Jason Ray co-founded Phirst Market Ventures while serving as CEO of Zenith Wealth Partners, where he measures success by total wealth created for clients rather than traditional metrics, publicly targeting $1B in wealth creation including helping clients move from negative to positive net worth. He provides hands-on financial modeling and capitalization support to early-stage founders, acting as an outsourced CFO who helps primarily minority-owned businesses understand dilution and negotiate from strength while integrating impact metrics directly into financial projections and growth stories.
About their Fund
Sectors
Under-represented founders, Consumer, CPG / D2C, HR Tech, SaaS
Rounds
Pre-Seed - Seed
Avg Check Size
$10K - $250K
Notable Investments
Phirst Market Ventures is a blended nonprofit-for-profit fund co-created by three partner organizations that converts catalytic grants into discounted SAFE notes and patient equity specifically for women-of-color-run startups. The fund uses an explicitly unbiased approach that reviews 100% of applications and guarantees clear decisions while focusing geographically on the Mid-Atlantic corridor but deliberately excluding New York to concentrate capital on often-overlooked markets like Greater Philadelphia.
Notable Fund
Investments
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Popular Investors
investor name
Active in
Rounds
Avg. Check
Links
Deeptech / Hardware
Robotics
Biotech
+
12
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Biotech
Health
Deeptech / Hardware
+
2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$250K - $2M
Unknown
Climate
Deeptech / Hardware
Materials
+
4
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $1.5M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
7
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
~$750K
Unknown
Fintech
Deeptech / Hardware
Devtools
+
2
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$250K-$1M
Unknown
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