BLCK VC is a venture capital and private equity firm that connects, engages, and empowers black venture investors. It was founded by Frederik Groce and Sydney Sykes in 2018 and is based in San Francisco, with branches in New York and Los Angeles.
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Nonprofit firm BLCK VC teamed up with Sequoia Capital and Lightspeed Venture Partners to launch a network that supports the next generation of Black investors.
The program has a goal of training 300 students over the next three years to create a network of Black investors and advisors who can begin writing checks to make investments. This is an attempt by these groups to bring some meaningful change to an entrenched investment system. In fact, BLCK VC was formed in 2018 with this goal in mind.
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