Female Founder Report 2019 (Harlem Capital)

Summary

• The 1,714 female founders analysed raised $56.4bn of capital.p.5
• The average founding year was 2013 with a median raise of $5.8mm.p.5
• Software, biotech, and healthcare represent 32% of companies and 33% of capital raised.p.5
• White and Asian women raised 14.8x or $41bn more than African American and Latina women among the top 300 founders.p.10
• NYC & SF represent 55% of companies and 52% of total capital raised.p.8
• 21% of female founders have successfully exited.p.13

Key insights

1. Over 2,300 female founders have raised $1mm+ of venture capital, and over 1,700 had enough public funding information to analyse.p.3
2. Over 50% of all companies were early stage at the seed and series A rounds.p.5
3. White and Asian women founded 66% of the top raised companies among the top 300 founders.p.10
4. 77% of founding teams have at least one co-founder.p.14
5. 26% of Latina women founders have an MBA.p.15