Last year, I wrote a series of articles about where female entrepreneurs can find venture capital investments across the United States. I didn’t realize it at the time since these pieces ran in February and March, but by June 2019 data was aggregating that female-founded unicorns were being established faster than ever before.
By December 2019, a whopping 21 companies with at least one female founder had reached billion-dollar status.
But — and I wish I didn’t have to start this sentence with this word — the herd of progressive unicorns still struggles to obtain funding.
Less than 2{2a3e680f1439d15db2efa1f6e7ed882a5847e72ec9baddde754e69dd847cc2fd} of all venture funding in the United States goes to companies led by women. An even tinier percentage goes toward African-American women at .006{2a3e680f1439d15db2efa1f6e7ed882a5847e72ec9baddde754e69dd847cc2fd}.
However, the silver lining to these current statistics is that there are female venture capital (VC) firms … Read more