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First Black and Female-Founded DEI Tech Platform Kanarys Closes Historic $3M Seed Round

Diversity, equity, and inclusion (DEI) technology company, Kanarys just announced a historic $3 million seed round, and one of the best parts? It’s the first Black and female-founded DEI technology platform ever. Kanarys — co-founded by Mandy Price, Chief Executive Officer, and Star Carter, Chief Operating Officer — helps to diagnose, prioritize, and optimize DEI efforts in the workplace by gathering specific, actionable insights. Courtesy of Kanarys Led by Nasir Qadree and Zeal Capital Partners’ Inclusive Investing™ fund, the historic round also includes Jigsaw Ventures, Segal Ventures, Morgan Stanley, Revolution’s Rise of the Rest Seed Fund, and 100 Black Angels Fund. We spoke to CEO and co-founder Mandy Price to learn more about Kanarys’ vision, what DEI means to her, and what the funding round means for future Black women founders to come. This interview has been edited for clarity and length. AfroTech: Congratulations on your historic seed round! Tell us in three words what...

Shanique Yates

Jan 6, 2021

Kanarys, a Black Women-Led Cultural Analysis Platform, Secures Nearly $600K In Funding

Kanarys , a platform that analyzes cultural and demographic data to help companies create more inclusive and diverse atmospheres, has just secured $575,000 in its first round of funding. Founders Mandy Price and Star Carter got the idea for Kanarys after facing issues with inclusion with previous jobs. The two met at Harvard Law School and the relationship bloomed into a business partnership that is reaching new heights. Price, who also serves as Kanarys’ CEO, told Forbes that most corporate diversity initiatives “superficial” and do not actually have huge impacts on the company. “As we started Kanarys, we realized that inclusive cultures don’t just happen – they’re intentional,” Price said to Forbes. “And by re-aligning our collective focus to value inclusion and equity, along with diversity, employees become more engaged, more productive, and ultimately, more valuable to a company’s bottom line.” In addition to analytical demographic data, Kanarys offers business news on diversity...

Arriana McLymore

Feb 1, 2019