New Day Ventures is an Angel Venture Capital firm focused on investing in enterprise software companies founded by People of Color.
We offer funding, virtual accelerator, advising, & support. This includes access to our extensive enterprise software ecosystem composed of:
-current & retired executives
-domain experts
-university students
-strategic investors
-portfolio founders
Our goal is to help enterprise software companies grow and scale from initial investment to a successful "Early Exit" and to avoid the "traditional" VC fundraising/moonshot path.
Values:
-Integrity
-Customer Success
-Continuous Learning
-Flawless Execution
-Strategic Patience
-Full Transparency
-Stellar Results
-Financial Prudence
Mission:
-Deliver stellar financial returns by supporting and investing in early stage enterprise software companies founded by People of Color located primarily in "overlooked" U.S. cities and regions
-Expand the People of Color ecosystem in enterprise software: New Day Equity (i.e., "Drink our own champagne")
-Help generate 1 million new jobs in the next 15 years
Market Results & Proof:
29.02% IRR at Kapor Capital Impact Fund which is committed to closing gaps of access & opportunity for communities of color in the U.S. Ranked in TOP QUARTILE of ALL venture funds of comparable size.