AI has been a good thing for female founded or co-founded start-ups
Crunchbase data shows more than 50 percent of U.S. investment went to AI companies with at least one female Founder.
Last year was a good 12-month period for start-ups that had at least one female Co-Founder.
That’s according to data from Crunchbase as reported in this article by Gené Teare. She writes that a quarter of all funding — $34.7 billion — was invested in companies with at least one female Founder or Co-Founder.
The uptick in the portion of start-up investment going to female-founded companies — up from 15 percent in 2022 — was in large part due to a number of billion-dollar-plus rounds raised by artificial intelligence (AI) companies with a female Co-Founder. Within the AI sector in particular in 2023, Teare wrote that more than 50 percent of U.S. investment went to AI companies with at least one female Founder, in total around $21 billion, across more than 360 rounds.
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