Rihanna and H.E.R are using their platforms to invest in Black women-led businesses.
The entertainers are two of the latest investors to support the allergy-friendly food brand Partake Foods, which is also backed by Shawn “Jay-Z” Carter’s Venture Capital Fund Marcy Venture Partners. Last week, the company announced that it successfully completed its Series A round of financing, securing $4.8 million in funding.
Denise Woodard is the founder and CEO of Partake Foods, which specializes in healthy, vegan cookies, while also creating more opportunities for minorities in the food industry. She is recognized as the first woman of color to ever raise one million dollars for a food startup after Carter’s venture fund first teamed up with the brand.