The rise in virtual work due to the COVID-19 global pandemic has changed workplace dynamics, presenting opportunities and challenges for today’s labor force. However, the influence of virtual work on the career progression of Black women leaders, who have historically faced barriers to advancement, remains relatively unexplored. Grounded in social capital, social identity, and Black feminist thought theories, this study examined how virtual work influenced Black women’s access to social capital and opportunities for career growth and their perception of social capital’s role in their career advancement. This research employed a convergent mixed method approach, incorporating semistructured interviews and surveys with Black women leaders working virtually across various industries. Four key findings emerged from this study: (a) virtual work serves as both an accelerator and a barrier to obtaining and maintaining social capital, (b) social capital is perceived as essential and requires greater intentionality and emotional labor in virtual work settings, (c) personal strategies and organizational support are critical antecedents to obtain social capital in virtual work settings, and (d) social capital positively influences objective and subjective career success outcomes in virtual work settings. This study contributes to the limited research on Black women’s career advancement in virtual work environments and provides actionable insights for leaders and organizations to create equitable policies and programs for advancement.