Venture capital funding for women-led startups is unfortunately still below 3% of the total funding available. In fact, the highest percentage ever reached was 2.8% in 2019, as of Crunchbase data. However, since the Covid-19 pandemic started, this share decreased again even further.
Why is this happening? On one hand, we can think that during the current crisis the investors became more sensitive to risks. This might lead them to stick to the same kind of companies they are used to working with, which often means tech companies led by men. On the other hand, this phenomenon may be linked to the low number of women in VC funds. In fact, female investors and decision-makers represent only between 2-12% of the whole funding team.
To address this gap, we have created a list of VC firms that focus on investing in female founders! If you are wondering what VC funding is and how they choose startups to invest in, you can check out Lesson 6 of our dedicated course “Get Funding for Your Startup” here.
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