Funding Female Founders
As a follow up to yesterday’s post, I asked Zach to calculate the percentage of teams with at least one female founder in our last two core funds.
Yesterday, I wrote “I don’t have the exact data on me and it would take more time than I have right now to calculate it, but my guess is that over the last four years, about thirty to fifty percent of the teams we have funded have had at least one woman founder on them”.
Well I am pleased and proud to let you all know that my guess was correct.
Here is the data:
Percentage of investments with at least one female founder:
USV 2014 Fund: 33%
USV 2016 Fund: 43%
Certainly we have more work to do, the female founder ratio is not 50/50 yet, and we have work to do on other areas like people of color, etc.
But I am quite pleased that USV is female founder friendly.