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

Joanna Glasner

When tracking venture funding, a common lament is that Black and female founders raise a disproportionately tiny share of investment.

Out of $150 billion in U.S. venture investment last year, only $1 billion went to Black startup founders, which comes out to less than 1 percent of total funding, per Crunchbase data. Teams with at least one female founder, meanwhile, captured roughly 11 percent of venture funding.