups. Founded and led by Arlan Hamilton, founder of Backstage Capital and a phenomenal champion of New Majority entrepreneurs. Launched last September and has grown 57% month over month since March 2022 with over 120 customers.


All3D

Creating virtual products and storefronts for manufacturers and retailers.

Industry: Tech

Impact: Sustainability

Team Diversity: Female founder, AAPI founder

HQ: San Francisco, CA

Investment type: Crowd SAFE

Deadline: September 27, 2022

Investor Perks: Free bag of dog food with $500 investment

Overview: B2B SAAS business that offers cloud-based 3D software for the manufacturers and retailers (such as Home Depot) to sell their products "virtual-first." Customers are signing annual subscriptions for $5-$11k per month. Team - HBS Founder with multiple successful exits and Stanford ex-Apple CTO. They were founded in March 2020, achieved $434K sales in 2021 with a $860K net loss in 2021. In May 2022, hit $1M ARR with $1.4M in signed contracts. $27T market opportunity. Raised $1.2M from VCs and angels.


Sensate

Patented relaxation device focused on reducing stress

Industry: Wellness, hardware

Impact: Mental health

Team Diversity: Female founder

HQ: Los Angeles, CA

Investment type: Common stock, priced round

Deadline: April 30, 2023

Investor Perks: 1 Sensate and access to Sensate Masterclass with Inventor Stefan Chmelik with $2,500 investment

Overview: Formerly UK-based company, now based in LA. Venture and angel backed. Campaign launched August 16. $2.8M in 2021 revenue and 363% annual growth, although not reflected in their financials as they changed the company structure in HQ re-location to LA. Founder is offering meetings to investors considered $15K checks. Over $1M invested from over 300 investors.

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