VC Funding To Women-Led Companies Falls During The Pandemic

The disproportionate impact of the pandemic on women extends beyond layoffs and women leaving the workforce, to the venture capital funding of female entrepreneurs. During the past year, the amount of funding to women-led startups and startups led by co-ed teams declined, as the overall amount of venture dollars poured into startups inched higher. Startups with all-female founding teams drew an all-time-high 3.4% of all venture capital dollars in the U.S. in 2019, according to Crunchbase. That declined to 2.4% in 2020, and that percentage has stayed consistent through the first two months of 2021, according to Crunchbase, which notes that it’s still gathering data on deals closed in the past few months so numbers through February may change. Read more at CNBC.