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

The Cru lately acquired The Mentor Technique

WASHINGTON, Oct. 5, 2022 /PRNewswire/ — 1863 Ventures celebrates The Mentor Technique and The Cru on their newest transaction. The Cru, a New York-based skilled coaching and training firm, acquired The Mentor Technique to additional champion range, workforce growth, and expertise engagement options for ladies. Based by Janice Omadeke, The Mentor Technique is a cross-function mentorship program trusted by The Division of Training, Amazon, Deloitte, and extra. The Mentor Technique crew will instantly improve The Cru’s footprint in its goal market, tripling its gross sales crew and pipeline.

“This acquisition is precisely what we wished,” stated Omadeke, who based The Mentor Technique 5 years in the past. “The Cru is a Black woman-led enterprise with a visionary founder with a robust tradition, the place I do know my crew will proceed to thrive, and I do know that our mission to create a extra equitable workforce will proceed. I’m actually comfortable that The Cru is altering mentorship from being an opportunity encounter to a basic proper for workers wherever they work.”

The Mentor Technique obtained non-dilutive funding from 1863 Ventures and is a portfolio firm of 1863 Enterprise Fund I. “It has been a pleasure to look at Janice’s growth during the last 5 years, and we’re thrilled by The Cru’s acquisition of The Mentor Technique. We’ve watched Tiffany construct The Cru and imagine the synergy between the businesses will create a dominant participant out there,” stated Melissa Bradley, Founder and Managing Companion of 1863 Ventures. “Janice is the epitome of a New Majority entrepreneur and has set an instance for all of our program individuals and alumni, showcasing the potential and disruptive innovation of Black-led startups.”

Omadeke is among the many fewer than 100 Black girls founders to steer a startup and lift greater than $1 million in enterprise capital funding. She is now the primary Black girl in Austin, TX to realize a venture-backed tech exit, and is motivated to make sure that extra Black girls are given the assets and alternatives to expertise their very own acquisitions. Omadeke will proceed advising for The Cru and “assist as many Black girls acquire entry to funding and mentorship and steering,” she stated.

“With the acquisition of The Mentor Technique, Janice continues her legacy as a job mannequin for others to think about themselves as an entrepreneur,” stated Joseph Kopser, Chief Progress Officer at The Mentor Technique. “We’d like extra girls CEOs and Founders, and this milestone offers a roadmap for others to comply with.”

About 1863 Ventures

1863 Ventures is an impartial, black-led nationwide enterprise growth nonprofit and enterprise capital accelerator for New Majority founders (i.e., people who’ve been traditionally marginalized). The District of Columbia-based group helps over 3,200 entrepreneurs throughout the USA, leveraging capital investments, owned curricula, grant assist, and company partnerships to scale companies from excessive potential to excessive development.

CONTACT: 
Maxwell Younger
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SOURCE 1863 Ventures