At Broad St Ventures, Ms. Ralonda Johnson holds the positions of General Partner and Co-Founder. She has years of experience in the financial and accounting fields. She has led financial and operational audits at Prudential Financial, a top insurance provider recognized by Sifi. During her time at Ernst & Young LLP, she also oversaw external audits and gave assurance on financial statements for SEC clients. One of her most famous clients was an asset-based investment business that specialized in credit funds and private equity, with $70 billion in assets under management. She has reviewed due diligence for investments in Turo, AirBnB, No Bull, and Zen Water, among other companies, as part of her digital and venture capital experience. She oversees the Fund in addition to serving as President of Malcolm Inc., a multi-vertical private investment company that Malcolm Jenkins, a two-time Super Bowl champion, created.
About the Company
Professional athlete investors make up the investors of Broad St Ventures, a venture capital firm that was established in 2020. With investments in consumer products, software, and the internet of things, Broad St Ventures (BSV) has a varied portfolio of early, growth, and late-stage startups.
The first fund established by an athlete with an emphasis on empowering people of color to take charge of their financial destiny is called Broad Street Ventures. Along with his longtime friend Ralonda Johnson, who serves as president of Malcolm Inc., the organization he founded to manage his franchising, retail, and clothing companies, Jenkins established the fund. Rashaun Williams, who oversees a $300 million fund at Manhattan Venture Partners, is their advisor. Williams has been instrumental in encouraging them to consider investing in startups rather than just brand sponsorships and one-time payments. Prior investments made by Broad Street Ventures include those in Automattic, Turo, NoBull, Airbnb, and Epic Games. Investing in businesses supported by the top 20 VCs is the plan.
