Venture Capital
Here’s How Much Less VCs Dole Out to Startups Founded by Women
Female-founded companies raise $77 million on average compared with $100 million for men, nearly mirroring the U.S. gender wage gap.
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Fifty years ago, James Brown sang "It's a Man's World." For women starting tech companies in 21st century America, it often seems like not much has changed.
Venture capital is the lifeblood of any startup, and female tech entrepreneurs raise significantly less of it than men. U.S. companies founded by women pulled in an average of $77 million compared with $100 million raised by men, according to a Bloomberg analysis. The discrepancy is slightly worse than the national pay gap between the genders: an average of 79 cents earned by women for every dollar made by men, according to a 2015 U.S. Census Bureau report.