Women of color-led venture capital fund, WOCstar Fund, just announced that Jon Gosier — named one of the 25 most influential African-Americans in Technology by Business Insider — has invested in the fund.
Not only will Gosier now make up the list of major investors, but he will also serve in an advisory capacity, reports PR Newswire.
“The WOCstar team has a clear sightline to where the next market leaders in innovation are, what they are building, and more importantly where capital should be deployed,” shared Gosier, who is the founder and CEO of Southbox Entertainment, in a written statement. “I’m honored and excited to be invested in the fund and part of the WOCstar family.”
Gosier has spent the last decade wearing hats as an investor and entrepreneur building tech companies to the acquisition, particularly with a focus on analytics and data.
He is also a published author and the producer of many films using the tolerance for risk learned during his tenure as a tech founder and applying the expertise as a venture capitalist to the world of entertainment, media, and innovation through his films, Southbox Entertainment, Film Hedge, and now the WOCstar Fund.
“Our investment strategy is to invest in the best, most promising areas of media, data/ai, consumption with the added advantage of diverse founders is proving out every day,” said Gayle Jennings-O’Byrne, Co-Founder of the WOCstar Fund in the statement. “Bringing on-board, major and strategic investors like Jon Gosier is validation of the value a fund like WOCstar has for individuals, family offices, and institutions looking for investment opportunities and expertise in new areas of the innovation, tech startup economy.”
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Led by a team of seasoned entrepreneurs, finance professionals, and investors, which include founding partners, Pialy Aditya and Gayle Jennings-O’Byrne, the WOCstar Fund actively invests in high growth, high potential innovative tech companies led by inclusive and diverse founders.