Fundraising Fox

Urban Entrepreneurs Fund

Impact investor

Newark · Seed–Growth

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Investment thesis

The Urban Entrepreneurs Fund is a mission-driven capital source aiming to bridge the funding gap for underrepresented founders, primarily Black and Latinx entrepreneurs with significant ownership stakes in their businesses. Operated by Rutgers University's CUEED with support from the New Jersey Economic Development Council, it invests in high-growth, next-economy startups tied to New Jersey. The fund seeks exceptional founders and breakthrough scalable ideas, connecting them with mentors and angel investors. Its model combines a self-sustaining business generator, an entrepreneurial ecosystem that creates local jobs and uplifts communities, and capital deployment that opens doors to additional investment sources.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Growth
HQ
Newark, NJ, US
Instruments
Equity
Tracked investments
10

What they invest in

from 4 of 10 portfolio companies

Direct to Consumer ×2Healthtech ×2Circular Economy ×1Consumer ×1Deep Tech ×1Developer Tools ×1Digital Health ×1FemTech ×1

HQs:United States×3

Investments · 10 tracked

founders shown can be your intro path

By year:2022 · 12018 · 12 dated

4.0 Analytics

Software provider of Mechanic on Board and Em-CARS, a vehicle management system to reduce fuel consumption and maintenance costs.

ABF Creative

Podcast company creating cultural and emotional connections.

Backpack Healthcarehellobackpack.com

A provider of youth and family behavioral and mental health services, offering cognitive talk therapy and medication management through licensed clinicians including psychologists, counselors, and psychiatric nurse practitioners.

Digital HealthHealthtechMental Health

Co-investorsPACE Healthcare CapitalPortfoliaPortland Seed FundRareBreed VenturesStone Mountain VenturesECMC Group+1 more

NasaClipnasaclip.comin𝕏

NasaClip is an ER doctor-designed, patented, hands-free device that applies steady pressure to stop nosebleeds in children and adults.

ConsumerDirect to ConsumerMedical Devices

Elizabeth Clayborne(Founder)in

Co-investorsCitrine AngelsD3VCMaryland TEDCOPortfoliaTEDCO

Nopaleranopalera.coOct 2022

Natural body products inspired by Mexico's Nopal cactus.

New York, US

Sandra Velasquez(Executive Officer, Director)in

BoardLaura Moreno(Director)

Co-investorsL'ATTITUDE VenturesSiddhi CapitalSixty8 CapitalMorgan StanleyPortfolia

Revi

Platform to connect with local businesses for releases, rewards, food and fun.

Tampon Tribetampontribe.comNov 2018

Tampon Tribe sells organic cotton period products including tampons, pads, liners, menstrual cups, and period underwear, with a focus on sustainability and plastic-neutral packaging.

Circular EconomyDirect to ConsumerFemTechSanta Monica, US

Jennifer Eden(Executive Officer, Director)inGabriela Alves(Executive Officer, Director)in

Techustle

Payments platform supporting commercial growth in Africa.

Waku Tea

Iced tea with fruit flavor and probiotics for gut health.

WearWorkshaptic.worksin𝕏

Haptic develops haptic technology that conveys information through the sense of touch, such as wrist-worn vibration systems used to guide a blind runner during the NYC Marathon.

Deep TechDeveloper ToolsHardwareHealthtechMobility & Transportation

Kevin H Yoo(Chief Executive Officer)inKeith Kirkland(Chief Haptics Officer)inEnzo Caruso(Head of Operations)in

Co-investorsSoundboard Venture Fund

Portfolio news

latest coverage across their companies
Nasaclip INC. - Maryland Daily Record

NasaClip · thedailyrecord.com · Jun 30, 2026

Frequently asked questions

How many investments has Urban Entrepreneurs Fund made?
Urban Entrepreneurs Fund has 10 tracked investments.
What stage does Urban Entrepreneurs Fund invest at?
Urban Entrepreneurs Fund invests at the Seed, Growth stages.
What sectors does Urban Entrepreneurs Fund focus on?
Urban Entrepreneurs Fund focuses on AI & Machine Learning, Consumer, Digital Health, Fintech, Impact & Social Good, Media & Entertainment, Mental Health, Mobility & Transportation, Sector Agnostic.
Where is Urban Entrepreneurs Fund located?
Urban Entrepreneurs Fund is headquartered in Newark, US.
Who does Urban Entrepreneurs Fund co-invest with?
Urban Entrepreneurs Fund most often shares deals with Portfolia, D3VC, Maryland TEDCO, among 13 tracked co-investors.

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