Malcolm Jenkins starts venture capital fund with NFL players

Malcolm Jenkins has teamed with fellow NFL players to launch a venture capital fund.

three-time Pro Bowl safety and two-time Super Bowl champion launched Bro Street Ventures on Wednesday. fund focuses on late st and growth st techlogy and consumer products. It has alrey invested in Airbnb, Epic Games, Turo, Bull, Automattic and ZenWtr.

Jenkins, a strong vocate for racial equality, hopes his newest business introduces more Black men and women to venture capital world.

Jenkins and co-founder Ralonda Johnson recruited ditional NFL players and industry leers to represent fund. Among m are defensive backs Devin and Jason McCourty of New England Patriots, safety Rodney McLeod of Philelphia Eagles and free nt wide receiver Jordan Matws. Jenkins played with McLeod and Matws in Philelphia. Also, television brocaster Sharrie Williams is part of fund.

“While less than 1% of American venture capital backed founders are Black, an even smaller percent are women of color,” Jenkins told Associated Press. “We need to break down those barriers, and this is why I’m proud to have Ralonda at helm of Bro Street Ventures and Sharrie coming on board as an investor. Black women are helping to rewrite narrative and we are inviting more Black women to table to create generational wealth for mselves and ors. This is an important initiative to me, as my businesses are t only run by strong women but also supported by women.”

Jenkins, who plays for New Orleans Saints, and McCourty twins have kwn each or since y played football against each or in high school in New Jersey.

“Malcolm is a guy off field that has just done a ton for a ton of people, wher it’s his social justice work, his business stuff, his hand is always in something, so when he came to Devin and myself with this opportunity, it’s something that you don’t take lightly because if he’s in it, it’s something that’s probably bound to succeed,” Jason McCourty said.

“I think one of key things is us as athletes, especially in today’s world, more we can broen our horizons and step outside box and create different avenues or just follow through on avenues that have alrey been created like something in venture capitalists as Black and brown athletes, I feel like we can do so much. And I think re are so many things that we don’t kw y exist or we don’t think we can be a part of m, sometimes y hold us back. So I think this opportunity that Malcolm brought forward for myself and a few or guys to get involved with was just a -brainer to try to see how much we can grow and see how much we can do off field.”

Matws, a second-round pick by Eagles in 2014, began investing in real estate early in his NFL career. He wasn’t sure who to listen to regarding investing in stock market until Jenkins presented him an opportunity to join his venture capital fund.

“When Malcolm brought this opportunity to me, it was a -brainer,” Matws said. “We dove right in and it’s been a really cool process. Kwing Malcolm’s heart behind it, I was like: ‘Oh, I’m 100 percent in on this.’”

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