Photos: YouTube Screenshots
Richelieu Dennis, the visionary founder of Essence Ventures, is revolutionizing the world of Black entrepreneurship.
Through strategic acquisitions, investments and a steadfast commitment to fostering diversity, Dennis is leveling the playing field for Black-owned businesses.
He shares his insights on acquisitions, investing in Black founders and his vision for creating an equitable ecosystem for Black entrepreneurs.
Driving Change in the Black Business Community
Established in 2017, Essence Ventures is an independent Black-owned venture capital firm. Through it, Dennis creates an environment in which Black entrepreneurs can flourish, scale their businesses and generate generational wealth.
By offering capital, mentorship and resources, Essence Ventures seeks to empower Black founders while dismantling the systemic barriers that have historically hindered their access to funding and opportunities.
A Beacon of Hope for Marginalized Communities
Rich Dennis embarked on his entrepreneurial journey by co-founding Sundial Brands, a personal care products company acquired by Unilever in 2017.
In addition to founding Essence Ventures, Dennis established the New Voices Fund, a $100 million initiative that provides capital and resources to women of color entrepreneurs. This trailblazing fund seeks to bridge the funding gap faced by women of color and bolster their entrepreneurial endeavors.
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