The Los Angeles-based Valence, founded in 2019, offers a social networking platform that demystifies professional advancement pathways through inspirational storytelling and structured community-driven mentorship. Its mission is to unlock the global combined power of black professionals to create massive economic and social progress, with a focus on empowering the black professional community and reducing the racial wealth gap. Recently, the company was acquired by Greenwood, a digital banking platform for Black and Latinx people and business owners.