Springboard 2000 Enterprises, Inc. is a nonprofit organization designated 501(c)(3) by the IRS #52-2266068.
© 2022 Springboard Enterprises
Total venture capital funding was at an all-time high in 2021, however, only 2% of venture capital in the United States was secured by female founders and their businesses1, a five year low.
The amount of capital allocated to female entrepreneurs is disappointing given the overall industry surge. Despite this, women-owned businesses continue to perform extremely well.
On average, 3% of VC funding goes to businesses founded by women2.
This is a bleak number considering the growth of entrepreneurship in the United States, and the role venture capital plays in this growth.
Last year, female founders generated 35% higher return on investment than their male counterparts7.
This statistic is specifically relevant in regards to women-led tech enterprises in comparison to their male founded tech counterparts.
Female founders and their companies miss out on 97% of the opportunities provided by VC funding7.
Female founders are less likely to seek business financing than male business owners, with just a quarter of women owned businesses seeking funding.
If VCs invested in women at the same rate they invest in men, it could boost the global economy by 3-6% ($5 trillion)3
Investment in startups with at least one female founder outperformed all-male founding teams by 63%.11
Women are particularly successful in creating a positive company culture. Women-led teams are more collaborative, communicative, and open to learning (both in-office or managed remotely). Half of Americans would prefer to work for a female-led company.12
These statistics are why Springboard exists. We connect women-founded and women-led enterprises to the human and financial resources that are so often lacking in the venture capital community. Learn about how Springboard is impacting women-led organizations and how you can help.