Women cofounders raise about 20% of venture capital—but we often overlook them

Female founders of VC-backed companies raise only 2% of the venture capital invested annually. It’s a worrying statistic that is often repeated year after year by publications, researchers, and the VC industry at large. However, it can be misleading and ignores the progress that has been made over the past 20 years.

This 2% figure ignores the many women who are cofounders, CEOs, COOs, and CFOs. While just 2% of VC capital goes to firms founded solely by women, closer to 20% of VC capital goes to firms with at least one woman as a cofounder.  READ MORE