Fearless Fund is the first venture capital firm built by women of color (WOC) for women of color, investing in under-resourced entrepreneurs building scalable, growth-aggressive companies. The firm focuses on pre-seed, seed, and Series A stage businesses across consumer, fintech, and technology sectors.
37% of their portfolio is in Consumer. Their most common stage is seed (47% of deals). Average disclosed round size is $21.4M (across 18 rounds with reported amounts).
Portfolio
16
Fund Size
—
Top Stage
Seed
Last 12 Mo
0
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
19 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| ZZimi | Seed | $2M | Dec 2024 |
 The Renatural | Seed | $2M | Jan 2024 |
 LS Cream | Unknown | — | May 2023 |
 CommunityX | Seed | $2M | Feb 2023 |
 Lip Bar | Series A | $6.7M | Oct 2022 |
 The Folklore | Pre-Seed | $1.7M | Apr 2022 |
 Oui The People | Seed | $3M | Feb 2022 |
 TRAVELSIST | Series A | $850K | Jan 2022 |
 Kushae | Seed | $1.3M | Jan 2022 |
 Goalsetter | Series A | $15M | Dec 2021 |
 Live Tinted | Seed | $3M | Sep 2021 |
 Akili Interactive Labs, Inc. | Series D | $110M | May 2021 |
| AAkili, Inc. | Series D | $110.0M | May 2021 |
 AMP Beauty LA | Seed | $8M | Jan 2021 |
| AAkili, Inc. | Series D | $110M | Jan 2021 |
| SShearshare | Seed | $2.3M | Dec 2020 |
 The Cru | Unknown | $5M | — |
| TRAVELSIST | Pre-Seed | $2M | — |
| TRAVELSIST | Seed | $1M | — |
Top Co-Investors
New Leaf Venture Partners3 shared
QUAD Investment Management3 shared
M Ventures3 shared
Baillie Gifford3 shared
Neuberger Berman3 shared
Amgen Ventures3 shared
Polaris Partners3 shared
Evidity Health Capital3 shared
Gaingels2 shared
Precursor Ventures2 shared
Backstage Capital2 shared
Mirae Asset2 shared
JAZZ Venture Partners2 shared
Noemis Ventures2 shared
Y Combinator1 shared
Slauson & Co.1 shared
Astia1 shared
VMG Catalyst1 shared
Last updated: 8 September 2026