The media depicts a miserable state, however is that this portray an correct image?
The 60 funds we surveyed (please tell us if we missed yours)
1835i, Black Sheep Capital, Folklore Ventures, Macdoch Ventures, Shearwater Capital, Tenacious Ventures, Airtree, Brandon Capital, Galileo Ventures, Major Sequence, Facet Stage Ventures, Big Leap, Marbruck Investments, Important Early Enterprise Capital, Tenmile, Alberts, Breakthrough Victoria, Gravel Highway Ventures, Soften Ventures, NAB Ventures, NAB, Skalata, Skip Capital, Tidal Ventures, Archangel, Community of Funds, Carthona Capital, CP Ventures, Grok Ventures, OIF Ventures, OneVentures, Dash Ventures, Sq. Peg, Upswell Ventures, Artesian (Various Investments), Ellerston Capital, InterValley Ventures, Rampersand, Contact Ventures, Reinventure Group, Virescent Ventures, BetterLabs, EVP, Investible, Blackbird, 5 V Capital, King River Capital, Jelix Ventures, Proper Click on Capital, Taronga Ventures, Telstra Ventures, Black Nova Enterprise Capital, Flying Fox Ventures, LUXEM Ventures, Scalare Companions, SecondQuarter Ventures, and TEN13
Whereas 16% is a great distance from parity, what’s really occurring on the planet of Australian VCs funding girls is significantly better than the media experiences and there’s been a lot progress over the previous decade.
It’s attention-grabbing that the proportion of firms with feminine CEOs in Lighter Capital’s Australian portfolio is double that of VC corporations.
We consider this has to do with the truth that most VCs cite the standard of the workforce or founder as crucial issue of their funding resolution. This can be a subjective measurement with the potential to include unconscious biases.
At Lighter Capital, our resolution making course of is 100% knowledge pushed, so it’s maybe not shocking that whenever you take subjectivity out of the equation, a better share of ladies led companies obtain funding.
- Melissa Widner is CEO of non-dilutive startup funder Lighter Capital