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Fearless Fund invests in LS Cream at $10M valuation

The brand was founded by Myriam Jean-Baptiste and Stevens Charles. It pays homage to the owners’ Haitian roots.

Fearless Fund invests in LS Cream at $10M valuation
Myriam Jean-Baptiste and Stevens Charles, founders of LS Cream, an alcoholic cream liqueur. LS CREAM PHOTO 

Fearless Fund has announced that the organization is investing in LS Cream, a Black-owned cream liqueur, at a $10 million valuation.

The brand was founded by Myriam Jean-Baptiste and Stevens Charles. It pays homage to the owners’ Haitian roots.

“The wine and spirits industries are overwhelmingly male-dominated, and women of colour's stories and legacies are significantly underrepresented,” Jean-Baptiste. "Fearless Fund's investment in LS Cream will allow us to scale our business and increase our distribution footprint in the U.S. while expanding our presence in our current markets.”

The drink is made from a rich blend of fresh cream, neutral grain spirits, coconut, vanilla, cinnamon, and nutmeg. LS Cream is gluten-free, low in lactose, and made with all-natural ingredients, a statement reads.

“We are always looking for trailblazing women of colour who are pushing the boundaries in their respective fields, and LS Cream is a perfect example of that,” Arian Simone, co-founder of the Fearless Fund, said in a statement. “After many taste tests from our team and personal contacts, everyone agrees that LS Cream is a delicious and transformative product that is sure to become a staple in the wine and spirits industry.”