2.3%. That’s how much venture capital funding goes to startups led by women.
The tiny percentage, which dropped during the pandemic, validates the notion that venture capital remains a “boy’s club.” Even outside of strong networks, female founders struggle to break into a male-dominated industry.
This summer, Dorm Room Fund launched the Female Founder Track for the fourth time. The size of the track, for which DRF investment partners Lan Jiang and Chloe Lopez-Lee lead, mirrors that of the Female Investor Track. At the end of the summer, female investors from one track evaluated the companies by female founders in another track.
Over six evening sessions, female founders scale startups, raise capital, and craft a plan for a final pitch. Founders learn about scaling MVPs, fundraising, and hiring from the top female mentors in the business.
Check out the companies of the 2021 Female Founder Track!
Marketplace for graduate and undergraduate application help.
Learn more: https://www.theappbuddy.com
Recommerce for the outdoors.
Learn more: http://requipper.com/
Fractional ownership of NFTs.
Impact-oriented social media community.
Learn more: https://www.instagram.com/impact/?hl=en
Platform for in-house corporate retreat planning.
Learn more: https://www.retrera.com/
An investment platform between Wealthfront and Public for Mexico.
Learn more: https://www.tuzumma.com/
East Asian superfoods.
Learn more: www.enjoyboyi.com
Pubic hair trimmer for women.
Learn more: https://www.shoprayna.com/
Alcohol-free canned cocktails.
Learn more: www.joiedesans.com
Wearable input device for AR glasses
Learn more: https://www.innatecontrol.com/
Secondhand marketplace on college campuses.
Company website: https://yustha.yoga/
Written by DRF head of content, Anne Wen. Reach her at email@example.com. Get more updates on Twitter, Medium, and newsletter. Ready to take your startup to the next level? Apply here for an investment from Dorm Room Fund. Until next time! 🚀