Lightship Capital, the venture capital firm led by Candice and Brian Brackeen, announced this week it is raising a $50 million fund to invest in underrepresented founders in regions of the country that most VCs overlook.
Candice, an entrepreneur, also founded and runs Hillman, an accelerator and educational program based in Cincinnati for underrepresented founders. Brian, of course, is a Miami tech founder-turned-funder. Known as the No. 1 promoter of the Magic City as a place for tech (his “Miami Tours” are well known for luring more entrepreneurs and investors to Miami), he founded facial recognition innovator Kairos and is a mentor to tech entrepreneurs in Miami and beyond. He spends winters in Miami (smart man) and lives here part time the rest of the year. Lightship Capital is based in Cincinnati, and the Brackeens are general partners.