Nikkl, a minority business enterprise, announced the launch of its operating company backed by a $5 million round of funding from a group of private investors, including Heroic Ventures. Nikkl will use this opening round of funding to build its technology platform and launch its investment fund in early 2023.

Currently, Nikkl is also raising investment capital to execute on its strategy to provide liquidity to unicorn employees who have vested options. In this way, Nikkl will buy into private unicorn technology companies at today's much-reduced valuations and address a massive challenge for employees and their employers.