Female founders in the U.S. VC ecosystem: the good and the bad | Pitchbook

Women founders and investors raised $38.8 billion in funding in the U.S. in 2024, up 27% from the year before, according to PitchBook. The report was created by PitchBook Data’s Nizar Tarhuni, Paul Condra and Garrett Black. The number of transactions involving women founders is down 13.1%, as deal activity continued to concentrate among a smaller population of companies. Overall, female founders took home a smaller share of total U.S. VC funding for the year in terms of both deal count and value. In 2024, female founders were involved in 25.1% of all deals, compared to 26.4% in 2023. And female founders were 19.9% of total VC deal value in 2024, compared to 20.8% in 2023. It’s clear that male founders dominate tech startups. The bad news? Well, the deals slipped in 2024, when funding was bouncing back. And one of the charts below shows that female-only teams accounted for 2% of overall VC in 2024. That is, when there is a man invovled as a founder alongside a woman, the company has ... Read full article.