Less than 2% of venture capital funding went to all-female founding teams in 2021, marking a five-year low, new data from Pitchbook shows. All-female founding teams did receive 83% more funding in 2021 in absolute dollars compared to the year prior, but that’s likely because US startups overall raked in a record amount of cash last year.
Still, the rising tide did not lift all boats. The share of funding all-female founding teams earned was down for the second year in a row, according to Pitchbook.
So how is it that despite the recent boom in startup funding, the venture capital industry is actually becoming an even tougher place for women to raise money?
Venture investor Del Johnson hosted a Twitter Spaces conversation last week that fostered discussion about whether and why all-female founding teams appear uniquely disadvantaged in the fundraising process — desp …
