What is Code2040?
Code2040 is a nonprofit organization committed to fostering racial equity in the tech industry by activating, connecting, and mobilizing the largest community of Black and Latinx technologists. Established in 2012, the organization provides direct service programs and community resources designed to dismantle systemic barriers and ensure equitable access to power and opportunities within the innovation economy. Code2040 has cultivated an extensive network of over 250 tech organizations, actively collaborating to improve recruitment and retention strategies for underrepresented talent. Their work is foundational to driving structural change and building community solidarity for genuine equity in tech.
How much funding has Code2040 raised?
Code2040 has raised a total of $5.6M across 1 funding round:
Unspecified
$5.6M
Unspecified (2017): $5.6M with participation from The Knight Foundation
Key Investors in Code2040
The Knight Foundation
The Knight Foundation is a national foundation focused on investing in journalism, the arts, and the success of cities. Their goal is to foster informed and engaged communities, aligning with Code2040's mission to create equitable opportunities within the innovation economy.
What's next for Code2040?
The substantial enterprise-level funding secured by Code2040 positions it for expanded impact and continued growth in its mission-critical work. This strategic backing is expected to fuel the enhancement of its direct service programs and community resources, further solidifying its network of tech industry partners. Future initiatives will likely focus on scaling successful interventions, deepening engagement with corporate partners to drive systemic change, and continuing to build a robust pipeline of Black and Latinx talent within the innovation economy. The organization's trajectory suggests a continued emphasis on community-led solutions and advocacy for equitable practices.
See full Code2040 company page
