The Top Female Founder In Every Country: World Map
Companies with at least one female founder generate 78 cents of revenue for every dollar of venture funding, while male-led startups generate roughly 31 cents.
Yet, startups with only female founders receive just 3% of total invested dollars globally.
The above infographic from Business Financing explores the global landscape of female-led startups. It shows the top female founders according to the highest amount of capital raised, in each country profiled.
In an ideal world, female start-up founders would not need to prove their value compared to their male counterparts. But research shows that women face negative attitudes during pitches. Investors ask women more about risk and losses, while men are asked about ambitions and achievements.
That’s tough luck for prejudiced investors. Female founders deliver higher profits. They are more likely to run their business in a socially responsible way. And, because they are more driven by ideas than money, they are a better bet for long-term success.
So, who are these high-achieving women entrepreneurs? We analysed data from the business information resource Crunchbase to identify the top female founder in every country in the world and created this new set of maps to show who they are and what they do.
Magdalena Rodriguez, Board Member and Chair of Communications at the GGBA was selected as one of the Top Female Founders in the World and one of the Top Ten Female Founders in Latin America
What’s Next For Female Founders?
While just a fraction of all venture funding is allocated to women-led companies, trends illustrate clear resilience.
Female-founded firms continually outperform—and shareholder returns are only getting better every year. As both startup and venture capital ecosystems continue to evolve, the future of women-led entrepreneurship is as bright as ever.
The Decade of Female Entrepreneurs?
Over the past decade, the percentage of deals made with teams that included women founders rose from 7.9% to 15.7%. Last year, 21 female-founded or co-founded American start-ups became unicorns, up from 15 the previous year. Investors are waking up the power of female founders. And as our research shows, they are waking up all over the world.
The story of female start-up founders may be of triumph over adversity – but that triumph is just beginning.
Methodology & Sources
To create these maps, we selected female founders that have been a founder or co-founder of at least one company in a given country or state of the US-listed in CrunchBase. For each country, we selected the women who founded companies with the greatest funding amount raised. For some countries, no qualifying companies with female founders were listed on CrunchBase. In cases where there was more than one female co-founder, all-female co-founders were included.
Industry categorisation was created on the basis of industries and company descriptions, as listed on CrunchBase. The final dataset contains 107 female founders and co-founders across 102 countries in the world. For the US, 57 female founders were included from 50 states and DC.
Data collected in June 2020. For the full research behind this map, visit bit.ly/Women-Trailblazers.