Member-only story
2021: Funding #womenswork
Expanding the funding opportunity to include ALL women
It’s easy to find stories about VC funding for certain kinds of women led businesses.
Sometimes it’s growing…
…and two months later, it’s dropping.
What’s consistent is that the investment in women-led companies rarely rises above 2.7% of total investment dollars.
To see how broken it is, look at the statistics. While women start companies at twice the rate of men, female-founded companies get only 13 percent of the total angel financing available. According to a study by First Round Capital, companies with a woman on the founding team outperform their all-male peers by 63 percent. But when it comes to venture capital — often the speediest route to building a fast-growth company — women simply aren’t getting funded. Female CEOs get only 2.7 percent of all venture funding, while women of color…