
Black Unicorn Factory
Founded Year
2020Stage
Series B - II | AliveTotal Raised
$646MLast Raised
$1M | 1 yr agoRevenue
$0000About Black Unicorn Factory
Black Unicorn Factory is a tech startup accelerator program that focuses on transforming African American startups into tech companies ready for stock listings. It was founded in 2020 and is based in Los Angeles, California.
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Expert Collections containing Black Unicorn Factory
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Black Unicorn Factory is included in 1 Expert Collection, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
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Latest Black Unicorn Factory News
Aug 12, 2025
Los Angeles, CA – August 12, 2025 – Black Unicorn Factory (BUF), the trailblazing equity crowdsourcing platform, today announced an independently certified $18 billion valuation, based on a July 31, 2025 fair market value appraisal conducted by Transaction Capital LLC, and confirmed that its direct listing application to the NASDAQ Capital Market is currently under review. With more than 12,000 current shareholders and a rapidly expanding digital footprint, BUF is positioned to make history as one of the highest-valued Black-owned companies preparing to go public — a valuation that, according to publicly available IPO data, would place it above historical debut valuations of well-known firms in the Black investment and private equity space. At the center of BUF's growth is its breakthrough sweat equity app, Follow Me For Equity (FMFE). The platform rewards users — especially college students and young professionals — with monetizable equity in high-growth startups for performing online and social media engagement tasks. This creates more potential upside than typical gig work arrangements and turns everyday social media activity into actual ownership stakes. “We're not just creating a company — we're building a movement,” said Johnny Stewart, Founder & CEO of Black Unicorn Factory. “With Follow Me For Equity, we've taken the best of gig work and combined it with equity participation. Our shareholders aren't just spectators — they're participants in a new economic model.” BUF's FMFE participants currently include more than 12,000 equity-earning shareholders, with platform adoption growing rapidly among students seeking alternatives to traditional gig work. By leveraging network effects, BUF's model helps early-stage startups reach millions of consumers while rewarding users with ownership. “This is the dawn of a new kind of capitalism,” Stewart added. “Our mission is to democratize equity, reward participation, and create generational wealth — especially for communities historically excluded from early-stage investment opportunities.” With its NASDAQ listing application pending review, BUF is preparing for expanded public participation in its equity model while continuing to focus on scalable growth, compliance, and mission-driven impact. About Black Unicorn Factory Black Unicorn Factory is an equity crowdsourcing platform that turns everyday supporters into shareholders. Through its Follow Me For Equity app, BUF engages gig and online workers in marketing and promotion activities for early-stage startups, compensating them with equity. The platform's mission is to transform gig work into a pathway for wealth creation and financial inclusion. Media Contact: John Stewart Founder & CEO info@blackunicornfactory.com Forward-Looking Statements & Disclosures This press release contains forward-looking statements, including but not limited to the anticipated NASDAQ listing, market positioning, and growth potential. These statements are not guarantees of future performance and are subject to risks and uncertainties. The $18 billion valuation reflects a July 31, 2025 independent fair market value appraisal and may change over time. The NASDAQ listing is subject to regulatory review and approval. This release does not constitute an offer to sell or a solicitation of an offer to buy any securities. Media Contact Company Name: Black Unicorn Factory. Contact Person: John Stewart Email: Send Email Address: 5777 West Century Blvd Suite 1125-106 City: Los Angeles State: CA 90045 Country: United States Website: https://blackunicornfactory.com
Black Unicorn Factory Frequently Asked Questions (FAQ)
When was Black Unicorn Factory founded?
Black Unicorn Factory was founded in 2020.
Where is Black Unicorn Factory's headquarters?
Black Unicorn Factory's headquarters is located at 5777 W Century Boulevard, Los Angeles.
What is Black Unicorn Factory's latest funding round?
Black Unicorn Factory's latest funding round is Series B - II.
How much did Black Unicorn Factory raise?
Black Unicorn Factory raised a total of $646M.
Who are the investors of Black Unicorn Factory?
Investors of Black Unicorn Factory include Barter Ventures.
Who are Black Unicorn Factory's competitors?
Competitors of Black Unicorn Factory include Mogul Millennial and 6 more.
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