Sunday is International Women’s Day. Here are 3 new insights on female founders

In the last decade, the share of invested dollars that went to companies founded by women only stayed tiny.

March 5, 2020

International Women's Day image

Photo: wocintechchat on Unsplash

There’s a stubborn problem in Startupland: Female-founded companies still see just a sliver of the monetary pie.

In the last decade, the share of invested dollars that went to companies founded by women stayed flat at 3%.

That’s one insight from a fresh Crunchbase report on the landscape for female founders. As we look ahead to International Women’s Day on Sunday, here are 3 more:

1️⃣ Companies founded by women only raised significantly less than those founded by men only. An average of 13% less, that is.

2️⃣ But the share of funded startups with at least 1 female founder is growing. In 2019, it was 20%, compared to 10% in 2009. And on average, companies co-founded by men and women raised more than those founded by either group alone.

3️⃣ Also growing: The pack of unicorns with a female founder. There were 21 in 2019, compared to just 5 in 2016.

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