General Info
Franklin Raines, Executive Chairman, and Co-founder of XAPPmedia and Bespoken.io, is an influential business figure with a notable career. He was the first African American CEO of a Fortune 500 corporation, Chairman, and CEO of Fannie Mae. Raines has served on the boards of six Fortune 100 companies, displaying his vast experience. While his precise investment thesis is not explicitly outlined, his expertise lies in retirement, education, and investment planning for individuals and small businesses. Raines’ investments have focused on digital services companies like XAPPmedia and Bespoken.io. His check size for investments is significant, with an annual compensation exceeding $1.3 million. Despite the lack of specific details on collaboration styles, Raines’ track record showcases his strategic leadership and impactful contributions across various sectors.
Location: Washington, DC
Country: United States of America
Industries:
Investment Regions:
Investment Stages: pre-seed, seed
angel-individual
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🤖 AI Activity Report
Status: not-found
AI Reasoning: Google searches and a Smithsonian/CRFB profile show Franklin Raines as Executive Chairman and Co-founder of XAPPmedia and Bespoken.io, but do not provide dates for any investments. No press or SEC filings were found showing recent investment activity or specific investment dates. I could not find any verifiable recent investment (within the past few years) to calculate a recency tag, so defaulting to not-found. The startup mentioned in sources is XAPPmedia and Bespoken.io.
Angel activity thresholds:
Low Activity – Only known angel investments more than 12 months ago.
Active – Known angel investments between the last 12 and 6 months.
Very Active – Known angel investments in the last 6 months.
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