Capital Gains: 5 Female Founders on How to Raise Funds, Talk to Investors, and Grow An Empire
When it comes to venture capital (VC) funding, the landscape still remains largely male-dominated.
According to Pitchbook and All Raise, an organization supporting women in venture capital and startups, only 2.2 percent of the $130 billion total in VC investments during 2018 was attributed to female founders in the US.
Here in Canada, the numbers aren’t much better. Only four percent of VC funding was directed towards women-led companies. To add to that, only 15 percent of partners at Canadian VC firms were women. It’s clear that there is much progress to be made at both ends of the table.
Despite the discouraging statistics, things are slowly changing. In fact, female entrepreneurs contribute $148 billion every year to Canada’s economy, according to Startup Canada. And on a global scale, Canadian women currently rank first when it comes to creating and running their own businesses. Women are forging ahead.