2017 – only 2% of VC cash was invested in women
Despite continuous efforts by a multitude of organisations and the fact that women are just as good (and some would argue, better) at running businesses, 2017 proved to be a poor year for women founders as far as venture capital funding is concerned. The latest report by Pitchbook, reported by Fortune Magazine, shows that while the #MeToo movement may be altering some aspects of the VC landscape, it hasn’t yet translated into many more dollars for female founders.
All-women teams received just $1.9 billion of the $85 billion total invested by venture capitalists last year. That’s equal to about 2.2% of 2017’s total pot. 12% of funds were raised by mixed-gender teams.
We found this interesting snippet on Voulez Capital’s website. They are working hard to help bridge this gap in Europe.