Female tech entrepreneurs given less room for error [FT.com - Mergermarket]
Morningstar, Inc. (MORN)
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Source: FT.com - Mergermarket
Listen to this article Women are being urged to pursue careers in technology but female entrepreneurs in the sector face a tougher battle than their male counterparts when it comes to attracting venture capital funding. More than 90 per cent of tech investment in Europe still goes to all-male teams, according to data published last week by Atomico, a venture capital firm. The story is similar at a global level. Of the $223bn raised this year to mid-November, only $28.1bn (17.3 per cent of deals) went to companies with at least one female founder, according to PitchBook Data, which analyses private capital markets. Just $3.4bn (4.6 per cent) went to those with exclusively female founders. Venture investors of both sexes perceive a female-led company to be higher risk, says Cindy Padnos, founder and managing partner of Illuminate Ventures, an investor in early-stage tech businesses based in Oakland, California. Earlier this year, Illuminate surveyed more than 800 inve
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MORN
Analyst Actions
- 2/26/24 - TheStreet
MORN
Sec Filings
- 3/28/24 - Form ARS
- 3/28/24 - Form DEFA14A
- 3/28/24 - Form DEF
- MORN's page on the SEC website