2020 EDITION

DIVERSITY IN U.S. STARTUPS

DIVERSITY IN
U.S. STARTUPS

LIVING OUT OUR MISSION

It’s more apparent now than ever, that we have a responsibility to bring awareness to, educate, and act against the systemic racism and inequitable funding in our beloved startup ecosystem.

We are proud to present our 2nd in-depth report on diversity in US venture-backed startups. We hope this information can signal conversation and much-needed change in our entrepreneurial community.

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DATA COLLECTED FROM

DATA
COLLECTED
FROM

$63B

IN FUNDING

7,705

FOUNDERS

4,068

FUNDING ROUNDS

3,304

STARTUPS

100

VC FIRMS

Our mission is to restore balance to the startup ecosystem by leveling the playing field between investors and founders. The cornerstone to achieving that is ensuring that there is equality of opportunity for founders from all walks of life, regardless of race, ethnicity, gender or creed.

Historically the venture capital industry has not set a good example from a diversity, equity and inclusion perspective. However, we believe that change is possible and that the first step towards addressing the lack of diversity in our industry is to acknowledge it. The second step is to conduct in depth research and analysis into the current state of the DEI landscape in order to set about repairing the woeful gaps, inequity and disparity that continues to persist.

We are proud to present the second edition of this Diversity in US Startups report, therefore, and welcome your collaboration in creating a fairer, more resilient and more successful venture capital and startup industry of the future.

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Download the 2019 Report here

2019 REPORT