LaDante McMillon

Co-Founder and Managing Partner, New Age Capital
LaDante McMillon, a former Lightspeed scout, focuses on Black and Latino tech founders and leverages his filmmaker background and CHOP'N IT UP media presence to help founders tell stronger stories.
How to contact LaDante McMillon
Stages their fund invests in
N/A
Avg Check
$1.5 - $2.5M
N/A
Does their fund Lead?
Yes
N/A
Geos their fund invests in
USA
LaDante McMillon
Stages their fund invests in
N/A
Sectors their fund invests in
Under-represented founders
SaaS
Health
Consumer
Fintech
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Avg Check
$1.5 - $2.5M
N/A
Leads?
Yes
N/A
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About LaDante McMillon

LaDante McMillon co-founded New Age Capital with his college friend from Boston College, building a seed fund that explicitly focuses on Black and Latino tech founders and combines his filmmaker background with venture investing to help founders tell better stories. He broke into VC as a Lightspeed scout before launching his own fund, and maintains a highly visible media presence through content like his CHOP'N IT UP web series where he openly discusses VC culture and spotlights founders of color.

LaDante McMillon's Interests

What they've been talking about across their social media accounts
  • Strong advocacy for underrepresented founders and diversity in tech, evidenced by his support for events like AfroTech and sharing articles about the rise of millennial women and people of color becoming entrepreneurs.
  • Passion for hip-hop and music culture as a connector, frequently referencing artists like Future for motivation or declaring that Lupe Fiasco must be in a top five list to have a conversation.
  • Focus on financial health and fintech solutions, highlighted by his promotion of programs like Village Capital Finance Forward which targets startups helping families and small business owners.
  • Appreciation for contemporary art and street style, demonstrated by visits to see KAWS sculptures and tweets tagging fashion week or men's style trends.
  • Dedication to an active lifestyle and creative hobbies, such as running the Dallas Half Marathon or spending weekends working on DIY concrete furniture projects.
  • Emphasis on the entrepreneurial mindset and hard work, often sharing blog posts about the venture capital landscape or advice on taking the leap of faith to start a business.

About their Fund

New Age Capital

Sectors
Under-represented founders, SaaS, Health, Consumer, Fintech
Rounds
Pre-Seed - Seed
Avg Check Size
$1.5 - $2.5M

New Age Capital was founded by Ivan Alo and LaDante McMillon after their own struggle raising venture capital for their startup LionShare, leading them to build a fund for founders like themselves, focusing on AI-native, bootstrapped, high-growth companies that already have a product in market, at least $500K in revenue, and less than $500K raised, while avoiding sectors like fashion, media, crypto, and medical devices. They build long-term relationships with founders before investing, act as a hands-on de facto board afterward without taking an official board seat.

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