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SpokeHub Raises $2M With The Help Of Black Investors

Durham-based black-led startup SpokeHub announced to WRAL TechWire last week that after closing its second seed round, it has raised $2 million. And most of those funds were raised by black investors. “This is huge. The message is there are some impactful and very intentional African-American investors across the country,” said Richard Berryman III, one of the SpokeHub founders. When asked about the investors, the company confirmed that investors were both local and from out-of-town. With the money invested, SpokeHub can now focus on growth, although the team didn’t disclose exactly how they intended to use the newly acquired funds. The app provides a place for users to have real conversations with people who care about the topics that are important to them. They can join or create different “hubs” and connect with like-minded people. On the flip side, SpokeHub also allows businesses to have access to real-time feedback on their products or services through their “Platform on...

Christine Cauthen

Aug 23, 2018