(Wall Street Journal) Less than 2% of enterprise software startups in the U.S. have at least one female founder according to a new report. Experts say one reason for the small number of female founders is that they have a harder time getting initial funding. The 2% figure represents just 354 enterprise software startups tracked by New York-based venture-capital firm Work-Bench, which produced the report. In 2021, 154 of those startups received funding.
Work-Bench calculated the percentage using its database of female-founded companies and information from financial data company PitchBook Data Inc., which shows a total of approximately 18,500 venture capital-backed business-to-business software startups in the U.S.
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