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She Was The First Black Woman In New Orleans To Raise Millions In Capital, And Now She’s Creating A Blueprint For Others

Black Women in Business

She Was The First Black Woman In New Orleans To Raise Millions In Capital, And Now She’s Creating A Blueprint For Others

By KIMBERLY WILSON  via https://www.essence.com

We all know the statistics — even though Black women are the fasting growing group of entrepreneurs, we’re still the smallest percentage of all VC funding.

Sevetri Wilson however, didn’t let the naysayers stop her. This year she solidified her place on the list (along with 33 others), as one of few Black women founders to raise more than a million dollars in funding — she did $2 million, in fact. Wilson is founder and CEO of ExemptMeNow, an online platform that simplifies the process of creating and maintaining a nonprofit.

Don’t get discouraged — there’s hope for us all. The pool of funds raised by bBack women founders increased 500%, from $50 million in 2016 to almost $250 million in 2017. There are also 2.5 times as many startups founded by Black women in 2018 than there were in 2016.

At AfroTech, Wilson had a one on one “Founder Chat” with Megan Holston-Alexander to discuss what life is like during the “Seed Stage.” Following this discussion, we spoke with …

 

Read More: She Was The First Black Woman In New Orleans To Raise Millions In Capital, And Now She’s Creating A Blueprint For Others

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Chrysalis

I am a future butterfly at the stage of growth when I am turning into an adult. I am enclosed in a hard case shell formed by love, family, and friends. It is the hardest stage of becoming a black butterfly. You will encounter many hardships only to come out stronger and better than what you went in. At this stage, you are finding out who you truly are and how to love yourself.

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What Does It Mean To Be “Black Butterfly Beautiful”

The image of the butterfly has come to define the many expressions of the feminine black consciousness and for a good reason. The butterfly is the perfect articulation of the exquisite beauty of nature. Whether tiny or large, brightly colored or more subdued, the butterfly’s allure is undeniable. Each one displays its own unique patterns and hues, and no one species outshines any other.

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