Behind the Numbers: How New Majority Ventures is Powering $39M in Entrepreneur Growth

New Majority Journal Vol 1 Issue 2
Written By melissa bradley

Each year, our impact report serves as a critical checkpoint. The 2024 report marks a pivotal year following our transition from 1863 Ventures to New Majority Ventures.

Key findings from our 2024 impact survey include:

  • A 91% business survival rate among founders we support

  • 109x growth in funding raised by our entrepreneurs

  • Over 50% of founders increased revenue while maintaining profitability

  • 257 net new jobs created through alumni companies

These outcomes reflect not just business success, but real community-level impact.

To further scale this momentum, New Majority Ventures will launch a new app later this year to expand access to tools, support systems, and the founder community.

Discover more about our work and how we are scaling our mission to build wealth for New Majority founders in the full New Majority Journal.

melissa bradley
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