It’s no secret that women secure a minute amount of venture capital funding compared to their male counterparts. In 2017, women-only founding teams raised just 2.2% of all VC in the US.
To increase that number, some firms in Silicon Valley and beyond have taken the crucial (and significantly delayed) step of hiring women as partners. Others have allocated funds to specifically back female-founded companies. And many women investors have come together to craft new initiatives specifically targeting underrepresented founders. In Seattle, the Female Founder Alliance (FFA), a rapidly growing private network of female founders and women CEOs, is igniting its own movement to support women entrepreneurs and increase the amount of capital funneling into female-founded startups in the Pacific Northwest. [ PitchBook ]