Fifth Star Funds | 1,393 followers on LinkedIn. Philanthropic venture fund bridging the racial wealth gap by equalizing opportunity for underrepresented founders | Fifth Star Funds is a first-of-its-kind philanthropic venture fund dedicated to addressing the racial funding gap in entrepreneurship. Today, less than 1% of venture capital is awarded to Black founders—a systemic inequity rooted in centuries of economic exclusion. We’re tackling this injustice head-on by investing in underrepresented tech founders at the critical “Friends & Family” (F&F) funding stage, where access to early capital often determines a startup’s success.