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Female Founders Are The Future. Let’s Help Them Build More Thriving Companies in NYC.
25
April
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Female Founders Are The Future. Let’s Help Them Build More Thriving Companies in NYC.

April 25, 2018 by Rae Keinan

Spring is finally here. Yet, when it comes to venture funding for female led startups, it seems like we’re still in the middle of winter. A recent Crunchbase report shows that only 3% of venture dollars were invested in solo female founders in Q1 of 2018. Overall,  funding into companies with at least one female founder represents just 9% of venture dollars invested in Q1 2018, the lowest number over the past year. That is absolutely astonishing. It’s time for a change.

At ICONYC, we’re fortunate to invest in 6 companies led by female-founder CEOs, including the likes of MyndYouCinchFluxLeOPitaya and Zirra, representing 20% of our total portfolio companies. In addition, one of our companies, Halo Labs, has a female founder CTO, an extremely rare find in today’s tech world dominated by male tech founders.

Are you a female founder looking to expand your company to NYC? If so, we want to hear from you!

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