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Black-Owned Unicorns

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How Wemimo Abbey, Co-Founder Of Fintech Startup Esusu, Snagged An Investment From Serena Ventures

In January 2022, Esusu reached a $1 billion valuation — making the fintech company one of the few Black-owned unicorns in the U.S. and globally — as previously shared by AFROTECH. However, “Success isn’t built overnight” rings true for the company.

Ngozi Nwanji

Oct 5, 2023

Dr. Iman Abuzeid Is Now One Of A Few Black Women Founders To Lead A Billion-Dollar Company After Incredible Health's $80M Series B

Dr. Iman Abuzeid’s pivot into business has been far worth the leap. As previously reported by AfroTech, following her earning her medical degree, she co-founded Incredible Health — a platform that uses an algorithm to match hospitals to nurses — back in 2017. After two years, the San Francisco-based company raised $15 million in its Series A funding round. Now, Abuzeid has returned with a big win for healthcare workers and patients.

Ngozi Nwanji

Aug 18, 2022

Black-Owned Fintech Company Esusu Hits $1B Valuation

In the space of financial technology, Esusu hails as a leading platform. And, what’s more, it just hit unicorn status with the announcement of a $130 million funding round led by SoftBank Vision Fund 2. According to TechCrunch, the Series B round puts Esusu’s valuation at $1 billion, making it one of the very few Black-owned unicorns in the U.S. and beyond.

Ngozi Nwanji

Jan 27, 2022