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Vori Raises $10M In Series A Funding Round For Its Technology That Ensures Access To Food

When AfroTech last spoke with Forbes 30 Under 30 Black Honorees Brandon Hill and Tremaine Kirkman, their startup Vori had secured $5.7 million in funding. This year, the digital B2B wholesale app has raised even more capital to disrupt the grocery industry.

Aug 5, 2022

Black-Owned Startup Vori's Technology Is Revolutionizing Easier Digital Ordering For The Grocery Industry

Vori is a digital B2B wholesale app that is shaking up the traditional ways of the grocery industry. Co-founded by Brandon Hill, Tremaine Kirkman, and Robert Pinkerton, the online wholesale marketplace uses its technology to modernize the process of ordering for supermarkets. Its technology is a win-win for local retailers and local distributors as it has created easy steps for wholesale ordering. AfroTech previously shared that in 2021, Vori secured $5.7 million in funding from YCombinator, Greylock Partners, South Park Commons, and more — earning Hill and Kirkman spots on Forbes’ 30 Under 30. Since the startup’s launch, the Vori team has received praise and recognition from people who have expressed that they’ve “been waiting on a solution like this their entire career.” Their innovation has led to investments including Mollie Stone’s Markets, an independent family-owned grocery store chain with locations in California — where Vori is based. The heart of Vori’s mission is...

Feb 7, 2022

If You're Looking To Fund Your Business, KINETIC Conference Is The Place To Be

Looking to learn how to get people to invest in your business? Look no further because the first annual KINETIC Conference (KINETIC-CON) takes place Saturday, April 10, 2021. “KINETIC is a platform that allows entrepreneurs to find funding,” said the organization’s co-founder Kevin Johnson. In research that was recently published by the Kauffman Foundation, studies show that “nine in ten (92%) reported that funds to start the business was challenging and close to the same share (86%) reported that funds to grow the business was challenging.” Johnson believes the road to funding isn’t easy for Black founders because their white counterparts responsible for the investing stages don’t recognize that they may disclose preconceived biases. “A lot of times you can’t see what’s in front of your face because you’re blinded by the biases,” continued Johnson. “Specifically implicit biases that have been built up over hundreds of years. Investors need to realize what biases they bring to the...

Apr 9, 2021

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