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The top 10 metro areas where Black and Latinx founders are securing the most funding to build their companies

  • Calls for racial and ethnic equity in the US have never been louder; more companies are backing entrepreneurs from underrepresented backgrounds.
  • If you're a Black or Latinx founder looking to get your idea off the ground, knowing where to access capital is key.
  • Analysts at business and startup information hub Crunchbase combed through funding information between 2015 and August 2020 to find out where investors that are giving the most funding to Black and Latinx founders are located.
  • Not surprisingly, the San Francisco Bay area came in first, at $4.6 billion invested over that time period. But you may be surprised by some of the lesser known hubs, too.

If you're a Black or Latinx founder looking to get your idea off the ground, now is a great time to go for it. Calls for diversity, equity, and inclusion have never been louder — including in business and the startup world. Several companies and tech leaders are investing money in programs aimed at advancing Black, Latinx, and other underrepresented groups in entrepreneurship.

And while many Americans are working remotely right now, it's important to know where venture capitalists investing in Black and Latinx founders are located. This can help you prioritize where to work, live, travel to, or network once the pandemic lifts.

Analysts at business and startup information hub Crunchbase combed through funding information between 2015 and August 2020 to find out.

Here are the top 10 metro areas where Black and Latinx founders have secured the most funding from the start of 2015 to August 2020.

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