Fortune Magazine reports women received 2.2% of venture capital in 2017

Female founders received 2.2% of venture capital funds in 2017 according to research published by Fortune Magazine, and that actually represents a bump on previous years.

Data collected by PitchBook shows that all-women teams received just $1.9 billion of the $85 billion total invested by venture capitalists last year. By way of comparison, all-male teams received about $66.9 billion, or nearly 80% of the dollars invested, and the remaining funds were raised by mixed-gender teams, and/or teams where the gender of the founders wasn’t specified.

There is no way around these numbers without recognising that VC and the land of start-ups remain not merely dominated by men so much as drenched.

https://womensagenda.com.au/business/entrepreneurs/fortune-magazine-reports-women-received-just-2-of-venture-capital-in-2017/

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