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All In: Female Founders in the US VC Ecosystem

2021

All In: Female Founders in the US VC Ecosystem

November 1, 2021

All In: Female Founders in the US VC Ecosystem
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Female founders try to regain their footing amid pandemic recovery

The COVID-19 pandemic had a disproportionate impact on female founders compared to male founders and the overall US VC market. For the first time in over a decade, early-stage valuations of female-founded companies diverged significantly from the industry, with a gap emerging in both 2020 and 2021.

While some trends, such as a growing pool of female angel investors and checkwriters at VC firms, are worth celebrating, other data points highlight how the pandemic dented years of progress. The latest edition of our All In Report, created in partnership with Beyond The Billion and sponsored by J.P. Morgan, breaks down the numbers by cities, sectors and exit activity. 

This report was created in partnership with Beyond The Billion and sponsored by J.P. Morgan. Interested in sponsoring future editions of this report? Visit our media partnerships page to learn more.

Table of contents
Executive summary 2
Overview 3
COVID-19's impact 5
Q&A with Beyond The Billion 6
Infographic: Ecosystems 8
More female GPs today 10
By the numbers: Sector overview 12
J.P. Morgan: Sharing the stage 14
The exit scene 16
Female angel investors 18
Key takeaways and methodology 20