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2021: Funding #womenswork

Ruth Glendinning
6 min readApr 30, 2021

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Expanding the funding opportunity to include ALL women

It’s easy to find stories about VC funding for certain kinds of women led businesses.

Google search 04.30.2021

Sometimes it’s growing…

New data shows the number of women-led VC funds is exploding. In an industry known for its dearth of women, a survey reveals a bright spot in the push for gender equity.

…and two months later, it’s dropping.

Global venture funding to female-founded companies fell significantly in 2020, according to Crunchbase data.

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…

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Ruth Glendinning
Ruth Glendinning

Written by Ruth Glendinning

Community Architect // Published Poet // Future Story Lab // Anti-Fragile Playbook // S.L.O.W. Tech // #womenswork Buy my book! https://a.co/d/5MG47Di

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