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Equity Angels has released a 2024 Impact Report on its first year as a startup advisory firm focusing on fair access to the resources that help businesses scale.

The organization launched in January 2024 in an effort to find a solution to the inequity still rife within venture capital markets. Founded by Kenya Burrell-VanWormer, formerly chief growth officer at proptech startup New Estate Only and now adjunct professor at Houston Community College teaching proptech, digital marketing, and technology integration for real estate professionals and Katherine Winston, a founding member of analytics firm Plunk and now focused solely on Equity Angels, provides mentorship, fractional executives and fundraising preparation for companies founded by entrepreneurs from diverse demographics.

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Both women serve as managing partners of Equity Angels.

Highlights of Equity Angels’ first year in operation include the formation of its mentorship team, which includes National Fair Housing Alliance Senior Vice President Laurie Banner, Twenty Five Ventures founder Maximillian Diez,  Vanguard Properties Chief Technology Officer Nina Dosanjh, Rotten Tomatoes cofounder Patrick Lee and Morpheus Ventures partner Howard Ko.

The firm’s cohort consisted of four companies that raised a total of $3 million and created 11 jobs. The startup collective was made up of agent and broker financial services firm Upfront, home furnishing visualization solution The Studio Home, recruiting and retention company Maverick Systems, and Billions, a startup that strives to improve operations for high-performing teams.

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