Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

Malavika is an intern at MaRS Data Catalyst, supporting their work surrounding the innovation economy. She is currently completing a degree in economics, statistics and psychology at the University of Toronto.

It seems as though everyone these days is gunning for change when it comes to “women entrepreneurs” or “women in tech.” Certainly, the data around female participation in startups and/or technology suggests change is needed: women comprise just 24% of the Canadian tech sector workforce.

In January of last year, an eye-opening blog post by Whitney Hess looked at the “other side of the table,”—that is, where the money is coming from. Her blog post explored the gender gap within United States–based venture capital firms, using data scraped from the websites of firms that had a focus on early-stage funding, had funded at least five brand-name startups and had funds of at least $100 million.