Companies with at least one female founder generate 78 cents of revenue for every dollar of venture funding, while male-led startups generate roughly 31 cents. Yet startups with only female founders receive just 3% of total invested dollars globally.
Top female founders by amount of capital raised, in each country profiled
While funding for female-led startups has been disproportionately low over the years, the number of unicorns – privately held startup companies valued at in excess of US$1bn – headed by women grew more than fivefold between 2013 and 2019.
In that period the number of women-led unicorns jumped from just four to 21. While these numbers are small, they continue to climb.
Unicorns with at least one female founder, by year of first equity round