With his newest venture, Luke Cooper is learning from the mistakes of history to create a fund through which Black inventors can be celebrated (and paid) in their time.
The Baltimore entrepreneur is starting a venture capital fund with a goal to support underserved Black founders — but also address the legacy of divestment from Black communities in the city. To that end, his Latimer Ventures will be based directly in West Baltimore.
The fund will invest in startups working within the insurance, cybersecurity, fintech, frontier enterprise and healthcare-related technology industries. Cooper said he is seeking to be the change he wanted to see as a founder when he was building on-demand device support startup Fixt, before it was acquired by Fortune 500 insurer Assurant in 2020.
READ FULL ARTICLE HERE
