Fifth Star Funds

vc$150MLeads rounds

◆ Fund Size

$150M

◆ Check Size

$0.0M→$0.0M

◆ Location

United States

◆ Activity

Statusactively investing

◆ Links

Website ↗@fifthstarfunds on X ↗

◆ Investment Thesis

Focusing on Chicago tech startups and closing the funding gap for underrepresented founders.

◆ About Fifth Star Funds

Fifth Star Funds is a Chicago-based nonprofit venture philanthropy fund that provides equitable access to early 'Friends & Family' capital for underrepresented founders, with a strong emphasis on Black tech founders in the U.S.[2][3] It focuses on very early-stage companies and pairs capital with network access and support to help founders overcome barriers to funding.[1][2]

◆ Sectors

FintechMedtech

◆ Stages

seed

◆ Geography Focus

United States

◆ Team

Name	Title	Role	Links
Christine Concepción	Contact	—	in
Kyle Backer	Co-Founder	senior	in
Nate Pelzer	Board Member	Board	in
Osa Osarenkhoe	Board Member	Board
Stella Ashaolu	Managing Director	senior	in
Tim Huelskamp	Board Member	Board
Tracey Suppo	Board Member	Board	in 𝕏

◆ Notable Investments

Banyon PowerCareLumiEventnoirePiggyBack NetworkThrowbackBuysHyphae CompositesThe Dev Difference

◆ Traits

Leads rounds

◆ FAQ

What does Fifth Star invest in?

Fifth Star invests in Fintech and Medtech at the seed stage.

Which geographies does Fifth Star focus on?

Fifth Star focuses on United States, and is headquartered in United States.

What is Fifth Star's typical check size?

Fifth Star typically writes checks of $0.0M to $0.0M.