Posts tagged "funding for women-run startups"

SeenCulture founder and CEO Nikki Tugano reveals she had a tricky journey navigating the capital raising process in an ecosystem built for men.

Once again data shows that on average, women-led startups raise less capital than men-only-led companies across every stage of funding.

Sixty-two percent of funding deals went to all-male founding teams, compared to 12% for all-female founding teams and 26% for teams involving at least one female founder.

Schwartz says it is imperative that women entrepreneurs can access the capital they need to ensure their businesses can scale and thrive.

Of all the small businesses across NSW, only one third of these businesses are owned by women, according to the state government. 

The author says, "we all have a relationship with money that plays a powerful role in the stories we tell ourselves, how we show up, and who we are when it’s on the table".

Women are more likely to invest in women-owned and led businesses, and so we knew we wanted to put our money where our mouth is and find a way to start writing cheques. 

The latest Cut Through Ventures report has some good news regarding funding for women-led businesses in Q1. But we invite you to look beyond a couple of big raises.

The startup sector in Australia is still overwhelmingly male-dominated, and women are receiving just a teeny-tiny proportion of overall funding.