Over the past 13 months, venture capitalist Arian Simone has been tested. A federal court case against her Fearless Fund, which backs under-resourced entrepreneurs such as women of color to ensure they have the support they need to succeed in business, became one of the most closely watched anti-DEI lawsuits in the wake of the Supreme Court’s decision to strike down affirmative action. Those months of litigation meant substantial costs for Fearless Fund, including the loss of two-thirds of its team and stymied fundraising efforts. That's not to mention the emotional toll on Simone and her remaining team. However, in September 2024, the case was settled and she remains optimistic despite the continuing challenges facing DEI.

As part of our 2025 Female Founder’s series, Inc. executive editor Diana Ransom sat down with Arian to talk about her upbringing, the federal court case, and how to pursue a mission-driven venture. She even spoke about her family’s relationship with civil rights legend Rosa Parks.  

Additional research and information:

Inc.’s 2025 Female Founder List

To read more on Arian Simone:

How Arian Simone Overcame Her Greatest Fear and Helped Entrepreneurs of Color Fight Another Day

To learn more about Arian Simone Visit