Backstage Capital

Investment adviser focused on people of color, women and LGBTQ+ founders

Security Type: Membership Units
Categories: Financial Services
Min Investment: $100
Location: Los Angeles, CA
Offering Date: February 01, 2021
Expected Close Date: April 30, 2021
Target Raise: $100.00K-$1.07M
Deal Notes: Security Type: Crowd IPA

Company Description

Vision Creating a world of opportunity for underserved foundersOur focus on helping people of color, women and LGBTQ+ fund their businesses means that we are redefining the manner in which these companies succeed.Backstage Capital aims to create a world in which underserved founders have readily accessible capital in order to build tomorrow's leading companies.

Key Deal Facts

Investment adviser focused on people of color, women and LGBTQ+ founders
Team has invested in 160+ companies led by underrepresented founders
First 100 companies raised $250M+ and created over 500 jobs
Estimated 4 trillion dollars unrealized in VC due to the lack of diversity
Co-investors Sequoia Capital, Initialized, Y Combinator, Techstars + more
Investors include Marc Andreessen, Stewart Butterfield, Ellen Pao + more

Management Team / Advisory Board Bios

Arlan Hamilton
Founder, Managing Partner
Arlan Hamilton (Founder and Managing Partner) has been featured on the cover of Fast Company magazine as the first Black woman non-celebrity to do so, and is the author of “It’s About Damn Time” and host of the weekly podcast “Your First Million”.

Christie Pitts
General Partner
Christie is a General Partner at Backstage Capital, where she is an active startup investor, and leads Backstage's global Accelerator.

Brittany Davis
General Partner
Brittany is a General Partner at Backstage Capital, where she brings experience sourcing early-stage ventures for investment, conducting diligence, and managing an investment pipeline.

Chacho Valadez
Principal
Chacho Valadez is a Principal at Backstage Capital and Chief of Staff to Founder and Managing Partner, Arlan Hamilton.

Deal Notes

Security Type: Crowd IPA

Amount Raised : $5,000,000

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Security Description

Membership Units represent ownership rights in a Limited Liability Company, indicated by the right to receive cash or unit distributions, declared by the Manager(s) of the LLC, and having voting rights in the governance of the Company.

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