# Hello Alice, a fintech co-founded by Elizabeth Gore and Carolyn Rodz, provided $25,000 grants t0 Black-owned small businesses earlier in 2022.

*business · news · 2024-04-24 · Essence*

## Key points

- Hello Alice has raised new capital at a $130M valuation despite facing a discrimination lawsuit.
- The company plans to expand AI-driven financial health tools and targeted support for small businesses.
- Hello Alice manages the $70 Million Equitable Access Fund for underrepresented business owners.
- Their investor round included Backstage Capital and Tamera Mowry among others.

[Read the full story on Essence](https://www.essence.com/news/money-career/hello-alice-funding-affirmative-action/)

---

Canonical: https://newsio.io/n/24e8c3d8-4526-448d-a498-1c981aa44752/hello-alice-a-fintech-co-founded-by-elizabeth-gore-and-carolyn-rodz-provided-250
Summarized by Newsio from Essence. https://newsio.io/how-it-works