U.S. startups overall raised a record $143 billion in 2020, up 12 percent over the previous year, but funding to venture-backed companies founded solely by female entrepreneurs dropped 22 percent during the pandemic year, Crunchbase data shows.
But American startups founded solely by female founders raised only $3.2 billion in 2020, down a billion dollars from $4.2 billion in 2019 — the peak year for funding to sole female founders — per Crunchbase data. READ MORE