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Black Tech Founder Calvin Cooper Is Helping Close America’s Wealth Gap with Rhove

Photo courtesy Calvin Cooper

Wealth inequality has long existed in America – particularly for members of the Black community, and furthermore, Black women – and is largely attributed to barriers in property ownership through real estate investment. To help bridge this gap, tech entrepreneur and former venture capitalist Calvin Cooper is on a mission to make investing possible for anyone, anywhere with his business, Rhove.   

Raised in a low-income neighborhood in Columbus, Ohio, Cooper discovered early on how the lack of generational wealth and the ability to invest in property adversely affected the rate of home and business ownership within his community. With a desire to see himself and those around him own (at least in part) the homes they lived in and businesses they supported, he developed Rhove, which allows people from all backgrounds and upbringings to invest in residential and commercial properties around the country without the standard income and capital requirements. In fact, they can do so starting at just $1 by investing alongside others within their own communities or with similar interests (similar to crowdfunding).

As the co-Founder and CEO of Rhove, Cooper developed the platform based on his personal experience with housing anxiety as a longtime renter and the barriers he faced when trying to invest. Combined with the knowledge gained through his years as a successful venture capitalist, he’s now become an expert on building wealth through real estate investment and is passionate in bringing these opportunities to not only Black, but also Latino, LGBTQ, women, and other communities and groups who are often overlooked and excluded from wealth creation.  

Calvin Cooper is the Co-Founder and CEO of Rhove, a fintech company founded to empower everyone to invest in and own real estate. Prior to Rhove, Cooper was a venture capitalist investing in fintech, blockchain, proptech and smart city technology companies. He serves on the Nasdaq
Entrepreneurial Center Advisory Board and previously taught entrepreneurship as an adjunct professor at The Ohio State University. Cooper grew up in Columbus and graduated from Capital University with a bachelor’s degree in Financial Economics. In 2017, the Columbus City Council and the Create Columbus Commission recognized Calvin with the Visionary Award. Additionally, he was listed in the 40 Under 40 Class of 2017 by Columbus Business First. Cooper is also a 2021 participant of the Young American Leaders Program (YALP) at the Harvard Business School.

About the Author

New York Trend is a weekly news publication that focuses on issues and lifestyles of the African & Caribbean American communities throughout the New York metropolitan area and Nassau and Suffolk Counties of Long Island. It is a respected and well recognized news publication that has been in existence since 1989. Owner, Publisher and Executive Director, Dr. Teresa Taylor Williams has been at the helm of this award-winning publication since its inception. New York Trend continues to be the only black woman-owned, metropolitan newspaper in New York and Long island. New York Trend is the largest black-owned newspaper throughout Nassau and Suffolk counties.

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