PRESS RELEASE: Women of color-led venture fund secures major media investor
NEW YORK, Feb. 9, 2021 /PRNewswire/
One of the 25 most influential African-Americans in Technology Invests in Wocstar Fund
-- Wocstar Fund, a women of color-led venture capital fund, has today announced that Jon Gosier, named one of the 25 most influential African-Americans in Technology by Business Insider, has invested in the Wocstar Fund. Wocstar Fund continues to establish itself as a leader in investing in Media, Consumption, and Tech Innovation by Black and BILPOC Founders. This latest major investor to invest in the Wocstar Fund will also serve in an advisory capacity.
Jon Gosier has spent the past decade or so juggling the dual role of investor and entrepreneur, building tech companies to acquisition with a particular focus on data and analytics. He is the producer of several films and a published author. He is now applying the tolerance for the risk he learned as a tech founder and the expertise he gained as a venture capitalist to the media, entertainment, and innovation world via his firms, Film Hedge, Southbox Entertainment, and now the Wocstar Fund.
"The WOCstar team has a clear sightline to where the next market leaders in innovation are, what they are building, and, more importantly, where capital should be deployed," said Jon Gosier, Founder and CEO of Southbox Entertainment. I'm honored and excited to be invested in the fund and part of the Wocstar family."
Led by a team of seasoned entrepreneurs, investors, and finance professionals, including founding partners Gayle Jennings-O'Byrne and Pialy Aditya, the WOCstar Fund has invested in several media and data companies. The WOCstar Fund is actively investing and seeing several high-potential, high-growth, innovative tech companies led by diverse and inclusive founders. In addition, the Fund is onboarding investors ranging from individuals and family offices to funds and institutions.
"Our investment strategy to invest in the best, most promising areas of media, data/AI, and consumption with the added advantage of diverse founders is proving out every day," said Gayle Jennings-O'Byrne, Co-Founder of the WOCstar Fund. "Bringing on board major and strategic investors like Jon Gosier validates the value a fund like WOCstar has for individuals, family offices, and institutions looking for investment opportunities and expertise in new areas of innovation and tech startup economy."
About Wocstar Fund
The Wocstar Fund is an early-stage venture fund that is changing the trajectory for investors and entrepreneurs by focusing on tech innovation being brought to market by inclusive teams. Learn more at www.wocstar.com.