Showing 301 results for:

Black Woman Founders

by Topic

All results

301
Though She Missed The NIL Wave, Gabby Thomas Has Been Able To Invest In Her Brand With The Backing Of New Balance As Her First Sponsor

Gabby Thomas is chasing purpose not a check. The Harvard University alum and track runner, who boasts several gold medals at the Olympic level, has remained grounded throughout all her success over the years. This she attributes to her upbringing in a single-parent household. Thomas views her mother, Jennifer Randall, as a “superhero” and credits her for the work ethic that she carries today on and off the field. According to information shared on the Olympics page, Randall moved her family to Massachusetts from Georgia with few financial resources so she could obtain a Ph.D. while teaching. Today, she is a professor at the University of Michigan, her LinkedIn states. “She showed me what leading with work ethic and compassion looks like on a daily basis,” Thomas told AFROTECH™ in an email interview. “Furthermore, she led with a focus on education and giving back. She taught me that leaving a place better than you found it is not only the nice thing to do, but the right thing to do....

Apr 23, 2025

Op-Ed: Target CEO Meets With Al Sharpton To Discuss DEI Rollback, But Should He Still Be Speaking For Us?

Editorial Note: Opinions and thoughts are the author’s own and not those of AFROTECH™. Often, those who rank in seniority get to speak for the broader community. How long does that work though, and how long should it last? It’s a question that comes up whenever someone of a previous generation is asked to speak or is seen as a representative during a current crisis a community is facing. AFROTECH™ previously reported that after Target rolled back its commitments to DEI, the retail store has seen a decline in foot traffic for the past 10 weeks. Target was one of the brands that, in the wake of the murder of George Floyd in 2020, put a lot of time and money towards pushing for racial justice and diversity, equity, and inclusion across the board. After the decline, The New York Post reported that Target CEO Brian Cornell met with Reverend Al Sharpton about its DEI policies, but should Sharpton be the one speaking for us? Sharpton came to prominence during the 1970s with his focus on...

Apr 21, 2025

Dr. Christine Izuakor Launched A Marketplace Connecting Small Business Owners To Top Cybersecurity Experts

Dr. Christine Izuakor is making it easier for people in technology to forge meaningful connections. The Houston, TX, native is a cybersecurity professional with over a decade of experience leading cybersecurity functions at Fortune 100 companies. Her career journey could have looked very different had she pursued the medical field, a path favored by her Nigerian parents. However, she “failed miserably” in her attempt to become an eye doctor. Her pivot came after taking a course on encryption, which sparked her interest in cybersecurity. “I immediately switched my major and went on to earn a Ph.D. in security engineering. From there, I spent about 10 years leading different security functions at United Airlines, was a graduate cybersecurity professor, and so that’s what really kind of got me into this space and then allowed me to grow,” she told AFROTECH™ in an interview. Cyber Pop-up Today, Izuakor works part-time as an adjunct professor in cybersecurity at various schools and...

Apr 17, 2025

Strategic Partnership Forms Between AFROTECH™ And The Gathering Spot To Ensure The Next Generation Of Executive Leaders Thrive

A strategic partnership has formed to empower Black leaders. AFROTECH™ and The Gathering Spot (TGS) will be teaming up to scale AFROTECH™ Insider, a membership program designed to place participants on a track of excellence in tech and business through exclusive conversations and meetups, such as fireside chats, panel discussions, cocktail hours, and personal branding privileges, including priority for speaking events such as the annual AFROTECH™ Conference and PR opportunities. By teaming up with The Gathering Spot — a private-membership club bridging the gap between community and culture — AFROTECH™ will be able to provide greater resources, relationship building, and platforms to scale organizations for the membership community, which consists of Black executives, founders, and visionaries. “The Insider program was built for the modern executive who isn’t just leading teams — they’re shaping industries,” said Morgan DeBaun, founder and CEO of Blavity Inc. “Our partnership with...

Apr 16, 2025

Monique Rodriguez Bet On Herself To Launch Mielle Organics By Leaving Nursing Behind And Putting Her Home On The Line

Entreprenuership is a risk that Monique Rodriguez was willing to take on. Business Risks Rodriguez is the co-founder of haircare brand Mielle Organics, which she launched with the help of her husband, Melvin. She shares on the “Black Tech Green Money” podcast, hosted by AFROTECH™ Brand Manager Will Lucas, that her earliest risk in her entrepreneurship journey was walking away from a stable position as a registered nurse. Melvin also took a leap, leaving his corporate role. Together, they trusted in what they believed was a vision from God and created a blueprint that ultimately led to success. “We didn’t just leave our jobs and say, ‘Oh, we don’t have a plan in place or we don’t have income.’ We had to have a solid plan in place to map out how we were going to get some type of income to still keep our bills afloat and food in our kids’ mouth. So we had to plan that out. But it was a huge risk of the unknown, of both of us turning away from our jobs,” Rodriguez mentioned on the...

Apr 15, 2025

Beyoncé’s Cécred Launches In Over 1,400 Ulta Locations And Has Already Doubled Its Weekly Sales Projections

Beyoncé haircare line is shattering projections at Ulta Beauty. As AFROTECH™ previously told you, in early 2024 the “Cowboy Carter” artist launched Cécred, a science-backed and self-funded haircare brand that was six years in the making, with inspiration from her mother Tina Knowles’ salon. Its products cater to all hair types and include a clarifying shampoo, scalp scrub, moisturizing deep conditioner, and r estoring hair and edge drops, which reached its first-year projections in just one month, WWD reports. View this post on Instagram A post shared by CÉCRED (@cecred) Cécred secured a retail deal with Ulta Beauty, bringing its products to 1,400 Ulta Beauty stores starting April 6, 2025. A party was held at Ulta Beauty’s Westwood location in Los Angeles, CA, to celebrate its launch with Beyoncé sharing kind words. “I grew up in a hair salon, as most of you guys know, with my mother, and this was [our] dream,” Beyoncé said at the event, according to Glossy. “Our team worked so...

Apr 9, 2025

Black-Woman-Led Growth Warrior Capital, Which Invests In Early-Stage Enterprise AI Companies, Secures $26M For Its First Fund

Growth Warrior Capital has raised new funding to support enterprise companies being fueled by artificial intelligence (AI). The operator-led venture firm, which invests in early-stage Enterprise AI companies, was created by Promise Phelon, a former Silicon Valley tech CEO with more than 15 years of experience as an angel investor. According to a news release shared with AFROTECH™, her career trajectory has led to an expansive network , some of whom have now invested in Growth Warrior Capital’s first fund, which totals $26 million. Limited partners include Ho Nam and Han Kim (Altos VC) and well as Seth Levine and Brad Feld (Foundry). Amazon Catalytic Capital, Bank of America, Bessemer Venture Partners, Pivotal Ventures, and more are also listed as limited partners. “My goal is to be the first VC fund of significant scale run by a woman of color,” Phelon, founder and managing partner, said in a news release. “We have the backing of VC industry legends, and their support is proof of...

Apr 9, 2025

3-On-3 Women's Basketball League Unrivaled Earned More Than $27M In Revenue In Its First Year

Unrivaled, a 3-on-3 women’s basketball league, had solid revenue in its first year. Investing In Its Athletes From The Start As AFROTECH™ previously reported, the Medley, FL-based league with 36 players was created by Napheesa Collier and Breanna Stewart and offers the highest-paid salaries in women’s sports, with an average salary of over $200,000. The league has also provided incentives to players, with $50,000 allocated to each player on the winning 2025 Playoffs team. This year’s reigning champion is the Rose BC, led by Coach Nola Henry and featuring players Brittney Sykes, Angel Reese, Kahleah Copper, Azura Stevens, Lexie Hull, and Chelsea Gray. View this post on Instagram A post shared by Rose BC (@rosebc) What’s more, Unrivaled is pushing the boundaries of what it means to invest in women’s sports. The league provides a makeup room, weight room, and daycare center for practice and games, per Front Office Sports, and it has partnered with Samsung as its official presenting and...

Apr 7, 2025

CoCo Gauff Launches Her Own Management Firm To 'Take Greater Ownership' Of Tennis Career

CoCo Gauff is on a mission to “take greater ownership” of her tennis career, starting with launching her own management agency. On Wednesday, April 2, Gauff, describing herself as an “athlete, entrepreneur, and changemaker,” announced the launch of Coco Gauff Enterprises. The initiative is supported by talent representation agency WME (William Morris Endeavor), which Gauff asserted has the “vision and resources to help me explore all of the opportunities ahead.” “From the moment I first picked up a tennis racket, I’ve always believed my purpose extended far beyond the court,” Gauff’s post said. “Today, I’m thrilled to announce CoCo Gauff Enterprises, a venture that reflects my passion for making an impact—not just in tennis, but in business, philanthropy , and beyond.”   View this post on Instagram   A post shared by Coco Gauff (@cocogauff) The venture marks the end of Gauff’s partnership with Team8, the boutique agency co-founded by former Swiss professional tennis player Roger...

Apr 4, 2025

Cardi B Has A Joint Venture With Revolve Group Where She Will Officially Launch Apparel And Beauty Brands

While fans are focused on new music, Cardi B is focused on creating generational wealth. Cardi B has aligned herself with various endorsement deals over the years from Pepsi, Reebok, NYX Professional Makeup, and Fashion Nova, which she worked with earlier on in her career. As AFROTECH previously told you, Fashion Nova paid the rapper $200 for every post back in 2016, two years before the release of her successful debut album “Invasion of Privacy.” That number went as high as $20,000 per month, according to Vox. In April 2024, she revealed she was earning over $5 million from brand deals. Cardi B has proven she is able to bring in the dough for companies, and over the past couple of years she is now doing the same on her own terms. In 2021, Cardi B launched Whipshots in partnership with Starco Brands, which sold 5 million cans within three years, a press release mentions. View this post on Instagram A post shared by Whipshots ™ (@whip_shots) Launching Apparel And Beauty Brands Cardi...

Apr 4, 2025

CODB, The Holding Company Co-Founded By Topicals CEO Olamide Olowe, Buys Bread Beauty Supply To Boost Black-Owned Haircare Brands

Cost of Doing Business (CODB), the holding company co-founded by Topicals CEO Olamide Olowe and President Sochi Mbadugha, has acquired premium haircare brand Bread Beauty Supply. According to a news release, the acquisition is CODB’s first step in building brands that connect culture, community, and commerce — especially as many companies scale back their diversity, equity, and inclusion (DEI) efforts . “At a time when DEI commitments are being rolled back, it’s critical that Black-owned businesses not only survive — we have to win,” Olowe said. “Maeva Heim, BREAD’s Founder, is one of the most talented creatives in the space and has led BREAD to have a major impact in the hair care industry, and with CODB’s resources and expertise, we’re ensuring that it continues to grow while remaining deeply rooted in its mission and creative ethos.” Photo Credit: Gold Owolabi With Bread now under CODB, the brand is set for growth while preserving its commitment to textured hair care. The...

Apr 3, 2025

As Donald Trump Imposes New Tariffs, Business Owners Like The Lip Bar's Melissa Butler Express Frustrations — 'I Don't Know What's Next'

Tariffs on imported goods imposed by President Donald Trump will impact small business owners. AP News reports that the Trump administration has announced new tariff policies, including a 34% tax on imports from China, a 20% tax on imports from the European Union, and a 10% baseline tax on most imports. According to a press release from the White House, the 10% baseline will take effect at 12:01 a.m. EDT on April 5, 2025, while the countries with higher tariff rates will have to comply by at 12:01 a.m. EDT on April 9, 2025. Trump hopes to restore balance to global trade and believes imposing these tariffs will lead to billions in revenue for the U.S., AP News notes. “I will sign a historic executive order instituting reciprocal tariffs on countries throughout the world. Reciprocal, that means they do it to us and we do it to them… This is one of the most important days in my opinion in American history,” Trump said during a “Make America Wealthy Again” event on April 2, according to...

Apr 3, 2025

Following Her Most ‘Difficult’ Period As An Entrepreneur, Pinky Cole Hayes Buys Back Slutty Vegan After Temporarily Losing Ownership

Success comes with its moments, and Pinky Cole Hayes knows this firsthand. Cole Hayes is the mastermind behind Slutty Vegan restaurant, with seven locations, primarily in Georgia. As AFROTECH™ previously reported, the company’s market value was estimated at nearly $100 million by 2022, which included $25 million from a Series A funding round. Over the years, the company’s triumphs included expanding to Hartsfield-Jackson Atlanta International Airport and Spelman College, although the location at the HBCU has since closed. Cole Hayes has experienced roadblocks with the venture in 2024, and those challenges led to her losing the business, she told People. “Right now, in this moment, I’ve really been in a place of peace, but I had a really rocky 2024. Our corporate overhead was about $10 million,” Cole Hayes mentioned to People. “I was chasing something that I couldn’t catch for so many reasons.” Cole Hayes also acknowledged that she had not been “the operational person,” which has led...

Apr 2, 2025

After Being Fired From Google, Timnit Gebru Launched An AI Research Institute That Is Not Bound To Big Tech's Influence

Timnit Gebru is shaping the future of tomorrow.   View this post on Instagram   A post shared by AFROTECH (@afro.tech) Non-Linear Career Journey Gebru has always loved math, science , and music. She attended Stanford University from 2008 to 2017, earning a bachelor’s, master’s, and Ph.D. in electrical engineering—the same field her father worked in. She combined her interests to launch her career at Apple, first as an audio hardware intern in 2004. A year later, she was hired as an audio systems engineer and worked part-time as an audio engineer from 2007 until her departure four years later. Gebru’s professional journey has not been linear. In 2011, she co-founded Motion Think, a company that leveraged design thinking to create solutions for small businesses. While pursuing her Ph.D. at Stanford, she co-founded and became president of Black in AI after attending one of the largest academic conferences in 2016. At that time, she realized that Black professionals were significantly...

Apr 2, 2025

IBest Wines, A Black-Owned Brand That Aims To Honor The Underrepresented South African Wine Region, Secures Partnership With American Airlines

A Black woman-owned wine brand has secured a sweet victory. Established in 2023, IBest Wines has secured a partnership with American Airlines. The company was launched by Ingrid Best, who carries two decades of experience in the wine and spirits sector from companies such as Diageo, Moët Hennessy, and Bacardi, the company website mentions. She entered the industry as a brand ambassador, assisting in the launch of a small rum brand for Diageo in San Francisco, CA, New York, and Miami, FL, she said during an interview on “Way Up With Angela Yee.” She later rose up the ranks in the aforementioned companies, holding titles that include Regional Marketing Manager for Hennessy (2013-2016), Brand Director for D’USSE (2019-2020), and CE’s EVP, Global Head of Marketing Spirits (2021). Her career milestones include managing two of the largest venture joint spirit partnerships. “I was so fortunate to be exposed to every facet of the business, which typically, in an ambassador role, you aren’t...

Mar 26, 2025

Download the AfroTech App