“Female founders are still struggling to capitalize their companies with the funding necessary to scale.'
, which notes that there were 2,700 female-founded, venture-capital-backed technology startups in 2018, compared with just 410 in 2009.
“Female founders are still struggling to capitalize their companies with the funding necessary to scale,” said Dr. Dana Kanze, an assistant professor of organizational behavior at the London Business School, who shared her expertise in the report. At the same time, “female founders are also less likely to be able to self-fund their startups while awaiting outside funding,” largely due to pay disparities and other systemic barriers that inhibit women from accumulating personal wealth.
There is also promise for women in technology as there has been a 84.7 percent increase in tech value for female-founded companies since 2014.
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