VCs Fund More Early-Stage Female Founders in SoCal than Rest folks, Finds New Report

VCs Fund More Early-Stage Female Founders in SoCal than Rest folks, Finds New Report

Ladies business owners in Southern Ca are far more more likely to get funding that is early-stage the country’s top 100 VC businesses than should they reside somewhere else, based on a special fresh look at a written report on U.S. VC investment in diverse founders.

The report, previewed Wednesday at dot.LA’s summit, had been carried out by RateMyInvestor together with Diversity VC. It looked over assets under $100 million produced by the nation’s 100 most active VC companies by deal figures during 2018 and 2019. In addition it accounted for the “perceived” race and sex of founders, stated Bennett Quintard, co-founder and COO of RateMyInvestor.

The study fills a glaring gap in official information across the racial makeup products of businesses getting VC-backed investment. Early in the day this week, dot.LA reported that VC investment in all-female started organizations in L.A. dropped 70% into the 3rd quarter compared to just last year, while all male launched companies saw a 385% bump, in accordance with an analysis of PitchBook information. But PitchBook will not monitor data around battle.

Associated with the capital that is total nationwide, about 5.5percent decided to go to 429 founders and 187 startups in Southern Ca.

The report discovered 84% of money when you look at the U.S. Continue reading “VCs Fund More Early-Stage Female Founders in SoCal than Rest folks, Finds New Report”