Kapor Capital, Black-led VC firm focused On ‘Impact,’ raises $126 Million

Mitch Kapor and Freada Kapor Klein founded a venture capital firm in 2011 with a counter-intuitive mission: to generate elite investment returns by investing in impact-focused startups that help level the playing field in financial services, healthcare, and other industries.

Now, more than a decade later, the firm they founded, Kapor Capital, is taking its biggest step yet—becoming one of the largest Black-led firms in a VC landscape that has seen funding to Black entrepreneurs decline this year.

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