5 female-founded venture capital funds to know — and the popular women-led startups they’ve invested in

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More and more women are becoming entrepreneurs, but the venture capital world is still overwhelmingly dominated by men.
Just about 9% of VC investors are women, all of whom are working hard to diversify the startup world and bring great ideas to the forefront.
To celebrate Women’s History Month, we’re taking a look at five inspiring female-led VC funds and the women-led startups they’re backing like Billie, Parachute, Reformation, and more.

The faces of entrepreneurship are changing. In 2017, there were 114% more women-owned businesses than 20 years prior. Between 2016 and 2018, the number of black-women-led startups doubled. Data from Lance Surety Bonds found that immigrants are almost twice as likely to start their own business as are their US-born counterparts.

All of this makes sense. Diversity matters in the workplace, and not just for the reasons we already know, like having a greater pool of lived experiences to build from. According to McKinsey, businesses with diverse workforces typically perform better financially, too.

Still, the venture capital (VC) world is overwhelmingly male-dominated. According to a recent study by Axios, women account for just about 9% of investors across U.S. venture capital firms. And, while female entrepreneurship is growing at a rapid rate, women are still not getting as much VC funding as their male counterparts. A BCG study found that while enterprises founded by women were given about half …read more

Source:: Business Insider


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