Diverse Angels

Diverse Angels is a mission-driven angel group founded to promote diversity in the angel and venture capital communities. The organization is focused on increasing inclusive participation in wealth creation. It operates on a unique financial model that charges no management fees and no carry fees on profits, contrasting with the traditional fee structures in the industry. Diverse Angels is composed of investors from underrepresented backgrounds, including Black, Latinx, POC, women, and LGBTQ+ individuals. They invest in startups across various stages, sectors, and geographies, with a particular emphasis on supporting diverse founders. The organization seeks to leverage the strength and diversity of its community to identify and support high-potential founders.

Diverse Angels provides a unique financial model with no management or carry fees, allowing for more capital to be directed towards portfolio companies. The organization leverages its diverse network to support and mentor founders from underrepresented backgrounds.