Fund Black Founders
Fund Black Founders is a rewards-based crowdfunding platform founded in 2019 in New York that connects Black-owned small businesses and startups with individual backers, operating as a niche community-focused funding ecosystem.
- Company typePrivate
- Founded2019
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2C
- OfferingDigital Commerce or Content
What Fund Black Founders does
Fund Black Founders is a private, for-profit crowdfunding platform founded in 2019 and based in New York that operates as a rewards-based funding ecosystem aimed at Black-owned small businesses and startups. The platform's product surface, as observable from its website navigation, includes a campaign manager for creators, a pledge history view for contributors, a message center for communications, profile and payment settings, and an administrative dashboard, suggesting a standard two-sided marketplace architecture connecting Black-owned ventures with individual backers.
The company's business model is described as rewards-based crowdfunding, implying revenue mechanics tied to platform fees, transaction percentages, or value-added services on campaigns created and funded through the platform; however, no pricing model, take rate, or revenue figure is disclosed in the available data. Go-to-market appears to be community-driven, targeting an underserved demographic of Black entrepreneurs rather than competing head-on with generalist platforms. The company is founder-led by Renee King (Founder & CEO) and operates with a small team of 1-10 employees.
Capitalization is limited: the only disclosed funding event is a $100,000 investment from Google for Startups in June 2021, with Google for Startups as the lead investor. No subsequent funding rounds, revenue, GMV, active user counts, partnerships, customer logos, or strategic transactions are disclosed. The input source material from the company's own website consists almost entirely of page navigation scaffolding rather than substantive content, which materially limits the depth of verifiable claims about operations, traction, or product differentiation.
Fund Black Founders firmographics
Firmographics- Name
- Fund Black Founders
- Website
- https://fundblackfounders.com
- Company type
- Private
- Founded year
- 2019
- Headcount range
- 1–10 employees
- Short description
- Fund Black Founders is a rewards-based crowdfunding platform founded in 2019 in New York that connects Black-owned small businesses and startups with individual backers, operating as a niche community-focused funding ecosystem.
- Ownership category
- akta.pro rank
Fund Black Founders industry classification
Industry- Product category
- Crowdfunding Platform
- NAICS
- Grantmaking and Giving Services (81321), Social Advocacy Organizations (8133)
- SIC
- Loan Brokers (6163)
- akta.pro primary industry
- Creator Fundraising & Crowdfunding Platforms (Recurring/Project-Based) (MPACAFAJ)
- akta.pro secondary industry
- Community Foundations (BPAGAKAB)
Keywords
Where Fund Black Founders is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Markets served
Fund Black Founders business model
Business model- GTM type
- B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
Fund Black Founders product offering
Product offeringCore offering
Fund Black Founders operates a rewards-based crowdfunding platform and funding ecosystem that enables Black-owned small businesses and startups to launch and manage online fundraising campaigns. The platform connects these campaign creators with a community of individual backers who pledge funds in exchange for rewards, providing tools for campaign creation, contribution tracking, and backer communication.
Product overview
Fund Black Founders is a crowdfunding platform that enables users to create and manage fundraising campaigns. Based on the navigation structure observed, the platform includes a campaign manager for campaign creators, a pledge history section for contributors, message center for communications, profile settings, payment settings, and an admin dashboard. However, the source data provides only navigation/page structure without detailed product descriptions or named individual products/modules.
Differentiator
Problem solved
Functional benefit
Products and services
- Fund Black Founders Crowdfunding Platform Web-based rewards-based crowdfunding platform that enables Black-owned small businesses and startups to create, manage, and promote fundraising campaigns and connect with individual backers who pledge funds in exchange for rewards. Includes an integrated campaign manager, pledge history tracker, in-platform messaging center, payment settings, and admin dashboard.
Companies that use Fund Black Founders
Customer profileIdeal customer profiles2 records
Fund Black Founders technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Fund Black Founders partnerships and signals
Strategic signalRecent moves3 records
Expansion highlights3 records
Fund Black Founders competitors and assessment
Company assessmentDirect peers
- Kickstarter: The dominant rewards-based crowdfunding platform for creative and entrepreneurial projects. Directly comparable to Fund Black Founders on business model (marketplace taking a fee on creator-raised funds), target user (project creators seeking capital from a crowd), and category of capital formation.
- Indiegogo: Major rewards-based crowdfunding platform competing with Kickstarter on creative and entrepreneurial campaigns. Directly comparable on marketplace mechanics, fee structure, and the challenge of building a two-sided network of creators and contributors.
- GoFundMe: The largest donation-based crowdfunding platform, including personal, charitable, and small-business fundraising. Comparable as a general-purpose crowdfunding marketplace where individual creators and small businesses can raise capital from a broad contributor base.
- iFundWomen: Crowdfunding and education platform specifically built for women entrepreneurs. Closely comparable to Fund Black Founders as a demographic-focused crowdfunding platform that combines rewards-based fundraising with creator education and a curated community.
- Republic: Multi-asset crowdfunding platform offering both rewards-based and equity crowdfunding for startups and small businesses. Comparable business model and target segment (early-stage ventures seeking community-driven capital).
- Wefunder: Equity crowdfunding platform enabling broad retail investor participation in early-stage startups and small businesses. Directly comparable as a marketplace helping small businesses and startups raise capital from a distributed contributor base under SEC Regulation Crowdfunding.
- StartEngine: Equity crowdfunding platform enabling startups and small businesses to raise capital from retail investors. Comparable on marketplace mechanics, regulated capital formation, and serving the same underserved founder demographic.
- MainVest: Revenue-sharing crowdfunding platform focused specifically on small businesses and Main Street entrepreneurs (restaurants, retail, services). Highly comparable target segment (small businesses rather than tech startups) and rewards/revenue-share mechanics.
- Honeycomb Credit: Crowdfunding platform offering small businesses crowdfunded loans from a community of local lenders. Comparable as a small-business-focused capital formation marketplace with regulatory structure and contributor onboarding.
Emerging players
- SMBX: Alternative funding marketplace issuing revenue-share 'Small Business Bonds' to community investors for SMBs. Comparable on the niche of community-funded small business capital and a regulated, marketplace-style funding experience.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights4 records
Customer concentration
Fund Black Founders social profiles
Digital presenceFund Black Founders financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fund Black Founders leadership team
Management profileNumber of profiles
Profiles1 record
Fund Black Founders funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fund Black Founders M&A and investment
M&A and investmentM&A
Investments14 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fund Black Founders
What does Fund Black Founders do?
Fund Black Founders operates a rewards-based crowdfunding platform and funding ecosystem that enables Black-owned small businesses and startups to launch and manage online fundraising campaigns. The platform connects these campaign creators with a community of individual backers who pledge funds in exchange for rewards, providing tools for campaign creation, contribution tracking, and backer communication.
When was Fund Black Founders founded?
Fund Black Founders was founded in 2019. It employs 1 to 10 people.
Where is Fund Black Founders based?
Fund Black Founders is headquartered in New York, United States, in the North America region.
Who are Fund Black Founders's main competitors?
Direct peers on record are Kickstarter, Indiegogo, GoFundMe, iFundWomen, Republic, Wefunder, StartEngine, MainVest and Honeycomb Credit. SMBX is listed as an emerging player.
Does Fund Black Founders have an API?
No public API is recorded for Fund Black Founders.
What industry is Fund Black Founders in?
Fund Black Founders's product category is Crowdfunding Platform. Its primary akta.pro industry code is MPACAFAJ, Creator Fundraising & Crowdfunding Platforms (Recurring/Project-Based), with a secondary code of BPAGAKAB, Community Foundations. Its NAICS code is 81321 and its SIC code is 6163.