Female Founders Secure Steady Funding in 2023

The Decline in Funding for Female-Founded Companies in the U.S.

Female-founded companies in the U.S. faced a decline in funding last year, raising $44.4 billion out of the $170.59 billion in venture capital allocated. This represents just 1.8% of the total funds, a dip from 2.1% in 2022 and 2.1% in 2021’s bull market. In fact, this is the lowest percentage of venture capital allocated to all-women teams since 2016 when they received 1.6% of the funds. The decrease in funding for female-founded companies is concerning and highlights the challenges women face in accessing venture capital.