Women build and leverage the ecosystem
While venture capital’s track record with women makes you want scream with frustration, the new angel numbers will make you want to jump for joy. For nearly all metrics, the numbers hit record heights in 2014, according to the Center for Venture Research, which researches angel investments. In 2014:
- 26% of all angels were women, increasing by an impressive 43% from the previous year.
- 36% of all companies seeking funding were women, increasing by a whopping 83% from the previous year.
- 28% of all companies receiving funding were women-run, a substantial 44% increase.
- 15% of all women-run companies succeeded in raising capital vs 22% for their male counterparts. “Typically, when there is a surge in the number of entrepreneurs seeking angel funding, the overall yield [success rate] goes down,” said Jeffrey E. Sohl, director of Center for Venture Research. The 15% success rate is within the historic norms for entrepreneurs raising capital from angels.
Photo Credit: Michel Filion via Flickr