Today's Date: December 7, 2022
Crowley and Wreaths Across America to Host Wreath Laying Ceremony to Honor Veteran Roberto Clemente 50 Years After His Passing   •   Edgewell Personal Care Named One of America's Most Responsible Companies in 2023   •   Because Market Named to Inc.'s 2022 Best in Business List   •   Texas Realtors announces 2023 Chairman Marcus Phipps   •   Cutera, Inc. Announces Proposed Private Offering of $100 Million of Convertible Senior Notes   •   CREF is pleased to announce the addition of Neil Ravitz, former Executive at Penn Medicine, in the newly appointed role of Senio   •   Meijer Brightens Holiday for In-Store and Pickup Customers with Nearly $400,000 in Surprise Holiday Shopping Sprees   •   AHN West Penn Opens Butterfly Suite for Families Coping with Perinatal Loss   •   IMV Shareholders Approve Reverse Stock Split at 88%   •   Kezar Announces Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)   •   Investigation Alert: Kessler Topaz Meltzer & Check, LLP is Investigating Securities Fraud Claims on Behalf of Investors of T   •   Government of Canada invests in MEDTEQ+ to fund groundbreaking technologies that will benefit Canada's seniors and their familie   •   Columbia Care Opens Sixth Dispensary in Virginia   •   GENERAC INVESTORS: 1/30/23 Filing Deadline in Securities Class Action – Contact Lieff Cabraser   •   Library and Archives Canada announces First Nations, Inuit and Métis Nation organizations receiving 2022-2023 funding fro   •   Crowley and Wreaths Across America to Host Wreath Laying Ceremony to Honor Veteran Roberto Clemente 50 Years After His Passing   •   Health Plans Project 2023 Premium Growth of 7.2% for Group Fully-Insured Plans and 6.4% for Individual Plans   •   Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of NeoGenomics, Inc. (NEO) Investors   •   Newsweek Names Tractor Supply to List of “America’s Most Responsible Companies”   •   Equinor Wins Commercial-Scale Lease in California - Deepens Leading Floating Offshore Wind Position
Bookmark and Share

Janice Omadeke, Founder of The Mentor Method, Becomes First Black Woman in Austin, TX to Achieve Venture-Backed Tech Exit

Janice Omadeke, Founder of The Mentor Method, Becomes First Black Woman in Austin, TX to Achieve Venture-Backed Tech Exit

PR Newswire

The Cru recently acquired The Mentor Method

WASHINGTON, Oct. 5, 2022 /PRNewswire/ -- 1863 Ventures celebrates The Mentor Method and The Cru on their latest transaction. The Cru, a New York-based professional training and coaching company, acquired The Mentor Method to further champion diversity, workforce development, and talent engagement solutions for women. Founded by Janice Omadeke, The Mentor Method is a cross-function mentorship program trusted by The Department of Education, Amazon, Deloitte, and more. The Mentor Method team will immediately enhance The Cru's footprint in its target market, tripling its sales team and pipeline.

"This acquisition is exactly what we wanted," said Omadeke, who founded The Mentor Method five years ago. "The Cru is a Black woman-led business with a visionary founder with a strong culture, where I know my team will continue to thrive, and I know that our mission to create a more equitable workforce will proceed. I am really happy that The Cru is changing mentorship from being a chance encounter to a fundamental right for employees wherever they work."

The Mentor Method received non-dilutive funding from 1863 Ventures and is a portfolio company of 1863 Venture Fund I. "It has been a pleasure to watch Janice's development over the last five years, and we are thrilled by The Cru's acquisition of The Mentor Method. We have watched Tiffany build The Cru and believe the synergy between the companies will create a dominant player in the market," said Melissa Bradley, Founder and Managing Partner of 1863 Ventures. "Janice is the epitome of a New Majority entrepreneur and has set an example for all of our program participants and alumni, showcasing the potential and disruptive innovation of Black-led startups."

Omadeke is among the fewer than 100 Black women founders to lead a startup and raise more than $1 million in venture capital funding. She is now the first Black woman in Austin, TX to achieve a venture-backed tech exit, and is motivated to ensure that more Black women are given the resources and opportunities to experience their own acquisitions. Omadeke will continue advising for The Cru and "help as many Black women gain access to funding and mentorship and guidance," she said.

"With the acquisition of The Mentor Method, Janice continues her legacy as a role model for others to imagine themselves as an entrepreneur," said Joseph Kopser, Chief Growth Officer at The Mentor Method. "We need more women CEOs and Founders, and this milestone provides a roadmap for others to follow."

About 1863 Ventures

1863 Ventures is an independent, black-led national business development nonprofit and venture capital accelerator for New Majority founders (i.e., individuals who have been historically marginalized). The District of Columbia-based organization supports over 3,200 entrepreneurs across the United States, leveraging capital investments, owned curricula, grant support, and corporate partnerships to scale businesses from high potential to high growth.

CONTACT: 

Maxwell Young

myoung@1863ventures.net

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/janice-omadeke-founder-of-the-mentor-method-becomes-first-black-woman-in-austin-tx-to-achieve-venture-backed-tech-exit-301641802.html

SOURCE 1863 Ventures



Back to top
| Back to home page
Video

White House Live Stream
LIVE VIDEO EVERY SATURDAY
alsharpton Rev. Al Sharpton
9 to 11 am EST
jjackson Rev. Jesse Jackson
10 to noon CST


Video

LIVE BROADCASTS
Sounds Make the News ®
WAOK-Urban
Atlanta - WAOK-Urban
KPFA-Progressive
Berkley / San Francisco - KPFA-Progressive
WVON-Urban
Chicago - WVON-Urban
KJLH - Urban
Los Angeles - KJLH - Urban
WKDM-Mandarin Chinese
New York - WKDM-Mandarin Chinese
WADO-Spanish
New York - WADO-Spanish
WBAI - Progressive
New York - WBAI - Progressive
WOL-Urban
Washington - WOL-Urban

Listen to United Natiosns News