According to a recent report published by American Express, women presently own 40% of all U.S. businesses – 12.3 million companies. These firms employ 8% of the workforce and generate $1.8 trillion in revenues. Yet despite the meteoric increase in the number of successful women-led businesses, female entrepreneurs receive less than 3% of venture capital.
The disproportionate amount of venture capital allocated to female entrepreneurs was addressed at a session titled, “Disrupting Venture Capital: Funding Women Entrepreneurs” at eMerge Americas, a premier technology event connecting the Americas.
