"Getting told no a million times can be really disheartening," wrote one founder. Nevertheless, she—and many
other women surveyed
— persisted to start
Way better than the averages: Only 2% of all VC goes to U.S.-backed female-only founder teams, according to PitchBook, and roughly 3% goes to female CEOs.
Of those founders...
20% said they
felt they'd be taken more seriously.
24% said they
wanted to support female investors.
28% said female investors better understand their target market.
of the women who
raised money sought out female investors.
More women chose male co-founders than female.
37% of respondents needed over $100,000 to start their business.
of respondents said they funded their startups through savings.
I didn't seek out
but I want to support female investors.
It's insane how
few women are in
Co-founder and CEO of career coaching site Marlow
I've seen men with
really bad ideas, no
traction, and no
path to traction
raise millions of
dollars. It's just not
that way for black
women. Everything is scrutinized and the conversation starts at no. You have to move them to yes.
Tanya Van Court
Founder and CEO of kid-focused savings platform Goalsetter