New Majority Capital Announces Seed Round From Community Investors
PRIVATENov 29, 2022
Round Type
Seed
ProvidenceFinancial ServicesFinance
Investors
New Majority Capital
Description
New Majority Capital (NMC), a DEI Impact firm today announced the raising of its seed round funding from a community of investors using the WeFunder platform.
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Company Information
Company
New Majority Capital
Location
Dyer Street
Providence, Rhode Island, United States
About
New Majority Capital is a Pending B Corp impact organization working to create a better financial future for all by increasing the number of underrepresented small business owners. NMC takes a systems-change approach to making the path of small business "asset" ownership more accessible to BIPOC and Women. NMC's theory of change is that asset ownership leads to inter-generational wealth and is an underutilized tool to help close the wealth gap. NMC was founded by Harvard, MIT and Babson alumni.
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