When you don't fit into an existing mold, it's time to create your own — and that's exactly what these women-run startups you should know about are doing. The startup landscape has long been dominated by men, especially in the tech world: TechCrunch reported that in 2017, only 17 percent of startups have a female founder. What's more is female-founded startups have a more difficult time raising capital than male founded companies.
"The biggest issue is not the number of women starting companies, but the access to capital as you move up the food chain," Susan Lyne, a co-founder of BBG Ventures, told TechCrunch. To help even the playing field, Crunchbase created a database of investment firms geared toward investing in women-run startups.
Despite the funding challenges, many women are flipping the script and creating the companies they want to work for. Harvard Business Review published an article that outlines four factors that predict startup success, and one of those factors is the company having a female founder.
"This isn’t surprising, given other research about the performance of diverse teams; it’s a timely reminder of the importance of increasing female entrepreneurship and of the opportunity that VCs may be missing by continuing to disproportionately fund white men," HBR reported.
Can I get a hell yeah? Here are women-run startups to stoke your entrepreneurial spirit.