In less than three years, MaC Venture Capital has become a presence in the tech ecosystem that cannot be ignored. It exploded onto the scene in 2021 with a $100 million first fund, making it one of the largest initial capital raises by a majority Black-owned venture firm. In 2022, MaC followed it up with a $203 million second fund. And a flurry of deal activity helped the firm nab a spot on Insider’s list of the top seed-stage firms in America. Now MaC has brought on a new executive to sharpen its operations.
Jennifer Randle, a finance and operations veteran, has joined MaC as its first chief operating officer — a sign of a maturing firm with more personnel and funds to manage. In this role, Randall will support firm operations from finance and accounting to investor relations and IT.
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