Black Unicorn Factory
Los Angeles, US · Founded 2020 · California corporation
Black Unicorn Factory is a pre-IPO program providing capital and support to businesses owned by people of color and women, addressing the funding gap for entrepreneurs from underrepresented and socio-economically disadvantaged backgrounds in the venture capital industry.
Founders & leadership
JL
JOHNNY LEE STEWARTExecutive
Reported raises · per SEC filings
Form D private placements$791M disclosed across 4 rounds · 2020–2026
▶$145MraisedAug 2026 · 1 investors · Other TechnologyRule 506(b)
▶$145MraisedAug 2026 · 1 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- JOHNNY LEE STEWARTExecutive Officer
- Offering amount
- $145M
- Amount sold
- $145M
- Minimum investment
- $145M
- First sale
- Aug 2026
- Incorporated
- Corporation, California
- Federal exemptions
- 06b
▶$1MraisedOct 2024 · 1 investors · Other TechnologyRule 506(b)
▶$1MraisedOct 2024 · 1 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- JOHNNY LEE STEWARTExecutive Officer
- Offering amount
- $1M
- Amount sold
- $1M
- Minimum investment
- $1M
- First sale
- May 2024
- Incorporated
- Corporation, California, 2020
- Federal exemptions
- 06b
▶$420MraisedMay 2021 · 56 investors · Other TechnologyRule 506(b)
▶$420MraisedMay 2021 · 56 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- JOHN STEWARTExecutive Officer
- Offering amount
- $420M
- Amount sold
- $420M
- Minimum investment
- $7.5M
- First sale
- May 2021
- Incorporated
- Corporation, California, 2020
- Federal exemptions
- 06b
▶$225MraisedSep 2020 · 10 investors · Other TechnologyRule 506(b)
▶$225MraisedSep 2020 · 10 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Johnny L StewartDirector
- Amount sold
- $225M
- First sale
- Sep 2020
- Incorporated
- Corporation, California, 2020
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 3
by search overlapUpmarket5 shared keywordsUpMarket is an online investment platform and registered broker dealer that enables accredited investors to access alternative assets including pre-IPO companies, hedge funds, and private equity. The platform aims to democratize access to private markets beyond traditional stock market investments.
Eqvista5 shared keywordsEqvista provides software for equity management, cap table administration, and valuations for private companies. The platform enables structured tender offers that give employees and investors liquidity while maintaining company control over participation, pricing, and cap table integrity.
SmartAsset4 shared keywordsFisher Investments is a global money management and financial advisory firm that provides portfolio management, financial planning, and retirement planning services primarily to high-net-worth individuals and institutional clients. The firm manages investments across equities, fixed income, and blended accounts using an active, forward-looking investment approach.
Companies competing with Black Unicorn Factory for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Black Unicorn Factory do?
- Black Unicorn Factory is a pre-IPO program providing capital and support to businesses owned by people of color and women, addressing the funding gap for entrepreneurs from underrepresented and socio-economically disadvantaged backgrounds in the venture capital industry.
- How much funding has Black Unicorn Factory raised?
- Black Unicorn Factory has disclosed $791M raised across 4 rounds.
- Where is Black Unicorn Factory headquartered?
- Black Unicorn Factory is headquartered in Los Angeles, US.

