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Founder Chaymeriyia Moncrief Raised $1.05M For Her Startup to Fill the Void in the Consumer Electronics Market

The consumer electronics market is known to be a competitive space, especially for minorities looking to break into the industry. Now Black tech entrepreneurs are taking matters into their own hands to make room for more diversity. According to Black Business, Chaymeriyia Moncrief — founder of consumer electronics startup NSPRE™ — took advantage of the void in the tech market early last year when she launched her Montgomery, AL-based company. Amid the pandemic, her tech startup launched with an aim to give consumers a variety of options for electronic selections. To support the brand’s mission, Moncrief was able to raise $1.05 million from private and angel investors, as well as funding from her previous investors in her first startup — Tesix Wireless. “The focus with our funding is Talent and Retail acquisitions, R&D, and Product Design,” Moncrief shared with Black Business. “We have also moved forward with the opening of our headquarters and in this transition, we need to begin...

Jan 5, 2021