Mintz Counsels Venture Capital Firm Visible Hands In Securing First Fundraising Aimed at Financing Underrepresented Founders
BOSTON – Mintz has served as legal counsel to Visible Hands on its first fundraising. The venture capital firm is dedicated to investing in underrepresented founders, particularly women and people of color through its investment fund and affiliated accelerator program.
Visible Hands said that it will use the $10.5 million raised to invest in tech start-ups whose founders are from underrepresented communities. Established in 2020, Visible Hands was launched by Justin Kang, Daniel Acheampong, and Yasmin Cruz Ferrine.
Mintz has advised Visible Hands since its inception, with Members Alec Zadek and Dinesh Melwani leading the team. Associate Rachel Gholston led on the fund formation, regulatory compliance, and fundraising, with assistance Associates Sarah Palmer, Daniel Lerner, and Alexis Soares.
Mr. Zadek said, “We are thrilled to be supporting Visible Hands and its mission to give a boost, and more importantly, opportunity to innovators and entrepreneurs who are more often than not overlooked by the wider investment and funding world. We look forward to the next milestones in Visible Hands’ journey.”
Mintz represents numerous venture capital firms and other private equity investors as well as a large number of venture capital-backed businesses in all stages, from early- or seed-stage investments through subsequent multi-investor and late-stage financings, and IPOs. We work with clients to examine their corporate requirements, financing avenues, intellectual property protection, employment issues, and regulatory and compliance needs, and assess how these impact their businesses and strategies.
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