Human Ventures announces anchor partnership with Bank of America to invest in early-stage founders

Human Ventures announces anchor partnership with Bank of America to invest in early-stage founders

Published: 21-09-2022 11:09:00 | By: Pie Kamau | hits: 3047 | Tags:

Human Ventures, one of New York City's premier emerging venture funds, announced an anchor partnership with Bank of America for Human Ventures Fund II.

Human Ventures will continue to invest in early-stage founders that reflect NYC's unparalleled diversity of talent across industries. Founded seven years ago as a startup studio backed by NYC industry titans, Human Ventures will continue to build on its track record in the areas of health and wellness, the future of work and money, media and attention, and experience and connection.

Heather Hartnett, Founding Partner and CEO, Human Ventures: "We're excited to be bringing in an anchor partner that is so closely aligned with our mission to generate both big change and big returns. It takes diverse investors to identify the overlooked opportunities where value will be created over the next decade. The investment of a financial powerhouse like Bank of America to emerging managers substantiates the return potential and allows for the next generation of innovators to thrive."

Bank of America's investment in Human Ventures reflects the bank's efforts to partner with diverse fund managers and founders who represent the future of the tech industry. Additionally, with this new fund, legacy media brand builder and Human Ventures Co-Founder Joe Marchese will be joining as a General Partner.

Omar Eissa, Managing Director, Bank of America: ''We're proud to put our support behind Human Ventures, a flagship for the early-stage venture community that has consistently backed some of the most exciting founders making positive change, and therefore creating value. We believe that new and diverse founders are the future of this industry, and we want to empower the talented fund managers who keenly understand how to identify and support those founders. Our goal is to give them the power to do what they do best.''

www.human.vc